MELBOURNE, Australië-(BUSINESS WIRE)- Titomic heeft een Heads of Agreement getekend met Neos International Limited om in het Verenigd Koninkrijk een joint venture op te richten voor de productie en verkoop van Invar 36-frontplaten en multimetalen productoplossingen voor de lucht- en ruimtevaart-, defensie-, automobiel- en nucleaire sector. De producten zullen worden vervaardigd met behulp van de Kinetic Fusion-technologie (TKF) van Titomic en de specialistische engineering- en gereedschapsexpertise van Neos.

De joint venture Neos Titomic zal de snelle levering van Invar en Nickel Shell Tooling en aanverwante producten aan de lucht- en ruimtevaart en andere vitale sectoren bevorderen. De snelle levering van door TKF vervaardigde gereedschappen zal helpen bij de invoering van koolstofvezel composiet technologieën van de volgende generatie, die cruciaal zijn voor de productie van lichtgewicht brandstofzuinige vliegtuigen en apparatuur ter ondersteuning van de Britse luchtvaart- en ruimtevaartsectoren.

Titomic & Néos to Manufacture Invar36 Faceplates in the UK

MELBOURNE, Australia–(BUSINESS WIRE)– Titomic has signed a Heads of Agreement with Neos International Limited to form a joint venture in the United Kingdom which will manufacture and sell Invar 36 Faceplates and multi-metal product solutions for the Aerospace, Defence, Automotive and Nuclear industries. The products will be manufactured using Titomic’s Kinetic Fusion (TKF) Technology and Neos’ specialist engineering and tooling expertise.

The Neos Titomic joint venture will enhance the rapid delivery of Invar and Nickel Shell Tooling and related products to the Aerospace and other vital sectors. The rapid delivery of TKF manufactured tools will assist in the uptake of next generation carbon fibre composite technologies, critical for the production of lightweight fuel-efficient aircraft and equipment to support the UK’s Aircraft and Space Industries.

This joint venture will ensure the high-rate production of mould tools, nickel tools and Defence solutions across the UK supply chain, supporting the UK’s position on next-generation aircraft.

Aircraft manufacturers routinely experience extremely long lead times for tooling required to manufacture carbon fibre parts, caused by limitations of cast and wrought manufacturing. To assist industry in meeting this demand, Titomic has undertaken two years of extensive R&D to validate TKF manufacturing for tooling. This work has culminated in an effective manufacturing process and a commercial relationship with Neos to bring the technology to the UK.

Traditionally, Invar tooling is manufactured by machining billets or casting, which results in up to 90% material wastage or porous tools, respectively. The TKF process addresses these challenges by manufacturing near-net-shape faceplates requiring only 10-20% of material to be machined away to create a finished faceplate in a substantially shorter time. With only 0.5% porosity, these tools exceed all vacuum leak testing standards for aerospace carbon fibre moulding.

With these benefits, clients reduce costs, lead times, and waste thus improving overall productivity.

This joint venture highlights Titomic’s growth strategies, ensuring that the TKF technology adds value and capability to industries around the world.

About NÉOS International Limited:

NÉOS International Limited is a UK headquartered engineering group, supporting many of the world’s leading OEM’s by providing innovative solutions from multiple technology centre’s within the UK, Portugal and India. Please visit: www.neosintl.com

About TITOMIC Limited:

For more information please visit: www.titomic.com .

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Contacts

Dominic Parsonson

Titomic Limited

Email: info@titomic.com
Phone: +61 (0)484 621 756