Norsk Titanium - Strong Endorsment from Scatec
Scatec provided more funding to Norsk Titanium.
Norsk Titanium ble notert på Euronext Growth under børsboomen. Siden den gang har aksjen falt nesten 80 prosent, og nå varsler det en strategisk gjennomgang av selskapet.
Publisert 12. sep. 2023 kl. 16.06
Lesetid: 3 minutter
KREVENDE Å HENTE KAPITAL: – Det har vist seg krevende å hente kapital over Euronext Growth for denne typen langsiktige industrielle satsninger, sier styreleder i Norsk Titanium og adm. direktør i Scatec Innovation, John Andersen Jr.
Industri
Benedicte Storm Bamvik
Da Norsk Titanium ble notert på handelsplassen Euronext Growth i 2021 ble selskapet omtalt som «teknologisk globalt ledende» i luftfartssektoren, i deres satsing på 3D-printing av metaller, rettere sagt titan.
Selskapet ble priset til 2,1 milliarder kroner før de hentet over 400 millioner kroner i forkant av børsnoteringen, der blant annet Johan H. Andresens Ferd dukket opp på aksjonærlisten.
Til tross for at selskapet gikk på børs med underskudd på over 850 millioner kroner som hadde samlet seg opp siden starten av 2007, hevdet styreleder John Andersen at børsnoteringen ville vise seg å være en god investering «etter hvert som selskapet for alvor tar fatt på industrialiseringen».
Etter 28 måneder med kurshavari på Oslo Børs har selskapet engasjert BNP Paribas for å gi selskapet råd om strategiske alternativer for selskapet.
– Krevende
– Norsk Titanium har hatt god industriell fremgang det siste året, og selskapet har en stadig økende aktivitet i tett samarbeid med strategiske kunder som Boeing og Airbus, forteller styreleder John Andersen.
Styrelederen understreker også at selskapet er vitne til en økende etterspørsel etter titan-komponenter for bruk innenfor andre industrier og forsvarssektoren.
– Det har imidlertid vist seg krevende å hente kapital over Euronext Growth for denne typen langsiktige industrielle satsninger, sier han.
– Slik situasjonen nå er i kapitalmarkedet mener vi derfor det er riktig å vurdere nærmere om den økende interessen vi ser for Norsk Titanium fra industrielle aktører, også kan være et grunnlag for tilførsel av kapital for videre vekst og utvikling.
Pengetrøbbel
Siden selskapet ble notert på Oslo Børs har aksjen rast 78,6 prosent fra 10,50 til 2,25 kroner, og har børsverdien kokt ned til 607 millioner kroner.
I april hyret selskapet inn Seaport Global Securities i New York for å hente inn ytterligere aksje- og/eller fremmedkapital i internasjonale markeder.
Kapitalen skulle støtte opp om selskapets langsiktige vekststrategi som sikter mot inntekter på 150 millioner dollar i 2026 – et mål som fortsatt står ifølge halvårsrapporten som ble sluppet i august.
Til sammenligning hadde Norsk Titanium inntekter på 3,2 millioner dollar i 2022, ned fra 5,3 millioner dollar i 2021. Kontantbeholdningen hadde også krympet med 15,2 millioner dollar år-over-år, mens resultatet landet på minus 9,4 millioner dollar, opp fra minus 16,1 millioner dollar i 2021.
STRATEGISK GJENNOMGANG: Norsk Titanium gikk på børs under noteringsboomen i 2021. Etter et kursfall på 80 prosent har de nå engasjert BNP Paribas for å gi selskapet råd om strategiske alternativer for selskapet.
Engasjementet av Seaport Global Securities skjedde bare et par uker etter at selskapet hadde gjennomført en rettet emisjon på 89 millioner kroner til en kurs på 3 kroner per aksje – 2,08 kroner under daværende aksjekurs.
I halvårsrapporten som ble sluppet 30. august opplyste selskapet at denne emisjonen var tilstrekkelig til å finansiere driften ut måneden, men at de var i samtaler med flere potensielle investorer angående ny finansiering.
For å «lette på videre drift» hadde de derimot fått et bro-lån på 2 millioner amerikanske dollar fra deres to største aksjonærer, Norsk Titanium Cayman Limited og Scatec Innovation, som gir Norsk Titanium likviditet ut september.
Norsk Titanium ble notert på Euronext Growth under børsboomen. Siden den gang har aksjen falt nesten 80 prosent, og nå varsler det en strategisk gjennomgang av selskapet.
Publisert 12. sep. 2023 kl. 16.06
Lesetid: 3 minutter
KREVENDE Å HENTE KAPITAL: – Det har vist seg krevende å hente kapital over Euronext Growth for denne typen langsiktige industrielle satsninger, sier styreleder i Norsk Titanium og adm. direktør i Scatec Innovation, John Andersen Jr.
Industri
Benedicte Storm Bamvik
Da Norsk Titanium ble notert på handelsplassen Euronext Growth i 2021 ble selskapet omtalt som «teknologisk globalt ledende» i luftfartssektoren, i deres satsing på 3D-printing av metaller, rettere sagt titan.
Selskapet ble priset til 2,1 milliarder kroner før de hentet over 400 millioner kroner i forkant av børsnoteringen, der blant annet Johan H. Andresens Ferd dukket opp på aksjonærlisten.
Til tross for at selskapet gikk på børs med underskudd på over 850 millioner kroner som hadde samlet seg opp siden starten av 2007, hevdet styreleder John Andersen at børsnoteringen ville vise seg å være en god investering «etter hvert som selskapet for alvor tar fatt på industrialiseringen».
Etter 28 måneder med kurshavari på Oslo Børs har selskapet engasjert BNP Paribas for å gi selskapet råd om strategiske alternativer for selskapet.
– Krevende
– Norsk Titanium har hatt god industriell fremgang det siste året, og selskapet har en stadig økende aktivitet i tett samarbeid med strategiske kunder som Boeing og Airbus, forteller styreleder John Andersen.
Styrelederen understreker også at selskapet er vitne til en økende etterspørsel etter titan-komponenter for bruk innenfor andre industrier og forsvarssektoren.
– Det har imidlertid vist seg krevende å hente kapital over Euronext Growth for denne typen langsiktige industrielle satsninger, sier han.
– Slik situasjonen nå er i kapitalmarkedet mener vi derfor det er riktig å vurdere nærmere om den økende interessen vi ser for Norsk Titanium fra industrielle aktører, også kan være et grunnlag for tilførsel av kapital for videre vekst og utvikling.
Pengetrøbbel
Siden selskapet ble notert på Oslo Børs har aksjen rast 78,6 prosent fra 10,50 til 2,25 kroner, og har børsverdien kokt ned til 607 millioner kroner.
I april hyret selskapet inn Seaport Global Securities i New York for å hente inn ytterligere aksje- og/eller fremmedkapital i internasjonale markeder.
Kapitalen skulle støtte opp om selskapets langsiktige vekststrategi som sikter mot inntekter på 150 millioner dollar i 2026 – et mål som fortsatt står ifølge halvårsrapporten som ble sluppet i august.
Til sammenligning hadde Norsk Titanium inntekter på 3,2 millioner dollar i 2022, ned fra 5,3 millioner dollar i 2021. Kontantbeholdningen hadde også krympet med 15,2 millioner dollar år-over-år, mens resultatet landet på minus 9,4 millioner dollar, opp fra minus 16,1 millioner dollar i 2021.
STRATEGISK GJENNOMGANG: Norsk Titanium gikk på børs under noteringsboomen i 2021. Etter et kursfall på 80 prosent har de nå engasjert BNP Paribas for å gi selskapet råd om strategiske alternativer for selskapet.
Engasjementet av Seaport Global Securities skjedde bare et par uker etter at selskapet hadde gjennomført en rettet emisjon på 89 millioner kroner til en kurs på 3 kroner per aksje – 2,08 kroner under daværende aksjekurs.
I halvårsrapporten som ble sluppet 30. august opplyste selskapet at denne emisjonen var tilstrekkelig til å finansiere driften ut måneden, men at de var i samtaler med flere potensielle investorer angående ny finansiering.
For å «lette på videre drift» hadde de derimot fått et bro-lån på 2 millioner amerikanske dollar fra deres to største aksjonærer, Norsk Titanium Cayman Limited og Scatec Innovation, som gir Norsk Titanium likviditet ut september.
Svare for meg selv. I VPS så sto det tydelig at det var mulig og overtegne.
kentove
20.02.2024 kl 23:16
4705
Slettet brukerskrev Det var mulig å overtegne på rettighetene. Jeg kjøpte ikke rettigheter, jeg hadde.
Var mulig med overtegning, men ble dårlig kommunisert stort sett, stod vel ikke i de fleste meldingene... Fant det ut til slutt, usikker på hvorfor de ikke skrev d i meldingene tydeligere, iallefall når de største uansett ville få sine andeler
asbjørnsen skrev Overtegning? ..the partially underwritten rights issue of..
Det var mulig å overtegne på rettighetene.
Jeg kjøpte ikke rettigheter, jeg hadde.
Jeg kjøpte ikke rettigheter, jeg hadde.
Redigert 20.02.2024 kl 23:00
Du må logge inn for å svare
asbjørnsen
20.02.2024 kl 22:54
4620
Slettet brukerskrev Bare å håpe det ble noen på overtegningen også:)
Overtegning?
..the partially underwritten rights issue of..
..the partially underwritten rights issue of..
Billyjojimbob skrev https://newsweb.oslobors.no/message/611398
Bare å håpe det ble noen på overtegningen også:)
NordicGuy
20.02.2024 kl 09:39
4721
ALL MAJOR INVESTORS BOUGHT SHARES IN THE CAPITAL RAISING
Norsk Titanium AS: Exercise of subscription rights by close associates to primary insiders and major shareholders
20 FEB 2024 00:03 CET
COMPANY NAME
NORSK TITANIUM AS
ISIN
NO0010969108
MARKET
Euronext Growth
SYMBOL
NTI
Oslo, Norway, 19 February 2024: Reference is made to the stock exchange
announcement published by Norsk Titanium AS (the "Company") on 6 February 2024
regarding the receipt of subscription rights by certain primary insiders and
close associates of primary insiders of the Company in connection with the
commencement of the subscription period for the partially underwritten rights
issue (the "Rights Issue"). Each subscription right gives the right to subscribe
for and be allocated one offer share in the Rights Issue.
Today, Norsk Titanium Cayman Ltd and Scatec Innovation AS, both close associates
to primary insiders of the Company, have exercised 14,659,698 and 40,559,036
shares subscription rights, respectively, at the subscription price in the
Rights Issue. Furthermore, White Crystals Ltd., the Company's major shareholder,
has exercised 65,855,883 subscription rights today, at the subscription price in
the Rights Issue.
Norsk Titanium Cayman Ltd.'s total subscription of NOK 12 million includes a
partial conversion of existing bridge loans provided to the Company in the
amount of NOK 9.15 million plus interest. Scatec Innovation AS' total
subscription of NOK 33.35 million includes a conversion of existing bridge loans
provided to the Company in the amount of NOK 21.5 million plus interest. White
Crystals Ltd.'s total subscription of NOK 54.15 million includes a conversion of
existing bridge loans provided to the Company in the amount of NOK 21.9 million
(no interest). Reference is made to the announcement of terms of the Rights
Issue and the notice of the extraordinary general meeting dated 14 December 2023
for further information on the conversion of loans in the Rights Issue.
Norsk Titanium Cayman Ltd. is a company closely associated with Shan E-Abbas
Ashary and Bart Van Aalst, who are both board members of Norsk Titanium Cayman
Ltd. and board members of the Company. Scatec Innovation AS is a company closely
associated with John Andersen, who is the chairman of the Company's board of
directors and also the CEO of Scatec Innovation AS.
Please see the attached notifications of trade for information regarding the
primary insiders' exercise of subscription rights in the Rights Issue.
This information is subject to the disclosure requirements pursuant to article
19 of the EU Market Abuse Regulation and section 5-12 of the Norwegian
Securities Trading Act.
For more information, please contact:
John Andersen, Chairman of Norsk Titanium AS
Email: John.Andersen@scatec.no
Tel: +47 90 17 40 80
Carl Johnson, President & CEO Norsk Titanium AS
Email: Carl.Johnson@norsktitanium.com
Tel: +1 518 324 4010
Ashar Ashary, CFO Norsk Titanium AS
Email: Ashar.Ashary@norsktitanium.com
Tel: +1 518 556 8966
Norsk Titanium AS: Exercise of subscription rights by close associates to primary insiders and major shareholders
20 FEB 2024 00:03 CET
COMPANY NAME
NORSK TITANIUM AS
ISIN
NO0010969108
MARKET
Euronext Growth
SYMBOL
NTI
Oslo, Norway, 19 February 2024: Reference is made to the stock exchange
announcement published by Norsk Titanium AS (the "Company") on 6 February 2024
regarding the receipt of subscription rights by certain primary insiders and
close associates of primary insiders of the Company in connection with the
commencement of the subscription period for the partially underwritten rights
issue (the "Rights Issue"). Each subscription right gives the right to subscribe
for and be allocated one offer share in the Rights Issue.
Today, Norsk Titanium Cayman Ltd and Scatec Innovation AS, both close associates
to primary insiders of the Company, have exercised 14,659,698 and 40,559,036
shares subscription rights, respectively, at the subscription price in the
Rights Issue. Furthermore, White Crystals Ltd., the Company's major shareholder,
has exercised 65,855,883 subscription rights today, at the subscription price in
the Rights Issue.
Norsk Titanium Cayman Ltd.'s total subscription of NOK 12 million includes a
partial conversion of existing bridge loans provided to the Company in the
amount of NOK 9.15 million plus interest. Scatec Innovation AS' total
subscription of NOK 33.35 million includes a conversion of existing bridge loans
provided to the Company in the amount of NOK 21.5 million plus interest. White
Crystals Ltd.'s total subscription of NOK 54.15 million includes a conversion of
existing bridge loans provided to the Company in the amount of NOK 21.9 million
(no interest). Reference is made to the announcement of terms of the Rights
Issue and the notice of the extraordinary general meeting dated 14 December 2023
for further information on the conversion of loans in the Rights Issue.
Norsk Titanium Cayman Ltd. is a company closely associated with Shan E-Abbas
Ashary and Bart Van Aalst, who are both board members of Norsk Titanium Cayman
Ltd. and board members of the Company. Scatec Innovation AS is a company closely
associated with John Andersen, who is the chairman of the Company's board of
directors and also the CEO of Scatec Innovation AS.
Please see the attached notifications of trade for information regarding the
primary insiders' exercise of subscription rights in the Rights Issue.
This information is subject to the disclosure requirements pursuant to article
19 of the EU Market Abuse Regulation and section 5-12 of the Norwegian
Securities Trading Act.
For more information, please contact:
John Andersen, Chairman of Norsk Titanium AS
Email: John.Andersen@scatec.no
Tel: +47 90 17 40 80
Carl Johnson, President & CEO Norsk Titanium AS
Email: Carl.Johnson@norsktitanium.com
Tel: +1 518 324 4010
Ashar Ashary, CFO Norsk Titanium AS
Email: Ashar.Ashary@norsktitanium.com
Tel: +1 518 556 8966
kentove
19.02.2024 kl 23:43
4785
Stemmer guidingen for 2026 enda så blir denne ihvertfall opp 400%+++ de neste 2 årene
kentove
19.02.2024 kl 20:42
4834
Er vel siste frist å tegne seg i morgen om jeg ikke husker feil for de som ikke har solgt rettighetene
asbjørnsen
15.02.2024 kl 12:17
4920
Slettet brukerskrev Selvsagt skal det tegnes og helst overtegnes.
https://kongsbergtechnologycluster.no/nyheter/the-future-with-additive-manufacturing
Den var interessant.
Den var interessant.
Selvsagt skal det tegnes og helst overtegnes.
kentove
14.02.2024 kl 19:51
4976
Litt seint men håper alle som ikke skal tegne seg har solgt tegningsrettene så de ikke taper de pengene 🤞
Vanskelig uten tall, ja
Så har jo NTI nu en mulighet til å bevise sin industrialiserte produksjon.
Liker også den aksjonærvennlige emisjonen de holder på med for å tiltrekke seg langsiktige akjonærer.
Jeg er vel mest opptatt av hvordan resultatene og tilnærmingen deres er mot forsvarsindustrien i USA.
Uansett det blir spennende og være med og følge med i årene fremover.
Så har jo NTI nu en mulighet til å bevise sin industrialiserte produksjon.
Liker også den aksjonærvennlige emisjonen de holder på med for å tiltrekke seg langsiktige akjonærer.
Jeg er vel mest opptatt av hvordan resultatene og tilnærmingen deres er mot forsvarsindustrien i USA.
Uansett det blir spennende og være med og følge med i årene fremover.
asbjørnsen
13.02.2024 kl 23:50
4995
Det er ei veldig fin melding!
Dessverre ikkje så mange tal dei går ut med i denne omgang, men det kjem vell etterkvart.
Denne setninga synst eg ikkje så mykje om: "Titanium has agreed to implement a cost reduction program that will, over time,
provide further value to the end customer as volume continues to grow." Value to the end customer... skulle gjerne sett at dei fekk vist fram besparelsane før dei går igang med rabattavtaler.
Uansett. Kjekt å sjå at dei får fotfeste innanfor andre industriar. Det er veldig oppløftane. Og at det gjekk relativt kort tid før dei først nemnde denne marknaden inntil dei hadde ein avtale på borde. Viser styrke i selskapet! Blir spennande å følgje med i åra framover
Dessverre ikkje så mange tal dei går ut med i denne omgang, men det kjem vell etterkvart.
Denne setninga synst eg ikkje så mykje om: "Titanium has agreed to implement a cost reduction program that will, over time,
provide further value to the end customer as volume continues to grow." Value to the end customer... skulle gjerne sett at dei fekk vist fram besparelsane før dei går igang med rabattavtaler.
Uansett. Kjekt å sjå at dei får fotfeste innanfor andre industriar. Det er veldig oppløftane. Og at det gjekk relativt kort tid før dei først nemnde denne marknaden inntil dei hadde ein avtale på borde. Viser styrke i selskapet! Blir spennande å følgje med i åra framover
NordicGuy
13.02.2024 kl 22:24
5021
PLATTSBURGH NEW YORK, February 13, 2024 — Norsk Titanium (Euronext: NTI, OTCQX:
NORSF), a global leader in additive manufacturing for aerospace-grade structural
titanium components using its patented Rapid Plasma Deposition® (RPD®)
technology, announces recurring production in the semiconductor market with
partner Hittech Group in the Netherlands.
Hittech Bihca B.V. has agreed to award Norsk Titanium a two-year supply
arrangement for silicon wafer carrier trays used in end customer ASML’s
semiconductor chipmaking equipment. Norsk Titanium will utilize its industrial
scale production facility located in Plattsburgh New York to manufacture the
parts on a serial production order from Hittech. Each near-net-shape print
requires significantly less machining, improving the cost and lead time for
final delivery to ASML. Concurrent with the planned production deliveries, Norsk
Titanium has agreed to implement a cost reduction program that will, over time,
provide further value to the end customer as volume continues to grow.
“This is the result of many months of demonstrating to our customers that we can
provide our products on an industrial scale, while delivering the promised
value,” said Nicholas Mayer Norsk Titanium VP Commercial, “Norsk Titanium plans
to continue our expansion into this market as forecasted.”
Norsk Titanium has recently announced qualification and production milestones in
their core commercial aerospace titanium market. The continued expansion of
their industrial and semiconductor market offerings is a key part of Norsk
Titanium’s long term growth strategy.
NORSF), a global leader in additive manufacturing for aerospace-grade structural
titanium components using its patented Rapid Plasma Deposition® (RPD®)
technology, announces recurring production in the semiconductor market with
partner Hittech Group in the Netherlands.
Hittech Bihca B.V. has agreed to award Norsk Titanium a two-year supply
arrangement for silicon wafer carrier trays used in end customer ASML’s
semiconductor chipmaking equipment. Norsk Titanium will utilize its industrial
scale production facility located in Plattsburgh New York to manufacture the
parts on a serial production order from Hittech. Each near-net-shape print
requires significantly less machining, improving the cost and lead time for
final delivery to ASML. Concurrent with the planned production deliveries, Norsk
Titanium has agreed to implement a cost reduction program that will, over time,
provide further value to the end customer as volume continues to grow.
“This is the result of many months of demonstrating to our customers that we can
provide our products on an industrial scale, while delivering the promised
value,” said Nicholas Mayer Norsk Titanium VP Commercial, “Norsk Titanium plans
to continue our expansion into this market as forecasted.”
Norsk Titanium has recently announced qualification and production milestones in
their core commercial aerospace titanium market. The continued expansion of
their industrial and semiconductor market offerings is a key part of Norsk
Titanium’s long term growth strategy.
kentove
09.02.2024 kl 22:38
5222
Tidenes treff med å få aksjene til 1 krone før de skulle hente penger men fremdeles sinnsykt billig i forhold til teknologien og guidingen, lukter liksom en tidobling på få år...
Når vi får Approved så åpner det seg opp ett gigamarked for NTI.
https://www.navy.mil/TRADEMARKS/Applications/
Lockheed Martin neste?
https://www.lockheedmartin.com
https://www.navy.mil/TRADEMARKS/Applications/
Lockheed Martin neste?
https://www.lockheedmartin.com
Redigert 09.02.2024 kl 17:17
Du må logge inn for å svare
NordicGuy
09.02.2024 kl 09:36
5199
Delivering !!
PLATTSBURGH NEW YORK, February 9, 2024 — Norsk Titanium (Euronext: NTI, OTCQX:
NORSF), a global leader in additive manufacturing for aerospace-grade structural
titanium components using its patented Rapid Plasma Deposition® (RPD®)
technology, announces development of Inconel 625 for US Navy applications.
Under a contract with Bechtel Plant Machinery, Inc. (BPMI) Norsk Titanium has
adapted their industrialized RPD® process for Inconel 625. As part of the
ongoing effort, Norsk Titanium and BPMI are developing the deposition parameters
and heat treatment process needed to produce additively manufactured Inconel 625
with material properties equivalent to legacy castings and forgings.
Inconel 625 is used in US Navy applications that require high strength and
resistance to corrosion. Bechtel Plant Machinery, Inc. is developing new
manufacturing processes for Inconel 625 to deliver cost and schedule savings to
their customers as well as developing alternating sources of supply for crucial
materials.
“This initial effort is an important first step in opening the nickel superalloy
market to our additive process,” said Nicholas Mayer Norsk Titanium Vice
President of Commercial. “We look forward to taking the learning from this
effort, and applying it to specific Naval applications,” added Mr. Mayer.
Norsk Titanium has recently announced qualification and production milestones in
their core commercial aerospace titanium market. The addition of nickel
superalloys and maritime applications is a key part of Norsk Titanium’s long
term growth strategy.
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. 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.
For the latest news, go to www.norsktitanium.com or follow us on LinkedIn.
About Bechtel Plant Machinery, Inc. (BPMI):
BPMI is a prime contractor for the United States Naval Nuclear Propulsion
Program (NNPP).
Bechtel Plant Machinery, Inc. (BPMI) is a project engineering organization and a
Prime Contractor for the Naval Nuclear Propulsion Program (NNPP). BPMI provides
design, manufacturing, and supply chain management of the fabrication, testing,
delivery, installation, and field support of nuclear power plant components
installed in submarines and aircraft carriers for the US Navy. In addition, BPMI
provides upgraded replacement components in support of refueling and overhaul
activities, and aids in the ultimate storage and disposition of spent naval
fuel. BPMI also delivers information technology and operational solutions to the
Nuclear Navy, enabling them to fulfill their critical mission.
For more information on BPMI, go to www.bpmionline.com.
PLATTSBURGH NEW YORK, February 9, 2024 — Norsk Titanium (Euronext: NTI, OTCQX:
NORSF), a global leader in additive manufacturing for aerospace-grade structural
titanium components using its patented Rapid Plasma Deposition® (RPD®)
technology, announces development of Inconel 625 for US Navy applications.
Under a contract with Bechtel Plant Machinery, Inc. (BPMI) Norsk Titanium has
adapted their industrialized RPD® process for Inconel 625. As part of the
ongoing effort, Norsk Titanium and BPMI are developing the deposition parameters
and heat treatment process needed to produce additively manufactured Inconel 625
with material properties equivalent to legacy castings and forgings.
Inconel 625 is used in US Navy applications that require high strength and
resistance to corrosion. Bechtel Plant Machinery, Inc. is developing new
manufacturing processes for Inconel 625 to deliver cost and schedule savings to
their customers as well as developing alternating sources of supply for crucial
materials.
“This initial effort is an important first step in opening the nickel superalloy
market to our additive process,” said Nicholas Mayer Norsk Titanium Vice
President of Commercial. “We look forward to taking the learning from this
effort, and applying it to specific Naval applications,” added Mr. Mayer.
Norsk Titanium has recently announced qualification and production milestones in
their core commercial aerospace titanium market. The addition of nickel
superalloys and maritime applications is a key part of Norsk Titanium’s long
term growth strategy.
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. 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.
For the latest news, go to www.norsktitanium.com or follow us on LinkedIn.
About Bechtel Plant Machinery, Inc. (BPMI):
BPMI is a prime contractor for the United States Naval Nuclear Propulsion
Program (NNPP).
Bechtel Plant Machinery, Inc. (BPMI) is a project engineering organization and a
Prime Contractor for the Naval Nuclear Propulsion Program (NNPP). BPMI provides
design, manufacturing, and supply chain management of the fabrication, testing,
delivery, installation, and field support of nuclear power plant components
installed in submarines and aircraft carriers for the US Navy. In addition, BPMI
provides upgraded replacement components in support of refueling and overhaul
activities, and aids in the ultimate storage and disposition of spent naval
fuel. BPMI also delivers information technology and operational solutions to the
Nuclear Navy, enabling them to fulfill their critical mission.
For more information on BPMI, go to www.bpmionline.com.
kentove
05.02.2024 kl 14:10
11620
The subscription period is expected to take place from 6 February 2024 09:00 hours (CET) to 20 February 2024 at 16:30 (CET).
Betaling var vel 23/2, men overtegning stod det vel ikke noe om?
Betaling var vel 23/2, men overtegning stod det vel ikke noe om?
NordicGuy
04.02.2024 kl 12:29
11730
Do you want to visit Norsk Titanium production facility. You can! Today!
Copied from Norsk Titanium Linkedin
https://youtube.com/watch?v=cZxnDbAzLE4&si=k5ymOW-IjN1V1qPf
Copied from Norsk Titanium Linkedin
https://youtube.com/watch?v=cZxnDbAzLE4&si=k5ymOW-IjN1V1qPf
NordicGuy
18.01.2024 kl 11:34
11948
Just poped up on my LInkedin:
Airotec is Top Tier Supplier to Aerbus
Premium AEROTEC GmbHPremium AEROTEC GmbH
16,271 followers16,271 followers
3w • Edited • 3w • Edited •
Innovation meets serial production: First DED part qualified for Airbus
In a mutual development and qualification activity, Premium AEROTEC, Airbus, Norsk Titanium and Testia GmbH qualified DED (Directed Energy Deposition) technology for serial application in Airbus. DED is now a proven additive manufacturing process for titanium parts, providing significant technological and economical advantages in a sustainable manner: Less raw material consumption, more efficient manufacturing processes allow for competitive and economical friendly production process designs.
The first batches of DED blanks for A350 structural components were delivered by Norsk to Premium AEROTEC in Varel earlier this year and successfully passed the qualification, machining and final inspections. The parts entered the serial production phase and have been integrated into the structural assembly of A350 in Varel. Stay tuned for the virgin flight of DED!
Carl Johnson [CEO, Norsk Titanium] and Dr. Jan Roman Hönnige [industrialisation manager DED, Premium AEROTEC] proudly showcase both the blank and the finished part straight into your screen - grateful for the performance of the whole team, making this happen.
This part will be the smallest component to be made using DED. The demonstration of serial production maturity is a door opener for larger and more spectacular components and an auspicious future for this new additive technology.
Airotec is Top Tier Supplier to Aerbus
Premium AEROTEC GmbHPremium AEROTEC GmbH
16,271 followers16,271 followers
3w • Edited • 3w • Edited •
Innovation meets serial production: First DED part qualified for Airbus
In a mutual development and qualification activity, Premium AEROTEC, Airbus, Norsk Titanium and Testia GmbH qualified DED (Directed Energy Deposition) technology for serial application in Airbus. DED is now a proven additive manufacturing process for titanium parts, providing significant technological and economical advantages in a sustainable manner: Less raw material consumption, more efficient manufacturing processes allow for competitive and economical friendly production process designs.
The first batches of DED blanks for A350 structural components were delivered by Norsk to Premium AEROTEC in Varel earlier this year and successfully passed the qualification, machining and final inspections. The parts entered the serial production phase and have been integrated into the structural assembly of A350 in Varel. Stay tuned for the virgin flight of DED!
Carl Johnson [CEO, Norsk Titanium] and Dr. Jan Roman Hönnige [industrialisation manager DED, Premium AEROTEC] proudly showcase both the blank and the finished part straight into your screen - grateful for the performance of the whole team, making this happen.
This part will be the smallest component to be made using DED. The demonstration of serial production maturity is a door opener for larger and more spectacular components and an auspicious future for this new additive technology.
NordicGuy
16.01.2024 kl 11:13
12053
kentove
16.01.2024 kl 01:37
12091
Kommende pengemaskin, iallefall i 2026, glad eg gikk gjennom growth børsen og undersøkte aksjer der og fant denne til under 1 krone aksjen, selv etter x dato e den dønn opp, "kjedelig aksje" som et par andre men greit å ha noen sånne og, ikke bare spekulere i shipping og andre volatile
NordicGuy
15.01.2024 kl 18:37
12174
PLATTSBURGH NEW YORK, January 15, 2024 — Norsk Titanium (Euronext: NTI, OTCQX:
NORSF), a global leader in additive manufacturing for aerospace-grade structural
titanium components using its patented Rapid Plasma Deposition® (RPD®)
technology, announces delivery of flight critical aircraft structure to General
Atomics Aeronautical Systems, Inc. (GA-ASI), a leading developer of unmanned
aircraft systems and prime contractor to the US Department of Defense.
Under a development contract with GA-ASI’s Additive Design & Manufacturing
Center of Excellence, Norsk Titanium has delivered RPD® final machined
components for test and evaluation. GA-ASI will conduct destructive testing in
support of specification and part development.
“General Atomics has been dedicated to maturing directed energy additive and
implementing it in their production programs,” said Nicholas Mayer Norsk
Titanium Vice President of Commercial, “After an extensive collaborative
qualification effort over the past few years with Norsk Titanium, GA-ASI plans
to apply the qualified process to structural components within their next
generation platforms currently under development, and is planning on their first
flight of a critical, structurally loaded component, within the 2024-2025
timeframe.”
Norsk Titanium has recently announced qualification and production milestones in
their core commercial aerospace titanium market. The continued expansion of
their defense market offerings is a key part of Norsk Titanium’s long term
growth strategy.
NORSF), a global leader in additive manufacturing for aerospace-grade structural
titanium components using its patented Rapid Plasma Deposition® (RPD®)
technology, announces delivery of flight critical aircraft structure to General
Atomics Aeronautical Systems, Inc. (GA-ASI), a leading developer of unmanned
aircraft systems and prime contractor to the US Department of Defense.
Under a development contract with GA-ASI’s Additive Design & Manufacturing
Center of Excellence, Norsk Titanium has delivered RPD® final machined
components for test and evaluation. GA-ASI will conduct destructive testing in
support of specification and part development.
“General Atomics has been dedicated to maturing directed energy additive and
implementing it in their production programs,” said Nicholas Mayer Norsk
Titanium Vice President of Commercial, “After an extensive collaborative
qualification effort over the past few years with Norsk Titanium, GA-ASI plans
to apply the qualified process to structural components within their next
generation platforms currently under development, and is planning on their first
flight of a critical, structurally loaded component, within the 2024-2025
timeframe.”
Norsk Titanium has recently announced qualification and production milestones in
their core commercial aerospace titanium market. The continued expansion of
their defense market offerings is a key part of Norsk Titanium’s long term
growth strategy.
Flaxx
10.01.2024 kl 16:09
12412
Billyjojimbob skrev Spennende om den går under 0,82 over børs denne gangen.
Kursen idag (ex retter) ligger godt OVER sluttkursen igår (med retter) når man tar hensyn til og vekter gårsdagens markedsverdi og kommende innbetaling holdt opp mot totalantallet aksjer.
Dette viser at markedet har tatt godt imot den kommende kapitalforhøyelsen.
Nå kan man vente mer informasjon opp mot tegningsperioden i februar.
En potent aksje som NTI kan fort få et kraftig løft.
Dette viser at markedet har tatt godt imot den kommende kapitalforhøyelsen.
Nå kan man vente mer informasjon opp mot tegningsperioden i februar.
En potent aksje som NTI kan fort få et kraftig løft.
Billyjojimbob skrev Spennende om den går under 0,82 over børs denne gangen.
Ja og den er jo sukkeret litt for de som tror på NTI.
Bla. meg.
Other information: The subscribers in the Rights Issue will without cost be allocated one warrant (Nw. "frittstående tegningsrett") issued by the Company for every two new shares allocated to, and paid by, them in the Rights Issue. The number of warrants to be issued will be minimum 110,671,937 and maximum 136,819,702. Each warrant will give the holder a right to subscribe for one new share in the Company at a subscription price equal to the volume-weighted average price (VWAP) of the Company's shares on the Euronext Growth Oslo on the three last trading days prior to the first date on which the holder can exercise the warrant in each exercise period (as described below) less 30%, but in any event not exceeding the subscription price in the Rights Issue plus 30% (i.e. NOK 1.068925). The warrants may be exercised during two exercise periods: (i) 10 – 21 June 2024, and (ii) 18 – 29 November 2024.
The Rights Issue is subject to approval by the extraordinary general meeting of the Company to be held at 15:00 (CET) on 9 January 2024 (the "EGM"). Notice of the EGM was sent on 14 December 2023.
Bla. meg.
Other information: The subscribers in the Rights Issue will without cost be allocated one warrant (Nw. "frittstående tegningsrett") issued by the Company for every two new shares allocated to, and paid by, them in the Rights Issue. The number of warrants to be issued will be minimum 110,671,937 and maximum 136,819,702. Each warrant will give the holder a right to subscribe for one new share in the Company at a subscription price equal to the volume-weighted average price (VWAP) of the Company's shares on the Euronext Growth Oslo on the three last trading days prior to the first date on which the holder can exercise the warrant in each exercise period (as described below) less 30%, but in any event not exceeding the subscription price in the Rights Issue plus 30% (i.e. NOK 1.068925). The warrants may be exercised during two exercise periods: (i) 10 – 21 June 2024, and (ii) 18 – 29 November 2024.
The Rights Issue is subject to approval by the extraordinary general meeting of the Company to be held at 15:00 (CET) on 9 January 2024 (the "EGM"). Notice of the EGM was sent on 14 December 2023.
Billyjojimbob
09.01.2024 kl 21:26
12591
Slettet brukerskrev bare å tegne seg og holde:) https://newsweb.oslobors.no/message/608222
Spennende om den går under 0,82 over børs denne gangen.
asbjørnsen skrev Nokon som fekk med seg generalforsamlinga i dag?
asbjørnsen
09.01.2024 kl 20:34
12631
asbjørnsen skrev Ja det får vi håpe, for i morgon blir det temmeleg blodraudt....
Nokon som fekk med seg generalforsamlinga i dag?
asbjørnsen
08.01.2024 kl 20:29
12807
Ja det får vi håpe, for i morgon blir det temmeleg blodraudt....
NordicGuy
08.01.2024 kl 15:22
12884
Norsk Titanium on Roadshow with Carnegie on 16-17/1 - they will be meeting institutional investors.
It should have a positive reaction on the share price.
It should have a positive reaction on the share price.
NordicGuy
06.01.2024 kl 14:46
13088
From NTI Linkedin:
Another significant milestone for Norsk Titanium! With this new end-to-end capability, we’ll be able to develop and deliver parts to our aerospace customers Airbus and Boeing rapidly, fulfilling the promise of #additivemanufacturing.
Read the release: bit.ly/47ooqZy
Nick MayerView Nick Mayer’s profile
Vice President Commercial at Norsk Titanium
“Mark, we have qualified structural titanium parts for both Airbus and Boeing. They range in size from approximately 6 inches up to 30 inches in length.”
Another significant milestone for Norsk Titanium! With this new end-to-end capability, we’ll be able to develop and deliver parts to our aerospace customers Airbus and Boeing rapidly, fulfilling the promise of #additivemanufacturing.
Read the release: bit.ly/47ooqZy
Nick MayerView Nick Mayer’s profile
Vice President Commercial at Norsk Titanium
“Mark, we have qualified structural titanium parts for both Airbus and Boeing. They range in size from approximately 6 inches up to 30 inches in length.”
NordicGuy
05.01.2024 kl 16:34
13145
Norsk Titanium included in the below Top Idea list for 2024
It is on my Top Idea List too..
https://fitinvestmentideas.com/2024/01/04/top-ideas-for-2024/
It is on my Top Idea List too..
https://fitinvestmentideas.com/2024/01/04/top-ideas-for-2024/
NordicGuy
04.01.2024 kl 15:40
13275
Bullish report on Global Aerospace 3D Printing - NTI mentioned as top player:
https://menafn.com/1107681162/Global-Aerospace-3D-Printing-Market-Forecast-2024-2033-Market-Size-Drivers-Trends-And-Competitors
https://menafn.com/1107681162/Global-Aerospace-3D-Printing-Market-Forecast-2024-2033-Market-Size-Drivers-Trends-And-Competitors
NordicGuy
04.01.2024 kl 14:50
13289
Good summary of the Norsk Titanium investment case - it is included in the Top Ideas for 2024 in the site below:
https://fitinvestmentideas.com/2024/01/04/top-ideas-for-2024/
https://fitinvestmentideas.com/2024/01/04/top-ideas-for-2024/
NordicGuy
04.01.2024 kl 14:38
13294
I hear Norsk Titanium management is coming to Norway in mid-January for a roadshow.
That should push the share price over the next two weeks.
That should push the share price over the next two weeks.
NordicGuy
04.01.2024 kl 09:29
13341
JUST PUBLISHED:
Norsk Titanium Expands Production Capabilities for Rapid Part Development
04 JAN 2024 07:30 CET
PLATTSBURGH NEW YORK, January 4, 2024 — Norsk Titanium (Euronext: NTI, OTCQX:
NORSF), a global leader in additive manufacturing for aerospace-grade structural
titanium components using its patented Rapid Plasma Deposition® (RPD®)
technology, is expanding its rapid part development and qualification
capabilities to shorten the lead-time and meet accelerated customer part
verification needs.
The new capabilities include heat treatment, ultrasonic non-destructive testing
(NDT), finish machining operations, and coordinate measuring (CMM), and will
allow for Norsk Titanium to perform all tasks needed to design, develop, and
qualify parts without adding any lead time required by the supply chain. The
additional capital investments have been made as part of Norsk Titanium’s
continued cooperation with the State of New York.
“With our RPD Builder™ rapid part design tool and these new capabilities, we can
now take a customer’s final part geometry, design the RPD® preform, and validate
the design all at our Plattsburgh New York facility,” said Steve Eaton, Norsk
Titanium VP of Operations. “We will be able to verify parts in accordance our
customers’ aerospace material specifications in as little as six weeks,” added
Eaton.
The expanded capabilities will also allow Norsk Titanium to deliver limited
production rapid prototypes to customer who have urgent needs. Rapid part
development and prototyping are critical capabilities needed to meet Norsk
Titanium’s objective of developing a ‘part-in-a-day’ operation and transitioning
the number of parts needed to meet the company’s long-term goals.
For further information, please contact:
Nicholas Mayer
VP Commercial
nicholas.mayer@norsktitanium.com
+1 (310) 989-0088
About Norsk Titanium AS
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. 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.
Norsk Titanium Expands Production Capabilities for Rapid Part Development
04 JAN 2024 07:30 CET
PLATTSBURGH NEW YORK, January 4, 2024 — Norsk Titanium (Euronext: NTI, OTCQX:
NORSF), a global leader in additive manufacturing for aerospace-grade structural
titanium components using its patented Rapid Plasma Deposition® (RPD®)
technology, is expanding its rapid part development and qualification
capabilities to shorten the lead-time and meet accelerated customer part
verification needs.
The new capabilities include heat treatment, ultrasonic non-destructive testing
(NDT), finish machining operations, and coordinate measuring (CMM), and will
allow for Norsk Titanium to perform all tasks needed to design, develop, and
qualify parts without adding any lead time required by the supply chain. The
additional capital investments have been made as part of Norsk Titanium’s
continued cooperation with the State of New York.
“With our RPD Builder™ rapid part design tool and these new capabilities, we can
now take a customer’s final part geometry, design the RPD® preform, and validate
the design all at our Plattsburgh New York facility,” said Steve Eaton, Norsk
Titanium VP of Operations. “We will be able to verify parts in accordance our
customers’ aerospace material specifications in as little as six weeks,” added
Eaton.
The expanded capabilities will also allow Norsk Titanium to deliver limited
production rapid prototypes to customer who have urgent needs. Rapid part
development and prototyping are critical capabilities needed to meet Norsk
Titanium’s objective of developing a ‘part-in-a-day’ operation and transitioning
the number of parts needed to meet the company’s long-term goals.
For further information, please contact:
Nicholas Mayer
VP Commercial
nicholas.mayer@norsktitanium.com
+1 (310) 989-0088
About Norsk Titanium AS
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. 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.