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Posted on April 21, 2020 by  & 
External Company Press Release

Titomic Becomes Registered Research Service Provider

Industrial-scale additive manufacturing company, Titomic has been certified a Research Service Provider (RSP) by Innovation and Science Australia, the statutory body that advises the Australian Government on innovation, research and science issues. The first additive manufacturer to get RSP status, it will allow Titomic to provide scientific or technical expertise and resources to perform research and development work for other companies. For further information see the IDTechEx report on 3D Printing 2019-2029: Technology and Market Analysis.
 
Combined with the engineering and commercial benefits of Titomic Kinetic Fusion, it will enhance Titomic's position as a world leader in advanced metal additive manufacturing and provide certified validation of prototypes and parts for high-technology industries such as aerospace and defence.
 
The RSP status also means Titomic can now attract R&D work through off-set credits from major defence primes. Australian Government defines offsets as being a requirement for a percentage of the contract's value to be subcontracted locally or for other forms of benefit to be granted, such as R&D work. In other words, Titomic has now become a credible R&D service provider to the world's largest defence and aerospace companies, providing a commercially focused alternative with reduced lead times, compared to Government institutional research providers such as Defence Science Technology Group.
 
 
Titomic Managing Director, Jeff Lang, said: "Being certified as an RSP further acknowledges the R&D work by Titomic to achieve the material science and technology validation of Titomic Kinetic Fusion (TKF). More than ever, today's investments in R&D breakthroughs by Australian companies will determine the size of future sovereign advanced manufacturing capabilities and commercial dividends being paid back into Australia's future economy." Granting RSP status to Titomic gives it a significant competitive advantage in industrial-scale metal additive manufacturing and next generation material science. "Conducting R&D through an RSP provides considerable commercial incentives for companies, including the assurance that the RSP provides certified, quality R&D services without the company having to invest in the specialist staff or infrastructure required themselves."
Titomic's RSP R&D expertise covers the fields of Aerospace Engineering, Manufacturing Engineering, and Materials Engineering and provides companies with the opportunity to begin their R&D activities at Titomic's world-class bureau in Melbourne, utilising their Government grants and claiming R&D tax concession offsets for eligible works undertaken.
 
Lang says: "We are proud to have met the stringent eligibility criteria from Innovation and Science Australia to achieve this RSP certification and will continue to add significant capability to Australian industry, working closely with government, research institutions, and our valued clients. Titomic is leading the way by utilizing the Australian pioneering spirit and creative ingenuity to add significant value to Australian supply chains and advanced technology for the benefit of all Australians."
 
 
Swinburne University of Technology, Professor Chris Berndt, said: "As a key research partner of Titomic, we are proud to see this certification awarded to the company. At Swinburne, we are home to Australian Research Council's Centre in Surface Engineering for Advanced Materials (SEAM) where we continue to research material science innovations through advanced technologies such as TKF. We look forward to a mutually prosperous partnership to train future industry-fit 'plug-&-play' professionals and provide immediate economic outcomes that can evolve from industrial transformations."
 
Contacts:
Peter Vaughan
Company Secretary & CFO
+61(0)3 9558 8822
 
Media:
Nicholas Way
0434 729 577
 
About Titomic Limited:
Titomic is headquartered in Melbourne, Australia. Titomic is positioned to change the value proposition of Titanium, to unlock new applications and open opportunities that are now technically and economically viable with its proprietary Titomic Kinetic Fusion (TKF) technology platform. TKF overcomes the limitations of additive manufacturing (3D printing) for metals to manufacture complex parts without shape or size constraints. TKF offers production run capability to organisations, which enables speed-to-market, superior products with lower production inputs using fewer resources for a more sustainable future.
 
 
Source: Titomic
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