The paper analyses a combined current model-voltage model estimator for flux linkages in permanent magnet synchronous machines, with the capability of converging to exact flux estimation even in presence of mismatches because of magnetic saturation. As a trend in next-generation electric drives, the whole algorithm, including both the flux estimator and the standard field-oriented control, has been implemented in a field-programmable gate array (FPGA) chip. Simulations and experimental tests, along with some figures for the FPGA selection, have been included in the study