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An update from Titomic Ltd ( (AU:TTT) ) is now available.
Titomic has secured a purchase order from Deutsche Bahn Fahrzeuginstandhaltung GmbH for a low-pressure TKF 523 system, marking its first sale into the German railway sector and supporting maintenance of rolling stock components and wider rail infrastructure. The deal extends Titomic’s cold spray additive manufacturing technology into Europe’s largest rail network, reinforcing its strategy to commercialise its platform in high-performance, time-critical applications and positioning rail as a significant growth market alongside its existing work with Australian railway operators.
The most recent analyst rating on (AU:TTT) stock is a Hold with a A$0.24 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 an advanced metal additive manufacturing company that provides large-scale integrated solutions for production, coating and repair of mission-critical components across aerospace, defence, shipbuilding, oil and gas, mining, automotive, energy and industrial markets. Using its proprietary Titomic Kinetic Fusion cold spray technology, the Huntsville, Alabama-based group rapidly manufactures, repairs and protects complex metallic structures without thermal distortion, serving OEM production and R&D clients globally from hubs in the US, Australia and Europe.
Average Trading Volume: 2,579,960
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$401.5M
Learn more about TTT stock on TipRanks’ Stock Analysis page.