Norsk Titanium AS (DE:84F) has released an update.
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Norsk Titanium AS, a leader in metal 3D printing, has shown substantial growth in the first half of 2024, securing key agreements in the aerospace and defense sectors, and advancing in the semiconductor industry. Despite some delays in part transitions expected to spill into 2025, the company has made significant progress towards its production and revenue goals, with a strong financial position backed by a cash balance of USD 23.9 million. The company remains confident in its technology and growth trajectory, targeting a USD 150 million revenue by 2026.
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