Titomic (ASX:TTT) Secures Advanced Manufacturing Deal with University of North Texas

3 min read | December 18, 2024 11:35 AM AEDT | By Team Kalkine Media

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Titomic (ASX:TTT) Secures Advanced Manufacturing Deal with University of North Texas — Image source: shutterstock

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Highlights

Titomic (TTT) secures advanced manufacturing deal with UNT

Cold spray system to support additive manufacturing research

UNT to strengthen its position as an innovation hub

Titomic (ASX:TTT) has finalized a significant agreement worth $1.1 million to supply its custom Kinetic Fusion Cold Spray System to the University of North Texas (UNT). This strategic deal highlights the growing adoption of advanced manufacturing technologies to facilitate research and collaboration with industries.

The Kinetic Fusion Cold Spray System represents a cutting-edge innovation in additive manufacturing. Known as "cold spray," this process involves propelling metal or composite particles at high velocity onto a substrate to form durable coatings or create solid structures. Unlike traditional methods, cold spray does not rely on heat, which helps preserve material properties and minimizes thermal distortions.

The system will be installed at UNT’s Center for Agile and Adaptive Additive Manufacturing (CAAAM). CAAAM is a renowned research facility dedicated to exploring next-generation additive manufacturing solutions and fostering educational and industrial advancements. Through the installation of this system, UNT aims to position itself as a leading innovation hub in the field, creating a strong connection between education, research, and local industry.

The partnership with UNT is expected to strengthen Titomic's presence in the United States. The advanced manufacturing sector in the US continues to evolve rapidly, and this collaboration enhances Titomic's visibility in a key market. It also highlights the increasing demand for innovative cold spray technologies to support research, training, and practical applications.

The installation of Titomic's system at CAAAM will help drive advanced manufacturing education and research while promoting partnerships with industries in Texas and beyond. It underscores the importance of equipping research institutions with the latest technologies to support emerging manufacturing requirements.

Geoff Hollis, the Chief Financial Officer of Titomic, highlighted the significance of this deal, emphasizing the validation it provides for Titomic's technology within the US market. This collaboration reflects a growing interest in advanced, sustainable, and adaptable manufacturing solutions that align with global industry needs.

With this latest achievement, Titomic (TTT) continues to showcase the capabilities of its proprietary cold spray technology, reinforcing its role as a key player in the global additive manufacturing landscape. This deal is also a significant step in establishing deeper connections with research institutions and industries exploring advanced manufacturing solutions.

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