The world’s first ‘magnetically-controlled pencil’ has just gone into production after an award-winning graduate from the University of the West of England (UWE Bristol) successfully raised over £80k to launch the the MAGNO.
The patent-pending Magno will be the first product for UWE Product Design Technology Graduate Ashley Hribar-Green’s company HribarCain.
The invention of the pencil was driven by the frustration of using traditional mechanical pencils while working at technology giant Dyson. The unique magnetic technology, which will give architects, engineers and designers more control and accuracy with their technical drawings.
The 2mm lead pencil works by relying on a free-moving magnet concealed within its aluminium body which can be moved back and forth to adjust length
5,000 pencils are now production in China and will go on sale at the end of 2016. Ashley is billing the product as unlike any traditional pencils the market.
Ashley explained that using crowd-funding to finance the project was “was absolutely brilliant” as it enabled HribarCain “to see sales coming through every five seconds”. The company was able to hit their initial £10,000 goal in just two days.