Oxide dispersion strengthened alloys (ODS) are alloys that consist of a metal matrix with small oxide particles dispersed within it. They have high heat resistance, strength, and ductility. Alloys of nickel are the most common but includes iron aluminum alloys. 
Applications include high temperature turbine blades and heat exchanger tubing, while steels are used in nuclear applications. ODS materials are used on spacecraft to protect the vehicle, especially during re-entry. Noble metal ODS alloys, for example, platinum-based alloys, are used in glass production.
When it comes to re-entry at hypersonic speeds, the properties of gases change dramatically. Shock waves that can cause serious damage on any structure are created. At these speeds and temperatures, oxygen becomes aggressive.