Allison Ventures Invests in Niron Magnetics’ Revolutionary Clean Earth Magnet Technology
Allison Ventures of Allison Transmission has made a strategic investment in Niron Magnetics, a company that has developed a pioneering technology for creating permanent magnets without the use of rare-earth materials. This breakthrough invention by Niron Magnetics, called the Clean Earth Magnet, has already gained recognition by being listed among Time’s best inventions of 2023.
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