Additive Awarded US$1.95M by Defense Logistics Agency
Additive Awarded US$1.95M by Defense Logistics Agency |
| [02-April-2026] |
Award includes collaboration to convert Nickel, Titanium, Tungsten, and C103 (Niobium alloy) end of life parts into high value powder. BURGETTSTOWN, Pa., April 2, 2026 /PRNewswire/ -- 6K Additive, Inc. (ASX: 6KA) (6K Additive) is pleased to announce that it has been awarded a Phase II contract with a total value of US$1.95 million over an 18‑month term and is subject to standard U.S. government contract terms, including performance milestones and termination rights (Award). The Award aims to lessen the U.S. military's dependence on foreign sources for critical strategic metals. The initiative, titled "Recovering Strategic Value," focuses on converting domestic scrap from select United States Military Depots including Nickel, Titanium, Tungsten, and Niobium, into high-value metal powders for additive manufacturing and defense readiness. Background The U.S. defense industrial base currently faces a strategic vulnerability due to its heavy reliance on imported metals. According to Statista, China controls over 80% of global Tungsten production, and the U.S. depends entirely on imports for Niobium, primarily from Brazil and Canada. Titanium imports have also been flagged by the Department of Commerce as a threat to national security. "The U.S. Government has made it clear that to advance our defense readiness we cannot rely on geopolitically sensitive regions for the materials essential to our most advanced weapon systems," said Frank Roberts, CEO of 6K Additive. "By upcycling domestic scrap from DoD stockpiles and maintenance centers, we are creating a circular, secure, and sustainable supply chain for the US defense sector. This Award enables us and the DoD to further identify end-of-life parts and scrap to convert back into high-value powder ultimately leading to strategic components for the military." From Scrap to Frontline The goal of the Award is to maximize the value of end-of-life components, high demand and high value metal alloys by leveraging the baseline processes developed in previous 6K Additive DLA awards. Specifically, the Scope of Work (SOW) for Phase III is expected to focus on materials from DLA Disposition Services, the Navy and the Air Force Life Cycle Management Center and aligning processes to maximize value for the DoD. The scope of work for the Award includes:
Strategic Partnership with the US DoD 6K Additive will collaborate with the DLA and other agencies within the US DoD to obtain high-value scrap from these centers and depots. Specific operations will take place at major aviation depots, which generate upwards of 60,000 pounds of mixed scrap metal weekly. Upcycled powders will be returned to the military for rigorous testing against virgin metal standards to ensure performance in critical defense applications. At the heart of this initiative is 6K Additive's three IP technology pillars:
Project Timeline and Impact The Award has an 18-month timeline, and the program aims to prove the concept of an automated sorting prototype and deliver certified batches of tungsten, titanium, and niobium powders. By converting domestic waste into high-performance feedstock, 6K Additive is ensuring that American innovation is powered by American materials. 6K Additive's strategic importance to the United States national defense regime is validated by strong and growing government support, including:
As previously advised to the market, this support reflects the recognition of 6K Additive as a critical supplier to U.S. national security and industrial resilience. This press release has been approved by the 6K Additive Board of Directors About 6K Additive 6K Additive, Inc. (ASX: 6KA) is a US-based manufacturer and trusted supplier of premium metal powders for additive manufacturing and alloy additions for the aluminum melt industry, all made from sustainable sources. Headquartered in Burgettstown, PA, the Company's manufacturing process produces the highest quality metal powders that are truly spherical, void of porosity and satellites with better unit economics than competing technologies. 6K Additive utilizes proprietary UniMelt® microwave plasma system to produce the industry's most comprehensive portfolio of metal powder including a variety of Nickel, Titanium, Copper, and refractory powders that include, Tungsten, Rhenium, Niobium/C-103 and Tantalum. 6K Additive leverages feedstock such as certified turnings, millings, used additive powder, support material and failed builds that provide customers sustainable, domestically sourced metal powder. Visit us at www.6kAdditive.com. Forward Looking Statements This announcement contains forward-looking statements. Forward-looking statements may include statements regarding 6K Additive's intentions, objectives, plans, expectations, assumptions and beliefs about future events, including 6K Additive's expectations with respect to the financial and operating position or performance of its business, its capital position and future growth. Forward-looking statements are based on assumptions and contingencies that are subject to change without notice and are not guarantees of future performance. They involve known and unknown risks, uncertainties and other important factors, many of which are beyond the control of 6K Additive, its directors and management and which may cause actual outcomes to differ materially from those expressed or implied in this announcement, including but not limited to, the factors described in the "Risk Factors" section of the Company's Replacement Prospectus dated 11 November 2025. Readers are cautioned not to place undue reliance on forward-looking statements, which are provided for illustrative purposes only and are not necessarily a guide to future performance. No representation or warranty is made by any person as to the likelihood of achievement or reasonableness of any forward-looking statements, and to the maximum extent permitted by law, responsibility for the accuracy or completeness of any forward-looking statements is disclaimed, and except as required by law or regulation (including ASX Listing Rules), 6K Additive undertakes no obligation to update any forward-looking statements. 6K Additive also notes that past performance may not be a reliable indicator of future performance. Restriction on purchases of CDIs by US persons 6K Additive is incorporated in the US State of Delaware and its CDIs have not been registered under the US Securities Act of 1933 or the laws of any state or other jurisdiction in the United States. Trading of the CDIs on the ASX is not subject to the registration requirements of the US Securities Act in reliance on Regulation S under the US Securities Act and a related 'no action' letter issued by the US Securities and Exchange Commission to the ASX in 2000. As a result, the CDIs are "restricted securities" (as defined in Rule 144 under the US Securities Act) and may not be sold or otherwise transferred except in transactions exempt from, or not subject to, the registration requirements of the US Securities Act. For instance, US persons may purchase CDIs if they are "qualified institutional buyers" ("QIBs", as defined in and in reliance on the exemption from registration provided by Rule 144A under the US Securities Act). To enforce the transfer restrictions, the CDIs bear a FOR Financial Product designation on the ASX. This designation restricts any CDIs from being sold on ASX to US persons excluding QIBs. In addition, hedging transactions with regard to the CDIs may only be conducted in compliance with the US Securities Act.
SOURCE 6K | ||
Company Codes: ASX:6KA,Australia:6KA,Australia:6KA.AX,Frankfurt:B94.F |
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