Australian metal additive manufacturing company Titomic Limited has finalized the sale of a D523 Low Pressure Cold Spray System (D523) to Volvo Group for EUR 55,000 (AUD 90,865). This transaction signifies the integration of Titomic’s cold spray technology into Volvo’s Repair and Remanufacture operations, expanding Titomic’s presence in the MRO industry.
With a global reputation in the automotive and heavy equipment sectors, Volvo Group’s adoption of Titomic’s cutting-edge technology underlines a significant advancement in the field. Noteworthy clients like Rolls Royce and MTU Power have already benefited from Titomic’s innovative solutions.
The sale of the D523 to Volvo Group marks a pivotal moment for Titomic, showcasing its ability to provide novel capabilities to industry leaders. As one of the largest truck manufacturers globally, Volvo Group’s diverse portfolio includes heavy equipment requiring maintenance and repair, making the integration of the D523 a strategic move. The focus will primarily be on maintaining, repairing, and overhauling heavy equipment engines, particularly for Volvo Trucks, with potential expansion into Volvo Construction Equipment in the future.
Titomic’s Managing Director Herbert Koeck emphasized that Volvo’s adoption of this technology demonstrates the strong performance of Titomic’s products and growing interest in them across Europe and the worldwide remanufacturing and maintenance sector.
This sale not only creates opportunities for further sales within Volvo but also provides evidence of the impact of Titomic’s technology in enhancing remanufacturing and maintenance capabilities across diverse industries.
Source: australianmanufacturing.com.au
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