Clean earth magnet- worlds first high-performance, rare-earth free permanent magnet
Ended Purchase Order Awarded
- Contract number
- FA864924P0686
- Awardee
-
Niron Magnetics Inc. UEI MH5DWJN9K8T9
- Awarding agency
-
Air Force Research Laboratory
Air Force Materiel Command, Department of Defense
- Obligated
- $64,065
Award facts
- Contract value 100% obligated
- $64,065.00 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- NAICS code
- 541715 Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology)
- Set-aside
- Total Small Business
- Competition
- Full and Open Competition after exclusion of sources Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Place of performance
- Minneapolis, MN 55413, USA
Award details come from SAM.gov/FPDS.
About this award
This federal contract award to Niron Magnetics Inc., a small business, was issued by the Air Force Research Laboratory (AFRL) for the delivery of the company's "Clean Earth Magnet" - the world's first high-performance, rare-earth free permanent magnet. The $64,065 firm-fixed-price purchase order supports AFRL's efforts to develop innovative materials. Niron Magnetics has also secured other recent federal contract awards and grants to advance its rare-earth-free iron nitride permanent magnet technology, including a $17.5 million cooperative agreement from the Department of Energy's Advanced Research Projects Agency-Energy (ARPA-E) and subgrant work with Marquette University. These awards demonstrate Niron's capabilities in delivering specialized magnetic materials and advanced manufacturing solutions to support defense logistics and research programs.
Quick answers
Who was awarded contract FA864924P0686?
FA864924P0686 was awarded to Niron Magnetics Inc. by Air Force Research Laboratory (Air Force Materiel Command) on May 21, 2024.
How much is contract FA864924P0686 worth?
The government has obligated $64,065 on FA864924P0686.
Was contract FA864924P0686 competed?
The extent of competition for FA864924P0686 was full and open competition after exclusion of sources. It was set aside: Total Small Business.
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