Repkon Titomic joint venture adds Cold Spray Additive Manufacturing technology
July 18, 2024
Titomic Limited, based in Brisbane, Australia, has announced the sale of a TKF 1000 Cold Spray Additive Manufacturing machine to the Repkon Titomic Production Technologies and Trade Co. Inc. joint venture, for a reported $1.55 million (AUS $2.3 million).
Repkon Titomic was established to create what is claimed to be the world’s first hybrid Cold Spray Additive Manufacturing facility, located in Türkiye. This facility will integrate Titomic’s Titomic Kinetic Fusion (TKF) technology with Repkon’s flow-forming techniques in an effort to transform barrel manufacturing. The facility will offer quicker production times, a broader range of materials with unique properties, lighter components, and enhanced performance.
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The TKF process will enable the manufacturing of high-performance barrels at the facility, with the TKF 1000 replicating the previously validated processes from Titomic’s Melbourne facility and marking the next step towards commercialisation. Repkon Titomic will also leverage the TKF 1000 to showcase the benefits of the Titomic Kinetic Fusion process to external customers, opening new opportunities within the Repkon portfolio.
Titomic anticipates that a further machine will be required by Repkon Titomic joint venture before the commercialisation of the barrel manufacturing commences. It is expected that a bespoke TKF 3250R will be selected, with pricing to be determined once the machine has been configured. The timing of the sale of this machine and the subsequent commencement of commercial barrel manufacturing is still to be determined by the joint venture and will be resultant on the successful installation and validation of the TKF 1000 in the near term.
In addition to the further expected sale of a TKF machine to the Repkon Titomic joint venture, once commercialisation commences, Titomic plans to sell consumables, including metal powders, to support the TKF machines. Titmoic will also receive a share in profits from the sale of barrels produced.
Pursuant to the terms of the joint venture, Titomic will contribute 49% from the sale of this machine to the joint venture which will form the initial working capital.
Herbert Koeck, Managing Director of Titomic, commented, “The sale of this system is a strong and important step for the Repkon Titomic joint venture toward producing high-performance barrels for the defence sector. This represents the first step towards production of barrel blanks and generating ongoing revenues from the joint venture. We anticipate the completed facility will provide competitive and novel capabilities for the global defence sector and bolster Titomic’s position as a globally competitive manufacturing provider, expanding on Titomic’s reputation and agreements with major defence players such as Triton, BAE Systems, Boeing, and Airbus.”
