Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest update is out from Titomic Ltd ( (AU:TTT) ).
Titomic Ltd has announced the opening of a new 59,000 square foot facility in Huntsville, Alabama, marking a significant expansion into the U.S. market. This strategic move positions Titomic at the center of a major defense and aerospace hub, enhancing their manufacturing capabilities and strengthening partnerships with key industry players like Boeing and Northrop Grumman. The company has also secured a domestic supply chain for titanium powder in the U.S., received orders for its D623 cold spray system, and achieved significant milestones in Europe and Asia Pacific, including grant funding and successful demonstrations of their technology. These developments underscore Titomic’s commitment to scaling its operations globally and capturing high-value opportunities across its target sectors.
The most recent analyst rating on (AU:TTT) stock is a Buy with a A$0.50 price target. To see the full list of analyst forecasts on Titomic Ltd stock, see the AU:TTT Stock Forecast page.
More about Titomic Ltd
Titomic Ltd is a company operating in the additive manufacturing industry, specializing in advanced cold spray technology. Their primary products and services include metal restoration, wear resistance, corrosion protection, and conductive coatings, with a market focus on defense, aerospace, and infrastructure sectors.
Average Trading Volume: 2,240,410
Technical Sentiment Signal: Buy
Current Market Cap: A$358M
For an in-depth examination of TTT stock, go to TipRanks’ Overview page.