Market Herald Interview with Herbert Koeck: world’s first automated cold spray glass mould coatings system.

– Creation of the world’s first automated cold spray system for glass mould coatings

– Titomic’s first commercial sale into the International Partners in Glass Research (IPGR) network

– The IPGR represents numerous partner companies which comprise 12% of the glass packaging market, which is valued at USD 51 billion per annum with a CAGR of 4.4% (Global Market Insights, 2021).

– AUD 1.7 million revenue is expected over a three-year period for every comparable machine sold.

Hear Titomic’s Managing Director, Herbert Koeck, discuss Titomic’s imminent delivery of the world’s first automated cold spray system for glass mould coatings.

The sale to Vetropack, Austria – a member company of IPGR – will open the door to further machine sale opportunities within the IPGR network.

The IPGR represents companies which comprise 12% of the USD 51 billion glass manufacturing market.

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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