Norsk Titanium AS
Capital Structure
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in mil. unless spec.Semi-annual Revenue
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in mil. unless spec.Company Description
- CEO
- Fabrizio Ponte
- Full Time Employees
- 127
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- Flyplassveien 20 Hønefoss PS Norway 3514
- IPO Date
- May 18, 2021
- Website
- norsktitanium.no
- Similar Companies
- Business
- Norsk Titanium AS develops and produces aerospace-grade structural titanium components using its proprietary Rapid Plasma Deposition (RPD) technology, a high-deposition-rate additive manufacturing process that enables fast, cost-efficient production of near-net-shape parts from titanium wire; core offerings include MERKE IV RPD machines capable of 5-10 kg/hour deposition rates with buy-to-fly ratios as low as 3:1, serial production parts for commercial and defense aerospace applications, customer-funded development services, and emerging solutions for industrial sectors such as semiconductors, energy infrastructure, and repairs. The company serves tier-one suppliers like Airbus Aerostructures under a long-term Master Supply Agreement for A350 production, Boeing for 787 Dreamliner components, Spirit AeroSystems, Safran Landing Systems, and Northrop Grumman as an approved special processor, with operations spanning commercial aerospace, defense, and diversified industrial markets across North America and Europe. Founded in 2009 by Dr. Alf Bjørseth and Petter Gjørvad and headquartered in Hønefoss, Norway, with key facilities including a technology center in Eggemoen, a qualification center, and a full-scale production center in Plattsburgh, New York, USA, it trades on Euronext Growth (NTI) and OTCQX (NORSF). Recent developments include a USD 10 million term loan facility agreement with Claret Capital Partners in June 2025 to bolster liquidity and growth, an initiated equity raise of approximately USD 15 million backed by major shareholders White Crystals Ltd., Scatec Innovation AS, and Global Portfolio Investments representing 45% ownership, strengthened sales organization and cross-functional product management team to accelerate part transitions, and diversification efforts into non-aerospace industrial segments amid delayed aerospace timelines that push breakeven to early 2027 while targeting USD 70 million revenue in 2026.
Company News
Norsk Titanium AS (NORSF) Q2 2026 Earnings Call Transcript
Norsk Titanium AS (NORSF) Q4 2025 Earnings Call Transcript
Norsk Titanium AS (NORSF) Q3 2025 Earnings Call Transcript
Norsk Titanium signs new industrial and defense contracts
Norsk Titanium projects strong finish to 2025 as aerospace momentum builds
Norsk Titanium highlights aerospace momentum with Airbus, US defense push
Norsk Titanium showcases defense-ready additive manufacturing capabilities at Rapid + TCT Conference
Norsk Titanium focused on commercialization, value creation in 2025 as production ramps up
Norsk Titanium strengthens leadership team with chief commercial officer appointment
Norsk Titanium eyes significant revenue growth in 2025 as it expands parts in serial production
Norsk Titanium strengthens leadership team with new VP of Digital Technology
Norsk Titanium secures US Defense funding to advance nickel superalloy production
Norsk Titanium expands defense market presence, maintains long-term revenue target
Airbus Aerostructures, Norsk Titanium in titanium delivery deal
Norsk Titanium secures semiconductor market foothold with Hittech Group supply deal
Norsk Titanium delivers flight-critical structure to defense market
Norsk Titanium ramps up rapid part development capabilities
Norsk Titanium's Rapid Plasma Deposition process qualifies for Airbus production