Titomic inks deal with Fincantieri

Company News

by Anna Napoli

Metal additive manufacturing company Titomic (ASX:TTT) has signed its first Material Science Testing Agreement with one of the world's largest shipbuilding companies, Fincantieri.

The agreement follows a memorandum of understanding between the companies announced in May this year.

Titomic says the science testing agreement will see Titomic perform a series of tests on Fincantieri specified alloy.

The company says the deal is the first step towards manufacturing large marine parts on its metal 3D printers of limitless scale.

Shares in Titomic (ASX:TTT) are trading 0.41 per cent higher to $2.43

Anna Napoli

Finance News Network
Anna joined FNN February 2018 and also works with Channel 7 as a freelance producer. Anna has also worked as a lawyer and lecturer. She has also presented news updates for interstate news with Southern Cross Austereo.