Norsk Titanium

Carnegie Investment Bank is proud to have acted as Sole Global Coordinator and Joint Bookrunner in connection with the NOK 275 million private placement in Norsk Titanium. The private placement was upsized on the back of strong interest from new quality investors and support from existing shareholders.

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. The company has gained significant traction with large defense and industrial customers and in April 2024 Norsk Titanium signed a long-term master supply agreement with Airbus and an agreement with Boeing for serial production, both agreements representing big steps forward towards realizing the company’s ambitions in the aerospace market.

With the conclusion of this private placement and assuming the exercise of the warrants in full, the Company expects to fully fund its business plan to achieve 2026 revenues of USD 150m and EBITDA margins of 30%.

Carnegie congratulates Norsk Titanium with another successful transaction and look forward to continuing our support going forward.