Norsk Titanium Expands Rapid Plasma Deposition® Application with Two New Customers
Plattsburgh New York, July 8, 2025 - Norsk Titanium (Euronext: NTI, OTCQX:NORSF), a global leader in additive manufacturing for aerospace-gradestructuraltitanium components using its patented Rapid Plasma Deposition® (RPD®)technology, has signed contracts with two new customers in the Industrial andDefense segments that will generate revenue in the second half of the year. Within the Industrial segment, the company has received a production order forTitanium parts used in high-temperature applications from an undisclosedUnitedStates Government contractor. These parts will be used on specializedequipmentfor the Department of Energy. Norsk Titanium expects to fulfill the initialorder this year and expects recurring follow-on orders for part replacementsinthe years to come.
Separately, Norsk Titanium has received a purchase order from an undisclosedUnited States Government Department of Defense contractor for the productionofprototype defense articles. The order follows a successful audit by thecontractor of Norsk Titanium's production process site and the PlattsburghDevelopment and Qualification Center.
"These contracts are the result of our strategy and dedicated efforts tobroadenour customer portfolio in the Industrial and Defense sectors. These customersfind the lead times of traditional casting vendors unacceptably long andrecognize that our RPD® technology offers significant savings in terms oftime,energy, and material," said CEO Carl Johnson of Norsk Titanium. "We seesizeablemarket opportunities in both segments, adding to our main market inaerospace,"Johnson added.
Within the commercial aerospace industry, Norsk Titanium previously entered aMaster Supply Agreement with Airbus and continues recurring deliveries. NorskTitanium also continues to deliver recurring production parts for Boeingcommercial aircraft. For more information, please contact:
Carl Johnson, CEO Norsk Titanium ASEmail: carl.johnson@norsktitanium.com Tel: +1 518 324 4010
Boyd Adams, CCO Norsk Titanium ASEmail: boyd.adams@norsktitanium.com Tel: +1 518 324 4010
About Norsk Titanium
Norsk Titanium is a global leader in metal 3D printing, innovating the futureofmetal manufacturing by enabling a paradigm shift to a clean and sustainablemanufacturing process. With its proprietary Rapid Plasma Deposition® (RPD®)technology and installed production capacity to generate annual revenues ofapproximately USD 300 million, Norsk Titanium offers cost-efficient 3Dprintingof value-added metal parts to a large addressable market. RPD® technology usessignificantly less raw material, energy, and time than traditionalenergy-intensive forming methods, presenting customers with an opportunity tobetter manage input costs, logistics, and environmental impact. RPD® printedparts are already flying on commercial aircraft, and Norsk Titanium has gainedsignificant traction with large defense and industrial customers.
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