IperionX wins second U.S. Army SBIR task order worth up to US$25.4 million
IPX•Contract totals and remaining ceiling
Task Orders 1 and 2 total about USD 19.8 million, leaving USD 79.2 million available under the contract ceiling.
Second Army task order under SBIR Phase III contract
IperionX won a second U.S. Army task order under its SBIR Phase III IDIQ contract capped at USD 99 million.
Task Order 2 carries a USD 18.5 million base value, with USD 11.5 million funded; options could lift it to USD 25.4 million.
Funding for titanium production capacity at Virginia facility
Funding targets industrial-scale titanium powder-to-finished-component capacity at its Virginia facility, including continuous HSPT and dehydride furnace capability.
The program supports production of titanium track pins, bolts, and fasteners for Army applications, with inspection and acceptance planned at Detroit Arsenal.
