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Norsk Titanium
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Short description

Developer of additive manufacturing technology that reduces the material waste and energy use associated with the the forging and machining of titanium parts

Founded in 2007
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Company type Private Public ()
Company type

Industry Group materials & chemicals

Sector advanced manufacturing

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Norway Hønefoss, Norway
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Updated by Cleantech Group on 08/13/2021

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Date Company
06/18/2019

Airbus Airbus

Award from Airbus for the Qualification and Serial Production of the first parts to be manufactured utilizing wire-based Direct Energy Deposition (DED) additive manufacturing technology.

Confirmed by Airbus

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IPO INFORMATION

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Date Investors Type Amount
09/25/2017 Applied Ventures Applied Ventures (1)
Post-money valuation of
This funding was disclosed via regulatory filing. Per the filing, Norsk Titanium US, Inc. has issued stock option grants to accredited investors, exercisable for shares of its parent company, Norsk Titanium AS, for an exercise price of $400 - $500 per option.
Series B $10,289,868
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