Titomic Limited (ASX: TTT) (“Titomic” or “Company”) is pleased to announce it has received a purchase order from Boeing Space, Intelligence, and Weapons Systems (Boeing) for AUD 132,174 for the continuation of flight qualifications of Titomic Kinetic Fusion manufactured components, which were initiated in 2021.
Further, the purchase order is a result of an agreement made between Titomic and Boeing in May 2019, which was centered around the production of additively manufactured test parts.
Since then, both companies have made progress in their testing and development of Titomic Kinetic Fusion technology for various aerospace applications.
The receipt of the purchase order is a positive development and marks the next step in the productive relationship between the two companies, as well as a step towards commercial manufacturing on a larger scale.
Herbert Koeck, Managing Director of Titomic, commented:
“This purchase order from Boeing is a significant milestone for Titomic and affirms the exceptional work our team has been doing. We are honored to continue collaborating with Boeing in developing advanced manufacturing applications for aerospace components using our Titomic Kinetic Fusion technology. It is a strong testament to the success we’ve achieved in our testing and development, bringing us one step closer to commercialising our technology on a larger scale. We look forward to continuing our partnership with Boeing and to the future”.