6K Additive Completes AUS$48 Million IPO to Expand Metal Powder Production and Strengthen Domestic Supply Chains!

6K Additive, the metal powder division of 6K based in North Andover, Massachusetts, has successfully completed its AUS$48 million IPO on the Australian Stock Exchange (ASX), where it will trade under the ticker 6KA. The offering, priced at AUS$1.00 per CDI, gives the company an initial market capitalization of approximately AUS$267 million and an enterprise value of AUS$206 million. The IPO attracted strong interest from institutional investors, family offices and sophisticated investors both in Australia and internationally, demonstrating broad confidence in 6K Additive’s strategy and long-term growth potential.

According to Frank Roberts, CEO and Managing Director of 6K Additive, the successful listing will accelerate the company’s roadmap for scaling production and broadening its portfolio of advanced materials. As a qualified strategic supplier to the U.S. Department of War and Tier-1 defense contractors, 6K Additive plays a critical role in supplying high-performance materials for defense, aerospace, energy, medical and next-generation technologies. The infusion of capital from the IPO will support the company’s mission to provide a domestic, scalable and secure supply of critical materials, including those required for applications such as hypersonics, nuclear fusion, medical implants and rocket-engine development.

The company’s expansion plans are further supported by a US$23.4 million Defense Production Act (DPA) Title III grant, enabling 6K Additive to boost its metal powder production capacity from roughly 200 metric tons to 1,000 metric tons annually—more than a fivefold increase. This expansion will also allow the company to begin producing commercial ingots, broadening its capabilities and unlocking additional revenue streams. At 6K’s 45-acre headquarters in Burgettstown, Pennsylvania, construction is already underway to accommodate these growth initiatives. Plans include deploying up to ten new UniMelt systems, expanding feedstock preparation, adding melting operations for ingot production and building a dedicated refractory facility.

In addition to the IPO and federal funding, 6K Additive recently secured approval for a US$27.4 million Export-Import Bank loan (EXIM Loan). This low-cost, long-term financing will support construction of four new buildings and the acquisition of advanced equipment dedicated to producing titanium powders, nickel powders and alloy additions. These investments strengthen 6K Additive’s position as the premier domestic supplier of metal powders, reinforcing supply chain resilience for high-value U.S. manufacturing programs.

The company’s commercial momentum continues to accelerate. As of November 2025, 6K Additive’s sales pipeline has grown to US$240 million, reflecting a US$10 million increase in just two months. This surge in demand underscores the market’s appetite for high-quality, sustainably produced metal powders enabled by UniMelt technology. With ongoing market expansion, 6K plans to prioritize scaling operations, optimizing production metrics and enhancing value delivery to its customers.

David Seldin, Chairman of 6K Additive’s Board and Managing Partner at Anzu Partners, highlighted the company’s exceptional progress, noting its evolution into a leading domestic supplier of metal powders and alloy additions. With strong investor backing, advanced technology, deep partnerships with U.S. defense agencies and a skilled workforce, 6K Additive is well positioned for significant growth over the next several years.

The successful IPO marks a pivotal moment for 6K Additive as it accelerates production capabilities, strengthens domestic manufacturing and supports critical-sector innovation through advanced material technologies.