| IBC Advanced Alloys Corp. - IB.v is a leading rare metals advanced alloys developer and manufacturer, with a focus on specialty copper alloys and high performance beryllium aluminum castings.|
IBC's engineered solutions are essential for high technology products used in a broad range of sectors including nuclear power, automotive, oil and gas, electronics and aerospace.
IBC Advanced Alloys Corp. (TSX-V: IB; OTCQB: IAALD) (“IBC” or the “Company”) a leading beryllium and copper advanced alloys company, announced that it has entered into a joint development contract with BAE Systems (LON: BA) (“BAE Systems”) for production of prototype articles for BAE Systems.
The contract with BAE Systems marks a significant expansion of IBC's work with global aerospace manufacturers interested in utilizing IBC's proprietary Beralcast® materials. IBC has already qualified Beralcast® with another major aerospace and defense manufacturer for use in the F-35 Joint Strike Fighter system.
Under the contract with BAE Systems, IBC will develop initial prototype components in order to demonstrate the form-fit-function of Beralcast® casted products for BAE Systems’ specific applications.