USA Rare Earth and Moog Sign Memorandum of Understanding for Delivery of U.S.-Made Neo Magnets for Data Center Cooling Solutions

Core Insights - USA Rare Earth, Inc. (USAR) has signed a memorandum of understanding (MOU) with Moog Electric Motion Solutions for the delivery of neo magnets, with production set to begin in early 2026 [1] - The MOU follows the commissioning of USAR's Innovations Lab in March 2025, which allows for prototyping and qualification processes for potential customers [2] - USAR aims to support the domestic supply chain for rare earth magnets, emphasizing the importance of these materials in critical industries, particularly in the context of growing AI demands [3][4] Company Developments - USAR is constructing a 310,000 square foot rare earth sintered neo magnet manufacturing facility in Stillwater, Oklahoma [5] - The company controls mining rights to the Round Top Mountain rare earth deposit in West Texas, which contains significant heavy rare earths and other critical minerals [5] - USAR's products are essential for various industries, including defense, automotive, aviation, industrial, medical, and consumer electronics [5]