K-TIG raises cash, accelerates expansion

Australian high-tech welding manufacturer K-TIG will accelerate its global expansion, announcing it had raised $4 million in a share placement and revealing three new distribution deals. The TIG welding technology developer announced new distributors in Turkey, Spain, Portugal, and the successful placement of $4 million to investors including existing directors. Chairman Stuart Carmichael said the…

K-Tig positioned in global markets, looks to disrupt Australian welding

By Peter Roberts In the past the model for Australian industrial technology companies was to first establish themselves in the local market before venturing overseas which ultimately represents 95 per cent of the potential market. Few Australian companies manage that jump without being taken over or swamped by international competition, partly because an initial technological…

K-TIG passes first armoured steel test for Hanwha

Automated welding technology developer K-TIG has successfully completed the first round of weld testing under a Memorandum of Understanding to develop advanced keyhole welding procedures for Korea’s Hanwha Defense. Weld procedures for joining Ultra Hard Hardness and Ultra High Toughness armoured steels have been developed with hardness and tensile strength results superior to traditional MIG…

K-TIG to enter UK nuclear waste industry

High speed precision welding developer K-TIG will enter the UK nuclear industry sector, signing an agreement with the Sheffield-based UK Nuclear Advanced Manufacturing Research Centre. Under the agreement K-TIG will develop a turnkey robotic welding cell for the fabrication of nuclear waste containers used in the de-commissioning of UK nuclear power stations. The company’s technology…

K-TIG expands in the UK and Europe

High speed welding technology manufacturer K-TIG is expanding into the United Kingdom and Europe, appointing former KPMG corporate strategist Benjamin Hall to lead its expansion globally. The company’s new subsidiary, Keyhole TIG (UK) follows the company’s successful penetration of the United States market, where it partnered with Key Plant Automation, a manufacturer of welding equipment…