Niron Magnetics Stock
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Niron Magnetics is a developer of advanced magnetic materials designed for the production of permanent magnets. The company's cutting-edge materials are created from iron nitride, which boasts an inherently massive magnetization and a larger magnetic flux density compared to traditional ferrite and NdFeB-based magnets. This offers automobile and computer manufacturers the advantage of reducing the size and weight of motors without sacrificing power or torque.
Investors Include:
Stellantis Ventures, Doorga Capital, Pier 12 Capital, Erik Torgerson, Regents of the University of Minnesota, Verdant Ventures (Seattle), Anzu Partners, Nosterra, Jared O'Connell, John Lilly Strategic Insights.