Titomic Limited (ASX: $TTT) has reported significant advances in the global defence sector, securing contracts with international defence prime contractors and key suppliers. These contracts represent A$476k in revenue for Titomic, with further revenue generation expected through ongoing advancement of these engagements.
We are thrilled to have secured these engagements with international defence primes and key suppliers to the global defence and aerospace sectors. We are working closely with our partners to apply Titomic's industry-leading cold spray capabilities in these new applications encompassing defence component design and supply, and research and development manufacturing projects. These projects present significant long term revenue generation opportunities for Titomic as adoption of our technology expands within these projects and within the broader defence sector.
Titomic Limited (ASX: $TTT) has made significant progress in the global defence sector, securing contracts with international defence prime contractors and key suppliers, generating A$476k in revenue. The company is forming long-term strategic relationships in the global defence sector, with further revenue generation expected through the ongoing advancement of these engagements. Due to legislative and regulatory restrictions governing information disclosure in the defence sector, the nature of these engagements and the contract counterparties are restricted from disclosure. However, Titomic anticipates further revenue generation opportunities as adoption of its technology expands within these projects and the broader defence sector.