Titomic Limited announces strategic sale to Triton Systems

Titomic Limited (ASX: $TTT) has announced the strategic sale of a custom Titomic Kinetic Fusion System (TKF System) to U.S. based Triton Systems Inc. for USD 808,000 (AUD 1.2M). The TKF System will be delivered within 9 months, marking Titomic's first sale of a TKF System within the United States.

Executive Commentary on Strategic Sale

This sale, following Triton's rigorous testing and subsequent adoption, is a major validation of Titomic's commercial strategy and technology. It highlights the importance of our Kinetic Fusion technology in the United States and global defence sectors and sets the stage for further sales, showcasing proven implementation and innovation in defence and commercial manufacturing.

Summary of Titomic's Strategic Sale to Triton Systems

The strategic sale of the TKF System to Triton Systems for USD 808,000 demonstrates Titomic's success in expanding its market presence in the United States and its growing significance in the global defence sector. The partnership with Triton signifies a strong endorsement of Titomic's Kinetic Fusion technology, positioning the company as a key player in meeting stringent industry standards and catering to the demanding defence and commercial applications. This sale not only validates Titomic's commercial strategy and technology but also paves the way for future sales, emphasizing the proven implementation and innovation in defence and commercial manufacturing. The collaboration with Triton reinforces Titomic's position in the defence sector globally, supporting its commercial strategy and signaling a growing need for advanced manufacturing capabilities in the defence industry. The sale of the TKF System to Triton Systems marks a significant milestone for Titomic, showcasing its ability to deliver superior solutions for defence and commercial applications and further solidifying its position as a leading provider of cold spray solutions.