A valve actuator for actuating a valve in an internal combustion engine is disclosed, wherein the valve actuator includes at least one electromagnet having a coil wound about a core, at least one permanent magnet disposed at least partially within the core, and an actuating member disposed adjacent to the electromagnet, wherein the actuating member is coupled to a pivot and is configured to be pivotally moved by activation of the electromagnet to effect at least one of an opening and a closing of the valve.