tiprankstipranks
K-TIG Acquires Innovative U.S. Metal Powder Firm
Company Announcements

K-TIG Acquires Innovative U.S. Metal Powder Firm

K-TIG Ltd (AU:KTG) has released an update.

Pick the best stocks and maximize your portfolio:

K-TIG Ltd has entered a binding agreement to acquire Metal Powder Works, a U.S.-based company known for its innovative DirectPowder™ process. This acquisition marks a significant shift for K-TIG, enhancing its focus on producing high-quality metal powders for additive manufacturing. The DirectPowder™ process is notable for its high yield and environmental benefits, promising to revolutionize powder production with its efficiency and low emissions.

For further insights into AU:KTG stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App