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HomeCAMAdditive ManufacturingTitomic to Receive $10.3 Million from US EXIM to Expand Manufacturing Capabilities,...

Titomic to Receive $10.3 Million from US EXIM to Expand Manufacturing Capabilities, Support Jobs in Alabama

HUNTSVILLE, AL, USA, Nov 4, 2026 – Titomic Limited (ASX: TTT), a global advanced manufacturing company serving the U.S. and allied industrial base, using its proprietary cold spray Titomic Kinetic Fusion (TKF) Technology, is pleased to announce that The Export-Import Bank of the United States (EXIM) has approved a USD 10.3 million (AUD 14.7 million) direct loan to Titomic USA, Inc. (Titomic), supporting the expansion of advanced manufacturing capabilities in Huntsville, Alabama. The loan will be provided under the Bank’s Make More in America Initiative, which extends EXIM financing to export-oriented domestic manufacturing projects, especially in sectors critical to national security.

The financing will support the purchase of an integrated high-pressure cold-spray production cell, enabling Titomic to expand its domestic capacity to manufacture, repair, and restore high-performance metal components in the United States. The transaction is expected to support at least dozens of new full-time jobs in Alabama.

“EXIM’s Make More in America initiative ensures that strategically important production capabilities, like those at Titomic, remain in the United States for years to come,” said EXIM Chairman John Jovanovic. “Under President Trump’s leadership, we are strengthening America’s advanced manufacturing base and supporting well-paying jobs.”

“EXIM’s support marks an important milestone for Titomic as we expand U.S. manufacturing capacity, create skilled American jobs, and strengthen domestic supply chains for critical industries,” said Jim Simpson, CEO & Managing Director, Titomic.

“America needs a strong manufacturing base to remain competitive around the world,” said Representative Dale W. Strong (AL-05). “EXIM’s financing for Titomic will support advanced manufacturing in North Alabama and help expand our country’s industrial capabilities. We have the workforce and expertise to lead in this industry, and we need to keep building on that strength here at home.”

The project will help reduce reliance on overseas production, improve industrial resilience, and support U.S. technological leadership in next-generation manufacturing. Located in Huntsville, a growing hub for aerospace and defense innovation, Titomic’s expanded operations will contribute to a stronger domestic industrial base and support export-oriented growth.

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, visit www.titomic.com.

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.
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