Titomic Ltd (AU:TTT) has released an update.
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Australian metal additive manufacturing firm Titomic Ltd has announced a significant sale of its high-pressure cold spray system to OMIC R&D in the United States, valued at USD 790,000 (AUD 1.2m). This strategic move is expected to bolster Titomic’s presence in the U.S. market, particularly within the aerospace and defence sectors, by enabling OMIC R&D to advance its research and development capabilities in additive manufacturing. The partnership is anticipated to highlight the benefits of Titomic’s proprietary technology and drive further growth and sales opportunities.
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