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Titomic Ltd ( (AU:TTT) ) has provided an update.
Titomic Limited has inaugurated a new facility in Heerenveen, Netherlands, significantly expanding its European operations. This facility, five times larger than its previous European location, is equipped with advanced cold spray manufacturing capabilities, including a Titomic Kinetic Fusion™ system, and aims to support industries such as aerospace, defense, energy, and automotive. The opening ceremony featured astronaut André Kuipers and included the signing of a Memorandum of Understanding with Fraunhofer, highlighting Titomic’s commitment to innovation and collaboration. This expansion positions Titomic as a leader in sustainable manufacturing solutions, enhancing its capacity to deliver high-performance cold spray technology and strengthening its industry partnerships.
The most recent analyst rating on (AU:TTT) stock is a Buy with a A$0.50 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 technology. The company provides OEM production and R&D services to global industries including Aerospace, Defense, Shipbuilding, Oil & Gas, Mining, and Automotive. Titomic operates from its Huntsville, Alabama Head Office, with a presence in Australia and Europe.
YTD Price Performance: 39.47%
Average Trading Volume: 2,340,393
Technical Sentiment Signal: Buy
Current Market Cap: A$404.3M
Find detailed analytics on TTT stock on TipRanks’ Stock Analysis page.