IperionX, Carver Puimp to accelerate critical component production for ships

IperionX (IPX) announced a project with Carver Pump Company to accelerate the production of critical long lead time titanium components for naval shipbuilding. Carver Pump has placed an initial purchase order with IperionX for prototype titanium components. Leveraging its low-cost titanium metal powder and integrated in-house manufacturing, IperionX will produce and test cost competitive casting replacements for pump systems deployed across U.S. Navy surface vessels.