ePropelled, Inc. and USA Rare Earth, Inc. (USAR) have signed an agreement “to develop a strategic supply and purchase relationship providing sintered neo magnets for use in ePropelled’s state-of-the-art motors,” which are used in drones.

According to a statement from ePropelled, the New Hampshire-based company will collaborate with USA Rare Earth on the “precision processing of rare earth alloys to deliver unmatched magnetic strength and stability.” Under the agreement USAR will prototype neo magnets for use in “ePropelled’s high-performance motors, controllers, generators, and power management systems.” These systems and products, ePropelled explained, “are used in uncrewed vehicles (UAV) for air, land, and sea – from large-payload aerial drones and long-range defense applications, as well as for small surveillance and commercial drone designs.”

Commenting on the announcement, ePropelled’s Founder, Chairman and CEO Nick Grewal, said, “We’re thrilled to partner with USA Rare Earth to secure the rear earth materials essential to our uncrewed vehicle solutions. Expanding our supply chain—both in the U.S. and globally—is key to meeting the high expectations of our customers and staying ahead in this fast-moving industry.”

Source: ePropelled