Titomic Ltd ( (AU:TTT) ) has issued an update.
Titomic Limited has signed a teaming agreement with REPKON USA to leverage its kinetic fusion cold spray technology in defense manufacturing. This partnership replaces a previous joint venture and focuses on developing applications for cannon barrels, gun barrels, and warheads, enhancing Titomic’s position in the defense and aerospace sectors. The collaboration aims to modernize manufacturing techniques, offering faster and more resilient solutions, and is expected to strengthen the U.S. allied industrial base.
More about Titomic Ltd
Titomic Limited (ASX: TTT) is an Australian public company specializing in large integrated solutions for industrial-scale metal additive manufacturing using its patented kinetic fusion cold spray additive manufacturing technology. The company provides OEM production and R&D services to industries such as Aerospace, Defense, Shipbuilding, Oil & Gas, Mining, and Automotive, with a global presence including offices in Melbourne, USA, and Europe.
YTD Price Performance: -18.42%
Average Trading Volume: 1,075
Technical Sentiment Signal: Sell
Current Market Cap: $198.9M
Learn more about TTT stock on TipRanks’ Stock Analysis page.