Design considerations and experimental results are presented of a compressed magnetic field pulsed energy source. A 100-mm-diameter, gun-fired projectile of approx. 2MJ kinetic energy was the input energy source. An initial magnetic field was trapped and compressed by the projectile. With a shorted load, a magajoule in a nanohenry was the design goal, i.e., 50 percent energy transformation from kinetic to magnetic. Five percent conversion was the highest recorded before gauge failure