South 8 Technologies, a San Diego-based innovator redefining lithium-ion battery performance with its patented LiGas® technology, today announced it has signed a Letter of Intent (LOI) with CTNS, a pioneering battery solutions provider from South Korea with North American operations in Redmond, Washington. The LOI establishes a framework for strategic collaboration between the companies and identifies initial joint customers.

Anzu Partners, a U.S.-based industrial technology investment firm, today announces that ExOne Global Holdings has combined ExOne and voxeljet, two leaders in industrial additive manufacturing, under a unified holding structure. Going forward, the two businesses will integrate their operations to provide customers with a broader product line, deeper aftermarket support, and global printing services. ExOne Global Holdings will maintain the operating subsidiaries in Germany, the United States, Japan, China, and India that comprise the combined organization. These subsidiaries will continue and strengthen localized, regional support in all facets of the business.

Niron Magnetics today was awarded a $10,000,000 grant from the Minnesota Forward Fund to support the construction of its groundbreaking manufacturing facility in Sartell, Minnesota. The award will help advance the development of Plant 1, a 190,000-square-foot facility that will serve as the world’s first full-scale production site for Iron Nitride-based rare-earth-free permanent magnets.

Niron Magnetics today announced a project in collaboration with Stellantis to develop a new generation of electric motor designs for automotive use using magnets free of rare-earth elements. Niron’s breakthrough Iron Nitride magnet technology offers a promising alternative to traditional rare-earth-based magnets, helping to reduce dependence on foreign-dominated supply chains.

Azumo, Inc., a pioneer in ultra-low-power reflective display technology, today announced its selection as one of eight companies chosen to advance in the Amazon Devices Climate Tech Accelerator — a 16-week program designed to accelerate technologies that lower the carbon footprint of millions of Amazon devices worldwide.

Niron Magnetics, the company pioneering the world’s first high-performance, rare-earth-free permanent magnets made from Iron Nitride, and the Greater St. Cloud Development Corporation (GSDC), today announced a partnership to highlight the project’s regional economic impact and the collaborative efforts that made it possible. This follows the recent groundbreaking of Niron Magnetics’ new 190,000-square-foot permanent magnet manufacturing facility in Sartell.