Norsk Titanium
Norsk Titanium produces aerospace-grade structural titanium components using its proprietary wire-based plasma arc additive manufacturing process, known as Rapid Plasma Deposition (RPD).
- CEO / Founder
- Carl Johnson
- Team Size
- 51-200
- Stage
- Active
- Total Funding
- $68.9M
- Latest Round
- Private Placement
- Key Investors
- Triangle Holdings, Ferd AS, B.O. Steen, Harbert European Growth Capital, Rose Park Advisors
Technology & Products
Key Products
Rapid Plasma Deposition (RPD) technology for structural titanium components, particularly for the aerospace and defense industries.
Technological Advantage
RPD technology offers significant cost savings (50-75% reduction), shorter lead times (months to days), and reduced material waste compared to legacy forging processes. This creates a strong business case for replacing traditionally manufactured parts in highly regulated industries.
Differentiation
Value Proposition
Delivering complex, flight-qualified titanium components with forged-like strength at significantly reduced lead times, cost, and material waste compared to traditional forging and machining.
How They Differentiate
Norsk Titanium differentiates from traditional competitors (forging) by offering a faster, more cost-effective, and sustainable manufacturing process. Compared to other metal AM companies, Norsk Titanium is highly focused on large-scale structural components for the aerospace industry with a qualified, high-deposition-rate process.
Market & Competition
Target Customers
Major Tier-1 aerospace and defense manufacturers and OEMs.
Industry Verticals
["Aerospace","Defense","Industrial"]
Competitors
Alloy Additive, Arcam, Applications Additives Avancees, Sciaky, Ascent Aerospace, Triumph Group, Precision Castparts.
Growth & Milestones
Growth Metrics
The company has a stated 2026 revenue target of USD 150 million. It has secured long-term supply agreements with major aerospace OEMs.
Major Milestones
["Achieved the first FAA-approved, OEM-qualified, 3D-printed structural titanium component for commercial aircraft (Boeing 787).","Established long-term supply agreements with Boeing and Safran.","Successfully listed on the Euronext Growth Oslo exchange (2021).","Expanded production capabilities at its Plattsburgh, NY facility."]
Notable Customers
Airbus, Safran, Boeing, General Atomics-ASI, and other customers in the Industrial and Defense segments.