Award Advances AML's Multi-Phase Partnership with the U.S. Government and Further Establishes the Co...








    




            

                Award Advances AML's Multi-Phase Partnership with the U.S. Government and Further Establishes the Company's PM-Wire™ Manufacturing Process as a Backbone of Domestic Permanent Magnet Production






    
        
            May 19, 2026 08:00 ET
        

        
             | Source:
            

                Advanced Magnet Lab
            
                

        
    

    

    

    





        
 MELBOURNE, Fla., May  19, 2026  (GLOBE NEWSWIRE) -- Advanced Magnet Lab, Inc. ("AML"), a recognized global leader in the development of innovative permanent magnet solutions, today announced that it has been awarded a $2 million Defense Logistics Agency (DLA) contract for the qualification of domestic high-grade sintered NdFeB PM-Wire™ magnets for defense. The award further positions AML to develop innovative manufacturing solutions for domestic production and qualification of sintered permanent magnets for both defense and commercial industries—with plans underway to rapidly scale manufacturing across end-use applications.  This latest award follows the company’s longstanding work with U.S. government agencies, spanning the Department of War and Department of Energy for permanent magnet-based solutions and manufacturing.  This award is facilitated by a two-year contract with the Defense Logistics Agency (DLA). The work performed under this award includes supply chain management, alloying, and permanent magnet manufacturing, including alloy composition optimization for NdFeB magnet grades such as N48SH and N35EH by implementing advanced manufacturing techniques.  “We are at a true turning point for the U.S. rare earth magnet industry, and AML is immensely proud to be partnering with the U.S. government, the defense industry, and supply chain partners to meet the problem head-on—and deliver,” said Wade Senti, President of AML. “We are eager and ready to provide the consistency, traceability, and speed that defense customers require, during a moment as high-stakes as ever,” added Senti.  AML’s novel manufacturing process, PM-Wire™, simplifies the production of permanent magnets, while expanding the possibilities for magnet design, materials, and performance characteristics. Continuous and automated by design, the process is built for rapid industrialization within an existing magnet making framework.  This process is adaptable to a variety of applications, including those that benefit from magnets in unique configurations and material compositions, such as electric motors.  In addition to sintered NdFeB permanent magnets—and as part of AML’s commercialization roadmap—the company is developing permanent magnets with a number of other magnet materials and magnet alloys. This includes Samarium Iron Nitride (SmFeN), Manganese Bismuth (MnBi), anisotropic NdFeB (bonded materials), and (Mischmetal-Nd) FeB. In particular, AML's approach with (Mischmetal-Nd) FeB allows for permanent magnets with less critical rare earth elements and clear traceability of inputs for end-use customers.  Some examples of AML’s magnet products developed from this innovation include:  PM-Uniform™ – straight, curved, ring or helical magnets with transverse or radial magnetization.PM-360™ – straight, ring or helical magnets with "Continuously Changing Magnetization Direction."PM-Axial™ – curved magnets with Axial magnetization allow for rotor topologies having breakthrough benefits.  To support the domestic feedstock pathway called for under the award—and in addition to AML’s other existing supply chain contributors—AML is collaborating with a group of leading U.S. and European rare earth suppliers and innovators. These strategic partners will provide the critical inputs, including rare earth oxides and metals, required for magnet production.  Phoenix Tailings, a leading U.S.-based rare earth metals producer building a stable, rare earth supply chain from tailings to metal, will serve as a strategic supplier of NdPr and Dy metals in the program. Ionic Rare Earths Limited, a miner, refiner and recycler of sustainable and traceable magnet and heavy rare earths, rapidly expanding their magnet recycling footprint across Europe and the US, will likewise serve as a strategic supplier of NdPr and Dy oxides. Momentum, a Dallas, TX-based critical minerals processing company with its proprietary MSX refining platform, will likely serve as a supplier of NdPr oxides.  AML is a privately held company funded through strategic government engagements as well as private capital.  Throughout the Spring, AML’s leaders have been active in contributing to media conversations and providing industry thought leadership. Specifically, AML was recently profiled in a Mining.com feature story—Reimagining magnet materials: How AML is challenging the rare earth status quo—and subsequently, Wade Senti penned a comprehensive, state-of-the-industry op-ed, also in Mining.com: Permanent magnets are the spear in the critical minerals supply chain.  Wade was also joined by AML’s Chief Technology Officer, Philippe Masson, for an in-person appearance on the Munro Live podcast—the media division of the Munro Associates, a leading consultancy for U.S. automakers in Detroit: How AML Is Reinventing Permanent Magnet Motors | Munro Live Podcast. Led by U.S. automotive pioneer Sandy Munro, Munro Live at the forefront of U.S. automotive media conversation. Munro Live’s interviews with Tesla’s Elon Musk, Ford’s Jim Farley, and Rivian’s RJ Scaringe are available here.  For more information on AML’s innovative permanent magnet solutions, visit their website.    Media Contact:Ari Neugeborenaneugeboren@signaldc.com | 240-383-6015  
            

Advanced Magnet Lab (AML) Awarded $2 Million Defense Logistics Agency (DLA) Contract to Qualify Innovative, 100% U.S.-Made High-Grade Sintered NdFeB Permanent Magnets for Defense

DLA Awards $2M Contract to AML for Permanent Magnet Solutions

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>Award Advances AML&#039;s Multi-Phase Partnership with the U.S. Government and Further Establishes the Co...</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Advanced Magnet Lab (AML) has secured a $2 million contract with the Defense Logistics Agency (DLA) to develop domestic high-grade permanent magnets for defense applications. This contract enhances AML&#039;s position in the critical rare earth magnet industry and could open up new revenue avenues as demand for domestic production grows.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>AML secures a $2M DLA contract for high-grade magnets.</li><li>Contract supports U.S. domestic magnet production for defense applications.</li><li>Partnerships with suppliers enhance rare earth material sourcing.</li><li>PM-Wire™ process aims to boost manufacturing efficiency.</li><li>Positioning aligns with growing demand for domestic magnet solutions.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Advanced Magnet Lab (N/A)</strong>: Secured DLA contract bolstering its defense sector capabilities.</li><li><strong>Phoenix Tailings (N/A)</strong>: Strategic partner providing critical rare earth metals for magnet production.</li><li><strong>Ionic Rare Earths Limited (N/A)</strong>: Partner in sourcing sustainable rare earths for AML&#039;s manufacturing processes.</li><li><strong>Momentum (N/A)</strong>: Expected supplier of NdPr oxides, enhancing AML&#039;s supply chain.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This news falls under Corporate Developments as it marks a significant contract win for AML, reflecting broader supply chain advancements within the defense sector. As the U.S. government increases its focus on domestic manufacturing, AML is well-positioned to capitalize on this trend.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>DLA contract increase signals a growing reliance on domestic magnet production.</li><li>Strategic partnerships ensure steady supply chain for critical rare earth materials.</li><li>Increasing defense budgets may drive further demand for AML&#039;s products.</li><li>Innovations in manufacturing could improve cost efficiency and scale production.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>AML awarded $2 million DLA contract on May 19, 2026.</li><li>Contract duration is two years, focusing on sintered NdFeB magnets.</li><li>Strategic partnerships include Phoenix Tailings and Ionic Rare Earths Limited.</li><li>PM-Wire™ process allows rapid industrialization of magnet production.</li><li>AML is developing magnets with less critical rare earth elements.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Invest in AML for potential growth driven by increased defense contracts over the next two years.</p>
  </section>
</section>


<article>
    <h2>Advanced Magnet Lab Secures $2 Million Contract with DLA to Innovate U.S.-Made Permanent Magnets</h2>
    <p>MELBOURNE, Fla., May 19, 2026 (GLOBE NEWSWIRE) -- Advanced Magnet Lab, Inc. (AML), a leader in developing advanced permanent magnet solutions, has announced the award of a <strong>$2 million Defense Logistics Agency (DLA)</strong> contract. This significant contract is aimed at qualifying high-grade sintered NdFeB PM-Wire™ magnets for the defense sector, marking a substantial advancement in AML’s partnership with the U.S. government.</p>

    <section>
        <h3>Contract Details and Objectives</h3>
        <p>This contract is part of a two-year engagement with the DLA and is designed to enhance domestic production capabilities for sintered permanent magnets. The project encompasses essential tasks such as:</p>
        <ul>
            <li>Supply chain management</li>
            <li>Alloy composition optimization for NdFeB grades, particularly N48SH and N35EH</li>
            <li>Advanced manufacturing techniques for efficient magnet production</li>
        </ul>
        <p>These efforts are aligned with AML's mission to rapidly scale manufacturing for various end-use applications in both defense and commercial industries.</p>
    </section>

    <section>
        <h3>Strategic Importance of the Award</h3>
        <p>Wade Senti, President of AML, emphasized the significance of this award, stating, <em>“We are at a true turning point for the U.S. rare earth magnet industry... We are eager and ready to provide the consistency, traceability, and speed that defense customers require during a moment as high-stakes as ever.”</em> The contract not only reinforces AML’s established track record with agencies like the Department of War and the Department of Energy but also supports critical manufacturing infrastructure for the U.S. defense sector.</p>
    </section>

    <section>
        <h3>Innovative Manufacturing with PM-Wire™</h3>
        <p>At the core of this initiative is AML's unique PM-Wire™ manufacturing process. This innovative procedure simplifies the production of high-performance permanent magnets, allowing for:</p>
        <ul>
            <li>Adaptability to various applications, including electric motors</li>
            <li>Possibilities for unique configurations and materials</li>
            <li>Rapid industrialization within existing magnet production frameworks</li>
        </ul>
    </section>

    <section>
        <h3>Broader Applications and Materials Development</h3>
        <p>In addition to sintered NdFeB magnets, AML is actively researching other materials as part of its commercialization strategy. Their research includes:</p>
        <ul>
            <li>Samarium Iron Nitride (SmFeN)</li>
            <li>Manganese Bismuth (MnBi)</li>
            <li>Anisotropic NdFeB</li>
            <li>(Mischmetal-Nd) FeB</li>
        </ul>
        <p>This diverse approach allows AML to create magnets using less critical rare earth elements, offering greater traceability for end-use customers.</p>
    </section>

    <section>
        <h3>Strategic Partnerships to Ensure Production</h3>
        <p>To support the domestic supply chain called for by the DLA contract, AML is collaborating with top U.S. and European rare earth suppliers. Key partners include:</p>
        <ul>
            <li><strong>Phoenix Tailings:</strong> A U.S. producer focused on sustainable rare earth supply from tailings to metal.</li>
            <li><strong>Ionic Rare Earths Limited:</strong> A miner and recycler dedicated to sustainable magnet production.</li>
            <li><strong>Momentum:</strong> A critical minerals processing firm contributing rare earth oxides for production.</li>
        </ul>
    </section>

    <section>
        <h3>Industry Recognition and Thought Leadership</h3>
        <p>Throughout Spring 2026, AML's leaders have been actively participating in discussions that shape the future of the rare earth industry. Notably, AML was featured in a Mining.com article discussing their pioneering approaches to magnet materials. President Wade Senti also contributed a thought-provoking op-ed highlighting the essential role of permanent magnets in the critical minerals supply chain.</p>
    </section>

    <footer>
        <p>For more information on AML's innovative permanent magnet solutions, visit their website or contact:</p>
        <p><strong>Ari Neugeboren</strong> | Email: aneugeboren@signaldc.com | Phone: 240-383-6015</p>
    </footer>
</article>

Advanced Magnet Lab (AML) has secured a $2 million contract with the Defense Logistics Agency (DLA) to develop domestic high-grade permanent magnets for defense applications. This contract enhances AML's position in the critical rare earth magnet industry and could open up new revenue avenues as demand for domestic production grows.

advanced-magnet-lab-aml-awarded-2-million-defense-logistics-agency-dla-contract-to-qualify-innovative-100-u-s-made-high-grade-sintered-ndfeb-permanent-magnets-for-defense

Advanced Magnet Lab (AML) Awarded $2 Million Defense Logistics Agency (DLA) Contract to Qualify Innovative, 100% U.S.-Made High-Grade Sintered NdFeB Permanent Magnets for Defense

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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