6K Additive Acquires Global Metal Powders, LLC Strengthening the Company's Position as a Leader in Sustainable Titanium and Refractory Metal Powder Production

The acquisition adds proprietary technology for processing titanium and refractory metals in addition to high-purity chromium powder manufacturing to 6K Additive's business lines.

PITTSBURGH, Nov. 2, 2023 /PRNewswire/ -- 6K Additive, a division of 6K Inc. and leader in the sustainable production of materials for additive manufacturing and metal alloys, today announced it has acquired Global Metal Powders (GMP) for an undisclosed amount. The acquisition brings additional proprietary manufacturing and recycling capabilities used in preparing material before the UniMelt^® spheroidizing process. In combination with the recently announced doubling of manufacturing capacity, the acquisition solidifies 6K Additive's position as the world leader in sustainable titanium and refractory metal powder production. Using GMP's proprietary technology, 6K Additive will manufacture customized powders from a variety of revert streams across many metal alloys including, titanium (Ti), chromium (Cr), molybdenum (Mo), niobium (Nb), tantalum (Ta), and tungsten (W). GMP's manufacturing plant is based in New Castle, PA, and 6K Additive will continue manufacturing processes at this facility.

"As the market for sustainably produced powder continues to grow, 6K Additive is the only one equipped to meet the manufacturing volumes demanded by customers for sustainably produced powder, specifically titanium and refractory metals," said Frank Roberts, President of 6K Additive. "Adding the operational horsepower that GMP brings to our organization allows us to not only keep pace with the high demand we are seeing for our powders but also further close the recycling loop, which leads to a lower overall part cost for our customers. We welcome the team at GMP to our organization, and we are excited to add their technology and expertise to help advance our leadership position."

Henry Brougham, Founder and Principal of GMP, added, "We are excited to be part of the 6K Additive team and look forward to helping expand their market-leading organization with our proprietary technology. Combining both organizations' years of experience and knowledge, we will propel the company's processing and feedstock preparation to new heights. When you add our expertise in the refractory market, we are confident GMP will enhance 6K Additive's leadership position within this rapidly growing market."

6K Additive is the world's first producer of AM powder made from sustainable sources and offers a full suite of premium powder, including nickel, titanium, copper, stainless steel, aluminum alloys, and refractory metals such as tungsten, niobium, and rhenium. The proprietary UniMelt^Ò system is the world's only microwave production-scale plasma system, with a highly uniform and precise plasma zone, zero contamination and high throughput production capabilities. Last year, the company released results from an LCA study conducted by Foresight Management comparing the environmental impact of 6K's UniMelt microwave plasma technology to current atomization technologies to produce metal powders. The results showed reductions of 90% in energy usage and carbon emissions for its nickel-based alloys and a 75% reduction for its titanium alloys. Companies interested in working with 6K Additive regarding their specific powder requirements are urged to visit 6K Additive's website 6KAdditive.com.

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About 6K

With sustainability at its core, 6K has developed UniMelt®, a proprietary advanced microwave plasma production system, to transform engineered materials into revolutionary products that advance industries across additive manufacturing, renewable energy, aerospace, consumer electronics, and more. 6K represents 6000 degrees, both the temperature of the operation of UniMelt®, the world's only microwave production scale plasma system, and the temperature of the sun's surface. 6K was founded in North Andover, Massachusetts.

The 6K Energy division is focused on the production of low-cost, sustainable, and domestically produced battery material accelerating the pace of battery production and adoption of electric vehicles. The 6K Additive division specializes in sustainably sourced, AM metal powders production and reclamation, using a proprietary milling and cleaning process that ensures contamination-free, high-quality powders. For more information, visit www.6Kinc.com.