Hyperion’s mission is to be the leading developer of zero-carbon, sustainable, critical material supply chains for advanced American industries including space, aerospace, electric vehicles and 3D printing. Hyperion holds a 100% interest in the Titan Project, covering approximately 11,000 acres of titanium, rare earth minerals, high-grade silica sand and zircon rich mineral sands properties in Tennessee, USA.

Hyperion has secured an option to acquire Blacksand Technology, LLC, which holds the rights to produce low carbon titanium metal and spherical powers using the breakthrough HAMR & GSD technologies. The HAMR & GSD technologies were invented by Dr. Z. Zak Fang and his team at the University of Utah with government funding from ARPA-E. The HAMR technology has demonstrated the potential to produce titanium powders with low-to-zero carbon intensity, significantly lower energy consumption, significantly lower cost and at product qualities which exceed current industry standards. The GSD technology is a thermochemical process combining low-cost
feedstock material with high yield production and can produce spherical titanium and titanium alloy powders at a fraction of the cost of comparable commercial powders.

Hyperion also has signed an MOU to establish a partnership with Energy Fuels (NYSE:UUUU) that aims to build an integrated, all-American rare earths supply chain. The MOU will evaluate the potential supply of rare earth minerals from Hyperion’s Titan Project to Energy Fuels for value added processing at Energy Fuels’ White Mesa Mill. Rare earths are highly valued as critical materials for magnet production essential for wind turbines, EVs, consumer electronics and military applications.