Agreement with Boeing for AM Parts

Titomic Agreement with Boeing for Additively Manufactured Parts.

  • Titomic to deliver Titomic Kinetic Fusion™ (TKF) additive manufactured parts for Boeing validation.
  • TKF industrial-scale AM systems can manufacture parts up to 9m X 3m x 1.5m (40.5m3)
  • TKF digital AM can provide significant reduction in part production lead-times

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.”

Forward looking statements

Certain statements made in this release are forward-looking statements and are based on Titomic’s current expectations, estimates and projections. Words such as “anticipates,” “expects,” “intends,” “plans,” “believes,” “seeks,”estimates,” “guidance” and similar expressions are intended to identify forward-looking statements. Although Titomic believes the forward-looking statements are based on reasonable assumptions, they are subject to certain risks and uncertainties, some of which are beyond Titomic’s control, including those risks or uncertainties inherent in the process of both developing and commercialising technology. As a result, actual results could materially differ from those expressed or forecasted in the forward-looking statements. The forward-looking statements made in this release relate only to events as of the date on which the statements are made. Titomic will not undertake any obligation to release publicly any revisions or updates to these forward-looking statements to reflect events, circumstances or unanticipated events occurring after the date of this release except as required by law or by any appropriate regulatory authority.

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Notting Hill VIC 3168
Australia

1300 108 122 (within Australia)
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info@titomic.com