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Titomic enters strategic manufacturing partnership with SA-based Stärke

ASX News, Materials
ASX:TTT      MCAP $282.0M
12 December 2023 10:05 (AEDT)

Titomic Kinetic Fusion (TKF) Additive Manufacturing Systems Source: Titomic

Titomic (ASX:TTT) has entered a strategic manufacturing partnership agreement with Stärke Advanced Manufacturing Group.

The collaboration brings together Titomic, a leading manufacturing technology company, and Stärke, a global advanced manufacturer headquartered in South Australia.

Stärke, comprising a network of vertically integrated advanced manufacturing companies, is renowned for assisting diverse industries in producing complex, high-performance components.

With clients including DSTG, Babcock, Boeing, and Thales, Stärke is known for delivering robust and reliable solutions.

The partnership’s primary objective is to harness the strengths of both Titomic and Stärke in advanced manufacturing technology.

Leveraging Stärke’s industry connections and expertise, the collaboration aims to provide innovative solutions to clients in high-performance sectors such as defence, aerospace, and automotive.

“This venture promotes knowledge exchange between Titomic and Stärke, allowing us to blend our strengths and explore new applications,” TTT Managing Director Herbert Koeck said.

Stärke Co-Founder & Group CEO Al Jawhari also stated “Titomic’s revolutionary cold spray technology will offer our clients an impressively efficient turnkey solution.” 

TTT last traded at 3.3 cents.

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