Kiwi Tech Gets a Boost: ePropelled Partners with USA Rare Earth for Cutting-Edge Drone Magnets
Boosting New Zealand’s Drone Tech: A Key Partnership for ePropelled
In a significant development for New Zealand’s advanced technology sector, ePropelled, a globally recognised leader in propulsion and energy solutions, has announced a joint development agreement with USA Rare Earth. This collaboration focuses on securing a reliable supply of neo magnets – a critical component for the burgeoning drone industry.
Why Neo Magnets Matter for Drones
Drones are rapidly transforming various industries, from logistics and agriculture to surveillance and search and rescue. But to achieve optimal performance, these uncrewed aerial, land, and sea vehicles require powerful and lightweight components. Neo magnets, known for their high magnetic strength and compact size, are essential for the motors and actuators that drive these drones, enabling longer flight times, greater payload capacity, and enhanced maneuverability.
USA Rare Earth: A Reliable Source of High-Quality Magnets
USA Rare Earth’s commitment to producing high-quality, domestically sourced neo magnets makes them an ideal partner for ePropelled. The agreement ensures ePropelled has access to a steady supply of these vital components, reducing reliance on potentially volatile international supply chains. This is particularly crucial for New Zealand businesses seeking to develop and manufacture cutting-edge drone technology.
What This Means for the Future of Drone Technology
This partnership isn’t just about magnets; it’s about fostering innovation and bolstering the New Zealand tech ecosystem. By securing a reliable source of high-performance neo magnets, ePropelled can focus on refining its propulsion systems and expanding its drone technology offerings. This collaboration is expected to:
- Drive Down Costs: A stable supply chain helps control component costs, making drone technology more accessible.
- Accelerate Innovation: Reliable access to advanced materials empowers engineers to push the boundaries of drone capabilities.
- Strengthen New Zealand’s Position: This partnership contributes to New Zealand's growing reputation as a hub for advanced technology and manufacturing.
Looking Ahead
The joint development agreement between ePropelled and USA Rare Earth represents a significant step forward for the drone industry and a positive development for New Zealand's technology sector. As drone technology continues to evolve, the demand for high-performance components like neo magnets will only increase, and this partnership positions both companies for continued success.
Location: Laconia, New Hampshire
Source: ACCESS Newswire
Date: August 5, 2025
