Leading cold spray solutions provider Titomic Limited (ASX: TTT) has completed the strategic sale of a custom Titomic Kinetic Fusion System to US-based Triton Systems Inc. for $1.2 million.
The TKF System will be delivered within nine months. This TKF System is part of a larger strategic investment by Triton to develop new and innovative manufacturing applications. The sale also marks Titomic’s first sale of a TKF System within the United States.
The sale is a major advancement in the partnership between Titomic and Triton, established in 2020, and furthers the incorporation of Titomic’s Kinetic Fusion technology in the development of applications for use in ground, air, space, and sea systems by the US Department of Defense as well as commercial aerospace, industrial and power generation markets.
The TKF System offers Triton significant capabilities, including the rapid and cost-effective additive manufacturing of large area and high-performance parts from materials such as aluminum, titanium, steels, and nickel-based superalloys, and the development of new applications using multiple metals applied layer-by-layer.
The TKF System will provide Triton with novel capabilities surrounding applications including armaments, barrels, electro-magnetic shielding, armour, large-scale structures, propulsion systems, metal restoration, and functional coatings.
The partnership between Titomic and Triton once again underscores the effectiveness of Titomic’s technology in meeting stringent industry standards and its suitability for demanding defence and commercial applications. This collaboration also signals a growing need in the defence sector globally, supporting Titomic’s commercial strategy. Triton joins a cohort of defence players including the Koninklijke Landmacht (the Royal Netherlands Army) that utilise Titomic’s TKF Systems.
“This sale, following Triton’s rigorous testing and subsequent adoption, is a major validation of Titomic’s commercial strategy and technology,” Managing Director, Herbert Koeck, said.
“It highlights the importance of our Kinetic Fusion technology in the United States and global defence sectors and sets the stage for further sales, showcasing proven implementation and innovation in defence and commercial manufacturing.”
