Canyon Magnet
HTS Magnet Factory
STONY BROOK, United States · Founded 2021
- Headquarters
- STONY BROOK, New York
- Employees
- 11–50
- Founded
- 2021
- Business Model
- B2B
- Website
- canyonmagnet.energy
- Last Round
- GrantJan 2026
- Rounds
- 1
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
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Funding History
Jan 2026
Investors
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