VIVIFY Technology Signs Letter of Intent to Power Evolution Metals & Technologies' Rare Earth Magnet Operations with Behind-the-Meter Hydrogen Energy - Morningstar
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VIVIFY Technology Signs Letter of Intent to Power Evolution Metals & Technologies' Rare Earth Magnet Operations with Behind-the-Meter Hydrogen EnergyPR NewswireDELRAY BEACH, Fla., Oct. 1, 2026Florida hydrogen energy company to supply modular, grid-independent power to Nasdaq-listed critical materials manufacturerDELRAY BEACH, Fla., Oct. 1, 2026 /PRNewswire/ -- VIVIFY Technology, a hydrogen energy company headquartered in Delray Beach, Florida, announced today that it has signed a letter of intent with Evolution Metals & Technologies Corp. ("EM&T") (Nasdaq: EMAT) to deploy behind-the-meter hydrogen power supporting EM&T's rare earth magnet and critical materials operations. The agreement puts VIVIFY's hydrogen platforms to work for one of the most strategically important supply chains in the country, and it does so without waiting on the legacy grid. Rare earth permanent magnets drive electric vehicles, medical imaging equipment, and defense systems. Miami-headquartered EM&T is building a non-China supply chain for them, scaling magnet production capacity to approximately 10,000 metric tons annually and developing a fully integrated U. S. industrial campus.
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