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Norsk Titanium AS ( (DE:84F) ) has issued an update.
Norsk Titanium AS reported a 54% increase in revenue for the first half of 2025, reaching USD 2.0 million, but faced slower-than-expected transitions in commercial aerospace, delaying its breakeven target to early 2027. The company aims to diversify its revenue base, targeting USD 70 million in 2026, supported by firm contracts and advanced negotiations across commercial aerospace, defense, and industrial markets. To support its updated business plan, Norsk Titanium plans to raise approximately USD 15 million in equity, with backing from its largest shareholders, to fund operations through to breakeven.
More about Norsk Titanium AS
Norsk Titanium is a global leader in metal 3D printing, specializing in innovative and sustainable manufacturing processes through its proprietary Rapid Plasma Deposition® (RPD®) technology. The company focuses on providing cost-efficient 3D printing of metal parts to a large addressable market, with significant traction in commercial aerospace, defense, and industrial sectors.
Average Trading Volume: 2,411,700
Current Market Cap: NOK1.33B
For an in-depth examination of 84F stock, go to TipRanks’ Overview page.