6K Additive Awarded US$1.95M by Defense Logistics Agency
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
South 8 Technologies Executes $9.2M PowerForward Grant Agreement to Expand Advanced Battery Manufacturing in San Diego
South 8 Technologies (South 8), a California-based advanced battery company, today announced the execution of a funding agreement under the PowerForward Battery Manufacturing Grant Program, administered by CALSTART with support from New Energy Nexus (NEX), UC Berkeley Labor Center and funded by the California Energy Commission (CEC).