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An update from Titomic Ltd ( (AU:TTT) ) is now available.
Titomic Limited has announced a collaboration with Northrop Grumman to develop high-performance pressure vessels using its cold spray additive manufacturing technology. This partnership marks a strategic shift towards high-value collaborations in the aerospace and defense sectors, aiming to enhance the performance and reduce production schedules of critical components. The collaboration is expected to redefine manufacturing standards for pressure vessels, addressing global supply chain challenges and tapping into a multi-billion-dollar market opportunity.
More about Titomic Ltd
Titomic Limited is an Australian public company that specializes in large integrated solutions for industrial-scale metal additive manufacturing using its patented Titomic Kinetic Fusion™ cold spray technology. The company provides Cold Spray AM solutions, OEM production, and R&D services to global industries such as Aerospace, Defence, Shipbuilding, Oil & Gas, Mining, and Automotive. Titomic operates from its Melbourne head office and has a presence in the USA and Europe.
Technical Sentiment Signal: Sell
Current Market Cap: $162.7M
See more data about TTT stock on TipRanks’ Stock Analysis page.