Titomic deal sees it collab with aerospace behemoth Northrop Grumman
Titomic (ASX:TTT) has launched a blockbuster new collaboration with aerospace and defence behemoth Northrop Grumman in the U.S. to develop and manufacture high-performance pressure vessels.
Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.
Titomic’s expertise in cold spray technology with Northrop Grumman’s leadership in the sector will see the two companies pursue enhanced performance, durability, and production efficiency of critical pressure vessels.
The project is built around a conceptual development study which includes part production for testing, to refine manufacturing processes for future projects.
The partnership also highlights Titomic’s commitment to addressing global supply chain challenges by utilising localised production capabilities in the United States.
The pressure vessel market, valued in the billions, offers growth potential; this collaboration positions both companies to capture this opportunity.
Key to the collab is Titomic’s cold spray technology, which eradicates the need for high-heat methods and facilitates the quick creation of stronger, more complex components, produced with minimal material waste.
After the news, Titomic CEO Jim Simpson declared the importance of overcoming supply chain barriers in manufacturing critical defence components.
More market news
Kowtow: “Biggest day in financial history” on Trump’s tariffs retreat
Meet GeoGeorge: The HotCopper poster so accurate he got hired as an analyst
Dr Neil Matthews, Titomic’s technical fellow, added the collaboration demonstrates the potential of cold spray technology to redefine manufacturing limitations and may soon set a new standard for aerospace and defence production.
TTT shares have been up 10.7% at 22.7 cents at the time of writing.
The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.
Titomic deal sees it collab with aerospace behemoth Northrop Grumman
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
28.0¢ |
Change
0.020(7.69%) |
Mkt cap ! $371.2M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 28.5¢ | 26.5¢ | $1.992M | 7.133M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 119999 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 58166 | 2 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| TTT (ASX) Chart |