Core Viewpoint - Graham Corporation has secured multiple orders valued at approximately $22 million from leading Space/Aerospace customers, indicating strong momentum in its commercial space business [1][2]. Group 1: Orders and Revenue - During its fiscal second and third quarters, Graham's subsidiary Barber-Nichols LLC booked new orders for advanced turbomachinery and precision-engineered components from six major players in the commercial space launch market, expected to convert into revenue over the next 12 to 24 months [2]. - The recent orders highlight Graham's expanding role as a critical supplier for next-generation space systems [2]. Group 2: Investment in Capacity - To meet the increasing demand, Graham is investing in production capacity at its Barber-Nichols facility in Colorado, which includes new CNC machining centers and a liquid nitrogen test stand [3]. - These investments complement the construction of a cryogenic test facility near its P3 Technologies subsidiary in Jupiter, Florida, expected to open later this year [3]. Group 3: Market Position and Strategy - The company is experiencing strong momentum from both new and existing customers in the space sector, reflecting its long-term commitment to the industry and key development programs [4]. - Graham's expertise in high-speed rotating equipment and precision manufacturing positions it as a trusted supplier for complex, high-performance systems, reinforcing its strategy to diversify its portfolio across high-growth, technology-driven applications [4].

Core Viewpoint - EcoPro Company has completed the first phase of its investment in battery raw materials on the Indonesian island of Sulawesi, focusing on nickel smelting to secure a stable supply of key materials for electric vehicle batteries [1][2]. Investment Details - The first-phase investment amounts to KRW 700 billion (approximately US$ 502 million) and involves four nickel smelters, providing a supply of 28,500 tons of mixed hydroxide precipitate (MHP) annually, sufficient for around 600,000 electric vehicles [2]. - MHP is a nickel intermediate that is cheaper to produce than refined nickel and contains cobalt, essential for nickel-cobalt-manganese (NCM) battery precursors [2]. Future Plans - EcoPro is preparing to launch the second phase of its investment, the International Green Industrial Park project in Sambalagi, which will include additional smelters and production facilities for precursors, cathodes, and battery cells [3]. - The company aims to reduce the cost of producing high-nickel NCM cathodes by up to 30% through these investments [3]. Strategic Importance - The new investment is expected to diversify EcoPro's portfolio and improve profitability, helping to offset sluggish demand in the cathode materials sector [4]. - The CEO of EcoPro emphasized the significance of entering the smelting industry, which will provide a more stable revenue structure alongside its existing cathode materials business [4].