Australia's Titomic rises on deal to resell cold spray systems in the US

Titomic

16/05/2023 04:45

** Shares of Titomic Ltd  TTT.AX  rise as much as 9.4% to
A$0.093, set for best session since April 4, if gains hold
    ** Co signs reseller agreement with Anywise America, a
provider of technology, engineering and consulting services to
government clients in the U.S.
    ** Under deal, Anywise will focus on reselling TTT's D523
low-pressure cold spray systems and large-scale TKF systems to
the U.S. Department of Defence
    ** Stock down ~48.5% so far this year, as of last close 
    


 (Reporting by Upasana Singh in Bengaluru)
 ((Upasana.Singh@thomsonreuters.com))