Titomic Ltd (AU:TTT) has released an update.
Titomic Ltd has reported strong sales of its innovative cold spray technology systems, including a significant USD 790,000 deal with OMIC R&D and a AUD 1.2 million sale to Triton Systems, indicating robust growth in the defence sector. The company also made headway in the energy sector by deploying its D523 system for offshore corrosion remediation with Woodside Energy. These developments, along with substantial advances in global defence contracts and sales of multiple systems, underscore Titomic’s expansion and its promising outlook for commercialisation and revenue generation.
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