This document presents a summary of eddy current brakes. It begins with an introduction explaining that eddy current brakes use kinetic energy dissipation through heat to slow or stop moving objects, without friction. It then covers the principles of electromagnetic induction and Lenz's law. The document describes circular and linear eddy current brake types, and explains their working mechanism where eddy currents in a conductive material interact with a magnetic field to generate braking forces. Advantages include being non-mechanical, fully resettable and able to brake at any speed. Disadvantages are limited braking at low speeds and inability to hold stationary loads. Applications include additional safety braking for trains and vehicles.