HomeCAMAdditive ManufacturingTitomic Plans to Redomicile from Australia to US

Titomic Plans to Redomicile from Australia to US

HUNTSVILLE, AL, USA, Mar 16, 2026 – Titomic Limited (ASX: TTT), an advanced manufacturing company operating within the U.S. and allied defense industrial base, announced that its Board of Directors has approved commencement of planning activities to redomicile the Company from Australia to the United States.

The proposed redomicile reflects the deepening of Titomic’s activities within U.S. defense, aerospace, and industrial markets. The United States represents the largest global market for advanced manufacturing solutions supporting the modernization of the defense and domestic industrial base.

Under the proposed structure, Titomic intends to establish a U.S.-based holding company (“HeadCo”), which will become the new parent company of the Titomic Group. Existing shareholders of Titomic Limited would retain an equivalent proportional economic interest in HeadCo by way of Chess Depository Instruments, subject to any ineligible foreign ownership provisions. The Company’s global operations, management team, and strategic direction will remain unchanged.

Titomic recently commenced and anticipates further engagements with Tier-1 prime contractors supporting U.S. Department of War programs. Many of these opportunities will involve activities subject to U.S. regulatory requirements to and including U.S. export controls of the International Traffic in Arms Regulations (ITAR). Establishing a U.S.-domiciled parent company will allow the Company’s Board and leadership enhanced participation in these programs and support the continued expansion of Titomic’s U.S. defense business.

The Company anticipates completing the redomicile in H2 2026. The transaction is expected to be implemented by way of a Scheme of Arrangement between Titomic and its shareholders and will be subject to shareholder approval and approval of the Federal Court of Australia.

Following completion of the redomicile, the Company intends to pursue a listing of its shares on a U.S. exchange at an appropriate time. A U.S. listing would further expand access to global capital markets and support Titomic’s growth strategy to scale advanced manufacturing production across defense, aerospace, energy, and industrial sectors.

Executive Chairman Dag W.R. Strømme said: “Titomic will always be an Australian success story at its core. To better position the Company for the future, we believe establishing a U.S.-domiciled parent company is the right strategic step for Titomic and its shareholders. The United States is the center of the global defense and advanced manufacturing ecosystem, and aligning our corporate structure with our operational footprint strengthens our ability to execute our growth strategy while maintaining our strong international presence as well as simplicity in running the business.”

Chief Executive Officer and Managing Director Jim Simpson said: “Titomic’s growth strategy is increasingly aligned with the U.S. defense, aerospace and industrial markets. Re-domiciling the company positions Titomic to fully participate in the modernization of the U.S. defense industrial base while scaling our advanced manufacturing capabilities globally.”

Further details regarding the proposed redomicile will be provided to shareholders during H1 2026.

About Titomic Ltd.

Titomic Limited (ASX: TTT) is an Australian public company specializing in large integrated solutions for industrial- scale metal additive manufacturing, coating, and repairs using its patented kinetic fusion cold spray (Titomic Kinetic Fusion) technology. Titomic Kinetic Fusion cold spray solutions provide OEM production and R&D services to the global Aerospace, Defense, Shipbuilding, Oil & Gas, Mining and Automotive industries. Titomic also offers global sales and support for all of its Titomic Kinetic Fusion cold spray AM activities from its Melbourne Head Office, as well as through local presence in the USA and Europe. Titomic delivers competitive advantages in metal additive manufacturing at every stage in the product value chain.

For more information, please contact Titomic via www.titomic.com.

Invitation
Siemens sd17
Nitin Patil
Nitin Patil
Editor and Director of Content, DailyCADCAM.com. Nitin completed his Master's in Mass Communication & Journalism and having 13 years of work experience as an editor, content writer with renowned international technical magazines and media companies. He is associated with CAD,CAM industry since 2008.
RELATED ARTICLES

Download eBook Now

Ebook nx

Most Popular