Niron Magnetics is a company that specializes in the development of a revolutionary magnet technology called 'Clean Earth Magnet'. This technology is designed to be an environmentally friendly alternative to traditional rare earth magnets, which are critical components in various applications including electric vehicles, wind turbines, and consumer electronics. The company's innovation aims to reduce the environmental impact and supply chain risks associated with rare earth element mining.

Niron Magnetics

Niron Magnetics is developing the world’s first advanced manufacturing process for the mass production of permanent magnets powered by its breakthrough material formulation. Niron’s proprietary Clean Earth Magnet™ technology based on Iron nitride enables magnets that 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. 

US Department of Energy

Artiman Ventures

University of Minnesota

Anzu Partners

Western Digital Capital

Volta Energy Technologies

Volvo Cars Tech Fund

Shakopee Mdewakanton Sioux Community

General Motors Ventures

Stellantis Ventures

Niron Magnetics, Inc.

COM:NIRONMAGNETICS

Niron Magnetics