NOVEON MAGNETICS INC — Federal Contracts, Awards & Government Contractor Profile

About NOVEON MAGNETICS INC

Noveon Magnetics is a U.S.-based company developing next-generation EcoFlux magnets that offer high performance with reduced rare earth materials and environmental impact. The company focuses on sustainable magnet production and aims to address supply chain and environmental challenges in the rare earth magnet industry.

Development of high-performance EcoFlux magnetsSustainable magnet production with reduced rare earth materialsAdvanced manufacturing processes with closed-loop recyclingProduction of magnets suitable for high-temperature and harsh environmentsDomestic manufacturing of rare earth magnets in the U.S.

Recent Federal Awards

Award	Agency	Amount	Date
SP4701-22-C-0034 SBIR II AWARD URBAN MINING	Department of Defense	$1.7M
SBIR PHASE III AWARD TO NOVEON TO ESTABLISH A PLAN FOR SUPPORTING MANUFACTURING CAPABILITY AND DEMONSTRATION F	Department of Defense	$4.3M

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Data compiled from public government sources including SAM.gov, USAspending.gov, and state procurement records. Last verified against federal award records. Inaccurate, or want this page removed? Request a correction or removal.