8/10/2015

Investment Enables Norsk Titanium to Expand 3D Printing Market Reach

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An investment from RTI International Metals will increase the company’s capacity to meet growing demand for complex titanium components.

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Norway-based Norsk Titainum AS (NTi), a manufacturer of titanium components for industrial applications, has announced that RTI International Metals (Pittsburgh, Pennsylvania) has become a strategic investor and minority partner in the company. RTI has invested in strategic cooperation projects surrounded NTi’s direct metal deposition (DMD) technology.

"Combining NTi's innovative technology with RTI's upstream raw materials and downstream fabrication capabilities has significant applications in the titanium closed-die forging market, with commercialization opportunities within the next 12 months,” said Dawne Hickton, vice chair, president and CEO of RTI. NTi has achieved technology readiness level six (TRL6), which demonstrates its ability to meet stringent A&D material requirements, and expects to reach technology readiness level eight (TRL8) by the fourth quarter of 2015.

norsktitanium.no

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