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Norsk Titanium Expands into Industrial and Defense Sectors with New Contracts

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Norsk Titanium Expands into Industrial and Defense Sectors with New Contracts

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Norsk Titanium AS ( (DE:84F) ) has shared an update.

Norsk Titanium has secured contracts with two new customers in the Industrial and Defense sectors, expected to generate revenue in the latter half of the year. These contracts highlight the company’s strategic expansion beyond its primary aerospace market, leveraging its RPD® technology to meet the demand for faster, more efficient production processes. The agreements reflect significant market opportunities and potential recurring revenue streams, strengthening Norsk Titanium’s industry positioning and operational growth.

More about Norsk Titanium AS

Norsk Titanium is a global leader in metal 3D printing, specializing in aerospace-grade structural titanium components using its proprietary Rapid Plasma Deposition® (RPD®) technology. The company focuses on providing cost-efficient, sustainable manufacturing solutions that significantly reduce raw material, energy, and time compared to traditional methods. Norsk Titanium serves a large addressable market, including commercial aerospace, defense, and industrial sectors.

Average Trading Volume: 3,813,793

Current Market Cap: NOK1.46B

For a thorough assessment of 84F stock, go to TipRanks’ Stock Analysis page.

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