3D Printer HardwareDefenseHigh Speed 3D PrintingMetal Additive ManufacturingUkraine

Royal Netherlands Army orders ten Titomic D523 Systems

The company's share price has risen by 18% since the €772,000 sale was announced

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Titomic, a leading provider of cold spray solutions, has received an order of ten D523 Cold Spray Systems from the land branch of the Royal Netherlands Army, the Koninklijke Landmacht. All but one unit will be delivered by the Royal Netherlands Army to Ukraine – aiding their war efforts. Since the announcement, Titomic’s share price has risen over 18%.

The D523 systems will enable battle damage repair in-field and forward maintenance – enhancing battle readiness and prolonging mission capability. Further, it minimizes the operational downtime of vehicular assets and enables greater resource utilization.

Royal Netherlands Army orders ten Titomic D523 Systems - the company's share price has since risen by 18%.
Titomic’s D523.

The order comprises ten units of the D523 System, with a total sale value of €772,000, marking a significant milestone in Titomic’s expansion in the defense sector. This order represents the single largest order of D523 systems that Titomic has received to date.

“Our decision to invest in Titomic machines marks a definitive shift from theoretical exploration to practical implementation of additive manufacturing within our military. This move signifies our unwavering commitment to leveraging advanced capabilities in real-world applications. By providing these innovative technologies to Ukrainian forces, we demonstrate our trust in their ability to swiftly adopt and effectively utilize these tools to enhance military capabilities. This collaboration underscores our dedication to staying at the forefront of technological innovation and ensuring readiness for the challenges of modern warfare,” said Colonel C Heukers of the Royal Netherlands Army.

This order represents a substantial revenue opportunity for Titomic and reinforces Titomic’s position as a key player in the global defense and aerospace sectors. The D523’s capabilities align well with the needs of the Koninklijke Landmacht – demonstrating Titomic’s ability to meet the stringent requirements of military applications.

The delivery of the D523 systems is scheduled to commence in the coming months. The company is also engaged in commercial conversations with various other armies and navies globally, including with the Australian Defence Force. These discussions follow several successful demonstrations within Australia – showcasing Titomic’s innovative cold spray solutions and their applicability to a wide range of military and defense operations.

“This order from the Koninklijke Landmacht marks a pivotal moment for Titomic, showcasing our D523 System’s ability to provide versatile repair and maintenance solutions on a large scale and creating a significant revenue opportunity,” said Herbert Koeck, Managing Director of Titomic. “This is a stride forward in our ongoing efforts to bring these innovative solutions to a wider market. Titomic is aiming to attract more large-scale orders from innovators across various sectors, including resources, defense, and aerospace, who are eager to leverage the advanced capabilities Titomic offers.”

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