• Successful hot fire test of solid rocket motor thrust chamber using Titomic Kinetic Fusion™ cold spray technology
• Secured $1.7M Early Manufacturing Development contract with leading defense prime
• Received first Low-Rate Initial Production order in semiconductor sector

During the quarter, Titomic delivered meaningful progress in its transition from advanced manufacturing development into execution-focused, production-relevant operations across defense, aerospace, semiconductor, energy, and industrial markets. Key highlights included successful completion of a hot fire test of a solid rocket motor thrust chamber manufactured using its proprietary Titomic Kinetic Fusion™ cold spray technology for Northrop Grumman, securing a $1.7M Early Manufacturing Development contract with a leading defense prime, receiving its first Low-Rate Initial Production order within the semiconductor sector, deploying a D623 medium-pressure cold spray system for offshore Oil & Gas operations in Australia, and expanding its global footprint with system sales in Europe and the U.S. Titomic also demonstrated a breakthrough application of its cold spray technology for lithium-ion battery electrode manufacturing and strengthened its leadership team in Europe. The company is focused on converting its demonstrated capabilities into long-term customer programs through disciplined execution, repeatability, and scalable delivery.

Titomic has a strong balance sheet with cash flows, operating costs and order intake developing according to plan. The company expects to transition into higher-volume production programs across semiconductor and other sectors during 2026.

As Titomic enters 2026, the company is focused on converting its capability into sustained revenue through disciplined scaling, operational excellence, and long-term customer programs. Its ability to deliver manufacturing and sustainment services with cost, speed and supply-chain advantages will continue to strengthen its market position in an increasingly high-demand environment.