Titomic Opens 59,000 Sq Ft Alabama Plant, Secures Boeing and Northrop Grumman Deals
Titomic has launched a major US manufacturing hub in Alabama, secured key defense contracts, and expanded leadership to accelerate its global additive manufacturing ambitions.
- New 59,000 sq ft US facility opened in Huntsville, Alabama
- Strategic collaborations with Boeing, Northrop Grumman, and US military agencies
- Secured domestic titanium powder supply from five US producers
- EUR 800,000 R&D grant awarded to European operations
- Cash reserves support 1.7 quarters; capital raise planned
Global Expansion Takes Flight
Australian additive manufacturing specialist Titomic Limited (ASX, TTT) has marked a significant milestone with the opening of its 59,000 square foot manufacturing facility in Huntsville, Alabama. Positioned within one of the world’s most dynamic aerospace and defense clusters, this new hub signals Titomic’s transition from a pioneering local innovator to a global industrial technology contender.
Huntsville’s ecosystem, home to NASA’s Marshall Space Flight Center and major defense contractors, offers Titomic strategic proximity to key customers and partners. The facility supports full-scale system builds, coatings, repairs, and on-site training, underpinning the company’s ambition to deliver advanced cold spray additive manufacturing solutions at scale.
Strengthening Defense and Aerospace Ties
During the quarter, Titomic deepened its engagement with aerospace and defense giants Boeing and Northrop Grumman. The collaboration with Northrop Grumman focuses on developing aerospace-grade pressure vessels using Titomic’s kinetic fusion cold spray technology, promising lighter, stronger parts with reduced manufacturing times and costs. This aligns well with defense priorities for performance and rapid delivery.
Additionally, successful demonstrations with the U.S. Army Corps of Engineers and the French Naval Group showcased Titomic’s cold spray technology for in-field repairs and corrosion protection, highlighting its potential to extend the service life of critical infrastructure and naval vessels without lengthy downtime.
Supply Chain and Market Validation
Recognizing the importance of secure raw materials, Titomic signed agreements with five U.S.-based titanium powder producers to validate and supply powder for its U.S. operations. This move not only ensures compliance with evolving domestic sourcing requirements but also strengthens the company’s supply chain resilience.
Commercial traction was further evidenced by orders for the D623 cold spray system from Triton Systems in the U.S. and Fraunhofer-Gessellschaft in Germany, embedding Titomic’s technology within leading industrial and research networks across continents.
Financial Position and Leadership Enhancements
Financially, Titomic reported AUD 1.5 million in customer receipts for Q4 FY2025, with net cash used in operations of AUD 5.2 million and investing activities of AUD 4.4 million. The company ended the quarter with AUD 8.9 million in cash, providing an estimated 1.7 quarters of funding. Management has indicated plans for a capital raise to support ongoing growth and global expansion.
Leadership appointments of retired Lieutenant General John Frewen AO, DSC to the board and aerospace manufacturing veteran Kirk Pysher as Senior Vice President of Manufacturing and Production reinforce Titomic’s strategic focus on defense and operational excellence.
Looking Ahead
With ongoing certification efforts for maritime applications and R&D grant funding secured in Europe, Titomic is laying a robust foundation for future growth. Its blend of innovative technology, strategic partnerships, and geographic expansion positions it well to capitalize on opportunities in defense, aerospace, energy, and infrastructure sectors worldwide.
Bottom Line?
Titomic’s bold expansion and strategic partnerships set the stage for accelerated growth, but near-term funding and execution will be critical to watch.
Questions in the middle?
- How will Titomic’s planned capital raise impact its valuation and growth trajectory?
- What are the timelines and risks associated with certification and qualification of Titomic’s technology for defense contracts?
- Can Titomic scale manufacturing efficiently to meet increasing demand from major aerospace and defense primes?