TITOMIC
5.10.2020 09:32:12 CEST | Business Wire | Press release
Melbourne-based industrial additive manufacturing company, Titomic Limited, has entered into a commercial research and development agreement with RMIT University (“RMIT”) to be conducted on behalf of Lockheed Martin – a major aerospace and defence company. The study will assess the capabilities of Titomic Kinetic Fusion® (TKF) to create structural satellite parts made from a high-performance metal. Titomic’s participation in this joint research project will analyse the various capabilities of both traditional and additive manufacturing methods relative to radiation shielding within satellites.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201005005042/en/
Under this research agreement, Titomic will manufacture high-performance, metal demonstration samples for satellite parts using its industrial-scale additive manufacturing process, Titomic Kinetic Fusion®. This research project may also lead to commercial opportunities for Titomic within the space and defence sectors following the successful validation of the additively manufactured demonstration satellite parts. The small satellite components (cubes) market for commercial and government applications in the main areas of telecommunications, broadcasting, and data communications, with the market size anticipated to grow from USD $4.18B in 2018 to USD $18.30B by 2026, at a CAGR of 20.28%1 .
Titomic’s Managing Director Jeff Lang stated:
“Titomic is excited to be involved in this RMIT joint research initiative alongside the global defence and aerospace prime, Lockheed Martin, to provide significant benefit for all involved. As we demonstrate the unique capabilities of Titomic Kinetic Fusion® for the additive manufacture of satellite structures using high-performance metals and super alloys, we are also enabling exponentially faster production to reduce lead-times for the space industry, from months to hours, compared to traditional processes.”
RMIT University’s Professor Milan Brandt stated:
"RMIT Centre for Additive Manufacturing is excited to be working with long term partner Lockheed Martin and Titomic to advance the state of the art in advanced manufacturing methods for protection of satellites from space radiation. The combination of additive manufacturing and highly-dense materials for this application offers new opportunities for not only increased radiation resistance but significantly reduced lead times for manufacture of new satellites."
Visit https://titomic.com/
1. |
Fortune Business Insights |
|
https://www.fortunebusinessinsights.com/industry-reports/small-satellite-market-101917 |
|
|
2. |
Australia’sCriticalMineralsStrategy2019 |
|
|
|
|
View source version on businesswire.com: https://www.businesswire.com/news/home/20201005005042/en/
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
IQM and Real Asset Acquisition Corp. Announce Public Filing of Form F-4 Registration Statement with the SEC14.5.2026 15:55:00 CEST | Press release
This filing marks an important milestone in the transaction, moving IQM closer to becoming the first European quantum computing company to go public. Global commercial leader with 23 systems sold to customers to date – including 4 out of the top 10 supercomputing centres and increasing adoption by enterprise customers. Industrial leader with 15 systems delivered (largest number publicly disclosed by selected quantum companies1), 30+ computers built, own chip factory, assembly line and quantum data centre. The transaction values IQM at a pre-money equity valuation of approximately USD 1.8 billion. With the close of this transaction, IQM’s cash position is expected to be up to EUR 397 million (USD 465 million).2 Significant business momentum, with 2025 revenue of USD 36 million3 or over EUR 31 million. IQM intends to apply for its shares to be admitted to trading on Nasdaq Helsinki following the Business Combination. IQM Finland Oy, a global leader in full-stack superconducting quantum c
MOBX to Acquire U.S. Defense Rare Earth, Critical Minerals Company14.5.2026 15:40:00 CEST | Press release
Mobix Labs (Nasdaq: MOBX) today announced a non-binding Letter of Intent to acquire Special Project Delivery LLC ("SPD"), a U.S. company building sovereign supply chains for rare earth elements, critical minerals, and energy storage. The proposed acquisition would extend Mobix Labs' national security work — already supplying U.S. and allied fighter jets, missiles, submarines, and satellites — directly into one of the world's most strategically important industrial sectors. MOBX is moving directly into the supply chain powering modern defense, aerospace, and AI infrastructure. Forward-Looking Statements This press release contains forward-looking statements regarding the proposed acquisition of Special Project Delivery LLC ("SPD"), which are subject to risks and uncertainties described in Mobix Labs' SEC filings and similar provisions under applicable non-U.S. securities laws. The Letter of Intent is non-binding, and there can be no assurance that a definitive agreement will be executed
Flick Raises $6M Seed Round to Redefine How AI Films Are Created14.5.2026 15:19:00 CEST | Press release
Backed by True Ventures, GV (Google Ventures), and Y Combinator, Founded by Award-Winning Filmmaker Zoey Zhang and Instagram Stories Founding Engineer Ray Wang Flick (flick.art), an AI-native filmmaking platform founded by award-winning filmmaker Zoey Zhang and founding Instagram engineer Ray Wang, today announced it has raised $6 million in a seed round from True Ventures, GV (Google Ventures), Y Combinator, Lightspeed, Formosa Capital, Pioneer Fund, Olive Tree Capital, and N1 in addition to angel investors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260514408256/en/ Flick was built around a simple belief: AI should enhance filmmaking, not replace it. Instead of another one-click video generator, Flick gives filmmakers cinematic control through an AI-native creative workflow designed for storytelling, iteration, and artistic direction. Flick will use the seed funding to accelerate product development, expand its core cr
PIF Named as Official Tournament Supporter of FIFA World Cup 2026™14.5.2026 15:08:00 CEST | Press release
PIF strengthens partnership with FIFA at FIFA World Cup 2026™ as Official Tournament Supporter, incorporating PIF companies, Savvy Games Group and Qiddiya City Announcement builds on successful FIFA Club World Cup 2025™ partnership and reflects PIF’s and FIFA’s shared commitment to driving growth and engagement in football Partnership reinforces PIF’s ongoing commitment to sport as priority sector PIF and FIFA has announced PIF as an Official Tournament Supporter in North America and Asia of the FIFA World Cup 2026™. The partnership reflects a shared commitment to expanding the growth of football at every level, from the grassroots to elite competition, as well as enabling greater participation in sport by unlocking new opportunities. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260514974404/en/ 14 May, 2026: Front row (L-R), Romy Gai, Chief Business Officer, FIFA and Kevin Foster, Managing Director and Head of Corporate A
Planet Releases First Light from Latest Pelican Launch, Including Imagery from Sweden’s First Sovereign Satellite14.5.2026 15:04:00 CEST | Press release
Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about change on Earth, today released first light images from its latest Pelican launch, including the Swedish Armed Forces (SwAF)’s first ever sovereign satellite. Planet launched these three Pelican spacecraft to orbit aboard the CAS500-2 rideshare mission with SpaceX from Vandenberg Space Force Base in California on May 3, 2026. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260514665846/en/ Ambursu, Nigeria • May 11, 2026 • Altitude: 510 km • Pelican Planet received high-resolution first light imagery from the Pelican satellites within days of their May 3 launch. Each satellite captured imagery from around the world, including Gotland, Sweden, on May 7, 2026, from an altitude of 515 km; Taiyuan, in Shanxi, China, on May 5, 2026, from an altitude of 512 km; and Ambursu, Nigeria, on May 11, 2026, from an altitude of 510 km. As the spacecraft complete
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom