Niron Magnetics, the company commercializing the world’s first rare-earth-free Iron Nitride permanent magnets, today announced a conditional commitment from the Department of War’s Office of Strategic Capital (OSC) for a direct loan of up to $150 million with a 20-year term to support construction and equipment for the company’s advanced manufacturing plant in Sartell, Minnesota. The financing would accelerate domestic production of Niron’s proprietary Iron Nitride permanent magnets, which do not require rare earth materials, and would expand domestic production of advanced permanent magnets.

ai& (“ai-and”), a vertically integrated frontier AI technology company, and Voltaiq, the leading Enterprise Battery AI company, today announced plans to deploy battery energy storage systems (BESS) across ai&’s AI data centers in Japan, backed by Voltaiq’s unique AI-powered platform for tracking and ensuring battery quality and safety across the full lifecycle, spanning selection, integration, deployment, and operation.

GelSight®, a pioneer in surface analysis technology, today announced the release of GelSight Remote Assist, a new standalone application that lets additional users on the same network view the GelSight live view in real time and trigger scans remotely. Built on the GelSight API, Remote Assist connects the person at the part with the person who needs to make the decision, no matter where they sit in the facility.

XGS Energy, Inc. (XGS), a developer of next-generation geothermal power systems, today announced two new senior leaders: Al Vickers, Chief Operating Officer, and Kurt Fricker, Chief Procurement Officer. Alongside these appointments, Dr. Ghazal Izadi steps into the role of Chief Growth Officer, charged with expanding XGS’s global geothermal resource portfolio. These changes come close on the heels of the recent hiring of CFO Richard Chong, former Vice President of Finance at Calpine.

6K Additive (ASX: 6KA) a leader in production of additive manufacturing (AM) high performance metal powders, today announced it has appointed AMPERE Alloys as an official distributor for the European market. This strategic partnership will give European manufacturers direct, streamlined access to 6K Additive’s full suite of ultra-high-quality, sustainably produced metal powders, including titanium, nickel-based superalloys, and refractory metals.

Niron Magnetics, the leader in rare-earth-free Iron Nitride permanent magnets, and ASPINA, a global manufacturer of precision motors, actuators and system solutions, have entered a supply agreement to support rare-earth-free motor solutions across a range of applications, including automotive, industrial, consumer and emerging space technologies. Niron’s Iron Nitride permanent magnet technology will support ASPINA’s efforts to meet growing global demand while reducing dependence on rare earth minerals.