Titomic secures $1.7M aerospace deal with NLR

Titomic (ASX:TTT), a global provider of advanced manufacturing solutions, announced a milestone in its European expansion with a new purchase order from the Royal Netherlands Aerospace Centre.

The contract, valued at €1.02 million, involves the supply of Titomic’s versatile cold spray equipment.

The suite of technology—encompassing low, medium, and high-pressure capabilities—is designed to bolster aerospace and defence research, sustainment, and additive manufacturing development within the Netherlands.

Royal NLR, an independent organisation established in 1919, operates at the critical junction of science and industry, focusing on making aviation and space operations safer and more sustainable.

Bert Thuis, Vice-President of Aerospace Vehicles at NLR, emphasised that the integration of Titomic Kinetic Fusion technology will significantly broaden their research and application development activities, particularly in high-value repair and anti-corrosion coatings.

For Titomic, this partnership serves as a vital validation of its technology in the rigorous aerospace sector.

Jim Simpson, CEO and Managing Director of Titomic, noted that the order strengthens the company’s strategic foothold in the broader European market.

By providing tools for advanced coating and repair, Titomic continues its commitment to supporting premier research organisations as they deploy innovative manufacturing applications.

At the time of reporting, Titomic's share price was $0.24.