Titomic’s TKF™ 623 to be used for Oil & Gas Rigs

MELBOURNE, AUSTRALIA – Titomic Limited (ASX: TTT), a global leader in cold spray additive manufacturing with its Titomic Kinetic Fusion™ technology, is pleased to announce it has received an order to lease equipment for its TKF™ 623 medium-pressure cold spray system for use on Australian based oil and gas rigs on the North West Shelf off Western Australia.

Under the terms of the six-month lease agreement, a large Australian based energy provider will lease a Titomic TKF™ 623 medium-pressure cold spray system. This advanced system is engineered to deliver high-performance coating and repair capabilities, directly supporting the rigorous maintenance and production needs of the energy sector.

This agreement represents continuing validation of Titomic’s proprietary cold spray processes. In the second half of 2024, the same operator successfully trialed a smaller TKF™ 523 low-pressure cold spray system, which delivered proven corrosion protection in field use. The new, more advanced, TKF™ 623 provides significantly higher metal powder velocities, enabling rapid repairs across larger surface areas and delivering even greater operational efficiency. These activities were initiated following research conducted with the operator at Monash University, which identified innovative applications of Titomic’s technology for corrosion remediation and prevention.

Strategic Significance

This milestone reflects growing confidence in Titomic’s technology as a transformative solution for harsh offshore environments. This successful deployment further validates Titomic’s strategy to expand its presence in the Oil & Gas andmaritime markets, where durability, efficiency, and asset longevity are essential. The TKF™ 623’s ability to deliver reliable coatings and rapid, high-strength repairs positions Titomic as a leader in delivering advanced solutions to industries where downtimeand maintenance costs are critical factors.

This six-month lease will generate AUD 73,000 in revenue, but its greater significance lies in the validation of Titomic’s technology in live offshore Oil & Gas operations. Successful implementation opens opportunities for further leases and powder supply across the Oil & Gas industry.

Appreciation of Collaboration

“We are delighted to strengthen our partnership with this Australian operator and appreciate their forward-looking collaboration and recognition of Titomic’s ability to deliver practical, durable solutions. Their leadership in adopting advanced manufacturing technologies highlights the importance of strong partnerships in transforming operational practices across Oil & Gas and maritime industries. This lease agreement not only demonstrates the proven value of Titomic Kinetic Fusion™ technology but also signals broader adoption across the energy sector. We look forward to supporting further Oil & Gas providers with our innovative solutions.”

– Jim Simpson, CEO and Managing Director of Titomic

Benefits to Industry

This adoption of Titomic’s cold spray processes demonstrates how advanced additive manufacturing can:

• Enhance longevity of critical assets exposed to corrosive offshore conditions
• Reduce costly downtime by enabling rapid, on-site repairs without major shutdowns
• Minimize maintenance cycles, improving safety and economic performance
• Provide efficient and economical solutions, ensuring long-term value in operations

This announcement has been authorized for release by Titomic’s Board of Directors.

MEDIA CONTACT
Dr. Patti Dare
Titomic
President, USA
P: +1 408 306 4975
E: patti.dare@titomic.us