Key details of the IperionX-Carver partnership include:
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Carver to design a custom CAD file for prototype components for titanium additive manufacturing by IperionX.
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IperionX will secure titanium scrap from Carver Pump and existing US industry sources and will apply its patented technologies to process the titanium scrap into high-grade, high-quality titanium powder.
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IperionX will 3D print the prototype titanium components for Carver.
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Carver will take delivery of prototype titanium components for final machining and lead the qualification of the components for the US Navy.
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Upon successful completion of this partnership, Carver and IperionX intend to mutually agree on scaled up production and pricing for commercial production of titanium components.
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