Titomic and SAE International Set New Standard for Cold Spray Technology in Aerospace
TITOMIC LIMITED (TTT) Share Update December 2024 Tuesday 10th
Titomic Develops New Cold Spray Standard with SAE International
Titomic Limited (ASX: TTT), a leader in cold spray solutions, has announced the successful development of a new cold spray standard in collaboration with SAE International, marking a significant advancement in aerospace manufacturing.
Instant Summary:
- Titomic co-developed SAE's Cold Spray Additive Manufacturing Specification, AMS 7057.
- The project began in February 2023 with Titomic's sponsorship and expertise.
- The new standard facilitates adoption in aerospace, defense, and other regulated industries.
- Airbus selected Titomic as its cold spray supplier in October 2023.
- The standard enhances Titomic's position for U.S. Government support and commercial engagements.
Development of the New Standard
Titomic Limited has successfully co-developed a new Cold Spray Additive Manufacturing Specification, AMS 7057, with SAE International. This project, initiated in February 2023, was driven by Titomic's sponsorship and technical expertise, aiming to standardize cold spray technology as a globally recognized manufacturing and repair process.
The specification leverages Titomic's proprietary technology, Titomic Kinetic Fusion, and reflects the high quality and reliability of components manufactured through this method. Industries now have a trusted framework for adopting cold spray technology, which is crucial for manufacturing and repair processes.
Implications for Regulated Industries
With the new specification in place, industries such as aerospace and defense are expected to streamline their certification processes. The standard provides an established benchmark that simplifies adherence to stringent regulatory and quality assurance requirements.
Airbus's selection of Titomic as its cold spray supplier underscores the growing acceptance and potential of this technology. Titomic is actively collaborating with multiple aircraft manufacturers to integrate cold spray technology into their operations.
Strategic Positioning and Future Prospects
The specification strengthens Titomic's position for U.S. Government support, with potential involvement in Department of Defense contracts, NASA programs, and initiatives by the Office of Strategic Capital. This positions Titomic as a key player in addressing national security and technological priorities.
Jim Simpson, President of Titomic USA, highlighted the strategic advantages of SAE AMS7057 compliance, emphasizing the company's ability to capitalize on U.S. Government opportunities and initiatives aimed at fostering domestic innovation and manufacturing.
The establishment of a new cold spray standard is a major milestone for Titomic, potentially boosting its stock value as it opens doors to new markets and government contracts. The standardization could lead to increased adoption of Titomic's technology across various industries, enhancing its competitive edge.
Investor Reaction:
Analysts are likely to view this development positively, as it positions Titomic for growth in the aerospace and defense sectors. The collaboration with SAE International adds credibility and may attract further investment interest.
Conclusion:
Investors should consider the long-term potential of Titomic's cold spray technology, especially in light of the new standard. This development could significantly impact the company's growth trajectory and market position.