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Titomic & Boeing: Additive manufacturing partnership

1 March, 2023

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”.

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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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