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Titomic sells innovative cold spray solutions to US NAVSEA

Written by Colin Hay | Oct 30, 2024 2:47:31 AM

Leading provider of cold spray solutions provider Titomic Limited (ASX: TTT) has sold a D523 cold spray system to the Naval Sea Systems Command (NAVSEA) of the United States Navy.

This is Titomic’s first contract with the US Navy, further strengthening Titomic’s growing presence in the global defense industry and marking a significant milestone for the company.

The system was sold through Titomic’s reseller, Anywise America. Titomic is in dialogue with NAVSEA and exploring future commercial opportunities in relation to further coating and repair applications as well as cold spray additive manufacturing solutions.

As the largest and most technologically driven of the U.S. Navy’s six system commands, NAVSEA oversees the engineering, acquisition, and maintenance of the Navy’s fleet.

Partnering with NAVSEA underscores Titomic's commitment to supporting the Navy’s mission with reliable, cutting-edge solutions for critical assets. Their mission is to design, build, deliver, and maintain ships, submarines, and systems on time, within budget, and to specification, supporting the Fleet's current and future operational requirements.

NAVSEA's strategic role in the procurement of advanced technologies ensures the U.S. Navy remains at the forefront of innovation. The acquisition of the D523 system marks an initial step towards potentially integrating Titomic’s cold spray technology across a range of naval applications.

This sale follows a successful delivery of 10 D523 systems to the Royal Dutch Army for forward in-field battle damage repair and to the French Navy, which uses the technology to support the maintenance of its southern fleet.

The D523 cold spray system delivers advanced, high-precision solutions for restoring part geometries and effectively combating corrosion in harsh marine environments, ensuring that critical components are operational for extended periods with minimal downtime.

This milestone positions Titomic to unlock extensive growth potential across the US Navy’s expansive repair and maintenance operations, fostering long-term partnerships and additional applications for Titomic’s cold spray technology in enhancing fleet readiness and resilience. NAVSEA has requested the value of this cold spray contract remain confidential.