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Titomic Ltd ( (AU:TTT) ) has shared an announcement.
Titomic Limited has secured a contract valued at 135,000 Euros for its medium pressure Titomic TKF™ 623 system from the Institute for Sustainability and Innovation in Structural Engineering (ISISE) in Portugal. This deal marks Titomic’s first order in Portugal and highlights its commitment to expanding its technology’s reach across various industries, particularly in the Oil and Gas sector, where its solutions will aid in corrosion protection and other applications. The collaboration with ISISE, a prominent research center in civil and structural engineering, is expected to enhance Titomic’s market positioning and drive strategic growth in the structural engineering field.
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 (ASX: TTT) 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 (Titomic Kinetic Fusion™) technology. The company provides OEM production and R&D services to industries such as Aerospace, Defense, Shipbuilding, Oil & Gas, Mining, and Automotive, with a global presence from its Huntsville, Alabama head office.
Average Trading Volume: 3,155,443
Technical Sentiment Signal: Hold
Current Market Cap: A$330.5M
Find detailed analytics on TTT stock on TipRanks’ Stock Analysis page.