Titomic Agreement with Boeing for Additively Manufactured Parts
Melbourne, Australia, 6th May, 2019: Australian advanced manufacturing company Titomic Limited (ASX: TTT) (“Titomic” or “Company”) today announces it has signed an agreement with The Boeing Company (“Boeing”) to deliver additively manufacturing test parts for airplanes.
This initial agreement of AUD$170,000 for test parts enables Titomic to partner with Boeing, the world’s leading aerospace prime.
Mr. Jeff Lang, Titomic Managing Director commented:
“Titomic is pleased to announce this trial agreement with Boeing to deliver additively manufacturing test parts for airplanes.
Currently, with traditional manufacturing process, there is up to an 80% material waste and 6-month lead time to CNC machine these parts. These Titomic Kinetic Fusion (TKF) produced parts will allow Boeing a significant reduction in lead-times, improved performance for composite part production and cycle times."
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About The Boeing Company :
Boeing is the world's largest aerospace company and leading provider of commercial airplanes, defense, space and security systems, and global services. As the top U.S. exporter, the company supports commercial and government customers in more than 150 countries. Boeing employs more than 150,000 people worldwide and leverages the talents of a global supplier base. Building on a legacy of aerospace leadership, Boeing continues to lead in technology and innovation, deliver for its customers and invest in its people and future growth.
For more information, visit: www.boeing.com