DoD follow-on production award — Ucore ($18.4 million)

US$18.4 million follow-on first-stage production award from the U.S. Department of Defense to Ucore Rare Metals, provided as a fixed amount by amending the company's existing Other Transaction Agreement with U.S. Army Contracting Command-Orlando, bringing total OTA funding to US$22.4 million. Announced May 14, 2025; Ucore reported the definitive contract executed in its June 2, 2025 release. The award facilitates construction of Ucore's first commercial RapidSX machine and supporting infrastructure at the Strategic Metals Complex in Alexandria, Louisiana, and amounts received under the OT Agreement are non-repayable. Typed as a cooperative-agreement, the closest schema type for an Other Transaction Agreement amendment; the cited source attributes the award to the DoD OTA via ACC-Orlando and does not name a specific program such as DPA Title III.

Facts on this page last re-verified Aug 11, 2026 — the oldest verification date among its current claims. How we verify.