Titomic's Partnership with Woodside Energy

Titomic Limited (ASX: $TTT) has announced its partnership with Woodside Energy (ASX: $WD) to use the D523 System, a low-pressure cold spray system, at its North Rankin offshore gas platform in the Indian Ocean. This marks Titomic's first entry into the oil and gas sector, presenting a significant market opportunity and validation, particularly working with industry leaders Woodside and Monadelphous as first customers.

Executive Commentary on Woodside Energy Partnership

We are thrilled to see our technology being recognised and implemented by industry leaders like Woodside Energy and Monadelphous. This partnership not only validates the effectiveness of our cold spray solutions but also opens the door to further opportunities in the oil and gas sector. Having two companies of this repute as our first partners in the oil and gas sector places us in a commanding position to capitalise on the opportunities this industry could bring to Titomic. We look forward to a productive collaboration that will showcase the long-term benefits of our innovative technology to the world.

Summary of Titomic's Partnership with Woodside Energy

Titomic's partnership with Woodside Energy to use the D523 System at its offshore gas platform marks the company's first foray into the oil and gas sector, presenting a significant market opportunity and validation. The remote nature of much of the oil and gas industry makes on-site repairs and limited disassembly enabled by Titomic's technology highly compelling. The successful implementation of cold spray in a remote oil and gas environment is expected to generate significant positive exposure for Titomic and tangible evidence of the technology's efficacy in such a globally significant sector. This move signifies a successful step in the research and testing of cold spray technology for corrosion resistance and repair in the oil and gas sector, with potential for further opportunities and long-term benefits for Titomic.