One of the goals of modern internal combustion engines is the NOx-soot trade-off, and this would be better achieved by a better control of the fuel injection. Moreover, this feature can be also useful for high-performance hydraulic systems. Actual fuel injection technology either allows only the control of the injection time or it is based on very complex mechanical-hydraulic systems, as in the case of piezo-actuators. This work describes the basic steps that brought the authors to the realization of a concept fuel injector based on a Terfenol-D magnetostrictive actuator that could overcome the previous issues, being both simple and controllable. The study provides the design, development, and a feasibility analysis of a magnetostrictive actuator for fuel injection, by providing a basic magneto-static analysis of the actuator, the adaptation of a suitable standard fuel injector, and its experimental testing in a lab environment, with different shapes and amplitude of the reference signal to follow.