IperionX Awarded $99M Contract by DoD for Titanium Production
06/05/25, 12:42 PM
Location
Money
$99 million
Industry
precious metals
manufacturing
Type
contract
IperionX has been awarded a $99 million SBIR Phase III contract by the U.S. Department of Defense. This contract aims to support low-cost domestic titanium production for defense applications through a funding mechanism for task orders.
Company Info
Location
129 w trade street, suite 1405
charlotte, north carolina, united states
Additional Info
IperionX aims to become a leading American titanium metal and critical materials company – using patented metal technologies to produce high performance titanium alloys, from titanium minerals or scrap titanium, at lower energy, cost and carbon emissions.
Our Titan critical minerals project is one of the largest mineral resources of titanium, rare earth and zircon minerals sands in the United States.
IperionX’s titanium metal and critical minerals are essential for advanced U.S. industries including space, aerospace, defense, consumer electronics, hydrogen, electric vehicles and additive manufacturing.
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