Titomic & Néos to Manufacture Invar36 Faceplates in the UK
Titomic has signed a Heads of Agreement with Neos International
Limited to form a joint venture in the United Kingdom which will
manufacture and sell Invar 36 Faceplates and multi-metal product
solutions for the Aerospace, Defence, Automotive and Nuclear
industries. The products will be manufactured using Titomic’s
Kinetic Fusion (TKF) Technology and Neos’ specialist engineering
and tooling expertise.
The Neos Titomic joint venture will enhance the rapid delivery
of Invar and Nickel Shell Tooling and related products to the
Aerospace and other vital sectors. The rapid delivery of TKF
manufactured tools will assist in the uptake of next generation
carbon fibre composite technologies, critical for the production of
lightweight fuel-efficient aircraft and equipment to support the
UK’s Aircraft and Space Industries.
This joint venture will ensure the high-rate production of mould
tools, nickel tools and Defence solutions across the UK supply
chain, supporting the UK’s position on next-generation
Aircraft manufacturers routinely experience extremely long lead
times for tooling required to manufacture carbon fibre parts,
caused by limitations of cast and wrought manufacturing. To assist
industry in meeting this demand, Titomic has undertaken two years
of extensive R&D to validate TKF manufacturing for tooling.
This work has culminated in an effective manufacturing process and
a commercial relationship with Neos to bring the technology to the
Traditionally, Invar tooling is manufactured by machining
billets or casting, which results in up to 90% material wastage or
porous tools, respectively. The TKF process addresses these
challenges by manufacturing near-net-shape faceplates requiring
only 10-20% of material to be machined away to create a finished
faceplate in a substantially shorter time. With only 0.5% porosity,
these tools exceed all vacuum leak testing standards for aerospace
carbon fibre moulding.
With these benefits, clients reduce costs, lead times, and waste
thus improving overall productivity.
This joint venture highlights Titomic’s growth strategies,
ensuring that the TKF technology adds value and capability to
industries around the world.
About NÉOS International
NÉOS International Limited is a UK headquartered engineering
group, supporting many of the world’s leading OEM’s by providing
innovative solutions from multiple technology centre’s within the
UK, Portugal and India. Please visit: www.neosintl.com
About TITOMIC Limited:
For more information please visit: www.titomic.com .
version on businesswire.com: https://www.businesswire.com/news/home/20210412005033/en/
Dominic Parsonson Titomic Limited Email: email@example.com Phone:
+61 (0)484 621 756