Titomic announced a major advancement in its operations within the US aerospace and defence industries, securing new purchase orders totalling $577,000 from a leading global US aerospace and defence prime contractor.
This order represents a significant milestone, bringing the cumulative value of orders on this project to over $1 million.
This development follows several years of qualification and collaboration between Titomic and the contractor, underscoring the company’s strong position in these competitive sectors, the company said in an ASX announcement.
In recent months, Titomic has achieved other notable successes, including its first sale to Triton Systems, engagement with OMIC R&D, and the launch of a joint venture with Repkon.
Since March 2024, the company has secured $8 million in new orders, reflecting a period of positive momentum and growth.
Titomic’s Managing Director Herbert Koeck, commented on the achievement, stating, “This is a steady advancement and another important step for Titomic.”
He added, “Titomic’s receipt of these additional purchase orders from this global U.S. aerospace and defence prime highlights the Company’s progress and strategic positioning in the aerospace and defence industries.”
“Aerospace and defence are demanding and competitive, and we are breaking new ground with our cold spray technology as our aerospace and defence customers continue to collaborate closely on several potential high-value added projects.”
