Titomic USA, Inc, the US subsidiary of Titomic Limited, Melbourne, Australia, has completed its acquisition of Tri-D Dynamics Inc, effective July 9, 2021. Tri-D is a Silicon Valley-based design and manufacturing company described as developing ‘smart pipe infrastructure’ for the 21st-century economy.
Tri-D aims to upgrade infrastructure by embedding electronics directly into metal structures to outfit them with digitally connected technology. The smart-pipe product developed by Tri-D is set to be fully commercialised when combined with the licensed TKF process.
Deepak Atyam, Alex Finch and Jesse Lang, Tri-D’s founders, are experienced innovators with skill sets encompassing cold spray technology, composites and rocket engine design. These skill sets are expected to complement Titomic’s commercialisation plans for its Cold Spray Additive Manufacturing (CSAM) technology, a form of powder-based Directed Energy Deposition (DED). Atyam, Finch and Lang will join Titomic USA, Inc, as key employees, focusing on the company’s initiatives in the defence, aerospace and oil and gas industries.
Titomic USA, Inc, expects to benefit from Tri-D’s existing product portfolio and contracts within a range of industries, including clean technology, oil and gas and surveying. Additionally, the availability of Titomic commercial and technical employees on the ground in North America is expected to accelerate Titomic’s local presence, as well as broadening its service offering and product portfolio in the region.
Herbert Koeck, Titomic CEO, commented, “We are delighted to welcome Deepak, Alex and Jesse to the Titomic team. The acquisition of the Tri-D business is an important part of our US strategy into the defence and aerospace industries where there is a strong need for the cost and performance advantages which our market-ready solutions with best-in-class CSAM technology provide. The team from Tri-D will add Silicon-Valley innovation and dynamics to develop novel and disruptive applications in line with our growth strategy.”