Australian metal additive manufacturing company Titomic has announced it has entered into an MoU with Fincantieri.
The Italian shipbuilding company has recently been busy signing agreements with Australian companies, including two SA firms and WA’s Hofmann Engineering, in advance of the imminent Sea 5000 decision.
“We are pleased to partner with Titomic, an innovative advanced manufacturing company, to pursue new technological development, continuous improvement and value creation for all our stakeholders,” Dario Deste, chairman of Fincantieri Australia, said.
“The significance of this partnership examines how we can introduce new manufacturing technologies to make Australia sovereign in advanced naval technology and improve our solutions on the world-wide market.”
The MoU, Titomic’s first in the marine sector, begins with immediate effect and will last for 12 months. The MoU will enable Titomic to work with Fincantieri to evaluate the potential for Titomic’s additive manufacturing process to be used in Fincantieri’s manufacturing activities.
“This agreement with Fincantieri marks a significant milestone for future shipbuilding and industrial scale additive manufacturing,” Jeff Lang, CEO & CTO of Titomic said. “Titomic’s signing with Fincantieri to evaluate our Titomic Kinetic Fusion process will not only add value to existing manufacturing and repair activities, it will lead to the creation of next generation high tech vessels.”
The initial R&D phase will take place at Titomic’s Melbourne facility.
Representatives from Fincantieri Australia will also be attending the launch of the world’s largest metal 3D printer at the same facility.