Norsk Titanium Completes Full Scale Article Testing with GA-ASI

Rhea-AI Summary

Norsk Titanium US Inc. (OTCQB: NORSF), a leader in metal 3D printing, announced successful testing of its Rapid Plasma Deposition® (RPD®) technology with General Atomics Aeronautical Systems, Inc. (GA-ASI). The program, initiated in 2021, evaluated RPD® for structural applications, showing promising results for a landing gear component. This collaboration supports GA-ASI's integration of additive manufacturing into its operations, enhancing efficiency. Norsk Titanium aims to leverage the relationship to expand its presence in the defense sector.

Positive

• Successful component testing with GA-ASI indicating promising performance.
• Potential expansion into the defense market due to collaboration.

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• None.

PLATTSBURGH, N.Y.--(BUSINESS WIRE)-- Norsk Titanium US Inc. (OSL: NTI, OTCQB: NORSF), a global leader in metal 3D printing through its Rapid Plasma Deposition^® (RPD^®) technology, announces successful component level testing with General Atomics Aeronautical Systems, Inc. (GA-ASI).

Finished GA-ASI Component & Norsk Titanium RPD® Form (Photo: Business Wire)

Started in 2021, the test program explored the application of Norsk Titanium’s RPD^® technology in significant structural applications for GA-ASI products. The preliminary test results for the selected landing gear component indicated promising performance.

This effort was performed as part of Norsk Titanium’s expansion into the defense market with Norsk Titanium US producing the test component using their patented RPD^® additive technology. GA-ASI additive and structural engineering teams conducted inspection and functional load testing as well as material testing. Testing was conducted in support of the GA-ASI mission to enable and accelerate additive manufacturing technology integration into their design & manufacturing operations, processes, and products maximizing the buy-to-fly ratio benefits for GA-ASI and their customers.

“We would like to thank GA-ASI for their support of our technology and the additive industry in general,” said Nicholas Mayer, Norsk Titanium Vice President, Commercial. “We believe there is a good fit for our technology in GA-ASI applications that traditionally call for long lead time forgings. Our team is ready to support GA-ASI as they continue their qualification process and further develop their DED additive applications.”

ABOUT NORSK TITANIUM

Norsk Titanium is a global leader in metal 3D printing, innovating the future of metal manufacturing by enabling a paradigm shift to a clean and sustainable manufacturing process. With its proprietary Rapid Plasma Deposition^® (RPD^®) technology and 700 MT of production capacity, Norsk Titanium offers cost-efficient 3D printing of value-added metal parts to a large addressable market. The RPD^® technology uses significantly less raw material, energy, and time than traditional energy-intensive forming methods, presenting customers with an opportunity to better manage input costs, logistics, and environmental impact. RPD® printed parts are already flying on commercial aircraft, and Norsk Titanium has gained significant traction with large defense and industrial customers.

www.norsktitanium.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20220426005084/en/

Lauren Quesada, Griffin Communications Group

Lauren@griffincg.com;+1 281-744-7938

Source: Norsk Titanium US Inc.

FAQ

What recent development occurred with Norsk Titanium and General Atomics?

Norsk Titanium announced successful component testing of its RPD® technology with General Atomics, indicating promising results for a landing gear component.

How does Norsk Titanium's RPD® technology benefit the defense industry?

RPD® technology reduces lead times and production costs, enhancing efficiency in manufacturing processes for the defense sector.

What is the significance of the testing results for Norsk Titanium's future?

The successful testing positions Norsk Titanium for potential growth and collaboration in the defense market, enhancing its business opportunities.