• IperionX awarded up to $6.6M by OSW-SWIB for titanium plate production
• Funding supports domestic manufacturing of high-performance titanium components
• Collaboration with BCDC and ARL to accelerate product scale-up for defense applications

IperionX Limited has been awarded up to $6.6 million by the Office of the Secretary of War - Submarine Workforce and Industrial Base program (OSW-SWIB) to scale domestic production of high-performance titanium alloy products, including ballistic-grade titanium plate, for land and maritime defense platforms. The funding will support expanded manufacturing capability at IperionX's Titanium Manufacturing Campus in Virginia. The award forms part of a larger, multi-organization program aimed at scaling production of titanium mill products and components for defense platforms requiring exceptional strength-to-weight performance, corrosion resistance, durability, ballistic-impact tolerance, and shock survivability. IperionX will collaborate with the George H.W. Bush Combat Development Complex (BCDC) and the U.S. Army Combat Capabilities Development Command (DEVCOM) Army Research Laboratory (ARL) to accelerate product scale-up, validation, and transition pathways for defense and strategic industrial applications. The program will be completed in two phases with Phase 1 granting $0.2 million for project scoping and test work. Upon successful completion, IperionX is expected to receive a further $6.4 million to scale manufacturing capacity and purchase capital equipment.