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An update from K-TIG Ltd ( (AU:MPW) ) is now available.
Metal Powder Works Limited has signed an agreement with Westinghouse Electric Company to supply metal powders for evaluation in additively manufactured components for the nuclear sector. This contract is a significant milestone, highlighting the precision of MPW’s DirectPowder™ process and the growing role of additive manufacturing in the nuclear market, which is projected to grow significantly. The partnership with Westinghouse, a leader in nuclear energy, underscores MPW’s strategic engagement with major industrial and government partners, aiming to expand its footprint in sectors like aerospace, defense, and energy.
More about K-TIG Ltd
Metal Powder Works Limited (ASX: MPW) is a Pittsburgh-based company specializing in the production of high-quality metal powders for additive manufacturing and other advanced applications. The company has developed a patented, non-thermal powder production process called DirectPowder™, which represents a significant innovation in powder manufacturing. MPW produces over 16 types of powders, including high-strength aluminum, copper, copper-nickel alloys, and specialty alloys like CP-Ti and Zircaloy.
Average Trading Volume: 677,400
Technical Sentiment Signal: Sell
Current Market Cap: A$64.1M
For detailed information about MPW stock, go to TipRanks’ Stock Analysis page.