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Titomic Ltd ( (AU:TTT) ) has provided an update.
Titomic Limited has announced the establishment of a new UK subsidiary, Titomic UK Limited, as part of its global growth strategy. This expansion aims to enhance the company’s presence in the UK market, particularly in aerospace, defense, energy, and infrastructure sectors. Les Gregory has been appointed as Vice President for Business Development in the UK, bringing over 40 years of experience in the defense and manufacturing sectors. Titomic UK will serve as a regional hub for delivering high-performance protective coatings, structural repairs, and additive manufacturing, aligning with the company’s mission to redefine additive manufacturing boundaries. The move is expected to strengthen Titomic’s industrial and strategic contributions within NATO and AUKUS frameworks, enhancing partnerships and capabilities across allied nations.
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 Limited is a leading American manufacturing company specializing in large integrated solutions for industrial-scale metal additive manufacturing, coating, and repairs using its patented kinetic fusion cold spray technology, Titomic Kinetic Fusion™. The company provides OEM production and R&D services to global industries such as Aerospace, Defense, Shipbuilding, Oil & Gas, Mining, and Automotive. Titomic operates from its head office in Huntsville, Alabama, with a presence in Australia and Europe.
YTD Price Performance: 47.37%
Average Trading Volume: 2,325,883
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$371.2M
See more data about TTT stock on TipRanks’ Stock Analysis page.