Noveon Magnetics Stock

noveon.coIndustrial / ManufacturingFounded: 2014Funding to Date: $121.94MM

Noveon Magnetics (formerly Urban Mining Company), founded in 2014, is the developer of a proprietary magnet-to-magnet recycling process. Noveon’s magnets are designed to be ideal for motor and other applications where magnetic performance at elevated temperatures is important and can supply magnetic property data on request. Noveon Magnetics is headquartered in Austin, Texas.

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Management Team

Scott Dunn
Co-Founder, Chief Executive Officer & President
Viji Subramanyam Ph.D
Chief Financial Officer
Hugo Haussner
Chief Operating Officer
Miha Zakotnik Ph.D
Co-Founder & Chief Technology Officer
Catalina Tudor
Co-Founder, Chief Information Officer & Software Architect
Peter Afiuny
Co-Founder & Chief Commercial Officer
Gojmir Furlan
Chief Engineer

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News Highlights

Australian Strategic Materials to sell NdFeB alloy to Noveon
Critical metals producer Australian Strategic Materials (ASM) has signed an agreement to sell neodymium iron boron (NdFeB) alloy from its metals plant in South Korea with American rare earth magnet maker Noveon Magnetics.
Magnet manufacturer raises $75M series B
Noveon Magnetics Inc. on May 16 announced it has closed a $75 million series B funding round led by NGP Energy Capital Management LLC and Aventurine Partners.
Noveon targets rare earth magnet production with recycled inputs
According to Noveon Magnetics Inc., rare earth magnets are at the heart of electrification, and the Texas-based company’s EcoFlux magnets are poised to change the way the world is electrified.
Updated on: May 25, 2024


Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.