Evolution Metals & Technologies Corp. (EM&T)
Recent events
Recent events tied to this brand in public sources.
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2026
Evolution Metals & Technologies reaffirms FY2026 and FY2027 revenue guidance
On October 14, 2026, Evolution Metals & Technologies Corp. (Nasdaq: EMAT), a U.S.-based critical materials and advanced manufacturing company, reaffirmed its fiscal 2026 revenue guidance of $10 million to $11 million and its fiscal 2027 revenue guidance of $400 million to $460 million.
2026
EM&T plans to begin acquiring SmCo magnet production equipment by mid-2027
On October 14, 2026, EM&T announced that it expects to begin acquiring equipment to produce samarium cobalt (SmCo) magnets, the magnet class relied upon across U.S. military systems, by mid-2027, with demand for compliant, non-China SmCo supply building as DFARS 252.225-7052 extends its restriction to SmCo magnets effective January 1, 2027.
2026
EM&T unveils eight sintered NdFeB magnet grades with seven grades customer-certified
On October 14, 2026, EM&T announced a portfolio of eight sintered neodymium-iron-boron (NdFeB) rare earth magnet grades — N42SH, N48SH, N46SH, N35SH, N45H, N42H, N48M and N50M — which the Company estimates represents approximately 75% of global sintered NdFeB magnet revenue. Seven of the eight grades have completed customer certification, led by N42SH, now in commercial production at EM&T's operations in Pohang, South Korea, while the eighth grade, N48SH, is in the final stages of customer certification.
2026
EM&T advances Pohang capacity expansion as first ULVAC equipment containers arrive
On October 14, 2026, EM&T reported that the first 13 of 57 containers of ULVAC sintered magnet production equipment have already arrived in Pohang, South Korea, with thirteen additional ULVAC machines being delivered; the expansion is expected to lift annual capacity to more than 10,000 metric tons, including approximately 6,000 metric tons of high-performance sintered magnets.
2026
EM&T confirms it will respond to U.S. Army sources sought notice for rare earth magnets
On October 14, 2026, EM&T confirmed it will respond to the sources sought notice issued by the U.S. Army Contracting Command, Aberdeen Proving Ground, Tobyhanna Division on September 28, 2026 to identify potential vendors of rare earth magnets, with responses due October 28, 2026, moving to supply the U.S. defense market.