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Showing posts with label F-35. Show all posts
Showing posts with label F-35. Show all posts

Thursday, August 27, 2015

IBC Advanced Alloys Appoints Chris Huskamp Acting President of IBC Engineered Materials

IBC Advanced Alloys Corp.IBC Advanced Alloys Corp.
TSX VENTURE :IB
OTCQX : IAALF



August 26, 2015 09:00 ET


WILMINGTON, MASSACHUSETTS and VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 26, 2015) - IBC Advanced Alloys Corp. (OTCQX:IAALF)(TSX VENTURE:IB) ("IBC" or the "Company") is pleased to announce that it has appointed Mr. Chris Huskamp as acting President of its subsidiary IBC Engineered Materials Corp. ("EMC"). Mr. Huskamp is an advanced automotive and aerospace materials expert and has been with the Company since 2011, initially as a consultant, and since 2014, as Vice President of Business and Technical Development.
"I am very excited by the aerospace, automotive and wider market opportunities for IBC and our Beralcast® alloys," said Chris Huskamp, "and look forward to working closely with our growing customer base to realize the potential of these important alloys. Design engineers are increasingly focused on weight savings while cost effectively maintaining strong materials performance," continued Huskamp. "IBC's Beralcast® alloys offer a wide range of excellent benefits and represent an exciting growth opportunity."
Prior to joining IBC, Chris was an Associate Technical Fellow at The Boeing Company in St. Louis where he developed high performance materials solutions for military and commercial aerospace projects. At IBC he has focused on aerospace applications for Beralcast®, the Company's proprietary beryllium aluminum casting alloys, and has been a key member of IBC's team providing Lockheed Martin with Beralcast® components for the F-35 Lightning II program.
"Chris has proven himself an indispensable asset to IBC and its customers and we are excited to be working with him in this new role," said Anthony Dutton, President and CEO of IBC Advanced Alloys. "His experience, enthusiasm and leadership skills will be invaluable for the growth of EMC and Beralcast®."
Mr. Huskamp is replacing Mr. Ray White who has resigned as President of EMC. "Ray White was critical in establishing IBC as a leading supplier of beryllium aluminum cast components," said Anthony Dutton. "I want to thank Ray for his role in founding, developing and positioning EMC for growth."
With his compensation, Mr. Huskamp will be awarded an additional options package with standard vesting provisions. The options, priced at C$0.12, are being awarded as part of an aggregate award of 1,200,000 options to include other consultants, directors and officers.
About IBC Advanced Alloys Corp.
IBC is an integrated manufacturer and distributor of rare metals (beryllium) based alloys and related products serving a variety of industries including nuclear energy, automotive, telecommunications and a range of industrial applications. IBC has 80 employees and is headquartered in Vancouver, Canada with production facilities in Indiana, Massachusetts, Pennsylvania and Missouri. IBC is creating a dynamic global beryllium and advanced alloys company. IBC's common shares are traded on the TSX Venture Exchange under the symbol "IB" and the OTCQX under the symbol "IAALF."
This news release was prepared by management of IBC, which takes full responsibility for its contents. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy of this news release. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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Monday, April 20, 2015

IBC Copper Alloys Receives $1.3 Million Order From Asian Precision Manufacturing Multinational

Tiny Canadian firm, IBC Alloys having breakout year in U.S. Aerospace

Our top pick of 2015 in the Microcap Space, IBC Advanced Alloys Corp, is on a roll.
In the past six months it has signed no less than four (4) new contracts with Aerospace
companies and has many more "irons in the fire". Technicals are extremely bullish.

This small Canadian listed firm, has four operating plants in the USA and the U.S. Aerospace industry is becoming it's oyster.

Here are the headlines:


Up 30% in the past month, IBC Advanced Alloys is making great progress utilizing it's proprietary materials casting technology.  The aerospace industry is only now coming to know this technology and it's benefits.  We think the sky s the limit for this up and comer.

Remember, penny stocks are "highly speculative", and should never constitute more than 5-10% of any portfolio. They are not for the faint of heart. Money you need for retirement should not be invested in "any" speculative stocks.

Having said that, we have been following this tiny gem for over a year now and accumulating it's stock on dips.  From here on in, I doubt if there will be many dips to take advantage of, but that doesn't matter now that contracts are getting signed one after another.

With their foot in the door of U.S. Aerospace and defense contractors, and several new partners in Europe, expansion of this microcap should be astronomical in the coming year or so.  We're holding on the for what we expect will be an incredible ride.

Ed

NOTE: IBC Advanced Alloys is currently a penny stock and trades on the Toronto Venture Exchange under the symbol IB.

It also trades on the OTC in the U.S. under the symbol  IAALF.
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Tuesday, December 3, 2013

Lockheed Martin to use IBC Advanced Alloy in the F-35 Lightning

IBC Advanced Alloys Corp.IBC Advanced Alloys Corp.

TSX VENTURE : IB
OTCQX : IAALF



December 03, 2013 09:00 ET

IBC Engineered Materials Working with Lockheed Martin to Qualify Beralcast® Alloys for F-35 Lightning II Applications


Collaborative work will expand Beralcast® casting applications for F-35 Lightning II and other Lockheed platforms while offering shorter lead times and competitive pricing


WILMINGTON, MASSACHUSETTS--(Marketwired - Dec. 3, 2013) - IBC Advanced Alloys Corp. (OTCQX:IAALF) (TSX VENTURE:IB) ("IBC" or the "Company") reports that its wholly owned US subsidiary, IBC Engineered Materials Corp. ("IB-EMC") is in the final stages of a materials and production qualification process with Lockheed Martin's F-35 Electro-optical Targeting System (EOTS) team based in Orlando, Florida.

IB-EMC is working directly with Lockheed Martin's F-35 EOTS engineering, design and quality teams to develop specific components to demonstrate the technical and commercial viability of the Company's proprietary Beralcast® alloys as effective alternatives to improve lead time and affordability of high performance aerospace components made from beryllium aluminum alloys. As a part of the project IB-EMC has completed several advanced prototype castings which are being used to evaluate Beralcast® alloys and castings for several critical structural and sub- system aerospace components.

The current first phase initiative is to conduct studies of Beralcast® alloys for use on specific optical components on Lockheed Martin's F-35 Lightning II aircraft. This collaboration with Lockheed Martin is also allowing IBC to demonstrate its expertise and industry leadership in offering rapid prototyping and advanced materials solutions to provide investment cast parts to aerospace customers with short lead time and competitive pricing requirements.

"IBC Engineered Materials is excited to be collaborating with Lockheed Martin and believe we will demonstrate the viability of our Beralcast® alloys and cast components as mechanically compliant and cost effective components for the F-35 Lightning II program," said Ray White, President of IB-EMC. "We hope that IBC's partnership and collaboration with Lockheed Martin will advance the potential for our engineered materials products for other aerospace industry initiatives where modulus, weight and cost are important design criteria."

Beralcast® alloys can be used in virtually any high performance application requiring complex, lightweight and high-stiffness parts and can be substituted for aluminum, magnesium, titanium, metal matrix composites as well as pure beryllium or powder metallurgy beryllium-aluminum. Beralcast's® principal alloys are more than three times stiffer than aluminum with 22% less weight and can be precision-cast for simple and complex three-dimensional stability. These high modulus alloys are ideal for high performance industrial and high tech components as well as for a wide range of aerospace applications.

AboutIBC Advanced Alloys Corp.
IBC is an integrated manufacturer and distributor of rare metals (beryllium) based alloys and related products serving a variety of industries including nuclear energy, automotive, telecommunications and a range of industrial applications. IBC has 80 employees and is headquartered in Vancouver, Canada with production facilities in Indiana, Massachusetts, Pennsylvania and Missouri. IBC is creating a dynamic global beryllium and advanced alloys company. IBC's common shares are traded on the TSX Venture Exchange under the symbol "IB" and the OTCQX under the symbol "IAALF".
This news release was prepared by management of IBC, which takes full responsibility for its contents. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy of this news release. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This disclosure contains certain forward-looking statements that involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company's control including: the impact of general economic conditions in the areas in which the Company operates, industry conditions, changes in laws and regulations including the adoption of new environmental laws and regulations and changes in how they are interpreted and enforced, increased competition, the lack of availability of qualified personnel or management, limited availability of raw materials, fluctuations in commodity prices, foreign exchange or interest rates, stock market volatility and obtaining required approvals of regulatory authorities. In addition there are risks and uncertainties associated with manufacturing activities therefore the Company's future results, performance or achievements could differ materially from those expressed in these forward-looking statements. All statements included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. These statements are based on assumptions made by the Company based on its experience, perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances.

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