IperionX Announces Second U.S. Army Task Order Under SBIR Phase III Contract With Stated Base Value Of $18.5M, Of Which $11.5M Is Funded And Obligated; Unexercised Options Could Raise Value To $25.4M
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Why It Matters
IperionX won a big U.S. Army order worth $11.5 million right now, with the chance to earn up to $25.4 million more if the Army orders again. This shows the Army likes their work and plans to keep buying from them.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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