Titomic Limited announces first sale of D623 cold spray system in Australia

Titomic Limited (ASX:TTT) has announced the sale of a Titomic D623 cold spray system for AUD 174,000 to United Industrial Solutions, marking the first deployment of the D623 system in Australia. United Industrial Solutions will utilize the D623 system to provide corrosion-resistant coatings for critical oil and gas assets in Western Australia, aiming to extend their lifespan and enhance resilience in harsh marine environments.

Executive Commentary on Titomic's D623 Sale

The sale of the D623 system to United Industrial Solutions marks a significant milestone for Titomic, demonstrating the growing demand for our advanced cold spray technology in the resource sector. This sale further solidifies our position as a leading provider of durable, corrosion-resistant coatings, and we are excited to support United Industrial Solutions in their efforts to enhance the longevity and resilience of vital energy and marine assets.

Summary of Titomic's D623 Sale and Outlook

Titomic Limited (ASX:TTT) has successfully completed the first sale of its D623 cold spray system in Australia to United Industrial Solutions, a specialist in coatings and corrosion mitigation for the resource sector. The deployment of the D623 system will enable United Industrial Solutions to offer corrosion-resistant coatings for critical oil and gas assets in Western Australia, contributing to the extension of asset lifespan and improved resilience in harsh marine environments. This sale reinforces Titomic's position in the energy and maritime sectors, highlighting the crucial role of cold spray technology in preserving and safeguarding essential assets. Looking ahead, Titomic aims to continue leveraging its advanced cold spray solutions to address the evolving needs of industries, supporting the longevity and durability of infrastructure worldwide.