Hyperion Materials & Technologies has acquired The Ultra-Met Company, a tungsten carbide manufacturer based in Urbana, Ohio, to expand its capabilities in serving the US aerospace and defense sectors. Ultra-Met works closely with the US Department of War, enhancing Hyperion's position as a stable Western supplier amid global supply chain challenges for critical materials like tungsten carbide and diamond. The acquisition, completed on October 1, 2026, aims to strengthen the supply chain for essential aerospace and defense tooling and components. Ultra-Met employees will join Hyperion’s ownership program, supporting growth and market reach in key industries including aerospace, defense, and energy.
Hyperion Materials & Technologies acquisition news comes as only 14 of 83 Basic Materials-sector US stocks on Pluang rose today. For readers following Basic Materials, here is Pluang's market snapshot as of Oct 14, 2026 21:32 WIB: Endeavour Silver Corp (EXK) traded at USD 7.81 with a 1-day change of -5.22% and 100% buy order activity, i-80 Gold Corp. (IAUX) at USD 1.46 down 5.19%, and Novagold Resources Inc. (NG) at USD 6.29 down 5.13%.
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