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MegadealsSubsidy Tracker Individual Entry
Company: Niron Magnetics, Inc.
Parent Company:
Subsidy Source: federal
State in Which Facility Is Located: Minnesota
Project Description: PILOT PRODUCTION FOR COMMERCIAL SAMPLING OF RARE-EARTH-FREE IRON NITRIDE PERMANENT MAGNETS. COMMERCIALIZE RARE EARTH-FREE IRON NITRIDE PERMANENT MAGNETS, WHICH, BECAUSE INHERENTLY HIGH SATURATION MAGNETIZATION, ENABLE PERFORMANCE WITHOUT RELIANCE ON CRITICAL MINERALS. PILOT PRODUCTION FOR COMMERCIAL SAMPLING OF RARE-EARTH-FREE IRON NITRIDE PERMANENT MAGNETS
Year: 2023
Subsidy Value: $17,499,372
Program Name: Advanced Research Projects Agency - Energy
Catalog of Federal Domestic Assistance code: 81.135
Awarding Agency: Department of Energy
Type of Subsidy: federal grant
Source of Data:
(click here)
Notes: Year is first year of award performance period. Subsidy value is cumulative obligated total to date. Program name is per the Catalog of Federal Domestic Assistance code.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.