Titomic Limited (ASX: $TTT) has reported receiving new purchase orders worth A$577k from an undisclosed global U.S. aerospace and defence prime. This marks a significant milestone in the Company's relationship with the global U.S. aerospace and defence prime, reflecting a qualification period spanning several years with cumulative orders on this project now totaling over A$1.0 million. Titomic has seen success across several other defence and aerospace projects, including its first sale to Triton Systems, OMIC R&D, and the launch of its joint venture with Repkon in recent months. The A$577K order adds to the overall positive momentum in Titomic's business, with the Company having received A$8.0 million in new orders since March this year.
This is a steady advancement and another important step for Titomic. Titomic's receipt of these additional purchase orders from this global U.S. aerospace and defence prime highlights the Company's progress and strategic positioning in the aerospace and defence industries. Aerospace and defence are demanding and competitive, and we are breaking new ground with our cold spray technology as our aerospace and defence customers continue to collaborate closely on several potential high-value-added projects.
Titomic Limited (ASX: $TTT) has made further advances in the U.S. defence and aerospace industries, receiving new purchase orders worth A$577k from an undisclosed global U.S. aerospace and defence prime. These orders represent a significant milestone in the Company's relationship with this global U.S. aerospace and defence prime, reflecting a qualification period spanning several years with cumulative orders on this project now totaling over A$1.0 million. The Company has also seen success across several other defence and aerospace projects, including its first sale to Triton Systems, OMIC R&D, and the launch of its joint venture with Repkon in recent months. The A$577K order adds to the overall positive momentum in Titomic's business, with the Company having received A$8.0 million in new orders since March this year. Titomic's Managing Director, Mr. Herbert Koeck, emphasized the significance of these orders, highlighting the Company's progress and strategic positioning in the aerospace and defence industries. The Company continues to break new ground with its cold spray technology as its aerospace and defence customers collaborate closely on several potential high-value-added projects.