Norsk Titanium is in the process of receiving a qualification order from a U.S. defense prime contractor, the first step toward supplying parts on a high-rate missile defense program, with potential for significant sales revenue in 2027 and further growth in 2028.
Norsk Titanium has installed its first Rapid Plasma Deposition machine at Airbus in Varel, Germany, under a Cooperation and Research Agreement to industrialize RPD within the Airbus production environment.
Norsk Titanium has started deliveries under a previously announced USD 4.2 million development contract for submarine applications.
Norsk Titanium has received a purchase order from Rolls-Royce for a titanium component being explored for use across current civil aerospace engine programs.