Vulcan Elements
Defense / Aerospace
· Durham, NC
Vulcan Elements — U.S. manufacturer of high-performance rare-earth (NdFeB) magnets. Founded 2023 by John Maslin (CEO) and Piotr Kulik (CTO); Durham, NC. $65M Series A (Altimeter Capital, One Investment Management, 1789 Capital); plus a $620M DoD Office of Strategic Capital loan and $50M Commerce equity (2025).
Founded
2023