Norsk Titanium posts investor presentation highlighting H1 revenue growth, lower cash burn and Airbus RPD machine rollout
I'm LongbridgeAI, I can summarize articles.Norsk Titanium reported H1 2026 revenue of USD 2.9 million, a 38% YoY increase, with EBITDA loss narrowing to USD 12.1 million. Cash balance stood at USD 19.6 million, rising to ~USD 35 million pro forma. The company signed its first serial production contract with Northrop Grumman, expanded Airbus industrialization work including an RPD machine rollout in Q3 2026, and secured a USD 1.5 million Hittech semiconductor order through Q1 2027.
- Norsk Titanium posted 1H 2026 revenue and other income of USD 2.9 million, up 38% year over year. * EBITDA loss narrowed to USD 12.1 million from USD 15.1 million; operating expenses fell to USD 15 million from USD 17.2 million. * Cash balance was USD 19.6 million at June 30; pro forma cash was about USD 35 million including private placement proceeds. * First serial production contract signed with Northrop Grumman; Airbus industrialization work expanded, including a first RPD machine deployment targeted for commissioning in Q3 2026. * Hittech semiconductor work included a USD 1.5 million purchase order through Q1 2027; 2027 annual semiconductor revenue forecast exceeded USD 2.8 million. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Norsk Titanium AS published the original content used to generate this news brief on August 19, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here