Hyperion Metals Executes Option Agreement to Acquire Blacksand Technology, LLC
October 21, 2021
Hyperion Metals has executed a one-year option agreement to acquire Blacksand Technology, LLC, an advanced metals R&D company developing patented low-carbon, low-cost titanium metal and powder technologies. If the option is exercised, the combination aims to create a sustainable advanced materials and critical minerals market leader, leveraging Blacksand’s HAMR technology, patent portfolio, and Utah titanium powder facility.
- Buyers
- Hyperion Metals
- Targets
- Blacksand Technology, LLC
- Industry
- Manufacturing
- Location
- Utah, United States
- Transaction Type
- Buyout
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