Unclassified // open-source data on US defense tech // 14 NOV 2026
Advanced Materials sector
Advanced Materials company in Durham, North Carolina

Vulcan Elements

Manufactures sintered rare earth permanent magnets in the United States, with a recycling-based supply chain, for defense and commercial systems.

Stryker Dragoon at sunset, Malacky Air Base, Slovakia. Photo: U.S. Army photo by Maj. John Ambelang, Public domain (PD-USGov-Military-Army).

Latest round$65MSeries A, Aug 2025
Valuation$250MAug 2025

Funding history

DateRoundAmount
Aug 2025Series A$65M

Why it matters

$1.4B partnership with the US government and ReElement (Nov 2025), including a $620M Office of Strategic Capital loan and $50M CHIPS equity, to reach 10,000 tonnes of magnets per year.

ProgramsOffice of Strategic Capital loanCHIPS Act

Is Vulcan Elements publicly traded?

Vulcan Elements is privately held as of November 14, 2026: there is no ticker and no announced IPO. Shares are not available on public exchanges.

Information only, not investment advice.

Key figures confirmed by multiple sourcesLast verified November 14, 2026

Vulcan Elements: key questions

What does Vulcan Elements do?

Manufactures sintered rare earth permanent magnets in the United States, with a recycling-based supply chain, for defense and commercial systems.

Where is Vulcan Elements based?

Vulcan Elements is headquartered in Durham, North Carolina. It was founded in 2023.

What is Vulcan Elements' valuation?

Vulcan Elements was valued at $250M as of Aug 2025, after a $65M Series A (Aug 2025).

How much funding has Vulcan Elements raised?

Total funding is ~$75M equity, based on announced and reported rounds. Latest round: Series A, $65M, Aug 2025.

Who are Vulcan Elements' investors?

Notable investors include Altimeter Capital, One Investment Management.

Is Vulcan Elements publicly traded?

Vulcan Elements is privately held as of November 14, 2026: there is no ticker and no announced IPO. Shares are not available on public exchanges.

Can you buy Vulcan Elements stock?

Not on a public exchange: Vulcan Elements is a private company. Shares of private companies change hands only in private transactions open to accredited investors, when the company allows it. This is not investment advice.

Sources

  1. pulse2.com/vulcan-elements-and-reelement-technologies-launch-1-4-billion-u-s-partnership-t
  2. mining.com/?p=1185655
  3. inspenet.com/en/news/vulcan-secures-65-million-to-drive-rare-earth-magnets-in-the-u-s/

Figures come from company announcements, government sources and press reports. Spot an error? Send a correction. Nothing here is investment advice.