Titomic Ltd (AU:TTT) has released an update.
Titomic Ltd, an Australian company leading in cold spray additive manufacturing technology, is establishing its operational headquarters and a new manufacturing facility in Huntsville, Alabama, to cater to the increasing demand from the U.S. defense and aerospace sectors. This move signifies Titomic’s commitment to align with the U.S. market’s needs and supports its expansion strategy, following its recent growth in European operations. Local officials have expressed strong support for Titomic’s decision, emphasizing the company’s technological fit for the region’s innovative community.
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