Blockchain Registration Transaction Record

Ucore's $18.4M DoD Award Boosts Rare Earth Tech for National Security

Ucore Rare Metals secures $18.4M from DoD for RapidSX technology, enhancing U.S. supply chains for critical defense materials. Learn more about this strategic investment.

This news is crucial as it highlights the U.S. government's commitment to securing domestic supply chains for rare earth elements, which are vital for national defense and technological innovation. By investing in Ucore's RapidSX technology, the Pentagon is addressing vulnerabilities in the supply chain that could affect military readiness and economic security. This move not only strengthens national defense but also supports the growth of domestic industries and reduces dependence on foreign sources for critical materials.