More Titomic deals over the next month


At the public launch of the Titomic (ASX:TTT) 3D printing facility, CEO Jeff Lang told Inside Market that there were several more significant prototype deals coming over the next month or so.

He also tipped Titomic as a billion dollar business.

KEY MESSAGES FROM LAUNCH INTERVIEW

Machines may sell between $10m & $15m

20 machine sales in pipeline

Customers may need up to $20m of Titomic powder annually

Bike production start in 3 to 4 months (facility capable 5k annually)

Aiming for 1% of $52b pushbike market

Feels current market capitalization not high



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