Tekna receives major order from leading aerospace OEM
(Arendal, 31 October 2022) Arendals Fossekompani portfolio company Tekna
receives PlasmaSonic wind tunnel order from a leading aerospace OEM for
hypersonic flight research.

Tekna Holding ASA (Tekna, OSE: TEKNA), a world-leading provider of induction
plasma technology and advanced manufacturing materials, has received an order in
excess of $9M CAD for a PlasmaSonic wind tunnel testing facility. Tekna's
PlasmaSonic solutions are key to advancing the development of new thermal
protection materials required for hypersonic flight and orbital re-entry
vehicles.

"This is the third PlasmaSonic order within the past two years, confirming the
growing interest for hypersonic and space travel and the rebound in the systems
market. The equipment will be delivered in early 2024 and is a central piece to
the customer's hypersonic wind tunnel ground testing infrastructure," said Luc
Dionne, CEO of Tekna Holding ASA.

Tekna has been a portfolio company of Arendals Fossekompani since 2014.

"By securing this order, Tekna demonstrates the ability to provide cutting-edge
technology to some of the most demanding customers in the universe," says Ørjan
Svanevik, CEO of Arendals Fossekompani.

Tekna regularly supports the largest research laboratories and original
equipment manufacturers (OEMs) worldwide to accelerate materials development and
push the limits of hypersonic flights for aerospace and defense applications.
The company has identified a potential CAD 220 million market of similar
hypersonic wind tunnel material testing facilities.

"Hypersonic speed travel and atmospheric re-entry of space vehicles require
overcoming high temperatures and pressures generated by the friction of gases
that causes wear and tear on spacecraft heat shields. Tekna's Plasmasonic
portfolio includes an array of automated induction plasma wind tunnels, with
built-in instrumentation and robotics that are designed to replicate for hours
high altitude (around 70 km) and high velocity (up to Mach 25) faced by a
spacecraft during its re-entry into the atmosphere," said Romain Vert, Director
for Global Systems Sales of Tekna Plasma Systems Inc.
	
This PlasmaSonic order will be booked as order intake in the Systems segment in
the fourth quarter of 2022.



ABOUT TEKNA HOLDING ASA | www.tekna.com
Tekna is a world-leading provider of advanced materials to industry,
headquartered in Sherbrooke, Canada. Tekna produces high-purity metal powders
for applications such as 3D printing in the aerospace, medical and automotive
sectors, as well as optimized induction plasma systems for industrial research
and production. With its unique, IP-protected plasma technology, the company is
well positioned in the growing market for advanced nanomaterials within the
electronics and batteries industries. Building on 30 years of delivering
excellence, Tekna is a global player recognized for its quality products and its
commitment to its large base of multinational blue-chip customers.

About Tekna's PlasmaSonic products
Tekna PlasmaSonic products are high enthalpy ground testing facilities used in
experimental investigations of heat shield materials and thermal protection
systems (TPS). The main purpose of this equipment is to reproduce the severe
conditions of an object travelling at high velocity or during its re-entry into
the atmosphere. A material sample can be tested under high enthalpy, high
velocity, and high heat flux. Tekna manufactures integrated systems using three
main plasma technologies specific to high enthalpy material testing facilities
(Induction Plasma Heater, Huels Plasma Heater, Segmented Plasma Heater) and
offers a high level of process integration and instrumentation.

More about Plasmasonic: 
www.youtube.com/watch?v=IBuWToKwyCM&t=6s&ab_channel=Tekna


About Arendals Fossekompani | www.arendalsfossekompani.no
Arendals Fossekompani is a long-term investment company that owns energy- and
technology-related companies which enable the transition to energy security and
next generation industrial technologies. Arendals Fossekompani operates globally
in a number of future-oriented industries, including 3D printing, wireless
charging, algo trading, satellite services, battery- and solar technology,
software, and digitization. Established in 1896, Arendals Fossekompani has been
a proud producer of renewable hydro power for more than 100 years. The company
is headquartered in Arendal, Norway and listed at the Oslo Stock Exchange.