Niron

e-Power Technology

Ontario Emerging as Technology Center for Next-Gen e-Power 

August 6, 2024 Editorial Staff Comments Off on Ontario Emerging as Technology Center for Next-Gen e-Power 

Radiating from brainpower of the Automotive Excellence Centre at McMaster University, startup motor developer Enedym in collaboration with industrial neighbors Toyota Tsusho, a manufacturer of industrial trucks, and JFE Shohi Power Canada, a manufacturer of transformer cores and electrical steel products, are transforming their locale in Hamilton, Ontario, Canada into a center for next generation e-power technology. The place has roots. More than a hundred years ago, George Westinghouse and Nikola Tesla hung out there. […]

Materials/Manufacturing

Niron Magnetics Secures Funding from Samsung Ventures & Auto Heavyweights to Accelerate Production of Rare Earth-Free Magnets 

May 20, 2024 Editorial Staff Comments Off on Niron Magnetics Secures Funding from Samsung Ventures & Auto Heavyweights to Accelerate Production of Rare Earth-Free Magnets 

Niron Magnetics has been raking in new strategic investor funding with a $25 million round led by Samsung Ventures that included automotive top-tier suppliers Allison Transmission and Magna, and a further collaboration with General Motors. […]

e-Power Technology

Niron Magnetics Scales Up with New CEO & Key Managers 

February 27, 2023 Editorial Staff Comments Off on Niron Magnetics Scales Up with New CEO & Key Managers 

Niron Magnetics, the company pioneering the development of iron nitride magnets that are high-performance permanent magnets free of rare earths, is scaling up to evolve its company to become a significant player on the magnet market. One of its latest steps has been to appoint Jonathan Rowntree as new CEO. The leadership change and other key appointments represent a planned evolution of the company as it advances from a focus on development towards scaling, commercialization, and productization of its patented Clean Earth Magnet technology. […]