Titomic Ltd ( (AU:TTT) ) has issued an update.
Titomic Ltd is strategically expanding its operations with a new facility in Huntsville, Alabama, set to open in June 2025, positioning itself near key U.S. defense and aerospace organizations. The company’s collaborations with major primes like Northrop Grumman and advancements in cold spray technology underscore its growing influence in the industry. The establishment of a U.S. Strategic Advisory Group and partnerships with institutions like the University of Alabama in Huntsville further solidify its market position. Financially, Titomic reported AUD 2.5 million in customer receipts for Q3 FY2025, with significant investments in its U.S. expansion and technology development.
More about Titomic Ltd
Titomic Ltd is a company operating in the additive manufacturing industry, specializing in metal restoration, wear resistance, corrosion protection, and conductive coatings. The company focuses on defense, aerospace, energy, and critical infrastructure sectors, leveraging its Titomic Kinetic Fusion™ technology to offer innovative manufacturing solutions.
YTD Price Performance: -18.42%
Average Trading Volume: 1,075
Technical Sentiment Signal: Sell
Current Market Cap: $196M
For detailed information about TTT stock, go to TipRanks’ Stock Analysis page.