HUNTSVILLE, AL – Titomic Limited (ASX: TTT), a global leader in cold spray additive manufacturing utilizing their Titomic Kinetic Fusion™ technology, is pleased to announce that it has received a purchase order valued at 135,000 Euros (AUD 238,800) for the sale of a medium pressure Titomic TKF™ 623 system to support the Institute for Sustainability and Innovation in Structural Engineering (ISISE) in Portugal. The Titomic Kinetic Fusion™ system will be utilized to support the Institute’s studies in long term corrosion protection in the Oil and Gas industry as well as other applications.
ISISE is a research and development center created in 2007 involving the Civil Engineering Departments of the University of Coimbra (UC) and the University of Minho (UM) and focuses on developing innovative and sustainable solutions in the civil and structural engineering arenas. ISISE has over 200 researchers working with government institutions, companies, and technologies to innovate and provide solutions in a variety of markets.
Mr. Artur Jorge dos Santos Mateus, a Principal Researcher at ISISE and on the faculty of the University Coimbra where one of his key areas of research is developing technology capable of manufacturing and operating in extreme environments, stated “we are extremely excited about Titomic’s innovative technology in supporting additive manufacturing and corrosion repair and protection in the harsh environments of the Oil and Gas Sector and other areas. We are very impressed with Titomic’s capabilities and look forward to working with the team to research, evaluate and deliver innovative results to our partners.”
“This order is the first for Titomic in Portugal, and we are very excited about working with such a key institute in the structural engineering field. Titomic TKF™ systems have been additively manufacturing parts and have been conducting corrosion repair and protection in the Oil and Gas sectors in Australia and Europe. We look forward to working with ISISE to further these efforts in Oil and Gas and other areas as ISISE utilizes our innovative technology” said Jim Simpson, CEO and Managing Director of Titomic.
This achievement underscores Titomic’s ongoing commitment to commercializing its technology across industries where advanced performance, speed, and precision are paramount. The structural and civil engineering sectors supporting a wide variety of industries, represents a significant strategic growth area for the Company.
This announcement has been authorized for release by Titomic’s Board of Directors.
