March 1, 2023
ASX Announcement
Titomic receives purchase order from Boeing to continue research and development
Titomic Limited (ASX: TTT) (“Titomic” or “Company” is pleased to announce it has received a purchase order from Boeing Space, Intelligence, and Weapons Systems (Boeing) for AUD 132,174 for the continuation of flight qualifications of Titomic Kinetic Fusion manufactured components, which were initiated in 2021.
Further, the purchase order is a result of an agreement made between Titomic and Boeing in May 2019, which was centered around the production of additively manufactured test parts. Since then, both companies have made progress in their testing and development of Titomic Kinetic Fusion technology for various aerospace applications.
The receipt of the purchase order is a positive development and marks the next step in the productive relationship between the two companies, as well as a step towards commercial manufacturing on a larger scale.
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