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Miami-headquartered Evolution Metals & Technologies Corp. (EM&T) has signed a letter of intent with Florida-based VIVIFY Technology to supply behind-the-meter hydrogen power for planned rare-earth magnet and critical-materials operations. The announcement describes a proposed arrangement—not an installed power system or an operating 10,000-ton-per-year magnet plant.

What EM&T and VIVIFY have proposed

According to Interesting Engineering’s October 2, 2026 report, the companies signed a letter of intent (LOI) covering hydrogen power for EM&T’s planned industrial operations. The power would be supplied behind the meter: on-site or dedicated generation serving the facility rather than electricity purchased solely through the grid.

The report places the proposal within EM&T’s plans to develop a U.S. industrial campus for rare-earth magnets and critical materials. It does not identify the LOI’s detailed terms, a project site, whether the arrangement is binding, or a deployment schedule. An LOI alone does not establish that a final commercial agreement or installation has been completed.

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What the 10,000-ton figure means

EM&T is reported to be scaling magnet production capacity toward approximately 10,000 tons annually. That number describes a target, not verified output or operating capacity. The report does not establish that the company has reached that scale, or specify when it expects to do so.

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The figure also needs to be kept separate from another U.S. magnet project with a similar capacity headline. Niron Magnetics is developing rare-earth-free iron-nitride magnets; it is a different company and technology from EM&T’s rare-earth magnet plans. MPR News reported in August 2026 that Niron was conducting a nationwide site search, while Niron CEO Jonathan Rowntree’s November 2025 congressional testimony described a proposed 10,000-ton-per-year facility. Those plans are not evidence about EM&T.

What VIVIFY says its hydrogen units can do

Interesting Engineering attributes the system specifications and performance claims below to VIVIFY; the report does not independently verify them.

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  • Fuel input: VIVIFY says water is the primary fuel input and that ongoing fuel resupply is not required. The report does not provide a full accounting of energy inputs or explain the system’s operating chain.
  • Emissions: VIVIFY describes the output as 99% emission-free. The report provides no independent emissions analysis or definition of that percentage.

These claims should not be read as proof of a fully emissions-free system or as evidence of a particular facility’s reliability, cost, or ability to meet EM&T’s power needs. The announcement does not provide those project-specific figures.

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What remains unconfirmed

The report establishes an announced LOI and a proposed power approach. It does not establish that VIVIFY equipment has been installed, that EM&T’s magnet operations are running at the stated scale, or that the companies have committed to a timetable. Confirmation of a definitive agreement, a named installation site, and an announced commissioning plan would clarify whether the proposal has advanced toward deployment.

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