Latest Aerospace Defense News

6K Additive, Inc. launches a fully underwritten A$48 million IPO on the ASX, aiming to scale its innovative scrap-based metal powder production for additive manufacturing. The capital raise supports a major capacity expansion backed by a US Department of Defense grant.

Tungsten Mining has announced a significant new Exploration Target at its Mulgine Trench deposit, highlighting the project’s expanding scale and potential in the critical minerals sector.

Metal Powder Works reports a surge in demand for its commercially pure titanium powder, adding five new customers this quarter and securing a significant defense-linked order that could generate millions in recurring revenue.

McLaren Minerals has announced a substantial upgrade to its McLaren Project resource, increasing total mineral resources by approximately 85% and confirming its status as a tier-one titanium deposit.

Metal Powder Works has secured a follow-on contract with Westinghouse Electric Company to refine metal powders for nuclear additive manufacturing, reinforcing its foothold in a rapidly growing sector.

Castile Resources has reported substantial increases in gold, copper, and bismuth resources at its Rover 1 Project, while advancing plans for refined bismuth production amid tightening global supply due to Chinese export controls.

Titomic Limited has launched a major European manufacturing hub and a UK subsidiary, secured a $50 million capital raise, and forged strategic partnerships to advance its cold spray additive manufacturing technology.

IperionX has boosted titanium powder production capacity by 60% and secured US$75 million in Department of War funding to scale up to 1,400 tonnes per annum by 2027, aiming to become the largest and lowest-cost US titanium producer.

American West Metals has launched a targeted field program at its West Desert Project in Utah, focusing on resampling historical drill core for indium and gallium ahead of a new drilling campaign. The project already hosts the largest indium resource in the US with significant expansion potential.

IperionX has received an additional $25 million from the U.S. Department of War to accelerate titanium production at its Virginia facility, reinforcing domestic supply chains for critical defense materials.

IperionX has boosted its titanium powder capacity by 60% with no extra capital, cutting unit costs to $55/kg, and is now accelerating a US Department of Defense-backed expansion to 1,400 tpa aiming for the lowest-cost titanium production in America.

IperionX secures a $12.5 million funding tranche from the U.S. Department of Defense to fast-track expansion of its Virginia titanium manufacturing capacity beyond 1,000 metric tons annually.