Niron Magnetics and Moog Inc. Partner to Produce Rare-Earth-Free Actuator Designs for Defense Applications

MINNEAPOLIS, MN – 12/11/2025 – Niron Magnetics, a leading manufacturer of high-performance
rare-earth-free permanent magnets, and Moog Inc. (NYSE: MOG.A and MOG.B), a worldwide
designer, manufacturer, and systems integrator of high-performance precision motion and fluid
controls and control systems, are collaborating to bring advanced actuator solutions for guided
munitions systems to market.
Through this collaboration, Niron Magnetics and Moog are developing and testing advanced
technologies for defense systems, while reducing the use of rare earths. Moog is evaluating the
potential use of Niron Magnetics’ breakthrough Iron Nitride magnet technology in applications
that enable the transformation of electric input signals into precise mechanical motion.
“In an increasingly dynamic global landscape, reducing reliance on rare earth minerals
strengthens supply chain resilience and enhances Moog’s ability to deliver uninterrupted
support to the warfighter. By proactively addressing potential vulnerabilities, we’re not only
safeguarding operational readiness but also reinforcing our commitment to innovation and
national security,” said Jason Weiss, Land and Sea Systems Business Unit General Manager at
Moog.

Market conditions have intensified the urgency for supply chain diversification, and this
collaboration directly aligns with the U.S. Department of Defense’s newly released Acquisition
Transformation Strategy (ATS). The supply challenges addressed by the Department are
particularly acute for companies in the aerospace, defense, and critical infrastructure sectors,
where supply continuity is essential for national and economic security.
The work between Niron Magnetics and Moog addresses the Department's focus on
incentivizing solutions from a broader industrial base while strengthening supply chain resilience
through domestically produced, commercially available technologies.
“We are eager to demonstrate how Niron Magnetics’ magnet technology can expand domestic
production, shorten lead times and de-risk our operations to ensure we can continue to equip
those who defend freedom,” said Paul Stoelting, Defense Division Engineering Director at
Moog.

"Moog and Niron Magnetics both have a proven track record of innovating solutions to meet the
industry’s evolving demands,” said Jonathan Rowntree, CEO of Niron Magnetics. “We look
forward to combining our efforts to provide motion control capabilities that showcase American
ingenuity at its finest, ensuring the technologies that our defensive forces rely on to do their jobs
are as reliable, effective, and secure as possible.”
Niron Magnetics’ domestically produced, highly scalable Iron Nitride magnet technology offers
manufacturers a sustainable way to meet the demand for permanent magnets while improving
the performance of next-generation applications.

About Niron Magnetics

Niron Magnetics is the world’s only producer of high-performance, rare-earth-free permanent
magnets. The company’s Iron Nitride magnet technology delivers advanced permanent
magnets that power essential devices across industrial, automotive, consumer electronics, and
defense applications. Through its state-of-the-art manufacturing facility in Minnesota, Niron
Magnetics serves leading manufacturers who require reliable, domestically produced permanent
magnets for their products. For more information on Niron Magnetics and its technology, please
visit https://www.nironmagnetics.com/
About Moog Inc.
Moog Inc. is a worldwide designer, manufacturer, and systems integrator of high-performance
precision motion and fluid controls and control systems. Moog’s high-performance systems
control military and commercial aircraft, satellites, and space vehicles, launch vehicles, defense
systems, missiles, automated industrial machinery, marine and medical equipment. Additional
information about the company can be found at www.moog.com.