Norsk Titanium Receives Boeing Engineering Test Article Order

Titanium RPD components to enable flight certification for Boeing commercial airplanes

FARNBOROUGH, UK — July 12, 2016 — Norsk Titanium AS, the world’s pioneering supplier of aerospace-grade, additive manufactured, structural titanium components, today announced it has received an order for titanium engineering test articles from The Boeing Company (NYSE: BA) produced by Norsk’s proprietary Rapid Plasma Deposition™ (RPD™ ) process. Terms of the purchase order were not released.

“We are pleased with Boeing’s thoughtful review of structural titanium components made by our RPD™ process,” said Norsk Titanium President & Chief Executive Officer Warren M. Boley, Jr. “Together, we seek to create significant customer value by reducing cost and lead time from their premier commercial airplane platforms.”

The engineering test article order involves Norsk Titanium producing titanium Ti-6Al-4V additive manufactured preforms and delivering them to Boeing for further testing and evaluation.

“I’d like to congratulate the Boeing and Norsk teams on achieving this milestone through many months of diligence and hard work,” said Norsk Titanium Chief Commercial Officer Chet Fuller. “Although it is still early in the qualification process, we are pleased with the steady progress, including evaluations of our MERKE IV™ production machine, as well as this latest test article order. This activity follows evaluations of the MERKE III™ production machine, qualified under the Boeing Material Specification, back in February.”

The manufacture, test, and analysis of Norsk Titanium’s RPD™ preforms is designed to demonstrate part to part repeatability and the operations processes necessary to enter into long term production of structural components for fleet aircraft.

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 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