CEO, Titomic
Stories naming Herbert Koeck. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Weekly roundup of five popular stories: a Victorian hydrogen plant groundbreaking, Titomic's CEO change and $30 million raise, a defence laser contract, a WA shipbuilding precinct, and Civmec's framework to take over Luerssen Australia.
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Titomic is handing its top job to aerospace veteran Jim Simpson: the incumbent CEO leaves at year's end, the chairman goes executive, and brokers are reportedly lining up investors for a raise.
Titomic has hired Dr Patricia Dare to head its push into the United States defence market, citing recent equipment sales there, including a roughly $1.2 million system deal with Triton Systems.
Roundup: Arafura Rare Earths banks $25m for its rare earths project; Incitec Pivot, Electro Optic Systems and Alpha HPA announce leadership changes; Titomic extends its MD's contract; Cobram Estate grows US olive output.
Titomic has received a European Union Horizon Europe CoBRAIN grant worth 260,000 Euro to fund AI and machine learning research into its cold spray manufacturing processes.
Year-end review of Australian additive manufacturing in 2021: MMI grants for Romar, Titomic and SPEE3D, Titomic's raises and acquisitions, Conflux's Series A, Aurora Labs' capital raise and leadership changes, and AML3D's listing anniversary.
Turkish machine maker Repkon has taken a $2.5 million strategic stake in Australian additive manufacturer Titomic, following a $9 million placement, with the combined funds earmarked to speed commercialisation and joint venture plans.
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