TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
The latest announcement is out from K-TIG Ltd ( (AU:MPW) ).
Metal Powder Works Limited has signed a new contract with Westinghouse Electric Company to optimize powder performance for nuclear applications, building on a previous phase of collaboration. This agreement underscores MPW’s technical capabilities and strengthens its strategic relationship with a leading player in the nuclear energy sector. The contract, while not financially material, is strategically significant as it aligns with the growing nuclear sector and additive manufacturing market, which are projected to expand significantly in the coming years. This partnership positions MPW as a key supplier in the nuclear industry, with potential implications for its operations and market positioning.
The most recent analyst rating on (AU:MPW) stock is a Hold with a A$3.00 price target. To see the full list of analyst forecasts on K-TIG Ltd stock, see the AU:MPW Stock Forecast page.
More about K-TIG Ltd
Metal Powder Works Limited (ASX: MPW) is a company based in Pittsburgh, USA, 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 a variety of powders, including high-strength aluminum, copper, copper-nickel alloys, and specialty alloys such as CP-Ti and Zircaloy.
Average Trading Volume: 409,040
Technical Sentiment Signal: Sell
Current Market Cap: A$416.5M
See more data about MPW stock on TipRanks’ Stock Analysis page.