Norsk Titanium announced recurring production in the semiconductor market with partner Hittech Group in the Netherlands. Hittech Bihca B.V. has agreed to award Norsk Titanium a two-year supply arrangement for silicon wafer carrier trays used in end customer ASML's semiconductor chipmaking equipment. Norsk Titanium will utilize its industrial scale production facility located in Plattsburgh New York to manufacture the parts on a serial production order from Hittech.

Each near-net-shape print requires significantly less machining, improving the cost and lead time for final delivery to ASML. Concurrent with the planned production deliveries, Norsk Titanium has agreed to implement a cost reduction program that will, over time, provide further value to the end customer as volume continues to grow.