Hyperion executes option agreement to acquire Blacksand Technology

October 22, 2021

Hyperion Metals, Charlotte, North Carolina, USA, has executed a one-year option to acquire Blacksand Technology LLC, West Valley City, Utah. The two companies have been collaborating on an investigation into the commercial development of spherical titanium metal powders.

“The combination of Hyperion and Blacksand Technology is transformational, bringing together two highly complementary organisations, supported by the world-class metallurgical engineering department at the University of Utah, to create a leader in sustainable low carbon titanium metal and powders,” stated Anastasios Arima, CEO and Managing Director, Hyperion. “Hyperion’s Titan Project in Tennessee will supply low carbon titanium mineral feedstock to produce low carbon, low-cost titanium metal and powders using the HAMR and GSD technologies. We aim to build on Blacksand’s strengths in material science and innovation to scale and commercialise these breakthrough American technologies and make the US, once again, the leader in titanium metal.”

Since the founding of Blacksand in 2013, it has developed the hydrogen assisted metallothermic reduction (HAMR) technology and developed over forty patents worldwide relating to titanium manufacturing, from the supply chain to specific technologies. Over the years, the company has seen a reported investment of around $12 million into these technologies from government agencies including the Advanced Research Projects Agency – Energy and the Office of Energy Efficiency and Renewable Energy of the US Department of Energy; the National Science Foundation; and the Naval Air Systems Command of the US Department of Defense.

Dr Z Zak Fang, Professor of the University of Utah and founder of Blacksand, added, “Blacksand is excited about the prospects of commercialising its suite of titanium technologies through Hyperion Metals. Hyperion recognises the potential of the breakthrough HAMR process based on a simple and elegant scientific principle to lead the titanium production industry away from the old, energy-intensive, and environmentally-challenging Kroll process. This is a historical opportunity to change how titanium is made with an energy-efficient, potentially zero-emission, and low-cost technology.”

www.hyperionmetals.us

www.blacksandtechllc.com

In the latest issue of Metal AM magazine

Download PDF
 

Extensive AM industry news coverage, as well as the following exclusive deep-dive articles:

  • LEAP 71: Why engineering must move beyond CAD to realise the promise of AI and Additive Manufacturing
  • Additive Manufacturing and European defence: a critical opportunity as the US and China accelerate ahead
  • A market analyst’s view: Europe’s opportunity as defence AM surges in the US and China
  • From Fixed Processes to flight parts: How REM’s advanced surface finishing supports NASA JPL’s AM innovations
  • The future of large metal parts: WAAMathon #2 showcases developments in Wire Arc Directed Energy Deposition
  • Wire Electron Beam Directed Energy Deposition (DED): Advancing productivity and sustainability in metal AM
  • Building trust in AM: How Qualified AM GmbH is enabling regulated production at scale

TRUSTED CONTENT. TARGETED AUDIENCE

Advertise with Metal AM and access a global base of 50,000+ AM professionals.

Contact Jon Craxford: [email protected]

  • AM machines
  • Process monitoring & calibration
  • Heat treatment & sintering
  • HIP systems & services
  • Pre- & post-processing technology
  • Powders, powder production and analysis
  • Part manufacturers
  • Consulting, training & market data

Don’t miss a thing – register for our newsletter

Don't miss any new issue of Metal AM magazine, and get the latest industry news. Sign up to our twice weekly newsletter.

Register now

Join 40,000+ other AM professionals – follow us online

About Metal Additive Manufacturing magazine

Metal AM magazine, published quarterly in digital and print formats, is read by a rapidly expanding international audience.

Our audience includes component manufacturers, end-users, materials and equipment suppliers, analysts, researchers and more.

In addition to providing extensive industry news coverage, Metal AM magazine is known for exclusive, in-depth articles and technical reports.

Our focus is the entire metal AM process from design to application.

Each issue is available as an easy-to-navigate digital edition and a high-quality print publication.

Discover our magazine archive…

The free to access Metal Additive Manufacturing magazine archive offers unparalleled insight into the world of metal Additive Manufacturing from a commercial and technological perspective through:

  • Reports on visits to leading metal AM part manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.

Browse the archive

Share via
Copy link
Powered by Social Snap