Norsk Titanium and Mechachrome Announce Aerospace Rapid Plasma Deposition™ Supply Chain Solution

Mecachrome Current Aerospace Customers to Receive RPD™ Final Machining, Inspection and Treatment Services Under New Supply Deal

Farnborough, UK – July 11, 2016 – Norsk Titanium AS, the world’s pioneering supplier of aerospace-grade, additive manufactured, structural titanium components announced today the signing of a Long Term Agreement (LTA) containing terms under which Norsk Titanium and Mecachrome will deliver finished aerospace structural titanium components produced by Norsk’s patented RPD™ process to current Mecachrome aerospace OEMs and their tier-1 suppliers.  The contract was signed during a ceremony at Norsk Titanium’s interactive additive manufacturing exhibit at the Farnborough International Airshow.

The deal is the latest in a series of integrated supply chain moves designed to insert Norsk Titanium’s disruptive Rapid Plasma Deposition™ capacity smoothly and efficiently into existing aerospace supply chains servicing the world’s premier aerospace manufacturers.

Under the terms of the LTA, Norsk Titanium can procure finish machining, inspection and treatment services from Mecachrome for additive manufactured components that replace incumbent parts currently supplied by Mecachrome to the aerospace industry. Other contract terms and conditions were not disclosed.

“We applaud the foresight of Mecachrome to creatively interject our Rapid Plasma Deposition™ capability into their current supply chain for the benefit of their aerospace customers,” said Norsk Titanium CEO Warren M. Boley, Jr. “This deal compliments and expands upon our current finish machining and inspection partners by providing us with new access to Mecachrome’s captive titanium aerospace parts business.”

“Mecachrome is very excited about this partnership with Norsk Titanium and its very competitive technology,” said Mecachrome France CEO Arnaud de Ponnat. “This will bring the best of our two companies to the fast growing market of additive manufacturing.”

Norsk Titanium has a major presence at the Farnborough International Airshow from July 11-15, 2016 in Hall 4, Booth A114, where it is exhibiting a full-scale mock-up of the company’s patented MERKE IV™ Rapid Plasma Deposition™ machine that has been qualified at the world’s top echelon of aircraft manufacturers to produce structural titanium components.

About Norsk Titanium AS

Norsk Titanium AS is the world’s pioneering supplier of aerospace-grade, additive manufactured, structural titanium components. The company is distinguished in the aviation industry by its patented Rapid Plasma Deposition™ (RPD™) process that transforms titanium wire into complex components suitable for structural and safety-critical applications. The Norsk Titanium research and development team is committed to replacing today’s inefficient manufacturing processes with a precision wire deposition technology embodying substantial savings for aerospace, defense, and commercial applications.

About Mecachrome

For 80 years, Mecachrome has been a leader in the design, engineering, manufacturing and assembling of complex precision-engineered components for aircraft and automotive applications, including aerostructural and aircraft engine components, high-end automobile engine components and motor racing engines.