Niron Magnetics Has Been Selected as a Winner of Fast Company’s 2025 World Changing Ideas Award

Niron Magnetics has been selected as a winner of Fast Company’s 2025 World Changing Ideas Award.

Fast Company recognized companies, products, concepts, policies, and designs that pursue innovation for good. As the world's only producer of high-performance, rare-earth-free Iron Nitride permanent magnets, we're addressing the need for a secure supply of permanent magnets made with domestically available materials at a time when global demand is surging.

Niron Magnetics is honored to be among the winners driving positive change across industries and communities worldwide. Congratulations to our fellow winners!

About Niron Magnetics

Niron Magnetics is scaling the world’s first advanced manufacturing process for the mass production of permanent magnets powered by its breakthrough material formulation. The company’s proprietary magnet technology based on Iron Nitride enables magnets that are inherently high magnetization, free of rare earths and other critical materials, and will drive innovation in various industries. For more information about Niron Magnetics and its technology, please visit https://www.nironmagnetics.com/