Australian Metal3D printingMachine manufacturer Titomic has signed an equipment sales agreement worth A$25.5 million with Composite Technology, a global defense supplier.
Titomic will provide two Titomic Kinetic Fusion (TKF) manufacturing systems. Composite Technology believes that this partnership will increase the development capabilities of defense-related products.
Before signing the contract, Composite Technology conducted an extensive two-year study to determine3D printingWhether the machine manufacturer meets the quality assurance requirements.
Titomic expects that through this cooperation “establish a strong partnership with high-profit industries such as defense, which will bring more revenue.”
Jeff Lang, Managing Director of Titomic said: “2020 will be an important year for Titomic’s business development, with the focus on sales revenue, and we will continue to follow our strategic trajectory to become a major player in the global metal manufacturing industry.”
The goal of the TKF manufacturing system is to provide the metal industry with productivity through a metal manufacturing speed of 75 kilograms per hour. Titomic Hope Metal3D printingAble to achieve industrial-scale mass production.
Titomic uses automated robots to accelerate metal powder to supersonic speeds, and then performs additive manufacturing.
Compared with traditional manufacturing methods (Titomic statement), TKT can save up to 90% of material waste and reduce greenhouse gas emissions by 60%. In addition, Titomic also intends to release manufacturing capabilities by fusing specialty metals.
Expanding aerospace and defense
Titomic recently raised 20 million Australian dollars to expand its business in the aerospace and defense industries.
In order to enter marine additive manufacturing, Australian Metals3D printingThe machine manufacturer has previously signed a memorandum of understanding with the international shipbuilding company Fincantieri. A month later, Titomic also signed a material science testing agreement with Fincantieri to produce large marine parts.
For development3D printingThis Australian company has previously established a partnership with TAUV (manufacturer of light military armor). Titomic’s technology has been selected for the Land Forces 2018 Industrial Innovation Awards.
Titomic also entered the mining industry last year, signing an agreement with the Copenhagen-based mining equipment supplier FLSmidth.
In order to produce rockets and aviation components, this Melbourne-based3D printingThe aircraft manufacturer recently partnered with Australian aerospace company Gilmour Space Technologies.
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