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6K Additive, Inc (ASX:6KA)

ALERT: Price-sensitive ASX Announcement for 6KA
Current share price for 6KA : $0.700 0.02 (2.94%)+
Announcement
Release
28 Jul 2026 9:30AM
Price at Release
$0.680
Full Release
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Summary
6K Additive, Inc reported a record quarterly revenue of US$7.1M for Q2 2026, enhancing its annualized run-rate to US$28M. The company achieved significant growth in its powder segment, with titanium and refractory powder sales showcasing substantial increases. The expansion program is well underway with key infrastructure support and government grants, positioning 6K Additive strategically within the U.S. supply chain for critical materials. The company also reports strong liquidity and ongoing efforts to scale its production capacity significantly, aligning with national security and advanced manufacturing priorities.
Key Points
  • Record quarterly revenue of US$7.1M in Q2 2026, leading to an annualized run-rate of approximately US$28M.
  • Significant growth in powder segment with titanium powder sales increasing 67% QoQ and refractory powder demand rising nearly 500% QoQ.
  • Expansion program milestones include major construction contracts awarded, furnace ordered, and power infrastructure secured.
  • 6K Additive's proprietary UniMelt technology supports high yield and cost-effective production, enhancing supply chain resilience.
  • 6K Additive is strategically aligned with U.S. priorities, receiving US$23.4M DPA grant to support expansion and growth.
  • Operating cash flow reflects higher production activity with a net operating cash outflow of US$3.1M in Q2 2026.
  • Expansion activities aim to increase powder production capacity by 5x and total capacity by more than 3x.
  • Strong liquidity with a quarter-end cash balance of US$22.1M, supporting ongoing strategic growth initiatives.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.