Niron Magnetics Appoints Mike Brommer as Chief Operations Officer to Advance Manufacturing Capacity

Niron Magnetics, the leading manufacturer of rare-earth-free Iron Nitride permanent magnets, today announced the appointment of Mike Brommer as Chief Operations Officer. Brommer will lead the company’s operational strategy as it accelerates its commercial growth and commissions its first state-of-the-art permanent magnet manufacturing plant in Sartell, Minn., which broke ground in September 2025 and is expected to produce 1,500 tons of Iron Nitride magnets annually.

ExOne Global Holdings Brings Printhead Manufacturing to Detroit, Cuts Maintenance Prices for U.S. Customers

ExOne Global Holdings (“ExOne Global” or the “Company”) announced a series of customer-focused updates, including the start of U.S. manufacturing of its Spectra Mono-Z printhead in the Detroit area, the establishment of a local parts inventory in Detroit, a new transparent annual price list, a refreshed maintenance program, and free 24/7 live phone support for all S-Max customers. Together, these updates directly address the lead-time, support, and total-cost-of-ownership priorities most commonly raised by binder jet operators across U.S. industrial markets.

XGS Energy and CC Power Partner on 115 MW Next-Generation Geothermal Development Agreement

XGS Energy, Inc. (XGS) and California Community Power (CC Power) today announced the execution of a Geothermal Exploration, Offtake, and Development Engagement (GEODE) Agreement to support the development of 115 megawatts (MW) of next-generation geothermal energy in California, building on a shared commitment to clean, firm power that strengthens grid reliability and supports the state’s long-term energy goals.

6K Additive Awarded US$1.95M by Defense Logistics Agency

GelSight Mobile 4.4 builds on the platform’s evolution from a powerful measurement device into a guided, decision-ready inspection system. This release introduces enhanced offset output statistics, animated step-by-step calibration guidance for the Modulus™ sensor, customizable PDF report templates, stacked routines in Operator mode, PLY file export and more to collectively reduce training time, inspection time, and post-processing effort.

Anzu Partners Promotes Josh Stiling to Principal

Anzu Partners, an investment firm delivering capital and strategic support to breakthrough technology companies, today announced the promotion of Josh Stiling to Principal on its investment team.

XGS Energy and Baker Hughes Announce Strategic Collaboration to Advance Geothermal Development in New Mexico

XGS Energy (“XGS”), a developer of next-generation geothermal power systems, and Baker Hughes, an energy technology company, today announced a strategic collaboration and initial order for Baker Hughes engineering services to advance XGS’s planned 150-megawatt geothermal project in New Mexico. The project, once developed, will support the delivery of clean, round-the-clock power to the Public Service Company of New Mexico’s (PNM) grid in support of Meta’s data center operations in the state.

OTI Lumionics Establishes New Computational Chemistry Benchmark, Outperforming Traditional Quantum Models

OTI Lumionics, a leader in advanced quantum simulations and solutions for next-generation materials discovery, announces a significant breakthrough in computational chemistry. The company has successfully run its Iterative Qubit Coupled Cluster (iQCC) algorithm using NVIDIA accelerated computing, achieving a new benchmark for what’s possible with material design simulations. This innovation enables the simulation of complex molecular systems with higher efficiency, speed and accuracy than ever before.

Niron Magnetics Advances U.S. Permanent Magnet Manufacturing Plans

Niron Magnetics, the leading manufacturer of rare-earth-free Iron Nitride permanent magnets, today announced that it is initiating a formal site selection process for a new high-volume manufacturing (HVM) plant in the U.S. The new plant is intended to significantly expand national production capacity for the next-generation of permanent magnets that are critical across automotive, consumer electronics, industrial, and defense sectors.