IperionX (IPX) Technology has secured a firm-fixed-price contract valued at $99M for the research and development of low-cost domestic titanium to be used in defense applications. The contract was awarded through an online bidding process, with IperionX Technology as the sole recipient. The contract is projected to be completed by June 4, 2030. The Army Contracting Command is overseeing the activity.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IPX: