Metal 3D printing pioneer Norsk Titanium AS has entered into a strategic, long-term supply chain services agreement with Precision Holdings, a Connecticut-based portfolio company. The partnership will further support the worldwide production and distribution of Norsks patented Rapid Plasma Deposition metal additive manufacturing technology, designed to produce aerospace-grade titanium components.
Norsk Titanium has become a leading provider of aerospace 3D printing technology, and has developed two proprietary processes in this rapidly growing field. Using its patented Direct Metal Deposition (DMD) and plasma arc Rapid Plasma Deposition (RPD) additive manufacturing technologies, Norsk can transform titanium wire into complex components at 50-70 percent less cost and with 75 percent reduced time to market than comparable technologies.
Under the terms of the strategic partnership, Precision Holdings will provide support in the form of customer service development in the US. With more than 300,000 sq. ft. of manufacturing space in Windsor, Connecticut, Precision Holdings has the capacity to produce a full range of rapid prototypes and full-scale industrial components, from large industrial gas turbines to small, highly complex 3D printed parts.