Sun Metalon Inc.

Sun Metalon Inc. is a deep-tech company decarbonizing the metal industry. Its patented electromagnetic heating technology turns contaminated machining swarf and chips - normally landfilled or downcycled - into clean, dry briquettes of the original alloy, on-site and with near-zero CO2 emissions. The company claims up to 85% lower energy use versus conventional remelting. Founded in 2021 by ex-Nippon Steel engineers, it operates in the United States and Japan, has raised about $42 million, and counts Toyota, Sumitomo, Nippon Steel and Airbus Ventures among its partners and backers.