Titomic makes $1.2 million sale to Oregon Manufacturing Innovation Center

Cold spray additive manufacturing business Titomic has announced the sale of a custom-built high-pressure system to the Oregon Manufacturing Innovation Center (also known as OMIC R&D) for $US 790,000 (approximately $1.2 million.)

According to a statement to the ASX from Titomic on Monday, the Portland, Oregon, commercial research and development service provider will gain ability for “additive manufacture of multi-metal parts, large-scale titanium parts, and the manufacture of multi-metal coatings” through the order.

Herbert Koeck, Managing Director of Titomic, said that exciting progress was being made in the US.

“After years of diligent work and testing, Titomic is now developing scalable commercial opportunities and establishing key relationships in an industry experiencing significant global investment from both government and private sectors,” added Koeck. 

OMIC provides commercial R&D to companies including Sandvik Coromant, Daimler, Boeing and a number of defence primes. 

Its Business Development Manager Joshua Koch said that his organisation had brought all major forms of industrial additive manufacturing equipment under its roof. 

“Titomic, a leader in cold spray technology, brings invaluable systems and support to this endeavour,” said Koch. 

“We look forward to collaborating with Titomic to develop applied solutions that enable companies to make data-driven decisions about additive manufacturing.” 

The news follows Titomic’s May announcement of its entry into the US defence market, with a sale of a Titomic Kinetic Fusion System to Triton Systems (also for a value of approximately $1.2 million.)

Picture: credit Titomic

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