The Apex Times
Above the Noise
Business Wire
BusinessMeta Investors Face a New Confidence Test as Concerns Grow Around a Spending Plan With No Clear Payback DateThe Apex TimesBusinessAnalysts flag uncertainty across the pharma pipeline as Pfizer faces its next growth testThe Apex TimesBusinessDisney shares rise after results beat estimates, new TikTok deal points to more video on Disney+The Apex TimesBusinessCaterpillar sales top $20 billion, citing data-center generator demand and stronger North American constructionThe Apex TimesBusinessGE Aerospace shifts its earnings narrative, talking less about a production bottleneck it is still working throughThe Apex TimesBusinessPalantir says it is signing new work faster than it can bill, a pattern reflected in its contract bookThe Apex TimesBusinessStock Movers: Disney’s Profit Beat Lifts Shares, While AMD Slides on a Softer ForecastThe Apex TimesBusinessNVIDIA CEO Jensen Huang’s biotech pick highlights the push to use AI in drug discoveryThe Apex TimesBusinessMorgan Stanley flags an improving tech selling backdrop after Gartner’s Q2 beatThe Apex TimesBusinessCircle names Visa, Mastercard and BlackRock as validators for September Arc test network launchThe Apex TimesBusinessMicrosoft’s Azure annual sales topped $100 billion in fiscal 2026, reinforcing cloud momentum but raising valuation questionsThe Apex TimesBusinessGoogle plans to retire the Android Assistant as Gemini expands, changing the timing of mobile ad targetingThe Apex TimesBusinessMeta Investors Face a New Confidence Test as Concerns Grow Around a Spending Plan With No Clear Payback DateThe Apex TimesBusinessAnalysts flag uncertainty across the pharma pipeline as Pfizer faces its next growth testThe Apex TimesBusinessDisney shares rise after results beat estimates, new TikTok deal points to more video on Disney+The Apex TimesBusinessCaterpillar sales top $20 billion, citing data-center generator demand and stronger North American constructionThe Apex TimesBusinessGE Aerospace shifts its earnings narrative, talking less about a production bottleneck it is still working throughThe Apex TimesBusinessPalantir says it is signing new work faster than it can bill, a pattern reflected in its contract bookThe Apex TimesBusinessStock Movers: Disney’s Profit Beat Lifts Shares, While AMD Slides on a Softer ForecastThe Apex TimesBusinessNVIDIA CEO Jensen Huang’s biotech pick highlights the push to use AI in drug discoveryThe Apex TimesBusinessMorgan Stanley flags an improving tech selling backdrop after Gartner’s Q2 beatThe Apex TimesBusinessCircle names Visa, Mastercard and BlackRock as validators for September Arc test network launchThe Apex TimesBusinessMicrosoft’s Azure annual sales topped $100 billion in fiscal 2026, reinforcing cloud momentum but raising valuation questionsThe Apex TimesBusinessGoogle plans to retire the Android Assistant as Gemini expands, changing the timing of mobile ad targetingThe Apex TimesBusinessMeta Investors Face a New Confidence Test as Concerns Grow Around a Spending Plan With No Clear Payback DateThe Apex TimesBusinessAnalysts flag uncertainty across the pharma pipeline as Pfizer faces its next growth testThe Apex TimesBusinessDisney shares rise after results beat estimates, new TikTok deal points to more video on Disney+The Apex TimesBusinessCaterpillar sales top $20 billion, citing data-center generator demand and stronger North American constructionThe Apex TimesBusinessGE Aerospace shifts its earnings narrative, talking less about a production bottleneck it is still working throughThe Apex TimesBusinessPalantir says it is signing new work faster than it can bill, a pattern reflected in its contract bookThe Apex TimesBusinessStock Movers: Disney’s Profit Beat Lifts Shares, While AMD Slides on a Softer ForecastThe Apex TimesBusinessNVIDIA CEO Jensen Huang’s biotech pick highlights the push to use AI in drug discoveryThe Apex TimesBusinessMorgan Stanley flags an improving tech selling backdrop after Gartner’s Q2 beatThe Apex TimesBusinessCircle names Visa, Mastercard and BlackRock as validators for September Arc test network launchThe Apex TimesBusinessMicrosoft’s Azure annual sales topped $100 billion in fiscal 2026, reinforcing cloud momentum but raising valuation questionsThe Apex TimesBusinessGoogle plans to retire the Android Assistant as Gemini expands, changing the timing of mobile ad targetingThe Apex TimesBusinessMeta Investors Face a New Confidence Test as Concerns Grow Around a Spending Plan With No Clear Payback DateThe Apex TimesBusinessAnalysts flag uncertainty across the pharma pipeline as Pfizer faces its next growth testThe Apex TimesBusinessDisney shares rise after results beat estimates, new TikTok deal points to more video on Disney+The Apex TimesBusinessCaterpillar sales top $20 billion, citing data-center generator demand and stronger North American constructionThe Apex TimesBusinessGE Aerospace shifts its earnings narrative, talking less about a production bottleneck it is still working throughThe Apex TimesBusinessPalantir says it is signing new work faster than it can bill, a pattern reflected in its contract bookThe Apex TimesBusinessStock Movers: Disney’s Profit Beat Lifts Shares, While AMD Slides on a Softer ForecastThe Apex TimesBusinessNVIDIA CEO Jensen Huang’s biotech pick highlights the push to use AI in drug discoveryThe Apex TimesBusinessMorgan Stanley flags an improving tech selling backdrop after Gartner’s Q2 beatThe Apex TimesBusinessCircle names Visa, Mastercard and BlackRock as validators for September Arc test network launchThe Apex TimesBusinessMicrosoft’s Azure annual sales topped $100 billion in fiscal 2026, reinforcing cloud momentum but raising valuation questionsThe Apex TimesBusinessGoogle plans to retire the Android Assistant as Gemini expands, changing the timing of mobile ad targetingThe Apex Times
Back to front
NioCorp and Lockheed Martin sign a memorandum on potential long-term scandium supply
The Apex Times

THE APEX TIMES

Business/The Apex Times/Aug 5, 11:29 AM EDT

NioCorp and Lockheed Martin sign a memorandum on potential long-term scandium supply

The nonbinding agreement aims to position a future U.S.-based scandium supply chain, aligning materials development with defense-adjacent manufacturing needs.

2 min readEditor-approved Apex article

NioCorp has entered a memorandum of understanding with Lockheed Martin exploring the possibility of a long-term supply of scandium, according to a market report published August 5, 2026.

The arrangement is described as a potential framework rather than a finalized commercial deal. A memorandum of understanding typically outlines preliminary terms or an intent to negotiate further, but it does not, by itself, guarantee deliveries, pricing, or project timelines.

The report says the discussions could support development of a domestic U.S. scandium supply. For Lockheed Martin, which operates across aerospace and defense programs, the goal would be to reduce uncertainty around access to specialty materials that can be difficult to source consistently.

Lockheed Martin is the parent company for a broad portfolio of defense and aerospace work, and materials supply planning is closely tied to program schedules and production constraints. In that context, a long-duration sourcing conversation like this can be an early step in aligning downstream needs with upstream development.

NioCorp, a company focused on bringing scandium production to scale, would benefit from credible offtake discussions that can strengthen project planning and financing prospects. Even when an agreement is nonbinding, it can announcement that a potential end user is monitoring supply options.

The post did not provide details on the expected contract size, start date, facility locations, delivery quantities, or whether any binding purchase agreement is planned. It also did not disclose whether the memorandum covers both U.S. production and specific customer qualification processes.

It was also not clear from the report whether Lockheed Martin will use the material in a particular program or whether the discussions are meant to cover a broader range of manufacturing and supply requirements over time.

Next, investors and defense-industry watchers will want to see whether the memorandum progresses into a binding supply agreement, along with any additional disclosure on quantities, timing, and how any domestic production goal is being structured.

Why It Matters

  • Specialty-material supply planning can affect program schedules, particularly when supply is constrained or dependent on a limited number of producers.
  • A potential long-term framework can help upstream developers like NioCorp reduce uncertainty around future demand.
  • If the memorandum advances, it could announcement greater industry focus on building domestic sourcing capacity for nonstandard inputs.
  • The lack of disclosed terms means the timeline and commercial impact remain uncertain until further filings or agreements are announced.

Sources

Key Facts

  • NioCorp signed a memorandum of understanding with Lockheed Martin covering potential long-term scandium supply.
  • The agreement is presented as a framework for future negotiations rather than a completed contract.
  • The memorandum is described as supporting development of a domestic U.S. scandium supply.
  • The market report did not include contract terms such as quantities, pricing, or delivery schedules.
  • No specific Lockheed Martin program or application for scandium was identified in the published post.

Defense Related

NioCorp and Lockheed Martin sign a memorandum on potential long-term scandium supply | The Apex Times