Titanium Metals Corporation has been selected by the US Defense Advanced Research Projects Agency to receive approximately USD 12.3 million in government funding over the next four years to lead a program aimed at commercialising the “FFC Cambridge Process.” This process, developed by Dr Derek Fray and others at the University of Cambridge, represents a potential breakthrough technology in the process of extracting titanium from titanium-bearing ores. TIMET will be leading a team of scientists from major defence contractors, including General Electric Aircraft Engines, United Defense Limited Partners and Pratt & Whitney (a division of United Technologies Corporation), as well as the University of California at Berkeley and the University of Cambridge. In connection with the programme, TIMET has negotiated a development and production license for the technology from British Titanium plc. TIMET will conduct the development work at its technical laboratory in Henderson, Nevada.