Moog Inc. and Niron Magnetics are jointly exhibiting their rare-earth-free Iron Nitride permanent magnet technology at the AUSA 2026 Annual Meeting to promote domestically sourced defense actuators for land vehicles and missiles. This collaboration aims to reduce reliance on foreign rare earth minerals by integrating Niron's magnets into Moog's electromechanical actuators, enhancing supply chain resilience for the US Army. The partnership supports the Army's modernization goals and aligns with federal strategies to use more domestic, commercially available technologies. Niron plans to begin commercial production of these magnets within 18 months, offering a critical alternative for military and industrial applications.
Moog and Niron Magnetics' rare-earth-free motor technology is spotlighted alongside Pluang's Industrials sector data for context. For readers following Industrials, here is Pluang's market snapshot as of Oct 02, 2026 19:31 WIB: out of 93 priced US stocks, 81 rose and 12 fell. Notable movers include UAL at USD 114.40 with a 2.34% increase and a typical hold time of 46 days, DAL at USD 85.99 up 2.21% with 93% sell order activity and a 97-day hold time, and AAL at USD 13.41 rising 2.13% with a 58-day hold time.
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