Business Development Lead - COREPOWER

Pittsburgh, PA
Full Time
Mid Level

Business Development Lead



We are seeking a talented Business Development Lead to join the CorePower Magnetics team. CorePower Magnetics is a newly launched magnetic components manufacturer with a broad portfolio of patents in new soft magnetic materials and advanced manufacturing processes. Our technology can have broad implications across grid modernization efforts and electric vehicles and aviation through its smaller, lighter, more efficient components. With the underlying inventions awarded the R&D100 and Carnegie Science Awards in 2019 and significant non-dilutive funding, CorePower Magnetics is bringing to market a step change in magnetic core performance with up to 10x weight reduction, up to 5x volume reduction, and up to 2x loss reduction of engineered magnetic components without the need for rare earth based permanent magnet materials.

The Business Development Lead will play a foundational role in commercializing CorePower's technology through execution of the customer acquisition and retention strategy. Responsibilities include but are not limited to the following activities:

  • Perform market assessments, develop growth strategies, and support the customer discovery process.
  • Serve as a primary face of the company, managing business relationships and partnerships.
  • Take a leading role in developing new-business proposals and presentations that create and nurture opportunities and partnerships.
  • Support development of corporate identity and marketing
  • Successfully execute on the strategic customer engagement plan, delivering on relationship development and product introduction
  • Support deal structure and pricing with business-value analysis, and negotiate prices for proactive bids and proposals.
  • Manage both our existing sales pipeline and the development of new business opportunities focused on balancing short, medium, and long term opportunities per the strategy.

Education and Experience

  • Candidates are required to have at minimum a bachelor’s degree in business engineering or related field.
  • Prior experience within a manufacturing company is required.
  • Preferred candidates will have experience in B2B companies with sales or business development in the electrical industry a plus.
  • Technical or engineering background is a plus.
  • Experience working in a start-up environment is strongly preferred.

Our ideal candidate is a highly organized, self-motivated, process-driven, and loves to celebrate winning as a team. A compelling storyteller and attentive listener. Dedicated to delivering on the expectations of customer and partners, they are adept at surfacing customer unmet needs that can be used to improve products and test the underlying assumptions of the commercialization strategy. A relentless and versatile learner - looks beyond the obvious and dives deeper than initial responses to uncover opportunities and obstacles. A skilled problem-solver and negotiator.

CorePower Magnetics is embarking on a mission bringing to market high performance magnetics to power the future. If you bring passion, integrity, customer focus, and a collaborative team first approach, we'd like to talk to you about joining us on this journey.

Job Type: Full-time

Pay: $80,000.00 - $150,000.00 per year plus a comprehensive benefits package including paid time off, medical/dental/vision coverage, 401k, and more. 


Please forward your resume to:


COREPOWER provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.


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