ADVANCED MATERIALS & PROCESSES | NOVEMBER 2026 44 the supply of critical materials. Combining materials science, AI, and supply-chain intelligence, its platform connects material properties, applications, suppliers, availability, and geopolitical risks to deliver actionable recommendations. Engineers and supply chain teams can rapidly compare material substitutes against performance, cost, and compliance requirements, identify alternate sources, and uncover supply-chain vulnerabilities, including upstream dependencies. Serving aerospace, defense, electronics, and industrial manufacturers, XTRIUM has completed five pilots, and is advancing its platform toward commercial deployment. Wish list: Manufacturers facing material shortages, single-source dependencies, rising sourcing costs, or difficulty finding suitable alternatives; pilot customers seeking to strengthen supply resilience; and industry partners with validated materials and supplier data. Contact: Malur Narayan, malur@xtrium.ai Website: xtrium.ai CRITICAL MATERIALS AND SYSTEMS COREPOWER MAGNETICS • Year Founded: 2020 • Location: Pittsburgh • Founders: Dr. Sam Kernion (CEO), Dr. Michael McHenry, and Paul Ohodnicki Existing magnetics components are too bulky, inefficient or simply cannot operate at next generation voltages and frequencies. CorePower Magnetics is an advanced climate-tech and power electronics company that designs and manufactures next-generation, highefficiency magnetic components, such as compact inductors, transformers and motors with a proprietary advanced nanocrystalline and amorphous soft-magnetic cores. Spun out of Carnegie Mellon University and the National Energy Technology Laboratory (NETL) in 2020, the Pittsburgh-based startup works across the The company can also apply individual platform modules to bring customers’ own materials to market faster. Wish list: Companies facing critical-materials constraints, particularly in permanent magnets, that want a material designed to their specification. Contact: Dr Riccardo Bassiri, Head of Technical Programs, riccardo.bassiri@materialsnexus.com Website: matnex.ai RADICAL AI • Year Founded: 2024 • Location: New York, N.Y. • Founders: Dr. Joseph F. Krause (CEO) and Dr. Jorge Colindres Radical AI is building the next generation self-driving laboratory to enable closed-loop materials discovery, experimentation, and qualification. The aim is to compress discovery from a decade and $100M+ to months. For anyone who has waited years to develop and qualify a new material, the promise is a radically shorter path from idea to experimental data. The company is building the world’s first fully autonomous materials lab at the Brooklyn Navy Yard and partners with Sandia National Laboratories, the DOE Genesis Mission, and the Air Force (AFWERX). Wish list: Talents in robotics and materials science, as well as strategic government partners. Contact: Katheryn Thayer Rubery, kthayer@radical-ai.com Website: radical-ai.com XTRIUM • Year Founded: 2025 • Location: Austin, Texas • Founders: Malur Narayan (CEO), Dr. Sirisha Kuchimanchi (COO), and Raghunandan Mathur (CTO) XTRIUM helps manufacturers find alternative materials, identify potential suppliers, and stay ahead of disruptions to Kernion
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