Press Releases
Niron Magnetics Receives Strategic Investment from Western Digital Capital
February 23, 2022
Investment to accelerate next-generation Clean Earth Magnet™ development for use in hard disk drives for enterprise cloud storage, data centers
Niron Magnetics Raises $21.3M to Commercialize Rare-Earth Free Magnets for a More Sustainable Electric Economy
July 29, 2021
The Volvo Cars Tech Fund and Volta Energy Technologies join existing investors Anzu Partners and the University of Minnesota.
Niron Magnetics Expands its Board of Directors and Advisor Network Ahead of Commercialization Efforts for Rare-Earth Free Magnets
March 9, 2021
MINNEAPOLIS–(BUSINESS WIRE)–Niron Magnetics, the company manufacturing the world’s first rare-earth free, high performance magnets, today announced the appointment of two
Niron Magnetics Partners with General Motors and Marquette University to Develop Drivetrains for Electric Vehicles using Rare-Earth Free Materials
October 20, 2020
MINNEAPOLIS–(BUSINESS WIRE)–Niron Magnetics, the company that has developed the world’s first advanced manufacturing process for the mass production of high
DOE Announces $139 Million in Funding for 55 Projects to Advance Innovative Vehicle Technologies
July 16, 2020
DETROIT, MI – Today, in his remarks at General Motors in Detroit, U.S. Secretary of Energy Dan Brouillette announced $139