MINNEAPOLIS–(BUSINESS WIRE)–Niron Magnetics and FaitalPRO announced the development of new professional audio loudspeakers featuring breakthrough Iron Nitride permanent magnets. These next-generation loudspeakers, which deliver strong acoustic performance while eliminating rare-earth dependencies, will be showcased at leading audio and audiovisual industry trade shows NAMM 2026 and ISE 2026. The collaboration combines Niron Magnetics’ Iron Nitride permanent magnet technology with FaitalPRO’s