MAGMA Foundry Technologies, Inc.
MAGMA Foundry Technologies, Inc. (Schaumburg, IL) is the US subsidiary of Germany's MAGMA Gießereitechnologie GmbH and distributes MAGMASOFT® — a casting process simulation platform built on its proprietary Autonomous Engineering® methodology — to foundries, automotive OEMs, tier-1 suppliers, and heavy industrial manufacturers across North America.
- Company typePrivate
- Founded1989
- HeadquartersSchaumburg, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What MAGMA Foundry Technologies, Inc. does
MAGMA Foundry Technologies, Inc. is the US (Schaumburg, Illinois) subsidiary of Germany's MAGMA Gießereitechnologie GmbH (Aachen) and serves as the North American commercial vehicle for the group's flagship casting process simulation platform, MAGMASOFT®. Founded circa 1989, the MAGMA group has spent 35+ years building physics-based simulation software used by metal casting foundries, automotive OEMs, tier-1 suppliers, and heavy industrial manufacturers to virtually design and optimize casting processes before any metal is poured. The US entity operates with 11–50 employees and is part of a wider network of 10+ wholly-owned subsidiaries and 30+ qualified channel partners worldwide.
The MAGMASOFT® product architecture is a unified platform-plus-modules suite organized around the company's proprietary Autonomous Engineering® methodology, which combines deterministic physical models, stochastic microstructure modeling, and self-optimizing algorithms to run virtual Design of Experiments and converge on robust process windows. The MAGMASOFT core hosts process-specific modules for cast iron, steel, high-pressure and low-pressure die casting, non-ferrous alloys, core and mold production, continuous casting, heat treatment, and investment casting. Adjacent capabilities include MAGMA ECONOMICS for cost and CO₂ assessment, MAGMAstress for distortion, MAGMAinteract® for visualization, and a patent-pending probabilistic property modeling methodology. The 2025 MAGMASOFT® 6.1 release added new low-pressure die casting solvers, the MAGMAsemisolid module for rheocasting/thixomolding, a Virtual Gate function, and integrated material databases from SELEE, Thermotec, and FOSECO.
MAGMA generates revenue through a mix of perpetual and term-based MAGMASOFT licenses (typically multi-year enterprise contracts), recurring annual maintenance and support agreements, paid engineering services performed by MAGMA engineers on behalf of customers, and the MAGMAacademy training program. Pricing is quote-based and not publicly disclosed. Distribution is high-touch enterprise field sales through direct subsidiaries in 10+ countries, augmented by 30+ qualified channel partners in regions without a direct MAGMA presence. Demand generation runs through major foundry trade shows (GIFA, IFEX, Metal China, CastForge, Fondex), 76 published case studies, and 48 technical publications. The named customer base spans automotive (Hyundai WIA, BMW Brilliance, Ford Cologne), industrial manufacturing (Emerson, DISA, Morris Bean, PLP Indonesia), and mid-market foundries across multiple geographies.
MAGMA Foundry Technologies, Inc. firmographics
Firmographics- Name
- MAGMA Foundry Technologies, Inc.
- Legal name
- MAGMA Foundry Technologies, Inc.
- Website
- https://magmasoft.co.in
- Company type
- Private
- Founded year
- 1989
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- MAGMA Foundry Technologies, Inc. (Schaumburg, IL) is the US subsidiary of Germany's MAGMA Gießereitechnologie GmbH and distributes MAGMASOFT® — a casting process simulation platform built on its proprietary Autonomous Engineering® methodology — to foundries, automotive OEMs, tier-1 suppliers, and heavy industrial manufacturers across North America.
- Ownership category
- akta.pro rank
MAGMA Foundry Technologies, Inc. industry classification
Industry- Product category
- Casting Process Simulation Software
- NAICS
- Aluminum Foundries (except Die-Casting) (331524), Other Nonferrous Metal Foundries (except Die-Casting) (331529)
- SIC
- Metalworkg Machinery & Equipment (3540), Nonferrous Foundries (Castings) (3360)
- akta.pro primary industry
- Prototype Jigs, Fixtures & Assembly Aids (Additive) (IMAAAFAE)
- akta.pro secondary industry
- Support Generation & Lattice/Structure Design Tools (IMAAACAJ)
Keywords
Where MAGMA Foundry Technologies, Inc. is headquartered
LocationHeadquarters
- HQ city
- Schaumburg
- HQ country
- United States
- HQ region
- North America
Offices11 records
Markets served
MAGMA Foundry Technologies, Inc. business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure, Supply Chain
Revenue model
- Software licensing — MAGMASOFT® and modules: Perpetual and term-based software licenses for MAGMASOFT and related modules (MAGMA C+M, MAGMA CC, MAGMA INTERACT, MAGMA ECONOMICS), typically sold to foundries and OEMs as enterprise installations with annual maintenance.
- Engineering services and customer-specific simulation studies: Professional services where MAGMA engineers perform casting simulation, feasibility, and optimization projects on behalf of customers who lack in-house expertise.
- Training — MAGMAacademy: Paid training programs and certification courses (MAGMAacademy) covering software use, methodology, and best practices, delivered both as public seminars and dedicated customer sessions.
- Technical support and software maintenance contracts: Recurring support, updates, and maintenance agreements attached to MAGMASOFT licenses, providing ongoing revenue from the installed base.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Quote-based enterprise software licensing for MAGMASOFT and modules |
| Subscription | Annual | Annual maintenance and support contracts on installed MAGMASOFT licenses |
Go-to-market motion3 records
Distribution channels2 records
Marketing channels9 records
MAGMA Foundry Technologies, Inc. product offering
Product offeringCore offering
MAGMA Foundry Technologies, Inc. develops and sells MAGMASOFT®, an enterprise casting process simulation software platform built around the proprietary Autonomous Engineering® methodology. The platform combines deterministic physical models, stochastic microstructure modeling, and self-optimizing algorithms so foundries and OEMs can virtually design, simulate, and optimize metal casting processes (cast iron, steel, die casting, non-ferrous, core & mold, continuous casting, investment casting) before any metal is poured. The company supplements this core platform with process-specific modules (MAGMA ECONOMICS, MAGMA C+M, MAGMA CC, MAGMAsemisolid, MAGMAhpdc, MAGMAlpdc/MAGMAwheel, MAGMAsteel, MAGMAiron, MAGMAstress), the MAGMAinteract® visualization tool, MAGMA Engineering consulting services, and MAGMAacademy training programs.
Product overview
MAGMA Foundry Technologies, Inc. is the North American (Schaumburg, Illinois) subsidiary of the MAGMA group, which markets MAGMASOFT® — a unified casting-process simulation platform rather than a collection of disconnected tools. The MAGMASOFT® platform hosts the core methodology branded "Autonomous Engineering" (a registered trademark of MAGMA Foundry Technologies Inc.) and is organized as a platform-plus-modules architecture: a single core platform plus process-specific modules for Cast Iron, Steel, Die Casting, Non-Ferrous, Core & Mold, Casting Design, Heat Treatment, Investment Casting, and Continuous Casting (MAGMA CC). Specialized modules add capability on top — MAGMA ECONOMICS for cost and CO₂ evaluation, MAGMAsteel for reoxidation inclusion tracking, MAGMAiron for iron-foundry gating, MAGMAlpdc/MAGMAwheel for low-pressure die casting and wheels, MAGMAhpdc for high-pressure die casting, MAGMA C+M for core production, MAGMAsemisolid for rheocasting/thixomolding, and MAGMAstress for distortion. The ecosystem is rounded out by MAGMAinteract® for visualization, the systematic MAGMA APPROACH consulting methodology, MAGMA Engineering services for customers who need outside help, and MAGMAacademy for training.
Differentiator
Problem solved
Functional benefit
Brands
- MAGMASOFT®: Flagship casting process simulation software product of MAGMA; supports simulation and virtual optimization of casting processes.
- MAGMAinteract®
- Autonomous Engineering®
- MAGMA C+M
- MAGMA CC
Products and services
- MAGMASOFT® Flagship enterprise simulation and virtual optimization platform for metal casting processes, built around the Autonomous Engineering® methodology and integrating process-specific modules for cast iron, steel, die casting, non-ferrous, core & mold, casting design, continuous casting, heat treatment, and investment casting. Sold to foundries and OEMs under enterprise licenses.
- MAGMA ECONOMICS Add-on perspective/perspective integrated into MAGMASOFT® 6.1 that quantitatively assesses costs and CO₂ emissions along the entire casting process using existing simulation data and customizable material/process templates. Sells alongside MAGMASOFT® licenses to manufacturers needing cost and sustainability evaluation.
- MAGMA C+M Core and mold (core production) simulation module that automatically calculates shooting-nozzle pressure curves from machine parameters and integrates them into simulations and virtual DoE, reducing simulation time for inorganic-binder gassing processes. Sold as a module within the MAGMASOFT® platform.
- MAGMA CC (CC Steel, CC Copper, CC Aluminum, CC EMS) Continuous casting module with sub-offerings for steel, copper, aluminum, and electromagnetic stirring (CC EMS). Used by steel mills and continuous casting operations to model strand quality, melt distribution, and process optimization.
- MAGMAsemisolid Semi-solid casting process module using a special viscosity model for thixotropic rheology of semi-liquid metallic melts in rheocasting and thixomolding processes, shipped as part of MAGMASOFT® 6.1.
- MAGMAhpdc High-pressure die casting module with the new Virtual Gate function that enables early design of castings and fast initial assessment of die filling before machine/die selection.
- MAGMAlpdc / MAGMAwheel Low-pressure die casting and wheel casting module with new solver technologies, counter-pressure casting extension, tracer particles, and pressure-dependent porosity prediction, distributed as a module of MAGMASOFT®.
- MAGMAinteract®
Quantifiable outcome
- 76 published customer case studies documenting results achieved with MAGMASOFT simulation
- +1 more outcomes
Companies that use MAGMA Foundry Technologies, Inc.
Customer profileNamed customers12 records
Segments4 records
Ideal customer profiles3 records
MAGMA Foundry Technologies, Inc. technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
AI capability6 records
Feature6 records
MAGMA Foundry Technologies, Inc. partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and minor.
- SELEE CorporationcoreSELEE Corporation provides filter data that has been integrated into MAGMASOFT, allowing users to incorporate SELEE filter performance characteristics directly into their casting simulations.
- ThermoteccoreThermotec contributes its riser sleeve database for integration into MAGMASOFT, enabling MAGMA users to select and model Thermotec riser sleeves within their simulation setups.
- Simufact EngineeringcoreSimufact Engineering maintains an interface integration with MAGMA, allowing data exchange between MAGMA's casting simulation and Simufact's downstream manufacturing simulation tools.
- Euro-EquipcoreEuro-Equip is a qualified MAGMA sales and service partner that represents MAGMA in its region and hosts MAGMA-related activities at major industry events such as IFEX.
- EnginSoftcoreEnginSoft is a qualified MAGMA partner that resells and supports MAGMASOFT, particularly in the Italian and broader European market, and provides simulation consulting services.
- SwefosminorSwefos is listed as a qualified MAGMA partner providing sales and service coverage in its territory.
- Global network of 30+ qualified partnerscoreMAGMA operates a global channel of more than 30 qualified sales and service partners that resell MAGMASOFT, deliver training, and provide local-language support in regions without a direct MAGMA subsidiary.
Scale indicators7 records
Recent moves7 records
Expansion highlights6 records
MAGMA Foundry Technologies, Inc. competitors and assessment
Company assessmentDirect peers
- ESI Group (ProCAST, now part of Keysight Technologies): ProCAST is the closest direct competitor to MAGMASOFT in metal casting process simulation, covering filling, solidification, microstructure, and defect prediction across gravity, die, investment, and continuous casting. Both vendors compete head-to-head for the same foundry and OEM accounts globally.
- Flow Science (FLOW-3D CAST): FLOW-3D CAST is a CFD-based casting simulation product used for high-pressure die casting, gravity sand, and investment casting workflows. It directly competes with MAGMAhpdc and MAGMAlpdc in die-casting-focused foundries.
- AnyCasting Software: AnyCasting is a Korean-developed casting simulation suite covering sand, die, investment, and continuous casting processes. It competes with MAGMA across the global foundry market, especially in Asia-Pacific.
- NovaCast Systems: NovaCast is a Sweden-based developer of casting process simulation software for foundries, with comparable scope in filling, solidification, and defect prediction. It serves a similar niche customer base of ferrous and non-ferrous foundries as MAGMA.
- Altair Engineering (Inspire Cast): Altair Inspire Cast (formerly Click2Cast) is a dedicated casting simulation tool used by foundries for gravity and die casting process design. Like MAGMA, it targets foundries and Tier-1 automotive suppliers and is often considered alongside MAGMASOFT in tooling and process-engineering software evaluations.
Broad incumbents
- ANSYS: ANSYS is a broad multi-physics CAE platform whose Fluent, Mechanical, and dedicated casting solutions overlap with MAGMA in thermal-fluid and solidification modeling. It is often deployed alongside or as a competitor to MAGMA in large OEM engineering environments.
- Dassault Systèmes (SIMULIA): SIMULIA's Abaqus and broader 3DEXPERIENCE simulation suite address structural and manufacturing process analysis, including casting-related workflows. It is a broad incumbent in automotive and aerospace engineering where MAGMA is also deployed.
- Siemens Digital Industries Software (formerly Altair software): Siemens' Xcelerator portfolio (which absorbed Altair's simulation suite in 2025) includes Inspire Cast and broad manufacturing CAE tools that compete with MAGMA in OEM-driven PLM environments. Siemens is also a strategic partner of MAGMA via its Simufact forming interface.
- Comsol (COMSOL Multiphysics): COMSOL Multiphysics provides multi-physics simulation that can be configured for casting process analysis via its heat transfer and CFD modules. It is a broader general-purpose platform that occasionally displaces specialized casting tools in research-led or specialty-foundry applications.
Others
- FOSECO (Vesuvius group): FOSECO is a leading supplier of consumables (feeders, filters, coatings) to foundries and contributes feeder datasets to MAGMASOFT's FOSECO Pro module. As a strategic materials partner and software data contributor, FOSECO is an ecosystem enabler that shapes how foundries use MAGMA.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
MAGMA Foundry Technologies, Inc. social profiles
Digital presenceMAGMA Foundry Technologies, Inc. compliance and trust
Trust signalCompliance1 record
MAGMA Foundry Technologies, Inc. financial estimates
Financial estimateRevenue estimate
Valuation estimate
MAGMA Foundry Technologies, Inc. leadership team
Management profileNumber of profiles
Profiles2 records
MAGMA Foundry Technologies, Inc. subsidiaries and ownership
Company hierarchySubsidiaries1 record
MAGMA Foundry Technologies, Inc. funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MAGMA Foundry Technologies, Inc. M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MAGMA Foundry Technologies, Inc.
What does MAGMA Foundry Technologies, Inc. do?
MAGMA Foundry Technologies, Inc. develops and sells MAGMASOFT®, an enterprise casting process simulation software platform built around the proprietary Autonomous Engineering® methodology. The platform combines deterministic physical models, stochastic microstructure modeling, and self-optimizing algorithms so foundries and OEMs can virtually design, simulate, and optimize metal casting processes (cast iron, steel, die casting, non-ferrous, core & mold, continuous casting, investment casting) before any metal is poured. The company supplements this core platform with process-specific modules (MAGMA ECONOMICS, MAGMA C+M, MAGMA CC, MAGMAsemisolid, MAGMAhpdc, MAGMAlpdc/MAGMAwheel, MAGMAsteel, MAGMAiron, MAGMAstress), the MAGMAinteract® visualization tool, MAGMA Engineering consulting services, and MAGMAacademy training programs.
Is MAGMA Foundry Technologies, Inc. a public or private company?
MAGMA Foundry Technologies, Inc. is a private company. It is classified as corporate owned and is currently operating.
When was MAGMA Foundry Technologies, Inc. founded?
MAGMA Foundry Technologies, Inc. was founded in 1989. It employs 11 to 50 people.
Where is MAGMA Foundry Technologies, Inc. based?
MAGMA Foundry Technologies, Inc. is headquartered in Schaumburg, United States, in the North America region.
How does MAGMA Foundry Technologies, Inc. make money?
Four revenue lines are on record. Software licensing — MAGMASOFT® and modules are the primary driver. The others are engineering services and customer-specific simulation studies, training — MAGMAacademy and technical support and software maintenance contracts.
Who are MAGMA Foundry Technologies, Inc.'s main competitors?
Direct peers on record are ESI Group (ProCAST, now part of Keysight Technologies), Flow Science (FLOW-3D CAST), AnyCasting Software, NovaCast Systems and Altair Engineering (Inspire Cast). Broad incumbents are ANSYS, Dassault Systèmes (SIMULIA), Siemens Digital Industries Software (formerly Altair software) and Comsol (COMSOL Multiphysics). FOSECO (Vesuvius group) is listed as an others.
Does MAGMA Foundry Technologies, Inc. have an API?
No public API is recorded for MAGMA Foundry Technologies, Inc..
What industry is MAGMA Foundry Technologies, Inc. in?
MAGMA Foundry Technologies, Inc.'s product category is Casting Process Simulation Software. Its primary akta.pro industry code is IMAAAFAE, Prototype Jigs, Fixtures & Assembly Aids (Additive), with a secondary code of IMAAACAJ, Support Generation & Lattice/Structure Design Tools. Its NAICS code is 331524 and its SIC code is 3540.