IperionX Secures First U.S. Army Task Order Under US$99 Million SBIR Phase III Contract

Group 1 - IperionX Limited has received its first task order valued at US$1.3 million from the U.S. Army under a SBIR Phase III IDIQ contract with the Department of Defense [1][4] - The task order involves the production and delivery of titanium parts for U.S. Army ground vehicle programs, adhering to U.S. Controlled Unclassified Information Program standards [2][3] - The manufacturing will take place at IperionX's Titanium Manufacturing Campus in Virginia, utilizing proprietary production and forging processes, which enhances supply-chain resilience and creates high-value jobs in the U.S. [3][5] Group 2 - This task order is the first of several expected under a US$99 million SBIR Phase III contract, allowing various DoD and U.S. Government agencies to procure titanium parts directly from IperionX [4] - The CEO of IperionX emphasized that this order is a significant step towards reshoring the titanium supply chain in the U.S. and aims to establish a long-term partnership with the Department of Defense [5] - IperionX is recognized as a leading American titanium metal and critical materials company, focusing on producing high-performance titanium alloys with lower energy, cost, and carbon emissions [5][6]