Titomal (ASX: TTT) has secured a $1.1 million sale of its custom Kinetic Fusion cold spray system to the University of North Texas (UNT) to support advanced manufacturing research and industry collaboration.
“Cold spray” involves spraying metal or other materials at high speed onto a surface to create a coating or build a solid structure.
The system will be installed at UNT’s Center for Agile and Adaptive Additive Manufacturing (CAAAM), a research institute focused on next-generation additive manufacturing.
The system is expected to facilitate education, research and local industry partnerships, positioning UNT as a key innovation hub.
Geoff Hollis, Titomic’s chief financial officer, said the deal provides increased visibility and validation for Titomic’s technology in the U.S. market.
Titomic shares are trading up 4.41% at $17.75 following this news.
