US Army Inks Giant Rare Earth Magnet Deal for One Million Drone Push

US Army inks giant rare earth magnet deal for one million drone push

A new U.S. rare earth magnet supply deal could help the Army scale production of small drones through its SkyFoundry initiative.

Army Picks U.S. Magnet Maker to Cut China From Drone Motors

Takeaways Up Front 1. The U.S. Army selected North Carolina magnet maker Vulcan Elements to supply neodymium-iron-boron magnets for its SkyFoundry drone motors. 2. The award targets the one part domestic assembly could not fix, the magnets inside Army-built motors that stayed roughly 90% China-sourced. 3. Contracting records show a five-year, multiple-award deal shared with […]

Army Taps Vulcan Elements For Rare Earth Magnets To Support UAS Component Production

The Army has selected Vulcan Elements to supply rare earth magnets in support of its initiative to rapidly manufacture its own critical components for small drones, the company announced on […]

Army Drone Magnet Deal Raises a Bigger Question: When Can the Supply Chain Be Fully Domestic?

Vulcan Elements already makes rare earth magnets in North Carolina and is building a larger plant. Public figures do not yet show when supply could match the Army’s production goal. The U.S. Army has selected Vulcan Elements to supply rare earth magnets for its SkyFoundry drone initiative, Axios reported Wednesday. The magnets will support production […]