Tekna Holding ASA

Report Publication Announcement • Jul 14, 2021

TEKNA signs 10-year AM metal powder agreement

TEKNA signs 10-year AM metal powder agreement

14.7.2021 07:00:00 CEST | Tekna Holding AS | Non-regulatory press releases

ARENDAL, NO / SHERBROOKE, QC - Tekna (OSE: TEKNA), the world-leading provider of

advanced materials to industry, announces today that it has signed a master

supply agreement for a duration of 10 years with an international leading

company in the aviation, defense and space industry. This agreement will make

Tekna the primary supplier of additive manufacturing powder for the tier-1

customer and its related supply chain for different materials such as aluminum

and titanium alloys.

Rémy Pontone, VP Sales & Marketing at Tekna, says: "This agreement confirms

Tekna's leadership position in the aerospace supply chain. It is the result of

over 5 years of joint efforts that started with the drafting of the product

specifications, commercial sample evaluations and multiple successful quality

audits of Tekna manufacturing operations and quality management system that

concluded with this agreement."

Additive manufacturing technology allows for the simplification of the supply

chain, reduction of complexity and weight of parts. It uses a faster, cost

competitive and sustainable production process.

"Tekna's broad product offering, and history of manufacturing excellence

resonates in the mind of the decision makers at all levels in the additive

manufacturing industry. It stretches beyond considerations of cost

competitiveness and reaches out to value-added supply of strategic materials.

This has become the trademark of our company and it is the culmination of a

trust-building process between Tekna and our customers, " says Luc Dionne, CEO.

Tekna produces high-quality powders dedicated to additive manufacturing, metal

injection molding and hot isostatic pressing applications that feature high

flowability, high density and high purity at controlled production costs. These

properties are attained by applying the patented RF Plasma Technology that was

developed and perfected by Tekna over the last 30 years.

As the quality leader for metal powder, Tekna is committed to strengthening its

position as the supplier of choice for additive manufacturing.

DISCLOSURE REGULATION

This information is subject to the disclosure requirements pursuant to Section

5-12 of the Norwegian Securities Trading Act.

CONTACTS

* Arina van Oost, Investor Relations | VP Corporate Strategic Development &

Innovation, +1 438 885 6330, Investors@tekna.com

* Remy Pontone, VP Sales & Marketing, +33 670 059 795, Remy.Pontone@tekna.com

ABOUT TEKNA HOLDING AS

Tekna is a world-leading provider of advanced materials to industry,

headquartered in Sherbrooke, Canada. Tekna produces high-purity metal powders

for applications such as 3D printing in the aerospace, medical and automotive

sectors, as well as optimized induction plasma systems for industrial research

and production. With its unique, IP-protected plasma technology, the company is

well positioned in the growing market for advanced nanomaterials within the

electronics and batteries industries. Building on 30 years of delivering

excellence, Tekna is a global player recognized for its quality products and its

commitment to its large base of multinational blue-chip customers.

www.tekna.com - http://www.tekna.com

ATTACHMENTS

Download announcement as PDF.pdf -

https://kommunikasjon.ntb.no/ir-files/17847682/648/918/Download%20announcement%2

0as%20PDF.pdf