IperionX awarded US defence contract worth up to $99M to supply titanium components
June 5, 2025
IperionX, based in Charlotte, North Carolina, USA, has been awarded a Small Business Innovation Research (SBIR) Phase III contract by the US Department of Defense (DoD). The contract will support achieving low-cost domestic titanium for defence applications and is part of a funding mechanism through which qualifying US government agencies can place project-specific orders – collectively capped at $99 million – for the supply of parts and components from IperionX.
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“Securing this Phase III contract is a pivotal milestone for IperionX,” stated Anastasios (Taso) Arima, IperionX CEO. “It validates the performance of our technologies and underscores the Department of Defense’s commitment to reshore an all-American titanium supply chain. We look forward to delivering mission-critical components that are lighter, stronger and more cost-effective while reducing reliance on international supply chains.”
The SBIR programme, administered by the US Small Business Administration, progresses innovations through three stages. Phase III is reserved for commercialisation activities, allowing Federal agencies to procure proven SBIR-funded technologies without further competition. This award is said to recognise IperionX’s readiness to deliver strategic titanium components for US defence applications.
IperionX is currently working with US DoD agencies on project task orders that will draw down on the contract ceiling. 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. These titanium parts will be manufactured at IperionX’s Titanium Manufacturing Campus in Virginia, supporting local skilled jobs and strengthening the US defence industrial base.
Task orders may encompass additional product forms outside of fasteners, including higher-value aerospace components, positioning IperionX as a partner in the US DoD’s drive for secure, American-made and cost-competitive titanium.
