The Company reaffirmed its fiscal 2027 revenue guidance of $400 million–$460 million, 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, and confirmed it will respond to the U.S. Army’s sources sought notice for rare earth magnets.
The first 13 of 57 containers of ULVAC production equipment have arrived in Pohang on the path to more than 10,000 metric tons of annual capacity.
Read the full announcement: https://nasdaq.com/press-release/evolution-me...27-revenue
#EMAT #EvolutionMetals #RareEarths #RareEarthMagnets #NdFeB #SamariumCobalt #CriticalMinerals #CriticalMaterials #DefenseIndustrialBase #SupplyChain #AdvancedManufacturing https://x.com/EMATechCorp/status/2118065810371473487