Titomic Limited announces restructure to save A$3 million annually

Titomic Limited, a global advanced manufacturing firm specializing in Titomic Kinetic Fusion™ cold spray technology, has announced a strategic restructure aimed at achieving A$3.0 million in annualised cost savings.

The realignment involves changes to operations in Australia and the United States, alongside a reduction in consultant spending across its Australian, US, and European footprints. In Australia, the company will refocus sales, marketing, and production support staff, while pivoting the Australian business to serve as its global research and development centre of excellence.

In the United States, the company plans to streamline select non-program related roles. The implementation process is expected to conclude by the end of October 2026, with estimated costs of A$0.6 million for redundancy and notice payments. Executive Chair Dag Stromme stated the changes are intended to demonstrate disciplined cost management and position the company to achieve cash flow break-even during 2027.