Norsk Titanium, a company manufacturing titanium components for aerospace and industrial applications using their proprietary Direct Metal Deposition (DMD) technology, and lightweight metal company Alcoa are launching a Joint Technology and Industrial Cooperation program.
The major industry partnership aims to identify and explore cooperation projects to leverage each other’s advanced manufacturing expertise and strong commercial capabilities focused on serving the fast-growing needs of aerospace, defense, energy, automotive and maritime customers.
Alcoa Titanium and Engineered Products, former RTI International Metals, became a strategic investor in and minority owner of Norsk Titanium in July 2015. Two months later the company invested $ 60 in the expansion of their R&D centre.
According to a case study by Norsk, Airbus could save approximately $ 2.3 per plane, reducing lead times, energy and waste by applying their DMD technology to manufacture titanium parts.
“Through this joint cooperation program, we will bring together Alcoa’s unmatched metallurgical know-how and deep aerospace industry relationships with Norsk Titanium’s 3D-printing technologies, to ultimately accelerate the introduction of advanced manufactured aerospace solutions,” said Eric Roegner, President of Alcoa Titanium and Engineered Products. “This program will further support our efforts to push beyond the limits of today’s additive manufacturing and meet fast-growing demand for 3D-printed aerospace parts.”
NTi President & Chief Executive Officer Warren M. Boley, Jr. on the Joint program: “We’re thrilled to deepen our relationship with Alcoa through this program, which is focused on advancing the global reach of our game-changing, 3D-printing Direct Metal Deposition technology. Through this cooperation program, we expect to build on our innovative technology capabilities by leveraging Alcoa’s in-depth understanding of lightweight metal components, increase our offerings for aerospace and other end markets, and support our goal of delivering near-net-shape titanium components finished with minimal machining.”