NOVEON MAGNETICS INC

San Marcos, TX · Defense · Private

NdFeB magnetic materials and systems for defense munition components

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Updated Oct 23, 2026 · urbanminingco.com

Sector: Defense
Headquarters: San Marcos, TX
Total capital: $24.8M

Federal grants: $2.7M; 3 awards · 2016–2022; Rank in peer group#30 of 34
Private capital raised: None on recordNo Form D filings on SEC EDGAR. Some raises are not filed.
Federal contracts: $22.1M; 4 awards · Defense; Rank in Defense#248 of 1442
Granted patents: 2; 1 pending · first 2024; Rank in peer group#11 of 34

Capital timeline

Latest events

May 2026Federal contractDefense · Ndfeb Magnet Block Acquisition$12.9M
Jan 2024Federal contractDefense · SBIR Phase III Award To Noveon To Establish A Plan For Supporting Manufacturing Capability And Demonstration Focused On The Development And Optimization Of Its Raw Material Delivery Systems And Postproduction. Systems$4.3M
Apr 2022Federal grantDefense · Phase II · Domestic NdFeB Rare Earth Magnet Production Qualification Plans for Defense Industrial Base: Excalibur, Peregrine, JDAM + SDB Programs$1.7M
Apr 2018Federal contractDefense · IGF::OT::IGF!8504409043!SERVICES - Basic$3M
May 2017Federal grantDefense · Phase II · Upscaling and Optimization of Magnet to Magnet Recycling$934K
May 2017Federal contractDefense · IGF::OT::IGF!8504417322!SERVICES - Manag$1.9M
Jul 2016Federal grantDefense · Phase I · Process Control of Magnet to Magnet Recycling$99K

Node area is scaled to amount. Form D reports securities sold, which can differ from an announced round; filings are numbered in the order they were made.

Standing among 34 peers

Line = median

Defense · Material

Federal grantsBelow median
Granted patents#11 · top 32%

Cumulative measures favor older companies. Rankings describe position today, not outcome. Below the median, ranks show as a band rather than a number.

Founders and team

No founders are linked to this company yet.

Founders appear once a person is matched to the company through its own patents, grants or filings. We never infer people from social profiles.

Checked: USPTO inventors; federal award principal investigators; SEC Form D related persons · Oct 23, 2026

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What it has protected

USPTO · 2 granted of 3

Dec 4, 2025PendingGrain Boundary Engineering of Sintered Magnetic Alloys And The Compositions Derived TherefromUSPTOApplication 19221897
Jul 1, 2025GrantedGrain Boundary Engineering of Sintered Magnetic Alloys And The Compositions Derived TherefromUSPTOUS 12,347,592
Mar 26, 2024GrantedGrain Boundary Engineering Of Sintered Magnetic Alloys And The Compositions Derived TherefromUSPTOUS 11,942,245

HY-TEK MANUFACTURING CO., INC.Similar federal contract value in Defense · $23.1M in contracts
ENIG ASSOCIATES, INC.Similar federal contract value in Defense · $23.1M in contracts
ORBITAL MICRO SYSTEMS, INC.Similar federal contract value in Defense · $22.1M in contracts
CELLULAR MATERIALS INTERNATIONAL, INC.Similar federal contract value in Defense · $22M in contracts
OPTIMAL SYNTHESIS INC.Similar federal contract value in Defense · $22M in contracts
ENVIROSAFE DEMIL LLCSimilar federal contract value in Defense · $21.7M in contracts

Regulatory activity · Defense

Sector-level, not company-level

11 Jun 2026Danger Zone; Waters of Carr Creek and Whitehall Bay in the Vicinity of the Naval Support Activity AnnapolisEngineers Corps
13 Mar 2026Federal Acquisition Regulation; Federal Acquisition Circular 2026-01; IntroductionNational Aeronautics and Space Administration
13 Mar 2026Federal Acquisition Regulation: Trade Agreements ThresholdsNational Aeronautics and Space Administration
13 Mar 2026Federal Acquisition Regulation; Federal Acquisition Circular 2026-01; Small Entity Compliance GuideNational Aeronautics and Space Administration
27 Aug 2025Federal Acquisition Regulation; Federal Acquisition Circular 2025-06; Small Entity Compliance GuideNational Aeronautics and Space Administration
27 Aug 2025Federal Acquisition Regulation; Federal Acquisition Circular 2025-06; IntroductionNational Aeronautics and Space Administration

Rules are matched to sector, not to company. Recent activity in a sector is context rather than a signal about this business — until rules are matched to what a company actually builds, the section is shown as context and nothing more.

Sources

Federal grants from SBIR/STTR, NIH, NSF and DoD records. Federal contracts from USAspending.gov. Private capital from SEC Form D. Patents from USPTO. Publications from OpenAlex. Regulatory activity from the Federal Register. Press matched on company name.

How to read this page

Figures show associations in public records, not causes or predictions. Nothing here is investment advice. An em-dash means no record was found under this company's name, not that none exists.

Data freshness

SEC Form D filings through Oct 23, 2026. SBIR and STTR awards through Oct 21, 2026.