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Norsk Titanium Accelerates Aerospace Certification by Issuing Contracts for Additional Rapid Plasma Deposition™ Machines

Norway’s Tronrud Engineering selected to produce the next wave of component qualification machines in response to aerospace industry demand

NEW YORK, NY — October 20, 2015 — Norsk Titanium AS (NTi), a global leader in manufacturing aerospace-grade titanium components using their patented Rapid Plasma Deposition™ (RPD™ ) process, announced it has contracted with Norway-based Tronrud Engineering AS (Tronrud), a leading provider of cutting-edge technologies for the manufacture of parts and machines, to produce three 3D additive manufacturing machines to support higher-than-forecasted demand from a number of the world’s leading commercial and Aerospace & Defense (A&D) manufacturers.

“We are pleased to contract with Tronrud to build our exclusive technology for the production of aerospace-grade titanium structures,” said NTi President & Chief Executive Officer Warren M. Boley, Jr. “These 3D additive manufacturing machines will further boost NTi’s customer response time and expand manufacturing capacity to meet growing demand for titanium components from the global aerospace industry.”

Mr. Boley, former President of Aerojet Rocketdyne, took the helm of NTi in July of this year to oversee the transformation of the company’s manufacturing process to deliver titanium parts for A&D applications, while leading the groundbreaking program to establish the world’s first industrial-scale 3D additive manufacturing facility in the United States. The contract with Tronrud represents one of NTi’s key supplier partnerships aimed to support the company’s rapid expansion plans.

About Norsk Titanium AS

Norsk Titanium is a global leader in metal 3D printing, innovating the future of metal manufacturing by enabling a paradigm shift to a clean and sustainable manufacturing process. With its proprietary Rapid Plasma Deposition® (RPD®) technology and 700 MT of production capacity, Norsk Titanium offers cost-efficient 3D printing of value-added metal parts to a large addressable market. RPD® technology uses significantly less raw material, energy, and time than traditional energy-intensive forming methods, presenting customers with an opportunity to better manage input costs, logistics, and environmental impact. RPD® printed parts are already flying on commercial aircraft, and Norsk Titanium has gained significant traction with large defense and industrial customers

About Tronrud Engineering AS

Tronrud Engineering AS is a leading provider of cutting-edge technologies in developing and manufacturing advanced machinery, giving its customers competitive advantages and profitability. Established in 1977 by Ola Tronrud, the company has more than 175 employees in Norway and Singapore. For more information, please visit www.tronrud.no