Vulcan Elements

Vulcan Elements manufactures rare earth magnets for EVs and defense, driving innovation, efficiency, and supply chain security.

Vulcan Elements partners with the North Carolina Collaboratory to combine UNC-Chapel Hill’s computational chemistry expertise with Vulcan’s advanced magnet manufacturing. The collaboration aims to accelerate rare earth magnet innovation for national security and economic growth.

Oct 2026Vulcan ElementsNews article

Vulcan Elements’ Chief Technology Officer secures a competitively awarded ARPA-E contract to advance next-generation magnet technology. The multi-year agreement enables the company to commercialize innovations that push magnetic performance boundaries. This funding supports Vulcan’s efforts to develop high-performance magnets for advanced applications.

Oct 2026Vulcan ElementsNews article

Vulcan Elements wins U.S. Army contract to provide high-performance **Neodymium Iron Boron (NdFeB) magnets** for the **Skyfoundry drone program**, supporting development of **Small Unmanned Aircraft Systems (sUAS)**. The selection follows a competitive procurement process, positioning Vulcan as a key supplier for defense-grade magnet technology. The magnets enable critical performance enhancements in drone propulsion and guidance systems.

Sep 2026Vulcan ElementsNews article

Vulcan Elements partners with Ucore Rare Metals to develop a domestic rare earth magnet supply chain for U.S. defense and commercial use. The collaboration aims to establish a commercial supply agreement where Ucore provides Vulcan with neodymium-praseodymium (NdPr) and dysprosium (Dy) oxides at scale starting in 2027. The initiative seeks to reduce reliance on foreign sources and strengthen American magnet production independence.

Mar 2026Vulcan ElementsNews article