Noveon

About Noveon

Noveon is a magnetics company focused on advanced magnetic materials and technologies for electrification. It develops next-generation EcoFlux magnets that reduce rare earth usage, lower energy consumption, and enable high-efficiency, low-carbon energy production. Based in the United States (San Marcos, Texas), the company emphasizes a decentralized, closed-loop supply chain and environmentally conscious manufacturing of permanent magnets for various applications. Noveon positions itself as a leader in sustainable magnetics for energy, mobility, and industrial uses.