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79.95
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2,402.70
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101.55
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40,415.44
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39,676.34
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39,676.34
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41.42
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101.55
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101.55
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Titomic (ASX:TTT) succeeds with inaugural sales in mining services and US markets

Titomic Limited's successful expansion into new markets


Titomic Limited (ASX:TTT) has achieved a significant milestone with the sale of two D523 low-pressure cold spray systems, one in Kalgoorlie, Western Australia, and the second in Texas, USA, with a combined value of A$198,829. These sales mark a pivotal moment in the Company's expansion into new markets, particularly in the mining services industry in Western Australia and the US market.

Executive commentary on strategic sales


The successful sale of our D523 systems in Western Australia and Texas marks a significant stride in our strategic plan to enhance our footprint in essential industries. These transactions not only reflect our unwavering commitment to addressing the dynamic needs of these sectors but also showcase the strength and versatility of our advanced technological solutions. The accomplishment achieved by Anywise America is a testament to our strategic alignment and underlines the adaptability and relevance of our technology across diverse regional markets. As we move forward, we are excited to continue championing the growth and efficiency of industries, particularly in mining, through our innovative and transformative manufacturing technologies.

Summary of Titomic's expansion and outlook


Titomic Limited has successfully made its inaugural sales in the mining services industry in Western Australia and the US market, signifying a strategic entry into these regions. The sales of the D523 low-pressure cold spray systems highlight the adaptability and mobility of the technology for the demands of the mining servicing industry and mark the beginning of a promising partnership in the American market. With over 133 Titomic cold spray systems in operation globally, the Company's presence is now more pronounced than ever. These initial sales are just the beginning of Titomic's expansion into new territories, showcasing the Company's commitment to innovation and its capability to meet diverse industry needs across the globe. The future looks bright for Titomic as it continues to break new ground and set new standards in advanced manufacturing and coatings technology.

Sourcehttps://announcements.asx.com.au/asxpdf/20231207/pdf/05y9ggt6f0zx62.pdf

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