Insights

Expansion momentum Niron Magnetics is rapidly expanding its manufacturing footprint and headcount, signaling aggressive scaling and near-term capacity needs. This presents opportunities to engage on facilities buildouts, equipment, and process automation support as they increase production throughput.

Rare-earth free focus The company is developing rare-earth-free iron nitride magnets and motor solutions, creating a demand pipeline for alternative magnet materials, manufacturing equipment, testing services, and supply chain consulting to support diversification from rare earth dependent supply chains.

Strategic partnerships Recent collaboration with Aspina Group indicates openness to co-develop solutions for global end markets. This suggests a channel for joint offerings, integration services, and accelerated go-to-market initiatives with OEMs seeking rare-earth-free technologies.

Municipal and regional expansion Significant land acquisition and potential new facility in Sartell Minnesota show local manufacturing investments and job creation. Sales opportunities exist in plant infrastructure, utilities, facility services, and regional economic development programs.

Financial and governance readiness Recent financing and adherence to standards such as IATF 16949 and GDPR imply a maturing operational posture and willingness to adopt scalable, quality-focused supply chains. This opens doors for formal supplier qualification, audit-ready partnerships, and long-term contracting opportunities.

Niron Magnetics, Inc. Tech Stack

Niron Magnetics, Inc. uses 8 technology products and services including MATLAB, Microsoft Certifications, SAP, and more. Explore Niron Magnetics, Inc.'s tech stack below.

  • MATLAB
    Advanced Analytics And Data Science
  • Microsoft Certifications
    Corporate Learning Management Systems
  • SAP
    Customer Relationship Management
  • HubSpot
    Marketing Automation
  • NIST Special Publications
    Risk And Compliance
  • Google
    Search Engines
  • CompTIA Security+
    Security
  • HTTP/3
    Web & Portal Technology

Media & News

Niron Magnetics, Inc.'s Email Address Formats

Niron Magnetics, Inc. uses at least 1 format(s):
Niron Magnetics, Inc. Email FormatsExamplePercentage
First.Last@nironmagnetics.comJohn.Doe@nironmagnetics.com
55%
First@nironmagnetics.comJohn@nironmagnetics.com
41%
FLast@nironmagnetics.comJDoe@nironmagnetics.com
4%

Frequently Asked Questions

What is Niron Magnetics, Inc.'s official website and social media links?

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Niron Magnetics, Inc.'s official website is nironmagnetics.com and has social profiles on LinkedInCrunchbase.

How much revenue does Niron Magnetics, Inc. generate?

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As of August 2026, Niron Magnetics, Inc.'s annual revenue is estimated to be $100M - $250M.

What is Niron Magnetics, Inc.'s NAICS code?

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Niron Magnetics, Inc.'s NAICS code is 31-33 - Manufacturing.

How many employees does Niron Magnetics, Inc. have currently?

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As of August 2026, Niron Magnetics, Inc. has approximately 163 employees across 2 continents, including North AmericaAsia. Key team members include Chief Engineer - Finishing: J. C.Vp Plant Readiness And Startup: J. L.Head Of Research And Development: E. J.. Explore Niron Magnetics, Inc.'s employee directory with LeadIQ.

What industry does Niron Magnetics, Inc. belong to?

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Niron Magnetics, Inc. operates in the Manufacturing industry.

What technology does Niron Magnetics, Inc. use?

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Niron Magnetics, Inc.'s tech stack includes MATLABMicrosoft CertificationsSAPHubSpotNIST Special PublicationsGoogleCompTIA Security+HTTP/3.

What is Niron Magnetics, Inc.'s email format?

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Niron Magnetics, Inc.'s email format typically follows the pattern of First.Last@nironmagnetics.com. Find more Niron Magnetics, Inc. email formats with LeadIQ.

How much funding has Niron Magnetics, Inc. raised to date?

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As of August 2026, Niron Magnetics, Inc. has raised $322M in funding. The last funding round occurred on Oct 20, 2025 for $10M.

When was Niron Magnetics, Inc. founded?

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Niron Magnetics, Inc. was founded in 2015.
Niron Magnetics, Inc. logo

Niron Magnetics, Inc.

ManufacturingMinnesota, United States51-200 Employees

Niron Magnetics, Inc. is a manufacturing company headquartered in Minneapolis, Minnesota. It develops and produces Iron Nitride magnets, a rare-earth-free magnet technology that originated at the University of Minnesota and is manufactured in Minnesota. The technology is designed to be rare-earth-free, contributing to a more secure and sustainable supply chain for magnet-using devices. The company employs 51-200 people and has pursued expansion in Minnesota, including a $50 million investment toward a full-scale manufacturing facility in Sartell. Niron Magnetics has received industry recognition for innovation, including the mHUB Fourth Revolution Awards and the Cleantech Breakthrough Awards for Green Materials Innovation of the Year.

Section iconCompany Overview

NAICS Code
31-33 - Manufacturing
Founded
2015
Employees
51-200

Section iconFunding & Financials

  • $322M

    Niron Magnetics, Inc. has raised a total of $322M of funding over 11 rounds. Their latest funding round was raised on Oct 20, 2025 in the amount of $10Mas a grant.

  • $100M - $250M

    Niron Magnetics, Inc.'s revenue is estimated to be in the range of $100M - $250M

Section iconFunding & Financials

  • $322M

    Niron Magnetics, Inc. has raised a total of $322M of funding over 11 rounds. Their latest funding round was raised on Oct 20, 2025 in the amount of $10Mas a grant.

  • $100M - $250M

    Niron Magnetics, Inc.'s revenue is estimated to be in the range of $100M - $250M

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