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TEKNA receives order for CAD 1.5 million of titanium powder

The contract is for Tekna’s main-size titanium alloy powder exclusively used for medical applications

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Tekna (OSE: TEKNA), a leading provider of advanced materials solutions, received another significant order valued at CAD 1.5 million for titanium powder for medical applications.

The contract is for Tekna’s main-size titanium alloy powder exclusively used for medical applications and is scheduled for delivery within the first three quarters of 2024. This represents a notable 60% increase in orders from this customer compared to the previous year and forms part of a three-year distribution agreement. The customer is a leading distributor of titanium powder, holding a significant position in the medical and dental industry across Europe and worldwide. This partnership not only broadens Tekna’s presence but also enhances its influence in a global market.

“This substantial order is a testament to Tekna’s growing influence and reputation in the advanced materials industry, particularly in the medical sector, which has grown to become one of the most advanced and prominent users of additive manufacturing on a global scale. Partnering with a key player in the European market not only strengthens our position but also highlights the trust and reliability associated with our products. We are proud to play a pivotal role in advancing medical technologies through our specialized titanium powders,” said Luc Dionne, CEO of Tekna.

Headquartered in Sherbrooke, Canada, Tekna  produces high-purity metal powders for applications such as 3D printing in the aerospace, medical and automotive sectors, as well as optimized induction plasma systems for industrial research and production. With its unique, IP-protected plasma technology, the company is well positioned in the growing market for advanced nanomaterials within the electronics and batteries industries.

This particular contract underscores Tekna’s commitment to excellence and innovation in the field of advanced materials and its dedication to meeting the increasing demands of the medical sector. With this new agreement, Tekna continues to solidify its position as a key supplier of specialized materials on a global scale. Tekna’s quality management system is ISO 13485:2016 certified for medical applications.

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Davide Sher

Since 2002, Davide has built up extensive experience as a technology journalist, market analyst and consultant for the additive manufacturing industry. Born in Milan, Italy, he spent 12 years in the United States, where he completed his studies at SUNY USB. As a journalist covering the tech and videogame industry for over 10 years, he began covering the AM industry in 2013, first as an international journalist and subsequently as a market analyst, focusing on the additive manufacturing industry and relative vertical markets. In 2016 he co-founded London-based VoxelMatters. Today the company publishes the leading news and insights websites and, as well as VoxelMatters Directory, the largest global directory of companies in the additive manufacturing industry.

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