IperionX Secures First U.S. Army Task Order Under US$99 Million SBIR Phase III Contract
- Secured first US$1.3 million task order from U.S. Army under larger US$99 million contract
- Contract enables direct procurement from any DoD and U.S. Government agency
- Strengthens domestic titanium supply chain and reduces foreign dependence
- Creates high-value manufacturing jobs in the United States
- Potential for additional task orders under the US$99 million contract framework
- Initial order represents only 1.3% of the total contract potential value
- Execution subject to strict government security and compliance requirements
Insights
IperionX secures first $1.3M order under $99M DoD contract, marking significant milestone in domestic titanium production for defense applications.
This $1.3 million task order from the U.S. Army represents a strategic breakthrough for IperionX in the defense sector. The order's significance extends beyond its immediate financial impact—it validates IperionX's proprietary titanium production technology and establishes the company as a qualified supplier within the DoD's procurement ecosystem.
The SBIR Phase III IDIQ contract structure is particularly noteworthy. Unlike earlier SBIR phases focused on R&D, Phase III transitions to commercialization without requiring further competition. This $99 million ceiling contract creates a streamlined procurement pathway for any DoD entity to order from IperionX without navigating lengthy acquisition processes. The IDIQ format essentially creates a pre-approved purchasing channel that could accelerate future orders.
From a national security perspective, this contract addresses a critical vulnerability in U.S. defense industrial capabilities. The U.S. currently imports over 95% of titanium sponge, primarily from Japan, Kazakhstan, and Russia. This dependency represents a strategic risk that the Pentagon has identified as concerning. IperionX's Virginia facility provides domestic production capacity that helps mitigate this supply chain vulnerability.
The timing aligns with increasing DoD emphasis on supply chain resilience following recent geopolitical disruptions. By manufacturing these components domestically using proprietary technologies, IperionX positions itself at the intersection of two key defense priorities: technological innovation and supply chain security.
While the initial $1.3 million order is modest, the execution of this first task order opens the pathway to capture a larger share of the $99 million contract ceiling. The company's ability to deliver on schedule and meet quality specifications will be crucial for securing follow-on orders that could significantly impact future revenue growth.
CHARLOTTE, N.C., June 11, 2025 (GLOBE NEWSWIRE) -- IperionX Limited (IperionX) (NASDAQ: IPX, ASX: IPX) is pleased to announce that it has received the first task order, valued at US
The task order facilitates the production and delivery of titanium parts for U.S. Army ground vehicle programs. All technical specifications, performance requirements, and delivery schedules are governed under the U.S Controlled Unclassified Information Program (Executive Order 13556), ensuring protection of sensitive defense information.
The U.S. Army task order will be fulfilled at IperionX’s Titanium Manufacturing Campus in Virginia, using proprietary titanium production and advanced forging processes. Manufacturing these critical titanium components in America strengthens supply-chain resilience and reduces reliance on foreign titanium sources, while creating high-value manufacturing jobs in the United States.
The project is the first of further task orders expected under the US
Anastasios (Taso) Arima, IperionX CEO said:
“Securing this first U.S. Army task order is a decisive step toward reshoring the nation’s titanium supply chain. It marks the beginning of a long-term partnership with the Department of Defense that will deliver mission-critical titanium parts and strengthen America’s advanced-materials leadership. We look forward to rapidly scaling with additional task orders under our US
About IperionX
IperionX is a leading American titanium metal and critical materials company – using patented metal technologies to produce high performance titanium alloys, from titanium minerals or scrap titanium, at lower energy, cost and carbon emissions.
Our Titan critical minerals project is the largest JORC-compliant mineral resource of titanium, rare earth and zircon minerals sands in the United States.
IperionX’s titanium metal and critical minerals are essential for advanced U.S. industries including space, aerospace, defense, consumer electronics, hydrogen, automotive and additive manufacturing.
A link to the full release can be found here.
Contacts
Anastasios (Taso) Arima, Founder and CEO
Toby Symonds, President
Dominic Allen, Chief Commercial Officer
Investors: investorrelations@iperionx.com
Media: media@iperionx.com
+1 980 237 8900
www.iperionx.com
FAQ
What is the value of IperionX's first U.S. Army task order under the SBIR Phase III contract?
What will IperionX (IPX) produce under the U.S. Army contract?
What is the total value of IperionX's SBIR Phase III contract with the Department of Defense?
Where will IperionX manufacture the titanium components for the U.S. Army?
Who can order titanium parts from IperionX under the SBIR Phase III contract?
