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Evolution Metals & Technologies Submits Response to U.S. Army Sources Sought Notice for Rare Earth Magnets Used in Small Drone Motors

Source: globenewswire.com

Infrastructure & DefenseCommodities & Raw MaterialsTransportation & Logistics
Evolution Metals & Technologies Submits Response to U.S. Army Sources Sought Notice for Rare Earth Magnets Used in Small Drone Motors

EM&T commercially produces N42SH, one of two magnet grades specified by the U.S. Army for small-drone motors. Its leadership includes President Andrew Knaggs, a former Deputy Assistant Secretary of Defense, and retired Gen. Tom Bussiere; the excerpt gives no production volumes, contracts, or financial figures.

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