Niron has developed innovative advanced magnetic materials for high performance, low cost permanent magnets.
Permanent magnets play a vital, hidden role in modern technologies. Common devices that we use daily, such as computers, appliances, and automobiles are powered by permanent-magnet motors that convert electricity to motion. In the production of electricity, permanent magnets are found at the heart of generators.
Despite their ubiquity, however, magnets themselves have not kept pace with demands of higher performance, lighter weight machines. In fact, it has been more than 30 years since the last new magnetic material (NdFeB) became commercially available. As hybrid and electric vehicles fill the streets, and wind power generation continues to be one of the fastest growing means of producing electricity, the demand for increased efficiency needs to be met with innovative new magnetic materials.
Niron Magnetics is developing the world’s first advanced manufacturing process for the mass production of permanent magnets powered by our breakthrough material formulation. Niron’s proprietary Iron nitride magnets possess inherently higher magnetization and can be produced at a lower cost compared to today’s rare-earth magnets, and will enable a revolution in the design of new electric motors and generators.
Niron was founded in 2014 as a spinout of University of Minnesota and is based on technology that has received the support of ARPA-E, the National Science Foundation (NSF), and the Department of Energy Office of Basic Energy Sciences.
Iron Nitride (Fe16N2)
Clean Earth Magnet™
Niron’s Clean Earth Magnet™ technology has four major advantages against traditional magnet sources.
Niron’s new magnetic materials have distinct magnetic field strength and enhanced temperature stability compared to existing materials.
Using low-cost input materials such as iron and nitrogen with scalable manufacturing processes, we can achieve a competitive price point for mass market applications.
The use of abundant precursor materials means minimized environmental damage and an enduring source of magnets and electricity for future generations.
Supply Chain Resilience
No rare earth elements are used in Niron magnets. We are immune to geopolitical turmoil surrounding the controlled export of rare earth materials.
Niron’s Clean Earth Magnet™ technology is covered by the world’s largest iron nitride IP portfolio: 30 granted and 20 pending patents across 11 jurisdictions.
Jian-Ping Wang, PhD
Co-founder and CSO
John Larson, PhD
Frank Johnson, PhD
Board of Directors
CEO, Niron Magnetics
Former Governor of Montana
Larry Burns, Ph.D.
Former Corporate Vice President, General Motors
Jimmy Kan, Ph.D.
Principal, Anzu Partners
Managing Partner, Anzu Partners
Partner, Artiman Ventures
Jian-Ping Wang, Ph.D.
Distinguished McKnight University Professor
Niron Magnetics Expands its Board of Directors and Advisor Network Ahead of Commercialization Efforts for Rare-Earth Free Magnets
MINNEAPOLIS–(BUSINESS WIRE)–Niron Magnetics, the company manufacturing the world’s first rare-earth free, high performance magnets, today announced the appointment of two new members to its Board
Niron Magnetics Partners with General Motors and Marquette University to Develop Drivetrains for Electric Vehicles using Rare-Earth Free Materials
U.S. Department of Energy funded project aims to develop more cost effective and sustainable drivetrain for electric vehicles utilizing Niron’s Clean Earth Magnet™ technology November
DETROIT, MI – Today, in his remarks at General Motors in Detroit, U.S. Secretary of Energy Dan Brouillette announced $139 million in federal funding for
Careers at Niron Magnetics