Titomic to supply $2.4 million machine for use in world’s first tooling factory

Cold spray additive manufacturing company Titomic will manufacture invar 36 faceplates and other metal products at a new factory in the UK through a joint venture with Neos International.

In a statement to the ASX on Wednesday, Titomic cited an invar tooling market worth $500 million a year and its current go-to-market strategy, “with remaining joint ventures.” one of Titomic’s main commercial axes” for commercialization.

Invar is an iron-nickel alloy that expands and contracts little as temperature changes, making it popular in applications such as satellite bus manufacturing and tooling for composites.

Titomic Managing Director Herbert Koeck described the joint venture as “the culmination of years of research and development, dedication and focused business execution. Since late 2020, we have worked diligently alongside Nèos to develop best-in-class technology – technology that will redefine the possibilities of tooling and cold spray manufacturing.

Customers are targeted in the aerospace, space, defence, automotive and nuclear sectors in the UK and European markets.

The new factory in Halesowen, England has been described as a world first for large-scale additive manufacturing of invar 36 faceplate and metal product solutions. Titomic will supply a customized version of its TKF 2200 machine for an estimated fee at $2.4 million.

TKF is Titomic’s cold spray additive manufacturing method fuse metal particles by shooting them at supersonic speed across a substrate to create a shape.

Titomic announced its JV with Neos (formerly known as Hockley Pattern & Tool) in April last year.

Photo: Titomic

Subscribe for free to our @AuManufacturing newsletter here.

Source link

About Cecil D. Ramirez

Check Also

Sample Dividers Market 2022 | Industry Overview, Supply & Demand Analysis and Forecast 2028 – Indian Defense News

The Example of a divisor market research report has been compiled after careful observation …