Titomic and Neos International Limited have signed a Heads of Agreement to form a joint venture in the United Kingdom to produce and sell Invar 36 Faceplates and multi-metal product solutions for the Aerospace, Defense, 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 to produce lightweight fuel-efficient aircraft and equipment to support the UK’s Aircraft and Space Industries.
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.
Norbert Schulze, Interim CEO of Titomic, commented, “We are excited about working with Neos to manufacture high-performance solutions in the United Kingdom using our Kinetic Fusion Technology, providing reduced lead times to the Aerospace sectors by combining Neos’ well-established engineering expertise and Titomic’s high-speed additive manufacturing technology.”
Carl Roberts, CEO of Neos says, “Titomic is a leading company with proven reliability in metal additive manufacturing so, having them as our joint venture partner, will be extremely beneficial in producing large scale additively manufactured solutions for the Aerospace Industry, as well as a beneficial technology to support the changing Defence landscape.”
News and Image Source- www.titomic.com.