Canyon Magnet

HTS Magnet Factory

STONY BROOK, United States · Founded 2021

Employees
11–50
Founded
2021
Business Model
B2B
Last Round
GrantJan 2026
Rounds
1

Indexed holds 1 funding round and 1 investor for this company. The full record is or through the API.

About

Canyon Magnet Energy (CME) pioneers compact, high-energy-density superconducting systems — including HTS magnets and DC cables — with proprietary quench-resilient, cryogen-free architectures. The company's technology enables breakthrough applications across fusion energy, quantum computing, medical imaging (portable NMR/MRI), and radioisotope research, positioning CME as a strategic supplier to OEMs in science, medicine, and clean energy.

Summary

Canyon Magnet is an Advanced Manufacturing company based in STONY BROOK, United States, founded in 2021. Its most recent funding was a Grant round in Jan 2026. Investors include U.S. Department of Energy Loan Programs Office.

Tech & App Stack

4 technologies & apps tracked

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Funding History

GrantJan 2026

Investors

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