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Niron Magnetics secures $17.5M ARPA-E SCALEUP grant to boost production of FeN magnets

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million grant as part of its Seeding Critical Advances for Leading Energy technologies with Untapped Potential (SCALEUP) program. Niron will use this financing to advance the commercial partnerships and pilot production of its rare earth-free Clean Earth Magnet, further demonstrating its potential to replace rare earth permanent magnets.

Grant 345
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A123 Systems 8K filing says substantial doubt about its ability to continue as a going concern; status of grants and incentives

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Although the Company’s intent is to improve its operating efficiencies and to obtain additional financing, there is no assurance that the Company will be able to obtain such financing on favorable terms, if at all, or to successfully further reduce costs in such a way that would continue to allow the Company to operate its business.

Grant 299
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Accelergy Receives Grant from Pennsylvania for Feasibility Study on Coal-Biomass-to-Liquids

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A $175,000 grant will be used for the site selection and analysis process for this facility. Following the site selection and facility design process, the Alliance will request a formal grant from the Commonwealth to construct a demonstration plant and produce its cleaner fuel on a larger scale. Earlier post.).

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Li-ion Startup Sakti3 Raises $7 Million in Series B Financing

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an Ann Arbor-based developer of next-generation lithium-ion batteries ( earlier post ), has completed a $7-million Series B round of financing. Sakti3, Inc., Sakti3 will release separate announcements related to its technology, expansion plans, and other partners in the coming months.

Financing 199
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Global Bioenergies secures a €5.7M grant to proceed with its second industrial pilot in Germany

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million) grant, should include a three-year study at the Fraunhofer Center for Chemical-Biotechnological Processes (CBP). The pre-commercial pilot is designed for an isobutene production capacity of up to 100 tons per year. million grant from the BMBF within the “BioEconomy Cluster” framework. million (US$7.7-million)

Grant 225
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Niron Magnetics raises $21.3M to commercialize rare-earth-free iron-nitride magnets

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million in new financing. Niron will begin sampling in limited quantity to selected partners, who can collaborate closely with Niron to design the magnets into suitable high-volume applications. Niron Magnetics , a company developing high-performance rare-earth-free iron-nitride (FeN) permanent magnets, has raised $21.3 Background.

Minnesota 482
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Pennsylvania DEP awards nearly $517,000 in clean diesel grants

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The Pennsylvania Department of Environmental Protection (PA DEP) awarded $516,637 in clean diesel grants to four organizations. Berks, Lehigh and Northampton counties are currently designated as non-attainment for federal particulate matter standards. Jennings Transportation Corp.: