Plattsburgh New York, July 8, 2025 - Norsk Titanium (Euronext: NTI, OTCQX:
NORSF), a global leader in additive manufacturing for aerospace-grade structural
titanium components using its patented Rapid Plasma Deposition® (RPD®)
technology, has signed contracts with two new customers in the Industrial and
Defense segments that will generate revenue in the second half of the year.
  
Within the Industrial segment, the company has received a production order for
Titanium parts used in high-temperature applications from an undisclosed United
States Government contractor. These parts will be used on specialized equipment
for the Department of Energy. Norsk Titanium expects to fulfill the initial
order this year and expects recurring follow-on orders for part replacements in
the years to come.

Separately, Norsk Titanium has received a purchase order from an undisclosed
United States Government Department of Defense contractor for the production of
prototype defense articles. The order follows a successful audit by the
contractor of Norsk Titanium's production process site and the Plattsburgh
Development and Qualification Center. 

"These contracts are the result of our strategy and dedicated efforts to broaden
our customer portfolio in the Industrial and Defense sectors. These customers
find the lead times of traditional casting vendors unacceptably long and
recognize that our RPD® technology offers significant savings in terms of time,
energy, and material," said CEO Carl Johnson of Norsk Titanium. "We see sizeable
market opportunities in both segments, adding to our main market in aerospace,"
Johnson added.

Within the commercial aerospace industry, Norsk Titanium previously entered a
Master Supply Agreement with Airbus and continues recurring deliveries. Norsk
Titanium also continues to deliver recurring production parts for Boeing
commercial aircraft.
   
For more information, please contact:

Carl Johnson, CEO Norsk Titanium AS
Email: carl.johnson@norsktitanium.com Tel: +1 518 324 4010

Boyd Adams, CCO Norsk Titanium AS
Email: boyd.adams@norsktitanium.com Tel: +1 518 324 4010



About Norsk Titanium

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 installed production capacity to generate annual revenues of
approximately USD 300 million, 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.

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