Executive Chairman, Titomic
| Role | Organisation | Sources |
|---|---|---|
| Executive Chairman | Titomic | Dealroom, @AuManufacturing (20 Oct 2024), @AuManufacturing (14 Oct 2024) |
Stories naming Dag W.R. Stromme. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Cold spray manufacturer Titomic has locked in A$16.5 million via a share placement, funding expansion at its Alabama plant and a planned shift of corporate domicile to the United States.
Weekly roundup of five popular stories: a Victorian hydrogen plant groundbreaking, Titomic's CEO change and $30 million raise, a defence laser contract, a WA shipbuilding precinct, and Civmec's framework to take over Luerssen Australia.
Also @AuManufacturing
Titomic is handing its top job to aerospace veteran Jim Simpson: the incumbent CEO leaves at year's end, the chairman goes executive, and brokers are reportedly lining up investors for a raise.