Great Magtech Electric Co. Ltd.
Top 5 Supplier of Magnets, Mangetic Products and Precast Concrete Magnet.
15 employees · est. 2000 · United States
Niron Magnetics, Inc.
Clean Earth Magnet technology
137 employees · est. 2015 · Minneapolis, United States
Great Magtech Electric Co. Ltd. is the older company (2000 vs 2015); Niron Magnetics, Inc. is the larger of the two.
Side-by-Side Comparison
| Metric | Great Magtech Electric Co. Ltd. | Niron Magnetics, Inc. |
|---|---|---|
| Founded | ||
| Founded | 2000 older | 2015 |
| Headquarters | ||
| Headquarters | United States | Minneapolis, United States |
| Employees | ||
| Employees | 15 | 137 larger |
| Industry | ||
| Industry | Industrial, Manufacturing | Energy, Information Technology, Manufacturing |
| Funding Stage | ||
| Funding Stage | Not tracked yet | Unknown |
| Total Funding | ||
| Total Funding | Not tracked yet | $111.30M |
| Funding Rounds | ||
| Funding Rounds | Not tracked yet | 10 |
| Services | ||
| Services | Not tracked yet | Manufacture rare-earth-free permanent magnets, Develop Iron Nitride magnet technology, Provide magnet solutions for industrial, audio, automotive, and defense applications, Secure the domestic supply chain for magnet production, Scale magnet production to meet market demand |
| Target Customers | ||
| Target Customers | Not tracked yet | Industrial motor and generator manufacturers, Audio equipment manufacturers, Automotive industry players, Defense sector, Electronics manufacturers |
| Taxonomy | ||
| Taxonomy | Neodymium Magnets, Magnetic Separator, Magnetic Chuck, Magnet, Flexible Magnets, Permanent Magnet, Magnetic Assemblies, Strong Magnet, Metal Detection Devices, Custom Magnets, Magnetic Equipment Manufacturing, Quality Assurance Process, Magnetic Properties, TS16949 Certification, ISO9001-2000 Certification | Clean Earth Magnet Technology, Iron Nitride Technology, Rare-earth-free Magnets, Sustainable Supply Chain, Permanent Magnets, Electric Vehicle Components, Wind Turbine Components, Electronic Device Innovation, Material Scarcity Solutions, Cost-effective Magnet Solutions, Environmental Impact Reduction, University Spinout, ARPA-E Supported, NSF Supported, DOE Basic Energy Sciences |
| Website | ||
| Website | greatmagtech.com | nironmagnetics.com |
About Great Magtech Electric Co. Ltd.
Great Magtech Electric Co. Ltd. is a well-established company specializing in the production of magnets and magnetic products, including neodymium magnets, rubber magnet sheets, and tapes. The company is certified by TS16949, ISO9001-2000, CE, RoHS, and SGS, ensuring the quality and reliability of i...
About Niron Magnetics, Inc.
Niron Magnetics, Inc. is emerging as a pioneering force in the field of Clean Earth Magnet technology, addressing the critical issue of reliance on rare earth materials. With its innovative Iron Nitride technology, born from research at the University of Minnesota, the company positions itself at th...
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