<p>A power supply device for providing uninterrupted power for a period of time is disclosed. The power supply device has a controller and a flywheel device. The flywheel device has a housing that contains a flywheel rotor and a motor/generator rotor. The flywheel rotor and the motor/generator rotor are mounted on a common shaft. An active axial magnetic bearing is located to support the shaft for frictionless rotation. The bearing provides support for the shaft, the flywheel rotor and motor/generator rotor. The axial magnetic bearing is attached to the housing and provides, in combination with the motor/generator rotor, a flux path and magnetic field to exert a magnetic force to lift the motor/generator rotor and the shaft on which it is mounted.</p>