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Titomic Ltd ( (AU:TTT) ) just unveiled an update.
Titomic Limited has secured its first Low Rate Initial Production (LRIP) order for specialized components in the semiconductor industry, marking a significant commercial milestone. This order, following the successful validation of its Titomic Kinetic Fusion™ process, positions the company to expand its presence in high-performance manufacturing sectors. The LRIP phase is crucial for transitioning to full-scale production, with expectations for further orders in 2026 to be fulfilled at its advanced facility in the Netherlands. This development underscores Titomic’s strategy of targeting high-value, technologically demanding markets and reflects growing market confidence in its capabilities.
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, with operations based in Huntsville, Alabama, and a presence in Australia and Europe.
Average Trading Volume: 3,155,443
Technical Sentiment Signal: Hold
Current Market Cap: A$330.5M
Learn more about TTT stock on TipRanks’ Stock Analysis page.