Designer of the world's first commercial, high-performance, rare-earth free permanent magnets

Niron's manufacturing process combines breakthroughs in nanomaterial engineering with well-understood, mature metallurgical methods to deliver high-performance magnets at less than half the cost of alternatives

Light Ray Ventures has demonstrated a profound understanding of the magnet market and the critical importance of rare earth element replacement for the electric vehicle revolution. Their insight and support are invaluable as we work towards enabling a sustainable and efficient future

Andy Blackburn

Executive VP