Norsk Titanium (OTCQX:NORSF) AS, a global leader in Directed Energy Deposition (DED) additive manufacturing for aerospace-grade structural titanium components, said it is expanding into the industrial manufacturing market through its long-time partnership with Hittech Group.
The company said under a recurring purchase order from Hittech Group, based in Den Haag, Netherlands, it has commenced serial production of an additively manufactured 80 kg Ti 6-4 component for the industrial market.
Production of the components commenced at Norsk’s development centre in Hønefoss Norway and will transition to its state-of-the-art Plattsburgh Production Center in New York.
READ: Norsk Titanium achieves key milestones in first half of 2022; on track to transition to serial production in 2023
Norsk’s patented Rapid Plasma Deposition (RPD) was selected for this partnership as a raw material replacement to legacy milled titanium plate, the company said.
“RPD is uniquely suited for this application,” Norsk VP for commercial Nicholas Mayer explained.
“The high deposition rate and near net shape part that our process delivers allows our customer to reduce their raw material costs and improve their productivity. This effectively increases their capacity without any capital investment.”
He added that entry into the industrial market is key to the company’s long-term growth.
“This production milestone is one of our primary goals for this year along with expansion of our commercial aerospace customer base, and penetration of the US defense market,” Mayer said.
Norsk Titanium is a global leader in metal 3D printing, innovating the future of metal manufacturing by enabling a paradigm shift to a clean and sustainable manufacturing process.
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