- Titomic (TTT) receives a $132,000 purchase order from Boeing Space, Intelligence and Weapons Systems for 3D-printed flight components
- The research and development work will continue to test the flight qualifications of parts made using TTT’s Kinetic Fusion system
- Today’s purchase order originated from an agreement between Titomic and Boeing in May 2019 centred around the production of additively manufactured test parts
- Titomic says the receipt of the purchase order is a “positive development” for the company and marks a step towards commercial manufacturing on a larger scale
- Titomic shares are trading at 15 cents at 12:33 pm AEDT
Titomic (TTT) has received a $132,174 purchase order from Boeing Space, Intelligence and Weapons Systems for 3D-printed flight components
The order is for research and development work to continue testing the flight qualifications of parts made using TTT’s Kinetic Fusion additive manufacturing system.
The purchase order originated from an agreement between Titomic and Boeing in May 2019 centred around the production of 3D-printed test parts.
Since then, both companies have made progress in the testing and development of Titomic Kinetic Fusion technology for various aerospace applications.
Titomic said the receipt of the purchase order was a “positive development” and marked the next step in the “productive” relationship between the two companies and towards commercial manufacturing on a larger scale.
“This purchase order from Boeing is a significant milestone for Titomic and affirms the exceptional work our team has been doing,” Titomic Managing Director Herbert Koeck said.
“We are honoured to continue collaborating with Boeing in developing advanced manufacturing applications for aerospace components using our Titomic Kinetic Fusion technology.”
Titomic shares were trading at 15 cents at 12:33 pm AEDT.