Tekna Holding ASA

Regulatory Filings • Jun 8, 2023

Tekna collaborates with TriTech to Enable revolutionizing Titanium Part Production

Tekna collaborates with TriTech to Enable revolutionizing Titanium Part Production

8.6.2023 07:30:01 CEST | Tekna Holding ASA | Non-regulatory press releases

[Detroit, MI, Sherbrooke, QC, Canada] - Tekna (OSE: TEKNA), a world-leading

provider of advanced materials to industry, is pleased to announce its

collaboration with TriTech Titanium Parts, a pioneering additive manufacturing

company. Tekna provides titanium powder designed for the production of

high-quality parts using binder jet 3D printing technology, namely the P1

platform developed by the company Desktop Metal. TriTech is the very first

company using titanium powders in production for binder jetting applications

which has the potential for large volume manufacturing.

"We are delighted to work with Tekna," said Robert Swenson, CEO of TriTech

Titanium Parts. "Their plasma atomized titanium powder, known for its

exceptional quality, significantly enhances our capabilities in binder jet 3D

printing. It enables us to offer our clients the benefits of this groundbreaking

technology, reduces manufacturing lead times, and enhances performance in

critical applications."

Binder jet 3D printing has revolutionized the manufacturing industry, allowing

to produce complex, lightweight, and durable parts with exceptional precision.

This technology promises to unlock new possibilities in the production of

titanium components for a wide range of industries, including aerospace,

automotive, consumer goods, and medical.

Tekna supplies TriTech with state-of-the-art titanium powder, fulfilling both

aerospace AS9100 and medical ISO 13485 standards, designed to achieve

exceptional part quality and mechanical properties. By utilizing Tekna's

industrial-grade titanium powder, TriTech unlocks the full potential of binder

jet 3D printing, providing clients with customized, lightweight, and

high-strength titanium parts that surpass traditional manufacturing limitations.

"I want to congratulate TriTech and Desktop Metal for their leadership in

achieving this historical milestone. By combining our expertise, we aim to

accelerate the adoption of binder jet 3D printing and open new design

possibilities for titanium components across all industries," said Luc Dionne,

CEO of Tekna.

The Desktop Metal P1 platform using Tekna's titanium powder at TriTech can be

seen in the following link: Watch this video -

https://www.youtube.com/watch?v=56ZuYFVSMyY. Both companies wish to thank

Desktop Metal for making possible the use of titanium powders in binder jetting

applications.

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

ABOUT TEKNA HOLDING ASA

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. Tekna's powder products increase productivity

and enable more efficient use of materials, thereby paving the way towards a

more resilient supply chain and circular economy.

https://www.tekna.com

ABOUT TRITECH TITANIUM PARTS

TriTech is an experienced manufacturer of titanium parts for the commercial and

industrial markets, including aerospace, marine, medical, and automotive. The

company prides itself on uniquely offering three production methods - investment

casting, metal injection molding (MIM), and binder jet 3D printing.

https://tritechtitanium.com/

ATTACHMENTS

Download announcement as PDF.pdf -

https://kommunikasjon.ntb.no/ir-files/17847682/2419/3358/Download%20announcement

%20as%20PDF.pdf