Titomic Awarded AU$550K in Oil & Gas Cold Spray Contracts

Titomic Limited (ASX: TTT), a global supplier of industrial-scale cold spray additive manufacturing and coating solutions, has secured two contracts valued at more than A$550,000, expanding its presence in the global oil and gas sector. The first contract, valued at €265,000 (approximately AU$427,000), was awarded by ASMA Company for Advanced Technologies in Saudi Arabia for a TKF 623 medium-pressure cold spray turnkey system for use at King Fahd University of Petroleum and Minerals (KFUPM).

The system will integrate robotic automation, powder and gas management and process monitoring to support testing and development for oil and gas applications. It builds on an existing TKF 523 lowpressure system in Saudi Arabia, expanding Titomic’s installed technology base and supporting future equipment, training, service and application-development opportunities in the region.

The second contract, valued at €78,000 (approximately AU$126,000), was awarded by a leading Norwegian industrial services provider for a ruggedized TKF 523 low-pressure cold spray system. Designed for demanding field environments, the system will support repair and maintenance of onshore and offshore oil and gas infrastructure closer to the point of need.

“These awards further expand Titomic’s presence in the oil and gas sector and build on our DNV-qualified cold spray capabilities,” said Jim Simpson, Managing Director & CEO of Titomic Limited. “Expanding our installed base in Saudi Arabia and deploying a ruggedized TKF 523 in Norway demonstrates the versatility of our technology and creates opportunities for deeper customer engagement and future growth.”

(Source: Titomic Ltd.)