3D printer and market darling Titomic is sailing ahead with a plan to print ship parts for Fincantieri — one of the biggest naval vessel producers on the planet.
Melbourne-based Titomic (ASX:TTT) — which is up around 1125 per cent on last year’s IPO price — is in the “metal additive manufacturing” game.
Its 3D printing technique, Titomic Kinetic Fusion, can build metal parts to customisable shapes for use in a whole range of sectors, from aerospace to sporting goods.
The technology, which was co-developed at CSIRO, can produce parts up to 30 times faster than conventional hardware and can join dissimilar metals together to produce one structure, without the need for welding or joining.