
Niron Magnetics Receives Strategic Investment from Western Digital Capital
Investment to accelerate next-generation Clean Earth Magnet™ development for use in hard disk drives for enterprise cloud storage, data centers and more
Investment to accelerate next-generation Clean Earth Magnet™ development for use in hard disk drives for enterprise cloud storage, data centers and more
Investment to accelerate next-generation Clean Earth Magnet™ development for use in hard disk drives for enterprise cloud storage, data centers and more
MINNEAPOLIS–(BUSINESS WIRE)–Niron Magnetics, the company developing the world’s first high performance permanent magnets free of rare earths, today announced it has raised $21.3M in new financing. The Volvo Cars Tech Fund and Volta Energy Technologies join existing investors Anzu Partners and the University of Minnesota. Niron will use the funding to build its pilot production facility in Minnesota and accelerate the development of its Clean Earth Magnet™ technology.
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 of Directors, along with three executive advisors to support the firm’s rapid expansion.
MINNEAPOLIS–(BUSINESS WIRE)–Niron Magnetics, the company that has developed the world’s first advanced manufacturing process for the mass production of high performance, rare-earth free permanent magnets, today announced a partnership with Marquette University and General Motors to develop
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 55 projects across the country that will support new and innovative advanced vehicle technologies. Six of these innovative projects will be led by teams in Michigan.
Funds Flow to Niron and CorePower to Commercialize Rare-Earth-Free Magnet Technologies
Source: Magnetics Business & Technology
Date: February 7, 2022
Minneapolis’ Niron Magnetics still small, but intends to be big player in greener economy
Source: StarTribune
Date: January 16, 2022
Professor Jian-Ping Wang to be inducted into the National Academy of Inventors
Source: University of Minnesota
Date: January 3, 2022
New Speaker, Headphone, and Earphone Perspectives with Voice Coil January 2022
Source: audioXpress
Date: December 29, 2021
Here are Minne Inno’s 2021 Startups to Watch
Source: Minne Inno
Date: December 9, 2021
Freedom from rare earth magnets?
Source: E-Mobility Engineering
Date: September 2021
Cleaner Battery And Electric Vehicle Tech Startups Are Getting Bigger Checks
Source: Crunch Base
Date: August 4, 2021
Source: Tech Crunch
Date: August 2, 2021
Niron Magnetics raises $21.3M in quest to commercialize rare earth free magnets
Source: Minneapolis Business Journal
Date: July 29, 2021
University of Minnesota spinout Niron Magnetics raises $21.3M to build new facility
Source: Minneapolis Star Tribune
Date: July 29, 2021
New manufacturing technology to replace rare earths in magnets
Source: Automotive Industries
Date: June 2021
US government acts to reduce dependence on China for rare-earth magnets
Source: Physics Today
Date: February 1, 2021
Source: Automotive Industries
Date: November 2020
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