Norsk Titanium secures US Defense funding to advance nickel superalloy production
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Norsk Titanium has received continued funding from the US Department of Defense to enhance its nickel superalloy production using Rapid Plasma Deposition technology. This development aims to improve manufacturing processes for components used in defense and oil and gas sectors.
November 11, 2024 | 9:45 pm
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Norsk Titanium has secured funding from the US Department of Defense to advance its nickel superalloy production capabilities using Rapid Plasma Deposition technology.
The funding from the US Department of Defense is a significant endorsement of Norsk Titanium's technology and its strategic importance in defense applications. This could lead to increased demand and potential contracts, positively impacting the company's stock price.
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