Noveon Magnetics Inc.

San Marcos, TX Noveon Magnetics Inc.

UEI
H14YHTRFDFP7
CAGE
7K5U7
Primary NAICS
332117 Powder Metallurgy Part Manufacturing
SAM.gov registration
Active through

Company facts

Self-certified in SAM.gov
  • For Profit Organization
  • Manufacturer of Goods
Entity structure
Corporate Entity (Not Tax Exempt)
NAICS codes registered in SAM.gov
SAM.gov registration date
Physical address
1550 Clovis R Barker Rd, San Marcos, TX 78666, USA
Website
noveon.co
Founded
2014
Employees
51-250
Estimated annual revenue
$10M-$50M
Industry
  1. Consumer Discretionary
  2. Automobiles & Components
  3. Automotive
SIC code
37 Transportation Equipment
Profiles

Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .

Recent federal awards

Noveon Magnetics Inc.'s 5 most recent federal contract and grant awards, newest first. Amounts are dollars obligated.
Award Agency Obligated Awarded
Ndfeb magnet block acquisition Contract · SP800026F0026 Strategic Materials $12,894,620
Sbir phase III award to noveon to establish a plan for supporting manufacturing capability and demonstration focused… Contract · SP470124C0017 Troop Support $4,350,000
SP4701-22-c-0034 sbir II award urban mining Contract · SP470122C0034 Troop Support $1,671,510
Defense production act (DPA) title III, ndfeb sintered materials and/or ndfeb permanent magnets supply chain study and… Grant · FA86502025503 Air Force Research Laboratory $1,665,072
Covid-19 DPA3 production of ndfeb rare-earth magnets Grant · FA86502025536 Air Force $38,804,809

About Noveon Magnetics Inc.

Noveon Magnetics Inc. is a U.S.-based manufacturer specializing in neodymium-iron-boron (NdFeB) sintered materials and permanent magnets. Registered with the federal government since 2016, Noveon Magnetics has established itself as a key player in the defense and technology sectors, providing critical materials and expertise through both federal contracts and grants. The company's focus on rare earth magnets and related technologies positions it as an important contributor to the U.S. supply chain for these strategic materials. Noveon Magnetics has demonstrated its capabilities through various Small Business Innovation Research (SBIR) projects and Defense Production Act initiatives, indicating its role in advancing domestic production capabilities for essential magnetic materials.

Through federal contracts, Noveon Magnetics has engaged in significant projects related to manufacturing capability development and urban mining. In January 2024, the company was awarded a $4,350,000 firm fixed price definitive contract by the Defense Logistics Agency Troop Support under the SBIR Phase III program. This contract focuses on establishing a plan for supporting manufacturing capability and demonstration, specifically targeting the development and optimization of Noveon's raw material delivery systems and post-production systems. This award builds upon previous SBIR Phase II work and other federal grants related to the NdFeB supply chain. Earlier, in April 2022, Noveon received a $1,671,510 contract for an SBIR Phase II project related to urban mining, further demonstrating the company's involvement in innovative approaches to rare earth magnet production and resource recovery. Both contracts were set aside for small businesses, highlighting Noveon's status as a small business entity contributing to critical defense and technological needs.

Noveon Magnetics has also been active in federal grant programs, particularly those related to strengthening the domestic supply chain for rare earth magnets. In September 2020, the company was awarded a cooperative agreement under the Defense Production Act Title III program, focused on studying the NdFeB sintered materials and permanent magnets supply chain and conducting an inventory demonstration. This grant, administered by the Washington Headquarters Service, extends through October 2023. Additionally, in July 2020, Noveon received another cooperative agreement from the Air Force Research Laboratory, specifically aimed at the production of NdFeB rare-earth magnets in response to COVID-19 under the Defense Production Act. This grant, running until April 2025, underscores Noveon's role in addressing both national security and public health challenges through its expertise in rare earth magnet production. These grants demonstrate Noveon's critical position in efforts to bolster U.S. capabilities in strategic materials manufacturing.

Quick answers

What is Noveon Magnetics Inc.'s UEI?

Noveon Magnetics Inc.'s Unique Entity ID (UEI) in SAM.gov is H14YHTRFDFP7.

What is Noveon Magnetics Inc.'s CAGE code?

Noveon Magnetics Inc.'s CAGE code is 7K5U7.

What is Noveon Magnetics Inc.'s primary NAICS code?

Noveon Magnetics Inc.'s primary NAICS code is 332117 (Powder Metallurgy Part Manufacturing).

Where is Noveon Magnetics Inc. located?

Noveon Magnetics Inc.'s physical address in SAM.gov is 1550 Clovis R Barker Rd, San Marcos, TX 78666, USA.

Is Noveon Magnetics Inc. registered in SAM.gov?

Yes. Noveon Magnetics Inc.'s SAM.gov registration is active through March 26, 2027.

What is Noveon Magnetics Inc.'s most recent federal award?

Noveon Magnetics Inc.'s most recent federal contract award is Ndfeb magnet block acquisition (SP800026F0026), from Strategic Materials, on May 26, 2026.

On GovTribe

See Noveon Magnetics Inc.'s full federal record

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