Kiwi Tech Firm ePropelled Partners with USA Rare Earth for Cutting-Edge Drone Magnets
Auckland, New Zealand – [Current Date] – In a significant boost for New Zealand’s burgeoning drone technology sector, ePropelled, a global frontrunner in advanced propulsion and energy management, has announced a joint development agreement with USA Rare Earth. This collaboration will secure a vital supply of high-performance neo magnets, essential for the production of uncrewed aerial, land, and sea vehicles (UAVs).
The partnership marks a key milestone for both companies. ePropelled’s innovative propulsion systems demand lightweight yet incredibly powerful magnets to maximise efficiency and performance. USA Rare Earth, based in the United States, is uniquely positioned to deliver these specialised magnets, produced using a sustainable and environmentally responsible process.
“We’re thrilled to be partnering with USA Rare Earth,” said [ePropelled Spokesperson Name and Title]. “Securing a reliable supply of these high-quality neo magnets is crucial to meeting the growing demand for our advanced propulsion solutions. This collaboration allows us to focus on what we do best – developing cutting-edge technology – while ensuring our supply chain is robust and sustainable.”
USA Rare Earth’s magnets are renowned for their superior strength-to-weight ratio, a critical factor for drone applications where minimising weight is paramount to extending flight times and improving maneuverability. The agreement will see USA Rare Earth tailor its production to meet ePropelled’s specific requirements, ensuring a consistent and high-quality supply.
“This partnership exemplifies our commitment to supporting the development of advanced technologies across various sectors,” stated [USA Rare Earth Spokesperson Name and Title]. “We’re proud to work with ePropelled, a company that shares our dedication to innovation and sustainability. We believe this collaboration will accelerate the advancement of drone technology and unlock new possibilities for uncrewed vehicles.”
The joint development agreement underscores the growing importance of advanced materials like neo magnets in the drone industry. As drone applications expand from recreational use to commercial operations like delivery, surveillance, and infrastructure inspection, the demand for high-performance components will continue to rise. This partnership between ePropelled and USA Rare Earth positions both companies at the forefront of this exciting technological revolution, and is a great win for New Zealand's tech sector.
About ePropelled: ePropelled, Inc. is a global leader in advanced propulsion and energy management technologies, designing and manufacturing innovative solutions for a wide range of industries.
About USA Rare Earth: USA Rare Earth is a leading producer of rare earth materials, committed to sustainable and environmentally responsible production practices.
