Well Told Grants

Federal grant recipients / Minnesota

Federal grants to Niron Magnetics Inc

Minneapolis, Minnesota · Small businesses · UEI MH5DWJN9K8T9

Niron Magnetics Inc in Minneapolis, Minnesota received $19.8 million in federal grants from fiscal 2021 to 2025, across 2 awards. Its largest program was Advanced Research Projects Agency - Energy, with $17.5 million. In fiscal 2025 it was awarded $2.3 million.

From USAspending.gov award records, updated November 7, 2026.

By year

Federal grants to Niron Magnetics Inc by fiscal year
Fiscal yearAwardsAmount
FY 20210$0
FY 20220$0
FY 20231$17.5 million
FY 20240$0
FY 20251$2.3 million

An award funded in several years counts in each of them, so yearly awards add up to more than the five-year total.

Programs that fund Niron Magnetics Inc

Every program, fiscal 2021 to 2025
ProgramAwardsAmount
Advanced Research Projects Agency - Energy 81.1351$17.5 million
Conservation Research and Development 81.0861$2.3 million

Awarding agencies

AgencyAwardsAmount
Department of Energy2$19.8 million

Largest awards

The 2 largest awards by money obligated in fiscal 2021 to 2025
AwardProgramFirst actionAmount
Pilot production for commercial sampling of rare-earth-free iron nitride permanent magnets. Commercialize rare earth-free iron nitride permanent magnets, which, because inherently high saturation magnetization, enable performance without reliance on critical minerals. Pilot production for commercial
ASST_NON_DEAR0001681_089 on USAspending
Advanced Research Projects Agency - EnergyFebruary 17, 2023$17.5 million
The critical materials accelerator aims to validate and prototype technologies and processes that address critical materials challenges by developing alternatives, diversifying and expanding supply, increasing manufacturing and material efficiency, and establishing a circular economy. The accelerato
ASST_NON_DEEE0011722_089 on USAspending
Conservation Research and DevelopmentSeptember 29, 2025$2.3 million

Amounts are net obligations: money committed, minus any amounts taken back. They are not payments. See how our data works.

Questions people ask

How much federal grant money does Niron Magnetics Inc get?

$19.8 million in 2 grant awards from fiscal 2021 to 2025, as obligations reported to USAspending.gov.

Which agency gives Niron Magnetics Inc the most?

The Department of Energy, with $19.8 million in 2 awards.

What is Niron Magnetics Inc's largest federal grant?

$17.5 million under Advanced Research Projects Agency - Energy, with its first action in the period on February 17, 2023. That counts only the money obligated in fiscal 2021 to 2025.

Which federal programs fund Niron Magnetics Inc?

Its largest are Advanced Research Projects Agency - Energy and Conservation Research and Development.

Other grant recipients in Minneapolis

Largest federal grant recipients in Minnesota · Federal grants in Minnesota