Corepower Magnetics Inc.
Pittsburgh, PA
Company facts
- Self-certified in SAM.gov
- Entity structure
- Corporate Entity (Not Tax Exempt)
- Other NAICS codes in SAM.gov
- SAM.gov registration date
- Physical address
- 1435 Bedford Ave, Pittsburgh, PA 15219, USA
- Website
- corepowermagnetics.com
- Founded
- 2020
- Employees
- 1-10
- Estimated annual revenue
- $0-$1M
- Industry
-
- Industrials
- Capital Goods
- Electrical Equipment
- SIC code
- 36 Electronic & Other Electric Equipment
- Profiles
Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .
Contract obligations by fiscal year
| Fiscal year | Obligated |
|---|---|
| FY2027 To date | $0 |
| FY2026 | $0 |
| FY2025 | $0 |
| FY2024 | $0 |
| FY2023 | $344,155 |
Contract awards
Grant awards
Grant subawards
| Prime recipient | Prime award | Amount | Awarded |
|---|---|---|---|
| University Of Pittsburgh - Of The Commonwealth System Of Higher Education | 80NSSC22K0415 | $62,481 |
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About the company
Corepower Magnetics Inc. is a for-profit manufacturer of goods specializing in advanced magnetic solutions for electric vehicles and power grid applications, with a focus on developing innovative soft magnetic nanocomposite materials. Based in Pittsburgh, Pennsylvania, the company is registered in SAM.gov and has demonstrated expertise in developing high-performance magnetic technologies that aim to reduce reliance on rare earth elements. The company provides research and development services to federal agencies, concentrating on creating advanced magnetic materials and components for energy conversion and electrification technologies.
Through federal contract awards, Corepower Magnetics Inc. has primarily worked with the Defense Advanced Research Projects Agency (DARPA) and the Air Force Research Laboratory (AFRL) on Small Business Technology Transfer (STTR) and Small Business Innovation Research (SBIR) programs. Their contract work has focused on developing power dense, high-temperature stable inductors using permeability engineered metal amorphous nanocomposite alloys. The contracts, which were set aside for small businesses, have ranged from $49,721 to $1.5 million and involve research into transformative design and advanced magnetic solutions for electric vehicles and grid applications. These contracts consistently emphasize innovative approaches to improving electric motor and transformer technologies through advanced material engineering.
On the grant side, Corepower Magnetics Inc. has received substantial funding from the Department of Energy through multiple programs, including the Manufacturing and Energy Supply Chain Demonstrations program, Advanced Research Projects Agency - Energy (ARPA-E), and the Office of Science. Their grant work has concentrated on establishing domestic manufacturing capabilities for soft magnetic amorphous metals, developing scaled inline processing facilities for nanocrystalline magnetics, and commercializing power dense, rare earth-free motor technologies. Notable grant awards include a $19.9 million cooperative agreement to establish a 10,000-ton-per-year soft magnetic amorphous metal production facility and a $4.6 million award to develop a scaled inline processing facility for permeability engineered nanocrystalline magnetics. They have also engaged in sub-grant work with the University of Pittsburgh, further extending their research partnerships in advanced magnetic material development.
SBA capabilities narrative
Delivering state-of-the-art, efficient and power-dense soft magnetics through advanced materials and manufacturing
Quick answers
Is Corepower Magnetics Inc. registered in SAM.gov?
Yes. Corepower Magnetics Inc.'s SAM.gov registration is active through September 23, 2027.
What is Corepower Magnetics Inc.'s CAGE code?
Corepower Magnetics Inc.'s CAGE code is 8PZ21, and its Unique Entity ID (UEI) is ZG4MT7M5THD1.
How much has Corepower Magnetics Inc. received in federal contracts?
Federal contracts obligated $344,155 to Corepower Magnetics Inc. in fiscal years 2023 through 2027.
What is Corepower Magnetics Inc.'s most recent federal award?
Corepower Magnetics Inc.'s most recent federal grant award is Bipartisan infrastructure law (BIL) - advanced metals and component manufacturing facility to boost domestic supply… (DEMS0000072), from National Energy Technology Lab, on March 15, 2025.
On GovTribe
See Corepower Magnetics Inc.'s full federal record
- Federal contract awards
- Federal grant awards
- Funding analysis by agency, NAICS and set-aside
- Similar vendors