Melbourne, Australia, 6th May, 2019: Australian advanced manufacturing company Titomic Limited (ASX: TTT) (“Titomic” or “Company”) today announces it has signed an agreement with The Boeing Company (“Boeing”) to deliver additively manufacturing test parts for airplanes.
This initial agreement of AUD$170,000 for test parts enables Titomic to partner with Boeing, the world’s leading aerospace prime.
Mr. Jeff Lang, Titomic Managing Director commented:
“Titomic is pleased to announce this trial agreement with Boeing to deliver additively manufacturing test parts for airplanes.
Currently, with traditional manufacturing process, there is up to an 80% material waste and 6-month lead time to CNC machine these parts. These Titomic Kinetic Fusion (TKF) produced parts will allow Boeing a significant reduction in lead-times, improved performance for composite part production and cycle times.”
