Magnakom buys back used technology and refurbishes electronics for continued use, serving educational institutions, businesses, and government agencies. Through its IT asset disposition services, Magnakom manages retired equipment, including smartphones, laptops, and tablets. The Los Angeles, California, company offers cash or equipment credit for devices accepted into its buyback program.

Equipment handling at Magnakom includes documented transportation and data wiping that follows NIST 800-88 guidelines. Devices suitable for resale undergo inspection, repairs, and testing, while a grading system communicates their condition to customers. Magnakom pairs these refurbishment activities with electronics recycling as part of its equipment retirement services.

The business began in Van Nuys, California, in 2019, and now employs over 50 staff members. Its reported annual processing volume reaches 800,000 devices, with more than 500 organizations served. Magnakom holds WISE certification for wireless repair and R2 certification for responsible electronics recycling. The company also maintains membership in the CTIA leadership council.

Magnakom