Abstract: A drive for rotating equipment that does not require internal or external mechanical seals and obviates the necessity to have internal shaft and bearings, eliminating internal lubrication problems and can be used with different types of prime movers is provided. A driven rotor, connected to the prime mover, with mounted horizontal stop rings, vertical stop rings, permanent magnet for floating rotor position, and permanent rotor drive magnet is driven by a driver rotor mounted with strain gauge and permanent magnet, electromagnet for driven rotor position and drive, strain gauges signal transmission rings, and electromagnet current transmission rings. The driver rotor, by using the signal generated by the strain gauges, varies current to the electromagnets controlling magnetic field forces to float the driven rotor. When the unit is shutdown the driven rotor rests on the vertical stop rings uncoupled.