Norsk Titanium Postpones Break-Even Point Amid OEM Transition Slowdown

Published: Aug 22, 2025 18:19

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[Norsk Titanium Postpones Break-Even Point] Norsk Titanium, a Norwegian additive manufacturer, has postponed its expected break-even point due to the slower transition of original equipment manufacturers (OEMs) from titanium forgings to directed energy deposition (DED) titanium parts. The company reported that revenue for the first half of this year was up 54% YoY to $2 million, but operating expenses surged from $13.4 million in the same period last year to $17.2 million. This increase was due to the expansion of capacity and preparations for volume production in anticipation of order growth. Due to this cash burn and the slowdown in the transition of commercial aviation components, the company has pushed back its expected break-even point to early 2027. Based on firm contracts and advanced business discussions, the company expects to achieve a revenue target of $70 million in 2026, with aerospace and defense and industrial sectors each accounting for about 50%. The company continues to deliver contracted parts to European OEM Airbus and has certified two additional machines to enhance production readiness. It is expected to secure a third production contract with Airbus in H2. In H1, the company had 54 parts in the volume production phase, an increase from 26 in the same period last year. After receiving an order for high-temperature titanium parts from the US Department of Energy, the number of parts in volume production has now increased to 56. During H1, the company cont

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