Oslo ,15 April 2024 :Norsk Titanium AS (Euronext: NTI, OTCQX: NORSF), a global leader in additive manufacturing for aerospace-grade structural titanium components using its patented Rapid Plasma Deposition® technology, completed negotiations of the Master Supply Agreement with Airbus Aerostructures for the delivery of printed preforms. OnFriday April 12, 2024 Airbus Aerostructures procurement leadership visited Norsk Titanium's Plattsburgh Production Center for a site tour and process discussions. This marked the completion of Master Supply Agreement negotiations between the companies. The Master Supply Agreement documentation has entered the final approval cycle and is expected to be signed shortly. For more information, please contact:Nicholas Mayer , Vice President Commercial, Norsk Titanium Email: nicholas.mayer@norsktitanium.com Tel: +1 518 324 4010 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 approximatelyUSD 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. For the latest news, go to www.norsktitanium.com or follow us on LinkedIn.
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