Norsk Titanium posts investor presentation highlighting H1 revenue growth, lower cash burn and Airbus RPD machine rollout
Reuters2026/08/19 05:50Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Norsk Titanium posted 1H 2026 revenue and other income of USD 2.9 million, up 38% year over year.
- EBITDA loss narrowed to USD 12.1 million from USD 15.1 million; operating expenses fell to USD 15 million from USD 17.2 million.
- Cash balance was USD 19.6 million at June 30; pro forma cash was about USD 35 million including private placement proceeds.
- First serial production contract signed with Northrop Grumman; Airbus industrialization work expanded, including a first RPD machine deployment targeted for commissioning in Q3 2026.
- Hittech semiconductor work included a USD 1.5 million purchase order through Q1 2027; 2027 annual semiconductor revenue forecast exceeded USD 2.8 million.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Norsk Titanium AS published the original content used to generate this news brief on August 19, 2026, and is solely responsible for the information contained therein.
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