TTT 3.70% 7.8¢ titomic limited

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    The metal AM materials segment is currently experiencing a period of vibrant growth. The core metal AM sector generated US$1.6 billion in revenues in 2020 and is realistically set to grow to US$31.78 billion by 2030, with a 35% overall CAGR for the 10-year period.[1]

    Triton’s extensive experience in materials and additive manufacturing processes coupled with Titomic’s TKF systems will introduce to the US market:

    • the capability to manufacture large size multi-metallic additively manufactured parts;
    • new applications for metal additive manufacturing that do not exist today;
    • Dramatically increased productivity by reducing lead times from months to days;
    • cost-effectively manufactured critical components using high-performance metals, including titanium; and
    • Reduced waste by 80% compared with traditional machining through near-net-shape manufacturing.

    CEO of Titomic, Herbert Koeck, said: “Titomic is extremely pleased to partner with Triton. We are an entrepreneurially minded company, and are seamlessly integrating custom CSAM systems into partner supply chains and preparing to scale globally with partners in several sectors including with shared risk and rewards. This partnership will allow Titomic to offer its TKF technology to US applications including Aerospace and Defense products. We’ve shown that we can produce the world’s largest additively manufactured steel and titanium products. The future possibilities with Triton to bring this technology to the US is exciting.”

    CEO of Triton Systems, Ross Haghighat said, “We are enthusiastic about what this partnership enables. With over a decade of experience in additive manufacturing, we believe that our combined competencies in materials processing and application engineering, can usher in a new family of large multi-metallic structures, based on Titomic’s novel TKF process.”
    Last edited by takizawa2: 03/03/23
 
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