HUNTSVILLE, AL – Titomic Limited (ASX: TTT), an advanced manufacturing company operating within the U.S. and allied defense industrial base, today announced that its Board of Directors has approved commencement of planning activities to redomicile the Company from Australia to the United States.
The proposed redomicile reflects the deepening of Titomic’s activities within U.S. defense, aerospace, and industrial markets. The United States represents the largest global market for advanced manufacturing solutions supporting the modernization of the defense and domestic industrial base.
Under the proposed structure, Titomic intends to establish a U.S.-based holding company (“HeadCo”), which will become the new parent company of the Titomic Group. Existing shareholders of Titomic Limited would retain an equivalent proportional economic interest in HeadCo by way of Chess Depository Instruments, subject to any ineligible foreign ownership provisions. The Company’s global operations, management team, and strategic direction will remain unchanged.
Titomic recently commenced and anticipates further engagements with Tier-1 prime contractors supporting U.S. Department of War programs. Many of these opportunities will involve activities subject to U.S. regulatory requirements to and including U.S. export controls of the International Traffic in Arms Regulations (ITAR). Establishing a U.S.-domiciled parent company will allow the Company’s Board and leadership enhanced participation in these programs and support the continued expansion of Titomic’s U.S. defense business.
The Company anticipates completing the redomicile in H2 2026. The transaction is expected to be implemented by way of a Scheme of Arrangement between Titomic and its shareholders and will be subject to shareholder approval and approval of the Federal Court of Australia.
Following completion of the redomicile, the Company intends to pursue a listing of its shares on a U.S. exchange at an appropriate time. A U.S. listing would further expand access to global capital markets and support Titomic’s growth strategy to scale advanced manufacturing production across defense, aerospace, energy, and industrial sectors.
Executive Chairman Dag W.R. Strømme said:
“Titomic will always be an Australian success story at its core. To better position the Company for the future, we believe establishing a U.S.-domiciled parent company is the right strategic step for Titomic and its shareholders. The United States is the center of the global defense and advanced manufacturing ecosystem, and aligning our corporate structure with our operational footprint strengthens our ability to execute our growth strategy while maintaining our strong international presence as well as simplicity in running the business.”
Chief Executive Officer and Managing Director Jim Simpson said:
“Titomic’s growth strategy is increasingly aligned with the U.S. defense, aerospace and industrial markets. Re-domiciling the company positions Titomic to fully participate in the modernization of the U.S. defense industrial base while scaling our advanced manufacturing capabilities globally.”
Further details regarding the proposed redomicile will be provided to shareholders during H1 2026.
This announcement has been authorized for release by Titomic’s Board of Directors.
