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    MELE   BE0165385973

MELEXIS N.V.

(MELE)
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Real-time Euronext Bruxelles  -  11:35:09 2023-02-03 am EST
104.80 EUR   +2.14%
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Melexis N : Introduces Free Magnetic Design Simulator

07/01/2021 | 07:40am EST

Free online simulation resource provides fast results with high accuracy and configurability for magnetic position sensor design, covering linear and rotary modes of operation

Tessenderlo, Belgium, 1 July 2021 - Melexis has introduced a free, online simulation tool for magnetic sensor evaluation and module design. The online tool gives customers' engineering teams the ability to design and simulate their own magnets based on Melexis' Triaxis® 2D/3D sensors. By using the simulation application, engineers can quickly design a custom magnetic sensor module to their own specification.

Melexis, a global microelectronics engineering company, has developed a free online simulation application for its Triaxis® range of magnetic sensors, covering both linear and rotary applications. It simulates the sensor's performance in a customer's application with a high level of accuracy, including stray field immunity. Simulation with this level of accuracy can significantly improve and accelerate the design cycle of sensor modules.

'Simulation software has become an incredibly powerful and useful resource for engineering teams,' commented Jerome Degois, Regional Marketing Manager at Melexis. 'Melexis has developed this online simulator to give customers fast, accurate results at the earliest possible stage in a project's design. It delivers greater accuracy than other simulators, as it has been specifically developed to simulate how the Triaxis® 2D/3D magnetic sensor will react when used with a wide variety of magnets.'

Simulating multipole magnets is not simple, as it involves complex physics. As a result, simulators with this level of functionality are not generally available from manufacturers at no cost. Melexis has taken the decision to make its simulation tool free to use and include as much simulation capability as possible. This makes it much more complete than competitors' tools, as it provides results that are closer to how a real sensor would perform.

The online simulation tool covers mechanical and magnetic design, for both linear and rotary modes of operation with or without stray field immunity factored in. No other free-to-use simulation tool can match these features. The tool also supports real-time design by providing results as soon as any parameter is modified. Based on the Streamlit framework and the Python library for analytical formulas for simple magnetic shapes (magpylib), Melexis has extended this foundation to create a catalogue of magnets that customers can use to develop and simulate their own unique applications.

The simulation tool will be live and free to use from July 1st 2021. Access it here: www.melexis.com/magnetic-design-simulator

Disclaimer

Melexis NV published this content on 01 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 July 2021 11:39:07 UTC.


ę Publicnow 2021
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Financials
Sales 2022 837 M 909 M 909 M
Net income 2022 196 M 213 M 213 M
Net cash 2022 73,2 M 79,4 M 79,4 M
P/E ratio 2022 21,6x
Yield 2022 3,16%
Capitalization 4 234 M 4 595 M 4 595 M
EV / Sales 2022 4,97x
EV / Sales 2023 4,33x
Nbr of Employees 1 800
Free-Float 50,0%
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Mean consensus HOLD
Number of Analysts 7
Last Close Price 104,80 €
Average target price 87,29 €
Spread / Average Target -16,7%
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Managers and Directors
Marc Biron Chief Executive Officer & Director
Karen van Griensven Chief Financial Officer
Franšoise Chombar Chairman
Veerle Lozie Chief Operations and Information Officer
Martine Baelmans Independent Non-Executive Director
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