Titomic to Deliver Samples under Lockheed Martin & RMIT Research Program
05 Outubro 2020 - 9:30AM
Business Wire
- Titomic to additively manufacture high-performance
metals satellite structures using TKF
- Lockheed Martin to validate RMIT & Titomic’s TKF
Satellite Parts
- TKF's significant build rates of high-performance metals
will reduce lead-times from months to hours
- Global 'small satellite' market expected to reach USD $18.3B
by 2026, at CAGR of 20.28%1
Melbourne-based industrial additive manufacturing company,
Titomic Limited, has entered into a commercial research and
development agreement with RMIT University (“RMIT”) to be conducted
on behalf of Lockheed Martin – a major aerospace and defence
company. The study will assess the capabilities of Titomic Kinetic
Fusion® (TKF) to create structural satellite parts made from a
high-performance metal. Titomic’s participation in this joint
research project will analyse the various capabilities of both
traditional and additive manufacturing methods relative to
radiation shielding within satellites.
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Titomic Kinetic Fusion® will be used to
additively manufacture satellite components. (Photo: Business
Wire)
Under this research agreement, Titomic will manufacture
high-performance, metal demonstration samples for satellite parts
using its industrial-scale additive manufacturing process, Titomic
Kinetic Fusion®. This research project may also lead to commercial
opportunities for Titomic within the space and defence sectors
following the successful validation of the additively manufactured
demonstration satellite parts. The small satellite components
(cubes) market for commercial and government applications in the
main areas of telecommunications, broadcasting, and data
communications, with the market size anticipated to grow from USD
$4.18B in 2018 to USD $18.30B by 2026, at a CAGR of 20.28%1.
Titomic’s Managing Director Jeff Lang stated:
“Titomic is excited to be involved in this
RMIT joint research initiative alongside the global defence and
aerospace prime, Lockheed Martin, to provide significant benefit
for all involved. As we demonstrate the unique capabilities of
Titomic Kinetic Fusion® for the additive manufacture of satellite
structures using high-performance metals and super alloys, we are
also enabling exponentially faster production to reduce lead-times
for the space industry, from months to hours, compared to
traditional processes.”
RMIT University’s Professor Milan Brandt stated:
"RMIT Centre for Additive Manufacturing is
excited to be working with long term partner Lockheed Martin and
Titomic to advance the state of the art in advanced manufacturing
methods for protection of satellites from space radiation. The
combination of additive manufacturing and highly-dense materials
for this application offers new opportunities for not only
increased radiation resistance but significantly reduced lead times
for manufacture of new satellites."
Visit https://titomic.com/
1.
Fortune Business Insights
https://www.fortunebusinessinsights.com/industry-reports/small-satellite-market-101917
2.
Australia’sCriticalMineralsStrategy2019
https://www.industry.gov.au/sites/default/files/2019-03/australias-critical-minerals-strategy-2019.pdf
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Peter Vaughan. Ph: +03 9558 8822.
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