The company has signed a billion contracts for the Spacex High -performance Special Alloys supply, such as Nickel and Super -Payment, for missiles.
South Korea Company Sphere Corporation, who specializes in providing special alloy aerospace, has signed a Spacex contract for providing $ 1 billion products. The Korea Times reported this Friday, August 1st.
According to the Exchange Post, the deal ended on July 31, and it will act until the end of 2035.
The sphere will provide nickel alloys and super -payment used in the main components of Spacex missiles – machines, nozzles, burning rooms, launchers and fuel systems.
The contract also provides for the possibility of expanding it for another three years after completing the main term. By 2026, the supply volume would be over $ 55 million, while the total expected purchase volume would be $ 1.05 billion.
The company became a first -level supplier for Spacex back in 2023. Only five companies in the world will be able to ensure that making missiles with special alloys has such status.
Sphere notes that supply volumes can grow in accordance with increasing number of missiles of Ilon Mask’s missiles. In May, the US Federal Aviation Department allowed Spacex to increase the number of starship launch – from five to 25 per year.
Earlier it was reported that the American Company Spacex became a leading supplier of services for removal of spacecraft in the interest of the US Department of Defense.
Spacex will create one’s own city in Texas
News from CORRESPONDENT.NET On the telegram and whatsapp. Subscribe to our channels https://t.me/KorresPondentNet and WhatsApp
Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.