Be the domestic source for sintered rare earth magnets, ending U.S. reliance on offshore supply and reducing geopolitical risk in the supply chain.
Operating in San Marcos. Expanding toward 2,000+ tons/year; Series C (Jan 2026) funds growth.
Updated Jan 2026Checked 11 Oct0 updates this week
Proprietary sintering consolidates rare earth powders into magnets using <10% of traditional energy, reducing costs and carbon.
Scrap and processing waste are reprocessed into new magnets, extending rare earth supply and reducing virgin ore need.
Sole U.S. maker serves customers seeking supply security and reduces export-control and geopolitical risk.
| Spec | San Marcos Sintered NdFeB Magnets |
|---|---|
| Target annual capacity | 2,000+ tons per yearR (reported) |
| Process energy reduction vs. traditional | 90% less energyR (reported) |
| Series C funding (Jan 2026) | $215MR (reported) |
R reported by the company
Noveon Magnetics
Rare earth magnets, EcoFlux, sintered NdFeB
Noveon manufactures sintered rare earth magnets using proprietary EcoFlux technology at San Marcos, Texas. The company is the only operational U.S. maker of sintered NdFeB magnets, serving electric vehicle, wind, defense, robotics and advanced manufacturing with closed-loop recycling.
