K-TIG Acquires Innovative U.S. Metal Powder Firm

K-TIG Ltd (AU:KTG) has released an update.

K-TIG Ltd has entered a binding agreement to acquire Metal Powder Works, a U.S.-based company known for its innovative DirectPowder™ process. This acquisition marks a significant shift for K-TIG, enhancing its focus on producing high-quality metal powders for additive manufacturing. The DirectPowder™ process is notable for its high yield and environmental benefits, promising to revolutionize powder production with its efficiency and low emissions.

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