Vulcan Elements

“We're collecting all of that data, we're building out our software team, and we're thinking about how we actually implement that into our facilities so that we can five, 10, 20 X our output with the same type of machinery in a couple of years.”

“We have a full analytics and characterization lab where within an hour of every step of the process, we're feeding that data into our own models and then training them to tell us Hey, maybe run that piece of equipment for 10 more minutes or at 10 degrees hotte…”

“If you're just copying and pasting China into the United States and trying to build a manufacturing business around that, you are doomed. You will absolutely fail because when you think about the unit economics, labor costs, Environmental regulations. Permits.…”

“Another phenomenal advisor we have is Nadia Shadlow. She's a senior fellow at the Hudson Institute. She was the deputy national security advisor for strategy under the first Trump administration.”

“Chris Miller the author of Chip Wars. He's been a phenomenal advisor for a year.”

“Some of the pieces of equipment, one of the main pieces of equipment, we were actually able to get at auction at 20 cents on the dollar, and then we refurbished it. It works perfectly. We use it every single day.”

“We actually sold it out over 12 months ago over 95% capacity, leaving a little bit for, you know, samples for customers that we really want to go and work with.”

“You know, the last five positions that we've filled, we had over 500 applications and that's with zero marketing.”

“One thing that we're really proud of here is we've won several DOD contracts over the line, over the last nine months with every branch of the military, top priority programs, making sure that the defense industrial base has the material that it needs to go an…”

“And in four months, we are already producing magnets. We are making magnets and shipping them to customers qualifying them with customers across our disk drives for data centers that enable AI, automotive applications. Drones, robotics several different defens…”

“There are no desk engineers at this company.”

“So one thing that we're doing with this fresh set of capital is we're moving to commercial scale. We're completing a multi-state site search right now. We're gonna be making that determination here over the next couple of months.”

“My co-founder, he's a PhD in electrical engineering with a focus on magnetics. He opened one of the first rare with magnetic slabs in the United States in two decades. Down at the University of Central Florida.”

“So what we had to do is we had to actually co-develop some of the first pieces of magnet making equipment in the United States in the 21st century.”

“I'm bullish. I think he's already doing it. I can think of a couple of projects, you know, personally in the rare space where we can really put our thumb on the scale and make that happen. I think it's going to take an entire government and industry coalition …”

“We were able to go from initial conversations to sign term sheets in about four weeks.”

“So we're excited to announce that we have raised a sixty-five million dollar Series A bringing us up to a total investment to date of seventy-five million dollars. This round is led by Altimeter, so Brad Gerstner and Eric Kreisman, major participation from Raj…”