IperionX lands second US Army order for domestic titanium
The contract enables qualifying US Government agencies to place project-specific orders collectively capped at $99M.
IperionX has secured a second Small Business Innovation Research (SBIR) contract from the U.S. Army, enabling the company to supply low-cost, domestic titanium for defense applications. Titanium, a critical mineral used in aerospace, medical, and industrial technologies, is in high demand due to its unique strength-to-weight ratio and corrosion resistance.
The contract, valued at approximately $19.8 million, includes Task Orders 1 and 2, with an additional $79.2 million remaining under the IDIQ contract ceiling. The SBIR funding will support IperionX's expansion of domestic titanium powder-to-part manufacturing capacity, including equipment and manufacturing systems. By advancing integrated titanium powder-to-finished-component operations, the program aims to strengthen U.S. defense supply chains and reduce acquisition and production costs for defense applications.
The expanded manufacturing capability includes planned production of titanium track pins, bolts, and fasteners for defense applications at the Virginia facility.
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