USA Rare Earth Announces Joint Development Agreement with ePropelled for Supply of Neo Magnets for Drone Technology

STILLWATER, Okla., Aug. 05, 2025 (GLOBE NEWSWIRE) -- USA Rare Earth, Inc. (Nasdaq: USAR) (USAR or the Company), today announced that it has signed a joint development agreement (JDA) with ePropelled, Inc. to develop a strategic supply and purchase relationship of the Company’s sintered neo magnets for use in ePropelled’s state-of-the-art motors, which are used in a multitude of uncrewed air, land, and sea vehicles (commonly referred to as drones).

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