YG ACOUSTICS, SCAN-SPEAK AND NIRON MAGNETICS DEBUT WORLD’S FIRST LOUDSPEAKERS POWERED BY RARE-EARTH-FREE IRON NITRIDE MAGNETS AT HIGH END VIENNA
VIENNA, AUSTRIA, June 4, 2026 – YG Acoustics, an innovator in high end loudspeaker engineering, Scan-Speak, a Danish leader in hand-built, high-performance transducers, and Niron Magnetics, the leader in rare-earth-free Iron Nitride permanent magnets, announce the debut of the world’s first loudspeakers powered by rare-earth-free Iron Nitride magnets at High End Vienna 2026, June 4–7. High End Vienna is recognized as the global leading high end audio show in Europe, bringing together leading brands and innovators to showcase the latest advancements in high-end sound technology.
The product debut features the Carmel 3 loudspeakers by YG Acoustics, equipped with proprietary drivers and utilizing magnets manufactured by Niron.
For decades, the high-end audio industry has relied on rare earth magnets, primarily sourced from China, creating supply chain vulnerabilities and limiting innovation. This collaboration marks a turning point, introducing Iron Nitride magnets that eliminate reliance on rare earth elements and enable sustainable, scalable manufacturing.
Niron Magnetics is the world’s only producer of high-performance, rare-earth-free Iron Nitride permanent magnets, serving audio along with automotive, industrial, defense, consumer electronics, and clean energy sectors. Customers include Stellantis, General Motors, Samsung, Moog, and others who require reliable, high-performance magnets for electric vehicles, robotics, aerospace, and more.
YG Acoustics, established in 2002, is recognized globally for its proprietary loudspeaker engineering and commitment to musical accuracy. Scan-Speak, founded in Denmark in 1970, is known for designing and hand-building state-of-the-art transducers for high-end audio, automotive, and professional applications.
“The Carmel 3 represents our commitment to musical truth and technical innovation. Partnering with Scan-Speak and Niron Magnetics allows us to deliver a loudspeaker that is not only sonically exceptional but also points the way to a more secure and responsible future for high-end audio,” said Matthew Webster, CEO of YG Acoustics.
“Scan-Speak has always set the benchmark for high-end transducer design. By integrating Niron’s Iron Nitride magnets, we are advancing sound quality and leading the way toward a more sustainable and resilient supply chain,” said Jann U. Evers, Director of Sales at Scan-Speak.
“This project shows what is possible when industry leaders work together toward a shared vision for innovation. Bringing Iron Nitride magnet technology into real-world audio products demonstrates both performance and the potential of materials science to solve longstanding challenges,” said Jonathan Rowntree, CEO of Niron Magnetics. “Our collaboration with Scan-Speak and YG Acoustics is just the beginning. These advancements will shape the future of magnetics across many fields.”
The demonstration at High End Vienna signals a broader shift: advanced magnetics are now ready for real-world, high-volume applications across industries.
Visit the ALTI Pavilion, Hall X5 stand X03, where Scan-Speak transducers with Iron Nitride magnets will be on display. At Hifistay and Dream Audio, Hall X5 booth U04, you will be able to hear fully functional YG Acoustics speakers featuring customer drivers and Iron Nitride magnets.
Visit the demonstration to experience the future of audio and advanced magnetics.
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 plant in Minnesota, Niron 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 YG ACOUSTICS
Founded in 2002, YG Acoustics is recognized as one of the leading manufacturers in the high-end audio industry. With our R&D center in Cambridge, UK and our main manufacturing hub in Denver, USA, YG is an international company.
YG loudspeakers bring together the very latest in science and technology. They are built from the highest performance materials, manufactured in-house to an unprecedented precision. They deliver exceptional measurements: huge frequency bandwidth, exceptional phase coherence, enormous dynamic range and vanishingly low distortion.
More importantly, they provide the clearest of windows into the performance. They communicate every nuance of emotion, every musical cue from the tiniest micro-detail through to the physical impact of the most thunderous crescendo.
ABOUT SCANS-SPEAK
Founded in Denmark in 1970, Scan‑Speak has spent more than five decades setting the benchmark for high‑end transducer performance. Every product is developed, designed, and hand‑built by our dedicated team in Herning, Denmark, where craftsmanship and innovation go hand in hand.
Our unwavering commitment to sound quality and engineering excellence has made Scan‑Speak the premier choice for state‑of‑the‑art loudspeaker drivers. Recognized worldwide as a market reference, our transducers are trusted by leading High‑End Audio brands, the Automotive Aftermarket, and passionate DIY enthusiasts.
Scan‑Speak operates as an independent company within the Eastech Group, proudly maintaining our tradition of Danish development and manufacturing.
MEDIA CONTACTS
Niron Magnetics: Colleen Robar, 313-207-5960, press@nironmagnetics.com
YG Acoustics: Matthew Webster, CEO, info@yg-acoustics.com
Scan-Speak: Jann U. Evers, Director of Sales, jue@scan-speak.dk
