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Titomic Limited (ASX:TTT)
ALERT: Price-sensitive ASX Announcement for TTT
Current share price for TTT : $0.200 -0.035 (-14.89%)+
Release
18 May 2026 8:25AM
Price at Release
$0.235
Full Release
Summary
Titomic Limited has announced a new contract with Lufthansa Technik AG to expand its cold spray capabilities at their Hamburg, Germany facility. This contract, valued at over AUD 1.2 million, will enhance Lufthansa's aircraft part repair services with additional low-pressure Titomic Kinetic Fusion™ technology in a turn-key spray booth setup. Titomic's CEO, Jim Simpson, emphasized the strengthening partnership and the confidence Lufthansa has in Titomic's technology, which supports their aircraft maintenance operations. This move is part of Titomic's broader strategy to extend its cold spray additive manufacturing technologies across various sectors.
Key Points
- Titomic receives purchase order from Lufthansa Technik AG.
- Contract value exceeds AUD 1.2 million.
- Delivery expected in Q4 2026.
- Technology used: Titomic Kinetic Fusion™.
- Enhancement of Lufthansa's aircraft part repairs.
- Partnership reinforces Titomic's technology credibility.
- Expansion strategy includes aerospace, defense, energy, and industrial sectors.
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.
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