Carnegie Investment Bank is proud to have acted as Joint Bookrunner in connection with Norsk Titanium’s successful NOK 75 million private placement.
The private placement had strong support from existing shareholders and attracted interest from new investors.
Norsk Titanium is a global leader in metal 3D printing, innovating the future of metal manufacturing by enabling a paradigm shift to a clean and sustainable manufacturing process. With its proprietary Rapid Plasma Deposition® (RPD®) technology and 700 MT of production capacity, Norsk Titanium offers cost-efficient 3D printing of value-added metal parts to a large addressable market. RPD® technology uses significantly less raw material, energy, and time than traditional energy-intensive forming methods, presenting customers with an opportunity to better manage input costs, logistics, and environmental impact. RPD® printed parts are already flying on commercial aircraft, and Norsk Titanium has gained significant traction with large defense and industrial customers.
Carnegie congratulates John Andersen Jr., Michael Canario, Ashar A. Ashary, CFA, and the rest of the Norsk Titanium team with the successful transaction and we look forward to continuing our support of Norsk Titanium going forward.