Niron Magnetics Receives the Innovation Research Interchange Innovation Excellence Award in Scientific Advancement

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MINNEAPOLIS, April 10, 2025 – Niron Magnetics received the Innovation Research Interchange (IRI) Innovation Excellence Award in Scientific Advancement.

This award recognizes teams making bold scientific contributions that push the boundaries of knowledge and innovation through collaboration. We’re incredibly proud that our work on high-performance, rare-earth-free Iron Nitride permanent magnets has been recognized by IRI and the broader innovation community.

A huge shoutout to our amazing Niron team, and a special thank you to our CTO, Frank Johnson, for representing us at the IRI and National Association of Manufacturers - NAM Innovation Celebration!

Congratulations to all our fellow winners!
Thank you to the entire Niron team for making these achievements possible!

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/