Recently, there have been significant advances in using magnetostrictive particles in a polymer matrix; finding uses in many applications, both as an active transducer and a passive damper. Termed magnetostrictive particulate composites (MPC), the material provides capabilities identical or superior to the monolithic material. Fortis Technologies has been pursuing improvements in the application and fabrication of this innovative material. The MPC technology provides a passive, broadband, large temperature range, high stiffness, dampling material to be used where current technologies fall short. Damping applications of this technology include sporting goods, power/hand tools, space launch and satellite design, noise abatement and vibration isolation. Energy absorption of the composites has been measured and is approaching that of the monolithic material. The material can also be actively controlled by a magnetic field, producing a transducer that can be used for sonar applications. The advantage of this technology over those currently in use is the large power density at relatively low frequencies and the ease of fabrication, allowing less expensive and more effective conformal arrays. Effective strain output and piezomagnetic coefficients have been measured, as have its dynamic properties. The results show significant improvement of the strain output and piezomagnetic coefficients, approaching the monolithic material.