Evolution Metals & Technologies Corp. Raises Fiscal 2026 Revenue Guidance 62% at Midpoint to 11 Million and Reaffirms 460 Million Fiscal 2027 Outlook
Key Highlights
- ➤Fiscal 2026 revenue guidance raised to $10 million-$11 million, up 62% at midpoint
- ➤Fiscal 2027 revenue guidance of $400 million-$460 million reaffirmed
- ➤Thirteen ULVAC machines scheduled for October delivery in Pohang
- ➤Annual magnet production capacity expected to exceed 10,000 metric tons
- ➤DFARS restriction expected to extend mine-to-magnet rules beginning January 1, 2027
Expert Statements
Frank Moon, Chief Executive Officer of EM&T
“The raised guidance reflects strong customer demand, improved rare earth pricing, and our ability to source rare earth materials that bring our additional production capacity online this year.”
Frank Moon, Chief Executive Officer of EM&T
“Our fiscal 2027 outlook is unchanged, and the operational priorities behind it remain clear: commission additional equipment, bring expanded power and facility capacity online, secure rare earth materials for higher production volumes, complete additional customer qualifications and convert demand into expanded magnet shipments.”
Frank Moon, Chief Executive Officer of EM&T
“We will keep the market updated as we continue to execute at warp speed.”
Frank Moon, Chief Executive Officer of EM&T
“We look forward to showcasing what we believe is the largest commercial magnet facility in the world, ex-China, on December 17, 2026.”
Frank Moon, Chief Executive Officer of EM&T
“We have already received attendance confirmations from industry leaders and executives, government officials, trade partners, investors, banking research teams and, of course, our entire board, which includes veterans of senior U.S. government leadership.”
Andrew Knaggs, President of EM&T
“Non-China rare earth magnet supply remains a strategic priority of U.S. national security and industrial policy decisions.”
Andrew Knaggs, President of EM&T
“DFARS 252.225-7052 is expected to extend the mine-to-magnet restriction across the entire supply chain for neodymium-iron-boron magnets beginning January 1, 2027, and the July 2026 Executive Order substantially tightened the conditions for waivers and directed faster qualification of compliant sources.”
Andrew Knaggs, President of EM&T
“EM&T’s manufacturing platform, non-China sourced rare earth materials and production expansion are built to meet those needs at commercial scale, while continuing to serve our established, revenue-generating global customer base.”
Delivery of thirteen additional ULVAC sintered magnet production machines scheduled for delivery in October are expected to expand annual capacity to more than 10,000 metric tons of magnets as EM&T scales its non-China feedstock position to meet strong customer demand
Evolution Metals & Technologies Corp. (“EM&T” or the “Company”) (Nasdaq: EMAT), a U.S.-based critical materials and advanced manufacturing company, today raised its fiscal 2026 revenue guidance to $10 million to $11 million, up from the previous range of $5 million to $8 million announced on September 10, 2026. The increase represents a 62% raise at the midpoint, delivered less than one month after the Company issued its initial outlook. EM&T also reaffirmed its fiscal 2027 revenue guidance of $400 million to $460 million.
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