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K-TIG Ltd ( (AU:MPW) ) has issued an update.
Metal Powder Works Limited has reported significant growth in its September 2025 quarterly report, highlighted by a $1 million AUD sale of its expeditionary DirectPowder™ production unit to the US Navy, which positions the company as a key player in defense additive manufacturing. The company has expanded its customer base by 50% since March 2025, developed four new metal powders, and achieved a gross margin of over 50%. Additionally, MPW has secured validation programs for copper alloys and entered the global laser cladding market, with a strong cash balance of $19.3 million AUD and a successful capital raise of $15 million AUD to support its growth strategy.
More about K-TIG Ltd
Metal Powder Works Limited (ASX: MPW) is a producer of high-quality metal powders for additive manufacturing and other advanced applications. The company focuses on developing specialized metal powders, including Titanium and Aluminum alloys, for various industries, including defense and energy sectors.
Average Trading Volume: 422,620
Technical Sentiment Signal: Sell
Current Market Cap: A$432.3M
See more data about MPW stock on TipRanks’ Stock Analysis page.