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Titomic Ltd ( (AU:TTT) ) has shared an announcement.
Titomic Limited has successfully completed a hot fire test on a solid rocket motor thrust chamber manufactured using its Titomic Kinetic Fusion™ technology for a major U.S. aerospace and defense prime. This milestone validates the capability of Titomic’s cold spray additive manufacturing to produce high-performance components for aerospace and defense applications, demonstrating exceptional structural integrity and thermal resilience. The achievement underscores the transformative potential of Titomic’s technology in the aerospace and defense sectors, offering rapid production of complex geometries with improved material properties and reduced lead times. This success strengthens Titomic’s position in the market and aligns with its strategy to expand its presence in the Department of Defense and foster partnerships with major defense primes.
The most recent analyst rating on (AU:TTT) stock is a Sell with a A$0.18 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 (Titomic Kinetic Fusion™) technology. The company provides OEM production and R&D services to the global Aerospace, Defense, Shipbuilding, Oil & Gas, Mining, and Automotive industries, with operations based in Huntsville, Alabama, and a presence in Australia and Europe.
Average Trading Volume: 3,070,465
Technical Sentiment Signal: Hold
Current Market Cap: A$322.8M
Learn more about TTT stock on TipRanks’ Stock Analysis page.