IperionX Limited was awarded a Small Business Innovation Research (SBIR) Phase III contract by the U.S. Department of Defense for titanium fasteners and other aerospace components.

The $99 million award recognizes IperionX’s readiness to deliver strategic titanium components for U.S. defense applications.

Initial titanium manufacturing and supply projects, expected to commence in the coming months, will include titanium fasteners produced using IperionX’s patented titanium production and advanced forging technologies. The fasteners will be manufactured at IperionX’s Titanium Manufacturing Campus in Halifax County, Virginia.

The contract aligns with recent U.S. Government funding priorities aimed at fortifying U.S. critical-material manufacturing capabilities. Task orders may encompass additional product forms outside of fasteners, including higher-value aerospace components.

The contract “validates the performance of our technologies and underscores the Department of Defense’s commitment to reshore an all-American titanium supply chain,” stated IperionX CEO Anastasios (Taso) Arima.

In 2024 IperionX partnered with Vegas Fastener Manufacturing to produce fasteners and precision components for the U.S. Army Ground Vehicle Systems Center.