Powder Metallurgy is a continually and rapidly evolving technology used in most metallic and alloy materials. Powder metallurgy components are being used in ever increasing quantities in a wide variety of industries as the technology combines unique technical features with cost effectiveness. In this newsletter, Baverstam addresses breakthroughs in the field of powder metallurgy and surveys leading trends in related applications. New metallurgical product development opportunities such as free form direct metal forming, metal injection molding that are enabled by powder metallurgy processing are discussed and recent achievements in new sintering part forming and new functional coatings and deposition techniques are reported. Novel applications for powdered metals, particularly nanoparticles are also discussed and recent developments in this area are reported.