Norsk Titanium Awarded Contract to Advance Additive Manufacturing for Submarine Applications

11 Jun 2026 15:34 CEST

Plattsburgh, New York – 11 June 2026 - Norsk Titanium, a global leader in
structural titanium additive manufacturing, today announced it has received
nearly $4.2 million in a contract investment from the Office of the Assistant
Secretary of War for Industrial Base Policy in support of the Defense Industrial
Base Expansion, Development, and Growth Enterprise (DIB-EDGE) initiative.
DIB-EDGE aims to advance next-generation manufacturing capabilities focused on
revitalizing U.S. maritime and submarine industrial capacity. This investment
funds development activities related to Rapid Plasma Deposition® (RPD®) over the
18-month term of the contract.

The award represents another significant milestone for Norsk Titanium and
reinforces the strategic importance of its proprietary RPD® technology in
enabling high-performance titanium components for mission-critical environments.
The contracted effort will focus on qualification of Norsk Titanium products in
highly critical applications and supports continued expansion of RPD® in markets
not only for titanium alloys, but also nickel-based alloys.

“Norsk Titanium is proud to support the U.S. Department of War through this
important program and to play a role in strengthening the submarine industrial
base,” said Fabrizio Ponte, CEO of Norsk Titanium.


Important notice:
This information is considered to be inside information pursuant to the EU
Market Abuse Regulation (MAR) and is subject to the disclosure requirements
pursuant to Section 5-12 of the Norwegian Securities Trading Act. The stock
exchange announcement was published by Ashar A. Ashary, CFO of Norsk Titanium,
at the time and date stated above in this announcement.

For more information, please contact:
Fabrizio Ponte, President and CEO of Norsk Titanium
Email: Fabrizio.ponte@norsktitanium.com
Tel: +1 404 426 2270

Nicholas Mayer, Vice President Product Management Norsk Titanium
Email: nick.mayer@norsktitanium.com
Tel: +1 310 989 0088


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 installed production capacity to generate annual revenues of
approximately USD 300 million, 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.

More information:
Access the news on Oslo Bors NewsWeb site