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Titomic (ASX:TTT) receives purchase order from Airbus

Industrial
ASX:TTT      MCAP $64.68M
09 April 2020 14:00 (AEST)
Titomic (ASX:TTT) - Outgoing CEO, Jeff Lang

Source: Stockhead

3D printing company Titomic (TTT) has received a purchase order from aerospace company Airbus for its Titomic Kinetic Fusion process.

Titomic will provide 3D-printed demonstrator parts to Airbus, which were created using its Titomic Kinetic Fusion (TKF) process.

This will determine the end-to-end process for additive manufacturing and provide more insight into how other companies can benefit from Titomic’s process.

The TKF process is designed to build industrial-scale titanium products through 3D printing, a process which is also known as additive manufacturing.

The TKF device can build large, strong titanium products in a matter of hours, without the conventional weak points that result from welding, bending or folding.

Due to the large-scale nature of the device, products can be built and distributed to the market faster, and large volumes can be built in no time at all.

“We are pleased to partner with Airbus to demonstrate high-performance metal parts produced using the Titomic Kinetic Fusion metal additive manufacturing process,” Titomic Managing Director Jeff Lang commented.

“The TKF technology is perfectly suited to produce neat-net shape metal parts for the aerospace industry using our patented process of fusing dissimilar metals that cannot be produced with either traditional fabrication methods or metal melt-based 3D printers,” Jeff said.

“The unique capabilities of Titomic’s TKF technology surpasses the constraints of other metal 3D printing methods creating an inflection point for additive manufacturing to exponentially increase productivity delivering faster build rates compared to traditionally machined aircraft parts,” he concluded.

Titomic has jumped 21.1 per cent in lunchtime trade with shares selling for 86 cents each at 12:28 pm AEDT.

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