B. Riley Principal Investments

IperionX is a developer of sustainable titanium metal and critical materials, focusing on advanced industries such as aerospace, space, electric vehicles, and 3D printing. The company employs patented technologies to produce high-performance titanium alloys from titanium minerals and scrap while minimizing energy consumption, costs, and carbon emissions. IperionX operates a pilot facility in Utah that produces titanium metal powders from scrap, showcasing its commitment to low-carbon manufacturing. Additionally, the company holds the Titan Project in Tennessee, which encompasses over 11,000 acres of mineral resources, including titanium, rare earth elements, silica sand, and zircon. These materials are vital for various U.S. industries, including defense and consumer electronics, aligning with the country’s goals for sustainable and advanced material supply chains.

AppHarvest, Inc. is a food production company based in Lexington, Kentucky, established in 2017. It focuses on building and operating controlled-environment greenhouse farms that utilize advanced technology to grow non-GMO, chemical-free vegetables. By combining traditional agricultural practices with modern innovations, AppHarvest aims to create a sustainable and climate-resilient food system. The company's greenhouses are designed to optimize water usage, distributing more while significantly reducing overall consumption. Through its efforts, AppHarvest seeks to address the challenges of food production in a changing climate, contributing to a more sustainable agricultural landscape.