EXIM Lends USD 10.3M to Titomic USA, Inc.
Released
Released
Announcement PDF
15091 AL Hwy 20 Madison, AL 35756 ABN: 77 602 793 644 info@titomic.com | titomic.com
ASX Release
October 22, 2026
EXIM LENDS USD 10.3M TO TITOMIC
USA, INC. TO BOOST ADVANCED
MANUFACTURING AND SUPPORT JOBS
IN ALABAMA
HUNTSVILLE, AL. – October 21, 2026 – Titomic Limited (ASX: TTT), a global advanced
manufacturing company serving the U.S. and allied industrial base, using its proprietary cold spray Titomic
Kinetic Fusion™ (TKF)™ Technology, is pleased to announce that The Export-Import Bank of the United
States (EXIM) has approved a USD 10.3 million (AUD 14.7 million) direct loan to Titomic USA, Inc.
(Titomic), supporting the expansion of advanced manufacturing capabilities in Huntsville, Alabama. The
loan will be provided under the Bank’s Make More in America Initiative, which extends EXIM financing to
export-oriented domestic manufacturing projects, especially in sectors critical to national security.
The financing will support the purchase of an integrated high-pressure cold-spray production cell, enabling
Titomic to expand its domestic capacity to manufacture, repair, and restore high-performance metal
components in the United States. The transaction is expected to support at least dozens of new full-time
jobs in Alabama.
“EXIM’s Make More in America initiative ensures that strategically important production capabilities, like
those at Titomic, remain in the United States for years to come,” said EXIM Chairman John
Jovanovic. “Under President Trump’s leadership, we are strengthening America’s advanced manufacturing
base and supporting well-paying jobs.”
“EXIM’s support marks an important milestone for Titomic as we expand U.S. manufacturing capacity,
create skilled American jobs, and strengthen domestic supply chains for critical industries,” said Jim
Simpson, CEO & Managing Director, Titomic.
“America needs a strong manufacturing base to remain competitive around the world," said Representative
Dale W. Strong (AL-05). "EXIM's financing for Titomic will support advanced manufacturing in North
Alabama and help expand our country's industrial capabilities. We have the workforce and expertise to
lead in this industry, and we need to keep building on that strength here at home.”
The project will help reduce reliance on overseas production, improve industrial resilience, and support
U.S. technological leadership in next-generation manufacturing. Located in Huntsville, a growing hub for
aerospace and defense innovation, Titomic’s expanded operations will contribute to a stronger domestic
industrial base and support export-oriented growth.
This announcement has been authorized for release by Titomic’s Board of Directors.
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15091 AL Hwy 20 Madison, AL 35756 ABN: 77 602 793 644 info@titomic.com | titomic.com
ABOUT TITOMIC LIMITED
Titomic Limited (ASX: TTT) is a leading Advanced manufacturing company with global operations specializing in large integrated solutions for industrial- scale
metal additive manufacturing, coating, and repairs using its patented kinetic fusion cold spray (Titomic Kinetic Fusion™) technology. Titomic Kinetic Fusion™ cold
spray solutions provide OEM production and R&D services to the global Aerospace, Defense, Shipbuilding, Oil & Gas, Mining and Automotive industries. Titomic
also offers global sales and support for all its Titomic Kinetic Fusion™ cold spray AM activities from its Huntsville, Alabama Global Headquarters, as well as through
local presence in the Australia 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.
FORWARD LOOKING STATEMENTS
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 commercializing 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.
INVESTOR CONTACT
Geoff Hollis
Titomic
Chief Financial Officer
P: +61 438 168 008
E: geoff.hollis@titomic.com
MEDIA CONTACT
Dave Rogalski
Titomic
Executive Vice President
Strategy and Business
Development
P: +1 310 291 5706
E: dave.rogalski@titomic.us
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