Well Told Grants

Federal grant recipients / Pennsylvania

Federal grants to Corepower Magnetics Inc

Pittsburgh, Pennsylvania · Small businesses · UEI ZG4MT7M5THD1

Corepower Magnetics Inc in Pittsburgh, Pennsylvania received $25.0 million in federal grants from fiscal 2021 to 2025, across 4 awards. Its largest program was Manufacturing and Energy Supply Chain Demonstrations and Commercial Applications, with $20.0 million. It had no new grant money in fiscal 2025.

From USAspending.gov award records, updated October 31, 2026.

By year

Federal grants to Corepower Magnetics Inc by fiscal year
Fiscal yearAwardsAmount
FY 20211$199,421
FY 20221$199,780
FY 20231$4.6 million
FY 20241$20.0 million
FY 20250$0

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 Corepower Magnetics Inc

Every program, fiscal 2021 to 2025
ProgramAwardsAmount
Manufacturing and Energy Supply Chain Demonstrations and Commercial Applications 81.2531$20.0 million
Advanced Research Projects Agency - Energy 81.1351$4.6 million
Office of Science Financial Assistance Program 81.0492$398,889

Awarding agencies

AgencyAwardsAmount
Department of Energy4$25.0 million

Largest awards

The 4 largest awards by money obligated in fiscal 2021 to 2025
AwardProgramFirst actionAmount
Bipartisan infrastructure law (BIL) - advanced metals and component manufacturing facility to boost domestic supply chain resiliency of transformers and motors for grid and electric vehicle applications. The objective of the project is to establish =10,000 tons per year of soft magnetic amorphous me
ASST_NON_DEMS0000072_089 on USAspending
Manufacturing and Energy Supply Chain Demonstrations and Commercial ApplicationsSeptember 24, 2024$20.0 million
Scaled in-line processing facility for permeability engineered nanocrystalline magnetics
ASST_NON_DEAR0001682_089 on USAspending
Advanced Research Projects Agency - EnergyMarch 3, 2023$4.6 million
High induction, power dense transformers to enable adoption of sic and gan power electronic devices
ASST_NON_DESC0022783_089 on USAspending
Office of Science Financial Assistance ProgramJuly 20, 2022$199,468
Commercialization of power dense nanocomposite based ree-free axial flux motors
ASST_NON_DESC0021843_089 on USAspending
Office of Science Financial Assistance ProgramJuly 1, 2021$199,421

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 Corepower Magnetics Inc get?

$25.0 million in 4 grant awards from fiscal 2021 to 2025, as obligations reported to USAspending.gov.

Which agency gives Corepower Magnetics Inc the most?

The Department of Energy, with $25.0 million in 4 awards.

What is Corepower Magnetics Inc's largest federal grant?

$20.0 million under Manufacturing and Energy Supply Chain Demonstrations and Commercial Applications, with its first action in the period on September 24, 2024. That counts only the money obligated in fiscal 2021 to 2025.

Which federal programs fund Corepower Magnetics Inc?

Its largest are Manufacturing and Energy Supply Chain Demonstrations and Commercial Applications, Advanced Research Projects Agency - Energy and Office of Science Financial Assistance Program.

Other grant recipients in Pittsburgh

Largest federal grant recipients in Pennsylvania · Federal grants in Pennsylvania