Superalloys based on platinum-group metals are being developed for high-temperature applications. These alloys have two-phase structures comprising either ordered precipitates in a matrix analogous to the nickel-based superalloys or a fine dispersion of oxide particles in a matrix analogous to oxide-dispersion-strengthened nickel-based alloys. Currently, alloys based on iridium, rhodium, and platinum have been obtained. This article reviews the rationale of developments and the progress made in this area. Oxidation and compression tests as well as characterization with scanning electron microscopy and transmission electron microscopy were undertaken. These tests showed encouraging results, and further work is being done on new alloying additions and tensile testing.