IPX Analysis: IperionX Announces Carver Pump Prototype Order

Published 15 Dec 2025 • 3 min • IPX

Event: IperionX Announces Carver Pump Prototype Order | Date: 2025-12-15 | Source: IperionX ASX Announcements

IperionX Secures Key Defense Prototype Order with Carver Pump

IperionX announced on 15 December 2025 a prototype order from Carver Pump, a U.S. Navy supplier, for titanium pump components using its HAMR and HSPT technologies. The order, valued at approximately $100,000, follows the company's Virginia facility achieving steady-state production and marks progression from planning to prototyping, with delivery scheduled for May 2026. This builds on existing contracts with Ford ($11 million multi-year) and the U.S. Army, expanding IperionX's defense sector presence amid 200+ NDAs and 22 programs in final prototyping or negotiation stages. The announcement highlights the facility's 200 tonnes per annum capacity enabling such qualifications, aligning with the $47 million IBAS expansion funding, of which $42.5 million is obligated. Source: IperionX ASX Announcements.