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We present a new scheme to control the spin exchange interactions between two magnetic ions by manipulating the orbital degrees of freedom using a periodic drive. We discuss two different protocols for orbital Floquet engineering. In one case, we modify the properties of the ligand orbitals which mediate magnetic interactions between two transition metal ions. While in the other case, we mix the d orbitals on each magnetic ion. In contrast to previous works on Floquet engineering of magnetic properties, the present scheme makes use of the AC Stark shift of the states involved in the exchange process.

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