Florida State University (FSU) has established a new advisory body composed of industry and community leaders to guide its efforts in advancing economic development through magnetic technology research.
The Magnetic Capital Research Advisory Council aims to position Tallahassee and the broader state of Florida as a global hub for innovation in high-field magnet applications, energy advancements, and advanced materials, with the goal of attracting skilled professionals and generating employment opportunities.
Stacey S. Patterson, Vice President for Research at FSU, emphasized the institution’s public mission: “As a public university and host to a national laboratory, we are committed to strengthening the region’s economic standing.” She praised the council members for volunteering their expertise to expand FSU’s economic impact across Florida.
The council includes representatives from scientific, industrial, financial, and economic development sectors, and will be led by Patterson. Its primary focus will be enhancing the capabilities and outreach of the National High Magnetic Field Laboratory (National MagLab), the only federally funded lab in Florida.
Currently, the National MagLab contributes $709 million to the national economy and $221 million to the Tallahassee area. Based at FSU with additional facilities at the University of Florida and Los Alamos National Lab, it supports thousands of researchers from academic, government, and private institutions worldwide who rely on its specialized magnets and tools to explore critical scientific challenges.
Research enabled by powerful magnetic fields spans numerous domains: improving post-stroke brain recovery for better medical outcomes, engineering compact yet powerful batteries, mapping disease-related proteins to develop safer pharmaceuticals, and refining nanoscale components to enhance computing speed and memory in future electronic devices.
Ricardo Schneider, Executive Adviser at Danfoss Turbocor and former CEO of the company, highlighted the region’s strengths: “Tallahassee and Florida possess exceptional resources through university-driven research and partnerships with FSU, especially in magnetic technologies.” He expressed enthusiasm for helping translate lab discoveries into real-world jobs and economic opportunities for the state.
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FSU forms new advisory council to support economic development in the region
Florida State University has created a new advisory group of business and community leaders to advise the university on its initiatives to advance economic development related to magnetic technologies.
The Magnetic Capital Research Advisory Council will work to establish Tallahassee and the state as a global leader in developing cutting-edge technologies, driving energy solutions and creating advanced materials to attract talent and create 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 Magnetic Capital Research Advisory Council is composed of university and community leaders. The board will be chaired by Patterson and include members representing economic development, finance, industry and scientific leaders.
The group hopes to specifically amplify the work and resources available through the National High Magnetic Field Laboratory (National MagLab), the only national lab in Florida. The National MagLab currently creates a $709 million economic impact in the United States and $221 million economic impact in the Tallahassee region.
Headquartered at Florida State University with satellite locations at University of Florida and Los Alamos National Lab, the National MagLab hosts researchers from thousands of universities, labs and businesses from around the world who use the lab’s unique high field magnets and instrumentation to answer pressing scientific questions.
Discoveries in powerful magnets touch every part of the human experience. Researchers are using the lab’s magnets to study how brains recover after stroke to deliver better treatments and outcomes, make smaller and stronger batteries to keep people on the go, develop safer and targeted medicines by mapping the proteins of diseases and advance nano components that will improve processing power and memory for next-gen 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.”