Sep 202629
Department of War takes a stake in Hertha Metals
Maker of high-purity iron for domestic rare earth magnets
$65 millionClosed Sep 29, 2026
Company
Hertha Metals is a venture-backed startup developing technology to modernize iron and steel production. ↗
| Leadership | Laureen Meroueh, Founder and CEO ↗; Mike Bailey, Chief of Government Relations ↗; Thea Soule, VP of Business Development ↗ |
|---|---|
| Ownership | Private, venture-backed ↗ |
Maker of high-purity iron for domestic rare earth magnets