Abstract: A machine for transferring power and producing electricity in a jet engine. with a ring connecting the tips of the compressor and turbine blades containing embedded high energy magnets, a set of coils for each rotating stage of the engine in the outer engine case, a power transfer and distribution system, a control system to regulate the engine and energy distribution, a ultracapacitor and efficient battery storage system, a set of magnetic bearings for each rotating stage, and a cooling system for the first couple turbine stages to keep the magnets from melting.