Tekna Holding ASA

M&A Activity • Jun 15, 2021

TEKNA and AIRBUS sign multi-year supply agreement for 3D printing titanium powder

TEKNA and AIRBUS sign multi-year supply agreement for 3D printing titanium powder

15.6.2021 13:12:43 CEST | Tekna Holding AS | Non-regulatory press releases

The long-term supply agreement for high-quality titanium powder will make Tekna

one of the primary suppliers of Additive Manufacturing powder to Airbus.

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

advanced materials to industry, has been selected by Airbus, a leading aircraft

manufacturer, to provide high-quality titanium powder for Additive

Manufacturing. This agreement positions Tekna as one of the key powder suppliers

for Airbus - including its divisions Defense and Space and Helicopters - as well

as its related supply chain for titanium alloys.

Additive Manufacturing technology allows for the reduction of complexity and

weight of parts. It uses a faster, cost-competitive and sustainable production

process.

Rémy Pontone, VP Sales & Marketing at Tekna, says: "The quality of our Ti64

product, and the processes we developed to ensure this consistent high quality,

were contributing factors to Tekna winning the bid. We expect our titanium

powder sales to ramp up over the coming years through this long-term agreement

with both Airbus and its Enabled Suppliers."

Luc Dionne, Chief Executive Officer at Tekna Canada, adds: "We are very pleased

to have been selected by Airbus, knowing the high standards of quality,

reliability and supply chain solidity they expect from their suppliers. We are

proud to add them to our long list of major aerospace customers and we look

forward to a long-lasting relationship with Airbus."

On 3 May 2021, Tekna accepted an invitation from the National Center for

Advanced Materials Performance to participate in a major aerospace qualification

program. The generated data will be posted in The Metallic Materials Properties

Development and Standardization Handbook, which is an accepted source for

metallic material, recognized by the U.S. Federal Aviation Administration, the

U.S. Department of Defense and the National Aeronautics and Space

Administration. Parts produced with Tekna's powder material, qualified under

this program, will automatically pass the initial design phase and analysis by

those entities.

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

injection molding and hot isostatic pressing applications. The main features of

such powders are high flowability, high density and high purity at controlled

production costs. These properties are attained by applying the patented RF

Plasma Technology, developed and perfected by Tekna over the last 30 years.

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

global 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/17847682/632/856/Download%20announcement%2

0as%20PDF.pdf