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Norsk Titanium AS ( (DE:84F) ) just unveiled an update.
Norsk Titanium AS has completed the registration of a share capital increase following a subsequent offering of 40,726,800 new shares, bringing the company’s registered share capital to NOK 82,195,994.08. This development is expected to enhance the company’s financial position and support its growth strategy in the metal 3D printing industry, potentially benefiting stakeholders by improving input cost management and environmental impact.
More about Norsk Titanium AS
Norsk Titanium is a global leader in metal 3D printing, pioneering a shift towards clean and sustainable manufacturing processes. Utilizing its proprietary Rapid Plasma Deposition® (RPD®) technology, the company offers cost-efficient 3D printing of metal parts, significantly reducing raw material, energy, and time consumption compared to traditional methods. Norsk Titanium serves a large market, including commercial aircraft, defense, and industrial sectors, with an annual revenue capacity of approximately USD 300 million.
Average Trading Volume: 4,410,912
Current Market Cap: NOK1.1B
Learn more about 84F stock on TipRanks’ Stock Analysis page.