A powered projectile having a nose portion, a body portion, a tail portion, and a central axis. In various embodiments a collar is rotatably mounted to a control support portion with a plurality of aerodynamic surfaces thereon for despinning the collar. An alternator configured as an axial flux machine with a stator arranged can be axially adjacent to one or more rotors, the stator including a plurality of windings and the one or more rotors each including a plurality of permanent magnets arranged about the face of the respective one or more rotor. In various embodiments the projectile includes an assembly of projectile control circuitry. In one or more embodiments, upon relative motion of the rotor with respect to the stator, magnetic flux from the magnets interacts with the windings of the stator and passes through an air gap between the one or more rotors and stator.