Norsk Titanium Secures Defense Department Order

Norsk Titanium AS (DE:84F) has released an update.

Norsk Titanium, a leader in additive manufacturing, has secured a production order from a prime contractor for the U.S. Department of Defense, marking a significant step in their growth strategy. The company aims to expand its footprint in the defense sector to complement its commercial aerospace market presence. This deal is a result of Norsk Titanium’s extensive development and qualification with defense contractors and is expected to boost serial production revenues.

For further insights into DE:84F stock, check out TipRanks’ Stock Analysis page.