Titomic names former space agency CTO as Asia-Pacific president

MELBOURNE - Titomic Limited (ASX:TTT), a $22.39 million market cap cold spray additive manufacturing technology company, has appointed Aude Vignelles as President of its Asia-Pacific Region, according to a press release. The company’s stock has shown strong momentum with a 22.77% return over the past year, despite broader market challenges.

Vignelles previously served as Chief Technology Officer of the Australian Space Agency, where she led the development of Australia’s Civil Space Strategy Technical Roadmaps and managed the agency’s national programs.

Her career began at the European Space Agency in the Netherlands, where she supported scientific missions including Rosetta and served as Test Manager for the X-ray Multi-Mirror Mission. She later held executive positions at ONdigital, Foxtel, Austar, and Technicolor APAC, and most recently worked as Executive Manager of Satellite & Fixed Wireless Operations at nbn, Australia’s national broadband network provider.

"Aude is a visionary technology leader with a rare blend of strategic insight, engineering depth, and cross-sector experience," said Jim Simpson, CEO and Managing Director of Titomic, in the statement.

The appointment comes as Titomic expands its Australian operations with increased investments in defense and aerospace through industry partnerships. According to InvestingPro analysis, the company currently shows weak financial health metrics, with challenges in gross profit margins and free cash flow yield that could impact its expansion plans. For deeper insights into Titomic’s financial health and growth potential, including over 30 additional financial metrics and expert analysis, consider exploring InvestingPro’s comprehensive company report.

Vignelles, who will be based in Melbourne, stated that the company’s Cold Spray Additive Manufacturing technology "has tremendous potential to revolutionize how we manufacture, repair, and sustain high-performance parts in critical industries."

Titomic specializes in Titomic Kinetic Fusion, a manufacturing technology used in aerospace, defense, and energy markets across the Asia-Pacific region. With its current financial health score of 0.35, investors seeking detailed analysis of the company’s market position and growth prospects can access additional insights through InvestingPro.

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