Norsk Titanium Successfully Qualifies Rapid Plasma Deposition® Process for Airbus Production

PLATTSBURGH NEW YORK, December 19, 2023 — Norsk Titanium (Euronext: NTI, OTCQX: NORSF), a global leader in additive manufacturing for aerospace-grade structural titanium components using its patented Rapid Plasma Deposition^® technology, announces qualification and initial production for Airbus.

Within a multi-year collaboration with Airbus, Norsk Titanium successfully qualified its Merke IV^® machine and the Rapid Plasma Deposition^® (RPD^®) process for Airbus production.

Premium Aerotec in Varel Germany, an Airbus subsidiary, has placed an order for an initial structural part, and Norsk Titanium is currently completing delivery of the first order. The first additively manufactured preforms delivered by Norsk have been machined, qualified and installed into an A350 assembly.

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

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