Sale of Integrated Spray Booth to Perron038
Released
Released
Announcement PDF
June 6, 2023
ASX Announcement
GENERAL
BUSINESS
ADDITIVE
MANUFACTURING
Armaments
Ballistic Protection
Structures
Tooling
Sale of Integrated Spray Booth to Perron038
Titomic Limited (ASX: TTT) (“Titomic” or “Company”) is pleased to announce the successful
sale of an Integrated Spray Booth (System) to Perron038 for $710,000, which will house a roboticised
Titomic D623 medium-pressure cold spray unit. It has been agreed that the System will be delivered
and paid for by the end of 2023.
Located in the Netherlands, Perron038 is a research and development facilitator that connects hightech companies, educational institutions and research companies for collaborative development.
Embedded Sensors
COATING
& REPAIR
Metal Restoration
Wear Resistance
Corrosion Protection
Conductive Coating
Inductive Coating
Radiation Shielding
One such collaborator will be Windesheim University of Applied Sciences (Windesheim), a Dutch
vocational university with a student base of over 25,000.
The System will enable Windesheim’s students and researchers, along with Perron038 and their clients,
to leverage Titomic Kinetic Fusion’s unique capabilities to undertake cutting-edge research of novel
materials and coatings.
This significant transaction highlights demand for Titomic’s technology from the education sector and
Titomic’s commitment to fostering technological advancements. It also provides hands-on experience
for emerging European materials scientists, engineers, and business leaders whom may seek to
implement Titomic Kinetic Fusion commercially.
Herbert Koeck, Managing Director of Titomic, commented:
“We are thrilled to announce the successful sale of this System to Perron038. This marks an important
development for our company as we continue to expand into the education sector. By enabling access
to cutting-edge technology to Perron038 and Windesheim, we are not only generating revenue, but
also investing in the education of future industry leaders. We are excited about the opportunities this
sale brings and look forward to further collaborations in education.”
This announcement has been authorised for release by the Board of Titomic Limited.
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INVESTOR CONTACT
Chris Healy
Titomic
P: +61 429 988 083
E: chris.healy@titomic.com
MEDIA ENQUIRIES
Ben Andrews
Titomic
P: +61 438 759 620
E: ben.andrews@titomic.com
Titomic Limited Ground floor, 365 Ferntree Gully Road
Mount Waverley, Victoria 3149, Australia
info@titomic.com | titomic.com
ABN 77 602 793 644
Page 1
GENERAL
BUSINESS
ABOUT TITOMIC LIMITED
Armaments
Titomic Limited (ASX: TTT) is an Australian public company specialising in large integrated solutions for industrialscale metal additive manufacturing, using its patented cold spray additive manufacturing (Cold Spray AM) technology.
Titomic provides Cold Spray AM solutions, OEM production and R&D services to the global Aerospace, Defence,
Shipbuilding, Oil & Gas, Mining and Automotive industries. Titomic also offers global sales and support for all of its
Cold Spray AM activities from its Melbourne Head Office, as well as through local presence in the USA and Europe.
Titomic delivers competitive advantages in metal additive manufacturing at every stage in the product value chain.
For more information, please visit www.titomic.com.
Ballistic Protection
FORWARD LOOKING STATEMENTS
Structures
Certain statements made in this release are forward-looking statements and are based on Titomic’s current
expectations, estimates and projections. Words such as “anticipates”, “expects,” “intends,” “plans,” “believes,”
“seeks,” “estimates,” “guidance” and similar expressions are intended to identify forward-looking statements.
Although Titomic believes the forward-looking statements are based on reasonable assumptions, they are subject
to certain risks and uncertainties, some of which are beyond Titomic’s control, including those risks or uncertainties
inherent in the process of both developing and commercialising technology. As a result, actual results could materially
differ from those expressed or forecasted in the forward-looking statements. The forward-looking statements made
in this release relate only to events as of the date on which the statements are made. Titomic will not undertake
any obligation to release publicly any revisions or updates to these forward-looking statements to reflect events,
circumstances or unanticipated events occurring after the date of this release except as required by law or by any
appropriate regulatory authority.
ADDITIVE
MANUFACTURING
Tooling
Embedded Sensors
COATING
& REPAIR
Metal Restoration
Wear Resistance
Corrosion Protection
Conductive Coating
Inductive Coating
Radiation Shielding
Titomic Limited Ground floor, 365 Ferntree Gully Road
Mount Waverley, Victoria 3149, Australia
info@titomic.com | titomic.com
ABN 77 602 793 644
Page 2
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