U.S. Army Competitively Selects Vulcan Elements to Supply High-Performance Rare Earth Magnets for SkyFoundry Drone Initiative

DURHAM, N.C., September 23, 2026 – Vulcan Elements, an American rare earth magnet manufacturer, today announced its competitive selection by the U.S. Army to supply high-performance Neodymium Iron Boron magnets for the Army’s SkyFoundry drone initiative. SkyFoundry is the Army’s vertically-integrated effort to produce small drones that aims to produce one million drones per year in […]