The team at ParaNetics has created a breakthrough in magnetics technology that will fundamentally change multiple applications and products where magnets are currently being used including:- Ducted fan electric aircraft motors with advantages in design, efficiency, weight and ease of manufacturing.- Sensors with ultra-sensitive properties and miniaturization.- Valves allowing precise control and unique designs.The properties of the ParaNetic magnetic field include two north poles with a single south pole sandwiched in between. ParaNetics is currently licensing the ParaNetic magnetic for using any your application. Visit ParaNetics.com for more information. The Company has received issued patents for the ParaNetic magnetic field from the US, Canada, Australia, Japan, and China. The company is currently awaiting the issuance of an EU patent as well. ​