Latest Aerospace Defense News

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.

Altitude Minerals has identified significant concentrations of zircon and titanium minerals in new samples from its EL7071 tenement in South Australia's Eromanga Basin, setting the stage for a planned drilling campaign in September 2025.

Titomic Limited has successfully raised A$50 million through a strategic share placement, aiming to fuel its growth in industrial-scale metal additive manufacturing. The capital raise underscores investor confidence as the company prepares to expand its global footprint.

IperionX has successfully commissioned its Virginia titanium manufacturing campus, secured a substantial U.S. Department of Defense contract, and raised $46 million to fast-track production expansion through 2030.

IperionX has secured A$70 million through a share placement to fast-track expansion of its titanium production capacity in the U.S., aligning closely with Department of Defense priorities.