Electron Energy Corporation

What Electron Energy Corporation does

Electron Energy Corporation (EEC), founded in 1970 in Landisville, Pennsylvania, is a privately held, vertically integrated producer of rare earth permanent magnets. The company manufactures Samarium Cobalt (SmCo), Neodymium Iron Boron (NdFeB), and Alnico magnets, plus finished assemblies including rotor, traveling wave tube, NMR/MRI, sensor, Halbach, and magnetic coupling assemblies. EEC holds the foundational US license for SmCo magnet production (Patent #3,424,573, originally licensed from the US Air Force) and has developed proprietary ultra-high temperature grades rated to 550°C for aerospace and ion propulsion applications.

The company operates from two Lancaster County facilities totaling approximately 80,000 sq ft, housing 75+ precision machines and a vertically integrated production chain from raw materials to finished magnet assemblies. In July 2024, EEC was acquired into Magnetic Holdings, LLC, the parent company of Dexter Magnetic Technologies and Magnetic Component Engineers (MCE). The company holds an unusually deep stack of regulatory certifications for its target markets: ITAR compliance, DDTC registration, DFARS 225.7018 compliance, CMMC Level 2, AS9100D, and ISO 9001:2015.

EEC sells direct to enterprise and government customers through an engineering-led field sales model with a Request-for-Quote (RFQ) process, multi-year custom contracts, and in-house Finite Element Analysis (FEA) support. Named customers include NASA (Mars rovers, Deep Space 1, Voyager 1), Lockheed Martin, Boeing, Sierra Nevada Corporation, Argonne National Laboratory, Duke University, Texas A&M, and the US Department of Defense. Three verticals dominate revenue: aerospace, defense/military, and medical, with secondary exposure to industrial, oil & gas, telecommunications, semiconductor, and nuclear research applications. In 2021, EEC extended downstream into electric machine design via the EEC Motorsolver joint venture with Motorsolver.

Name

Electron Energy Corporation

Legal name

Electron Energy Corporation

Website

https://electronenergy.com

Company type

Private

Founded year

1970

Operating status

Operating

Headcount range

101–250 employees

Short description

Electron Energy Corporation is a US-based, vertically integrated producer of rare earth permanent magnets (SmCo, NdFeB, Alnico) and precision magnet assemblies serving aerospace, defense, and medical OEMs under ITAR, DFARS, and AS9100D certifications.

Ownership category

akta.pro rank

Product category

Rare Earth Permanent Magnets

NAICS

Electrical Equipment Manufacturing (33531)

SIC

Motors & Generators (3621), Electrical Industrial Apparatus (3620)

akta.pro primary industry

Renewable Manufacturing Materials & Subcomponents (Glass, EVA/Backsheet, Composites, Magnets) (EUAMAHAL)

akta.pro secondary industry

AC Motors (Induction, Synchronous) (IMAGACAA)

Keywords

• Rare earth magnets
• Samarium cobalt magnets
• Neodymium iron boron magnets
• Magnet assemblies
• Precision machining services

Headquarters

HQ city

Landisville

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Infrastructure, Technology or R&D

Revenue model

1. Magnet Product Sales: Sale of permanent magnets including Samarium Cobalt, Neodymium Iron Boron, and Alnico magnets in various grades. Custom manufacturing to customer specifications.
2. Magnet Assembly Products: Precision magnet assemblies including rotor assemblies, traveling wave tube assemblies, sensor assemblies, NMR assemblies, and magnetic coupling assemblies.
3. EEC Motorsolver Electric Motors: Custom-designed permanent magnet motors, rotors, and stators through strategic partnership with Motorsolver for aerospace, defense, and medical markets.
4. Engineering Services: Finite Element Analysis, engineering support, prototyping, and design consultation services for custom magnet solutions.
5. Precision Machining Services: Precision machining of magnet components and specialty parts using advanced equipment including WEDM, CNC lathes, grinders, and inspection equipment.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels7 records

Core offering

Electron Energy Corporation manufactures and sells rare earth permanent magnets including Samarium Cobalt (SmCo), Neodymium Iron Boron (NdFeB), and Alnico magnets, along with precision-engineered magnet assemblies (rotor, traveling wave tube, NMR, sensor, Halbach assemblies), custom electric motors via EEC Motorsolver, and supporting engineering services such as Finite Element Analysis and quick-turn prototyping. The company is the only vertically integrated US-based producer of rare earth magnets, serving aerospace, defense, medical, industrial, oil & gas, semiconductor, and telecommunications markets.

Product overview

Electron Energy Corporation is a vertically integrated rare earth magnet solutions provider offering a comprehensive portfolio of permanent magnets (Samarium Cobalt, Neodymium Iron Boron, and Alnico), magnet assemblies, electric motors (via EEC Motorsolver), precision machining services, and engineering support. The product line ranges from standard-grade magnets to specialized offerings like ultra-high temperature SmCo magnets (up to 550°C) and temperature-compensated magnets for inertial devices. The company serves demanding applications in aerospace, defense, medical, industrial, oil & gas, telecommunications, and semiconductor sectors, combining material production, machining, assembly, and design engineering under one roof.

Differentiator

Problem solved

Functional benefit

Brands

• EEC Motorsolver: A strategic partnership combining EEC's rare earth magnet capabilities with Motorsolver's electric machine design expertise for custom electric motors, rotors, and stators.

Products and services

• Samarium Cobalt Magnets (SmCo)

Quantifiable outcome

• Quick-turn prototypes delivered in as little as 2 weeks
• +3 more outcomes

Named customers7 records

Segments8 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Seven partnerships are on record, tiered core, minor and strategic.

• MotorsolvercoreStrategic or Co-development Partner · 29 September 2021EEC partnered with Motorsolver, a leader in electric machine design, to form EEC Motorsolver. This strategic partnership combines EEC's rare earth magnet production capabilities with Motorsolver's electric motor design expertise to offer integrated permanent magnet motors, rotors, stators, and related components from a single supplier.
• Duke UniversityminorStrategic or Co-development Partner · 21 December 2017EEC collaborated with Duke University to develop a portable mass spectrometer for methane detection under the DOE APRA-E MONITOR program. EEC conducted magnetic circuit design and developed a dipole magnet assembly using Nd-Fe-B magnets and SS416 plates.
• U.S. Department of EnergystrategicStrategic or Co-development Partner · 31 October 2016EEC awarded DoE SBIR/STTR Fast Track project for Nuclear Physics Accelerator Technology, specifically Magnet Development for Future Electron-Ion Colliders (EIC).
• Dexter Magnetic TechnologiescoreStrategic or Co-development PartnerEEC joined Magnetic Holdings, LLC as the parent company of Dexter Magnetic Technologies and Magnetic Component Engineering. EEC partners with Dexter for precision magnetic assembly and manufacturing, enabling end-to-end magnetic solutions from raw material to finished product.
• Solvay and LCMstrategicTechnology or IntegrationEEC strengthened supply chain with Solvay and LCM agreement to secure Western rare earth materials for domestic Samarium Cobalt magnet manufacturing.
• Argonne National LaboratoryminorStrategic or Co-development PartnerEEC provided ultra-high temperature samarium cobalt magnets (18-T550) for Argonne National Laboratory's electromagnetic submersible flowmeter design for sodium-cooled reactor environments.
• Texas A&M UniversityminorStrategic or Co-development PartnerEEC collaborated with Texas A&M University on NASA SBIR Phase II program to design and build ultra-high temperature magnetic bearing producing 500 lbs of force at 538°C.

Scale indicators5 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Dexter Magnetic Technologies: Precision magnetic assemblies and components manufacturer now operating as a sister company of EEC under Magnetic Holdings, LLC. Directly comparable as a US-based custom magnet solutions provider serving defense, aerospace, and medical end markets.
• Magnetic Component Engineering (MCE): Magnetic components and assemblies specialist now under Magnetic Holdings, LLC alongside EEC. Comparable as a US-based custom magnetics provider targeting overlapping aerospace, defense, and industrial OEM customers.
• Permag: Distributor and solutions provider of permanent magnets and magnetic assemblies serving aerospace, defense, medical, and industrial markets; cited in the parent group's recent Solvay/LCM rare earth supply announcement. Comparable on product mix (rare earth magnets and assemblies) and customer overlap.
• VACUUMSCHMELZE (VAC): German-based specialty producer of rare earth permanent magnets, magnetic assemblies, and inductive components for aerospace, defense, and industrial markets. Highly comparable as a Western (non-Asian) specialty rare earth magnet manufacturer with defense and aerospace exposure.

Broad incumbents

• Proterial, Ltd. (formerly Hitachi Metals): Large Japanese materials conglomerate with significant rare earth permanent magnet and NEOMAX-grade NdFeB product lines. Comparable as a global incumbent in sintered rare earth magnets serving automotive, industrial, and electronics customers — far larger scale than EEC.
• Shin-Etsu Chemical: Japanese chemical and specialty materials leader and one of the world's largest producers of NdFeB rare earth permanent magnets (via its Magnet Division). Overlaps with EEC in high-end sintered rare earth magnets for motors, electronics, and automotive applications.
• TDK Corporation: Japanese electronics and magnetics conglomerate producing neodymium magnets under the NEOMAX brand as well as magnet assemblies and motors. Directly comparable in NdFeB magnet production and electric motor/rotor offerings versus EEC's EEC Motorsolver portfolio.
• JL MAG Rare-Earth Co., Ltd. One of the largest Chinese producers of sintered NdFeB permanent magnets and micro-magnets, serving automotive, wind, and consumer electronics markets. Comparable on NdFeB magnet manufacturing technology and serves as a key scale competitor in the global rare earth magnet market.
• Ningbo Yunsheng Co., Ltd. Major Chinese manufacturer of sintered NdFeB magnets, magnetic assemblies, and magnet materials. Comparable as a high-volume NdFeB rare earth magnet supplier competing globally on cost and scale.

Others

• MP Materials: US-based rare earth mining and refining company (Mountain Pass, CA) producing NdPr oxide for downstream magnet production. Comparable as a strategic US rare earth supply chain counterpart — upstream rather than magnet manufacturing — and a potential feedstock partner or competitor depending on vertical integration moves.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/520774
• Xx.com/eecmagnets

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Electron Energy Corporation