Norsk Titanium

Norsk Titanium reports for H1 2026 an increase in revenue and other income to USD 2.9m (+38%) with operating expenses falling from USD 17.2m to USD 15.0m. Series-production revenues rose to USD 1.1m (+29%) and development revenue to USD 1.7m (+50%); the EBITDA loss narrowed to USD 12.1m. Monthly cash burn fell to USD 2.1m and the company closed the first tranche of a private placement of USD 19.6m, but stresses that financing to reach break-even is not fully secured. Management targets breakeven at 25% utilization by 2028 and an EBITDA margin of 30% by 2030; growth drivers are Airbus, Boeing and defense programs. » More on de.investing.com

Norsk Titanium reports progress in financial restructuring and commercial execution for Q3 2025 under new CEO Fabrizio Ponte: the company raised $22m of equity, reduced monthly cash burn from $2.9m to $2.4m and targets about $2m. YTD revenue stands at $2.6m, 56 parts are in serial production, and talks with Airbus as well as deliveries to Boeing continue. The RPD® technology is gaining traction through a U.S. defense program (ICAM) and diversification into defense, energy and semiconductors, while near-term revenues remain moderate due to ongoing qualifications. » More on de.investing.com

Norsk Titanium posted a 54% revenue increase in Q2 2025 to $2 million, but reported an EBITDA loss of $15 million and its shares fell 7.86% after the release. The company reduced cash reserves to $12 million, pushed its $150 million revenue target out to 2028 and plans a $15 million capital raise in Q3 2025. Cash-flow break-even is now expected only in early 2027, and management continues to stress the first-mover advantage in additive titanium manufacturing. » More on de.investing.com