Norsk Titanium listed on Euronext Growth Oslo

May 21, 2021

Norsk Titanium AS, Hønefoss, Norway, reports that it has satisfied the conditions for listing on the Euronext Growth Oslo. The company’s first day of trading on the exchange was May 18, 2021, under the ticker code NTI.

The listing follows a successful share issue through a private placement that raised approximately USD $38 million. Leading shareholders, represented on the board of directors, participated in the private placement with USD $15 million, and the investment company Ferd AS participated with USD $10 million. Norsk Titanium intends to use the proceeds from the private placement to fund planned growth initiatives.

“Today marks an important milestone for Norsk Titanium,” stated Michael Canario, CEO. “The funding enabled through the Euronext Growth listing will support our ongoing development activities with our commercial customers as well as assist the transition of our technology into new markets such as defence and industrial applications. I would like to thank our advisors and the extraordinary team at Norsk Titanium who made this possible.”

John Andersen, chairman of Norsk Titanium and CEO of Scatec Innovation AS, founding shareholder of Norsk Titanium, commented, “Norsk Titanium is innovating the future of metal and is uniquely positioned to disrupt the manufacturing of titanium components. We are addressing a large market opportunity, and the listing on Euronext Growth provides access to the capital required to industrialise our technology at scale.”

Carnegie AS and Skandinaviska Enskilda Banken AB acted as joint global coordinators and joint bookrunners in connection with the private placement and listing. Advokatfirmaet Selmer AS acted as legal advisor to Norsk Titanium.

www.norsktitanium.com

In the latest issue of Metal AM magazine

Download PDF
 

Extensive AM industry news coverage, as well as the following exclusive deep-dive articles:

  • Kennametal: The story of the successful commercialisation of AM hardmetal and steel solutions
  • General Atomics Aeronautical on metal Additive Manufacturing’s place at the centre of the digital manufacturing revolution
  • Adrian Keppler on Additive Manufacturing: An insider’s assessment from the outside
  • Metal AM’s journey to industrialisation: Are we there yet? And what does the destination even look like?
  • A stronger future, layer by layer: How next-generation software will drive adoption of metal AM
  • Volkmann: Making the case for the complete automation of powder handling in AM
  • Metal AM on an industrial scale: GKN Additive draws on decades of sintering expertise to commercialise Binder Jetting
  • International Conference on Electron Beam Additive Manufacturing: Highlights from EBAM 2023

The world of metal AM to your inbox

Don't miss any new issue of Metal AM magazine, and get the latest industry news. Sign up to our twice weekly newsletter.

Sign up

Discover our magazine archive…

The free to access Metal Additive Manufacturing magazine archive offers unparalleled insight into the world of metal Additive Manufacturing from a commercial and technological perspective through:

  • Reports on visits to leading metal AM part manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.

Browse the archive

Looking for AM machines, metal powders or part manufacturing services?

Discover suppliers of these and more in our comprehensive advertisers’ index and buyer’s guide, available in the back of Metal AM magazine.

  • AM machines
  • Process monitoring & calibration
  • Heat treatment & sintering
  • HIP systems & services
  • Pre- & post-processing technology
  • Powders, powder production and analysis
  • Part manufacturers
  • Consulting, training & market data
View online
Share via
Copy link
Powered by Social Snap