It was announced today, December 4, 2023, /PRNewswire/ that
For Invention: Neodymium Magnet, World's Strongest Permanent Magnet, Enabling Significant IT Advancements for Society in the Future -
A ceremony was held by the Honda Foundation in Tokyo on November 16, 2023, to award the 44th Honda Prize to Dr. Masato Sagawa of Japan (advisor to Daido Steel and president of NDFEB Corporation) and Dr. John J. Croat of the United States (former president of John Croat Consulting, Inc.) as the recipient of this year's prize.
Here are two pictures of Dr. Masato Sagawa and Dr. John J. Croat: http://cdn.kyodonewsprwire.jp/prwfile/release/M106338/202311283430/_prw_PI1fl_T7QT6Zn2.jpg 
There were commemorative lectures given by the awardees: https://cdn.kyodonewsprwire.jp/prwfile/release/M106338/202311283430/_prw_PI2fl_lhPoOqCk.jpg 
A statement by Honda Foundation President Hiroto Ishida states that "Permanent magnets are essential in modern society as a basic material, being used in a wide range of fields including electronics, industrial machinery, and automobiles.". The Dr.. In the presence of Dr. Sagawa. In recent years, Croat's independent magnet research has contributed to society's advancement by enabling significantly lighter motors, smaller hard drives, and other technological advances. There is no doubt that neodymium magnets, which account for 95% of the permanent magnet market, are advancing energy-saving technologies to reduce greenhouse gas emissions. We are pleased to announce that we have awarded the Honda Prize to these two distinguished scientists as demand for neodymium magnets is on the rise in the effort to achieve a carbon-neutral society.
We are pleased to announce that we have awarded the Honda Prize to these two distinguished scientists as demand for neodymium magnets is on the rise in the effort to achieve a carbon-neutral society.
In his remarks, Hirohisa Uchida, chairman of the Honda Prize Selection Committee, said:. In the presence of Dr. Sagawa. The invention of the super-strong Nd-Fe-B permanent magnet by Croats has had a profound impact on a variety of industries in the past decade. Due to the powerful magnetic force of neodymium magnets, significant IT advancements have been enabled, contributing to energy conservation, a reduction of fossil fuel dependence, and the journey towards a society that is carbon neutral.. It is estimated that there will be a growth in global demand as electrification and improvements in motor efficiency fuel the development of energy-saving technologies to reduce CO2 emissions.. In this way, the global commitment to policies aligned with the Sustainable Development Goals can be seen. It has been said by Soichiro Honda that the basic principle of eco-technology is to use technology to make people happy -.Due to the fact that the invention aligns with the Honda Foundation's policy of prioritizing eco-technology and recognizing achievements worthy of the Honda Prize, we are pleased to present them with this award in recognition of their contribution to the field.
Due to the fact that the invention aligns with the Honda Foundation's policy of prioritizing eco-technology and recognizing achievements worthy of the Honda Prize, we are pleased to present them with this award in recognition of their contribution to the field.
In the course of presenting the Honda Prize and medals to Dr. Croat and his colleague Dr. Sagawa, whom I greatly admire and respect, he stated, "It is a great honor to receive the Honda Prize, and I am grateful to be able to receive this award together with Dr. Sagawa." Looking back on the journey, both of us independently discovered the same substance in the early 1980s, and today neodymium magnets are essential in a wide variety of fields and I am grateful that we were able to make this remarkable discovery."
The two doctors shared insights into their academic journeys, professional experiences, and the discovery of neodymium magnets. Dr. Sagawa explained that while he was in college, he was lacking confidence. As a result of working for companies, I was able to apply the knowledge I had gained in graduate school, immersing myself in magnet research, and I now encourage students to pursue careers in science." 
According to Dr. Croat, the discovery of neodymium magnets has enabled major technological advances, such as the miniaturization of household appliances and the development of computers, which have enabled significant technological advancements. Today, it is still used in a variety of high-tech applications, so I feel honored and delighted to have been part of its discovery and development."
A summary of Dr. Sagawa's research and biography can be found at: http://kyodonewsprwire.jp/attach/202311283430-O1-T8HSiax4.pdf 
The research and biography of Dr. Croat can be found here: https://kyodonewsprwire.jp/attach/202311283430-O2-1vLpgM0l.pdf 
The history of permanent magnet research and the present and future of neodymium magnets can be found at:https://kyodonewsprwire.jp/attach/202311283430-O3-BEzBzzM3.pdf 
Here is more information about Honda Foundation: https://kyodonewsprwire.jp/attach/202311283430-O4-03J0h6bw.pdf 
The official website of the Honda Foundation can be found at: https://www.hondafoundation.jp/en/ 
The Honda Foundation is the source of this information
Honda Foundation, a public-interest organization incorporated under the laws of the State of California, has announced that the 44th Honda Prize will be awarded in 2023 to Dr. Masato Hibi...
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