some news I came across
Ann: Review of Operations Q4 FY2021, page-16
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In a market update Titomic said it had recently completed defence, aerospace and armoured vehicle projects for a range of customers.
However the company said its business had been impacted by the complexity of development of demonstrator composite parts in a venture with Composite Technology, an Australian R&D and commercialisation division of a global defence product manufacturer.
On a more positive note the Titomic Kinetic Fusion (TKF) additive manufacturing process utilised at its Melbourne TKF production bureau (pictured) has:
- Repaired tooling for a UK defence company, opening the opportunity for large scale aerospace tooling operations through its UK joint venture with Néos International;
- Completed stage 3 construction of large satellite components for a US aerospace defence prime contractor;
- Manufactured and delivered a large Inconel 718 part for testing by a US defence company;
- Built and validated a titanium panel that met STANAG 4569 Level 3 threat protection standards;
- Continued trial production of novel tooling for large carbon fibre aerospace parts for a US company;
- And continued trials for weapon system components and barrels.
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