tiprankstipranks
Trending News
More News >

IperionX to produce titanium plate for testing by Lockheed Martin

IperionX Limited (IPX) has agreed to an order with Lockheed Martin (LMT) for the delivery of titanium plate components produced using IperionX’s U.S. manufactured titanium. IperionX’s advanced titanium production technologies have the potential to provide a lower cost and more sustainable U.S. domestic supply chain for titanium raw material. “Reducing the cost of titanium components will mean broader use of this material to increase the performance of our products,” said Brian Rosenberger, Lockheed Martin senior fellow for Additive Manufacturing Processes and Materials. “With this order, Lockheed Martin will perform an initial evaluation of the material quality and mechanical performance of IperionX’s titanium plate material.” The titanium plate components for Lockheed Martin will be manufactured with powder metallurgy production methods and IperionX’s advanced titanium angular powder. To deliver higher performance and durability, IperionX will also employ its patented Hydrogen Sintering and Phase Transformation technologies, a cutting-edge technique to enhance the microstructure of titanium parts to deliver strength and fatigue properties that are comparable to wrought titanium alloys.

Protect Your Portfolio Against Market Uncertainty

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See Insiders’ Hot Stocks on TipRanks >>

Read More on IPX:

Disclaimer & DisclosureReport an Issue