Titomic in breakthrough sale

Industrial scale additive manufacturing company Titomic has made a breakthrough sale of two massive production machines with the total sale valued at $25.5 million (US$16.8 million). The company changing deal is with Composite Technology, an Australian R&D and commercialisation division of a global defence product manufacturer. Titomic’s Titomic kinetic fusion (TKF) production process will be…

Matrix Composites recovers as sales boom

Underwater systems composite manufacturer Matrix Composites & Engineering has continued its turnaround posting an underlying EBITDA for the first half of $1.2 million, a $3.4 million improvement on the lost recorded in the previous corresponding period. The manufacturer of underwater buoyancy systems for the offshore oil and gas sector saw revenue increase from $11.3 million…

PCB maker eyes further JSF work internationally

Queanbeyan’s Lintek has upgraded its facility, and is attempting to increase its participation in the global F-35 program. Lintek employs roughly 50 at the site, and makes microwave and high-frequency printed circuit board using a patented “high vacuum deposition” process, enabling very accurate copper features to be created. It is a supplier to government departments,…