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Norsk Titanium (NTI) investor relations material

Norsk Titanium Q3 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2025 earnings summary6 Nov, 2025

Executive summary

  • Fabrizio Ponte appointed as new CEO, emphasizing commercial execution, operational readiness, and financial discipline, and bringing extensive global industrial experience.

  • Proprietary additive manufacturing technology validated by OEMs, with installed capacity and a $7 billion addressable market, primarily in aerospace and defense.

  • Advanced discussions for a third production order with Airbus and strong momentum in defense, including selection by ICAM for a major U.S. DoD development program.

  • Added two new industrial parts in Q3, expanding into energy and semiconductor markets, and focused on scaling operations and diversifying the customer base.

  • Ongoing framework agreements with leading OEMs and expanded sales organization to support growth initiatives.

Financial highlights

  • $22 million raised through private placement and repair issue in Q3, extending financial runway and strengthening the balance sheet.

  • Q3 revenue was $0.63 million; year-to-date revenue reached $2.61 million.

  • Cash burn rate reduced from $2.9 million to $2.4 million, with a target to reach $2 million.

  • Ended September with $22.6 million in cash, excluding net proceeds from the repair offering.

Outlook and guidance

  • No specific revenue targets or guidance provided for next year or three years out; guidance approach under review.

  • Revenues expected to remain modest in Q4 due to delayed aerospace scaling and lower semiconductor production rates.

  • Focus on reducing cash burn, setting clear, achievable targets for 2024, and accelerating commercialization and profitable growth under new leadership.

  • Entering 2026 with improved financial flexibility, efficient production, and a clear plan for profitable growth.

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Frequently asked questions

Norsk Titanium AS is a manufacturing company that specializes in producing complex titanium components using its proprietary Rapid Plasma Deposition (RPD) technology. This advanced 3D printing process transforms titanium wire into high-strength, aerospace-grade parts, primarily serving industries such as aerospace, defense, and automotive. RPD technology is designed to reduce material waste, lower costs, and accelerate production timelines compared to traditional manufacturing methods. Norsk Titanium's solutions have been integrated into commercial aircraft, including the Boeing 787. The company operates from its headquarters in Hønefoss, Norway, and also has a production facility in Plattsburgh, New York. Norsk Titanium is publicly listed on the Oslo Stock Exchange.

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