FSU launches advisory council to boost regional economic growth through magnetic technology

Stacey S. Patterson, Vice President for Research
Stacey S. Patterson
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Florida State University has established a new advisory group, the Magnetic Capital Research Advisory Council, to guide its efforts in advancing economic development focused on magnetic technologies. The council consists of business and community leaders who will advise the university on strategies to position Tallahassee and Florida as global leaders in developing advanced technologies, energy solutions, and materials aimed at attracting talent and generating jobs.

“As a public university and home to a national lab, we have a responsibility to enhance the region’s economic competitiveness,” said Vice President for Research Stacey S. Patterson. “This advisory council comprises a number of talented and dedicated individuals who are donating their time and energy to help us build our economic development portfolio to benefit the people of Florida.”

The council includes representatives from economic development, finance, industry, and scientific sectors. Patterson will serve as chair.

A key focus for the group is expanding the impact of the National High Magnetic Field Laboratory (National MagLab), which is headquartered at Florida State University with additional sites at University of Florida and Los Alamos National Lab. The National MagLab is currently the only national laboratory in Florida. It contributes an estimated $709 million in economic impact nationally and $221 million within the Tallahassee region.

The laboratory attracts researchers from thousands of institutions worldwide who use its high field magnets and instrumentation for various scientific inquiries. These include research into brain recovery after stroke for improved treatments, battery innovation for portable devices, targeted drug development through protein mapping, and advancements in nano components that could enhance future electronics.

“Tallahassee and Florida have incredible assets through its university researchers and companies that have partnered with Florida State, particularly in areas related to magnetic technologies,” said Ricardo Schneider, Danfoss Turbocor Executive Adviser & Former President & CEO of Danfoss Turbocor. “We’re excited to support Florida State building on the groundbreaking work from its labs and translating that to jobs and opportunities for Tallahassee and the state of Florida.”



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