Australia's Titomic gains on agreement with NASA

Titomic

12/02/2026 03:48

** Shares of Australia's Titomic TTT.AX  rise as much as 9.1% to A$0.24, their highest since February 5

** Titomic, which manufactures components for industrial markets, signs a "space act agreement" with NASA

** Deal entails testing and evaluation of components produced using co's 'Titomic Kinetic Fusion cold spray technology

** Initial evaluation by NASA will assess characteristics of Titomic-produced parts for potential use in aerospace applications, co says

** YTD, shares down 8.3%

(Reporting by Shruti Agarwal in Bengaluru)

((Shruti.Agarwal@thomsonreuters.com))