The permanent magnet solenoids (also known as magnetic latching or self holding solenoids) is a product line of linear open frame solenoids that utilize the advantages of a high performance permanent magnet. The principle of operation is similar to all linear solenoids. When the coil is energized, the plunger moves toward the pole piece.
The advantage of the latch solenoid is that once energized, plunger movement has occurred, the plunger will still remain in the energized position even you cut off electrical power input to save the power.
Besides, applying high voltage instantly to get large energy output from solenoid then utilize permanent magnet to hold for long time to avoid coil thermal damage.