Abstract: A coaxial shaft system includes an inner shaft and an outer shaft. The inner shaft includes a first plurality of magnets. An outer shaft is located coaxially around at least a portion of the inner shaft. The outer shaft includes a second plurality of magnets. The second plurality of magnets faces towards the first plurality of magnets. A support system supports the inner shaft and the outer shaft so that the inner shaft does not come into physical contact with the outer shaft. A number and location of the first plurality of magnets and the second plurality of magnets are configured so that for every magnet in the first plurality of magnets there is a corresponding magnet in the second plurality of magnets that together form a closely proximate magnetically attractive pair that have opposite poles in close proximity.