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Start-up scores rare win for Australian manufacturing

James Thomson

Melbourne-based start-up Titomic has scored an important win for Australia’s high tech manufacturing sector, inking a deal to sell two of its metal 3D printing machines to a defence contractor for $25.5 million.

The deal will also see the buyer of the machines, local R&D and commercialisation business Composite Technology, provide Titomic with certification that the defence parts made with the machines are of a standard for use by NATO.

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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com

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    Original URL: https://www.afr.com/companies/manufacturing/start-up-scores-rare-win-for-australian-manufacturing-20200225-p5449a