SLICE Magnetics

Securing America's Future with Critical Mineral Independence

Service-Disabled Veteran-Owned Business (SDVOB) Manufacturing High-Performance Rare Earth Magnets for National Defense

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About SLICE Magnetics

SLICE Magnetics is establishing a world-class manufacturing facility in Whitehall, Lowndes County, Alabama, to produce high-performance rare earth magnets essential for national defense, electric vehicles, and renewable energy systems. As a Service-Disabled Veteran-Owned Business, we're uniquely positioned to serve America's critical mineral needs.

Advanced Manufacturing

27.6-acre facility in Alabama featuring cutting-edge Additive Manufacturing technology and traditional magnet production capabilities.

SDVOB Certified

Service-Disabled Veteran-Owned Business providing preferential access to federal contracts and supporting American veterans.

National Security

Addressing critical supply chain vulnerabilities by establishing domestic production of rare earth magnets for defense applications.

Our Mission

$163.8B Critical Minerals Market Opportunity

27.6 Acres in Whitehall, Alabama

2027 DoD Domestic Magnet Requirement

100% American Manufacturing

We aim to make the U.S. critical mineral independent by establishing a complete domestic supply chain for rare earth magnets. Our facility will serve defense contractors, automotive manufacturers, and renewable energy companies with Made-in-America solutions.

Funding Strategy

Total Capital Requirement: $155 Million to $230 Million
Sophisticated, phased strategy leveraging federal grants, state incentives, and private capital

Funding Source	Type	Estimated Amount	Key Advantage
Defense Production Act Title III	Grant	$20M - $100M+	Rare earth magnets named priority
DOE Battery Manufacturing (BIL)	Grant (50% cost share)	$50M - $100M+	Perfect fit for EV motor magnets
Alabama SEEDS Grant	Grant	$1M - $5M	Site development funding
Alabama Jobs Act	Tax Credits	4% payroll rebate	15-year tax benefits
SBA 504 Loan Program	Loan	Up to $5.5M	SDVOB qualification
Strategic Equity Investment	Private Equity	$20M - $50M+	Defense contractor partnerships

Development Timeline

Phase 1: Foundation (Months 1-12)

Secure initial funding through state/local incentives and SDVOB grants. Complete site development and detailed engineering. Begin federal grant applications.

Phase 2: Major Capital (Months 13-24)

Pursue large-scale federal grants from DoD and DOE. Construct manufacturing facility and install primary equipment.

Phase 3: Operations (Months 25-36)

Complete equipment installation and testing. Begin commercial production and fulfill defense contracts.

Meet Department of Defense requirement for domestic rare earth magnet supply chain. Achieve full operational capacity for national security applications.