Titomic Limited (ASX: TTT) (“Titomic” or “Company”), a leading manufacturing technology company specialising in advanced manufacturing and coatings, is pleased to announce the sale of a Titomic Integrated Spray Booth (“ISB” or “System”) to Epcor.
The ISB was sold to Epcor for EUR 310,000 (AUD 516,615) and is expected to be delivered and installed in the coming months.
EPCOR is a leading, multi-product maintenance repair & overhaul provider. EPCOR offers its 200 customers comprehensive technical support. EPCOR employs over 200 employees and maintains 3,600 components and 300 APU’s annually.
It’s expected that the ISB sold to Epcor will be used to develop and implement high performance coatings for aerospace applications as well as maintenance and sustainment activities.
Herbert Koeck, Managing Director of Titomic, stated:
“We’re proud to be supply Epcor, a major maintenance firm, with this versatile technology. This is another demonstration of how Titomic is commercialising its innovative technology within the aerospace industry. In doing so, Titomic is providing critical and innovative capabilities to these customers, enabling them to create higher performing parts and maintain critical equipment more efficiently.”Rob van de Graaf, Commercial Director at EPCOR stated:
“Cold spray technology can revolutionize the aviation industry. This innovative process involves accelerating metal or composite particles at supersonic speeds, which, upon impact, bond to a surface, creating strong, durable coatings or repairs.It’s ideal for restoring worn aircraft components, reducing maintenance costs, and extending the lifespan of critical parts. With its impressive versatility and efficiency, cold spray is becoming a vital tool in modern aviation maintenance and will play an important role in making the industry more sustainable. EPCOR is looking forward to working closely together with Titomic on this project”.
This announcement has been authorised for release by the Board of Titomic Limited.
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