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KTG, K-TIG LIMITED
nipper
post Posted: Feb 20 2021, 11:44 AM
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K-TIG Ltd (KTG) is a transformative, industry disrupting welding technology that seeks to change the economics of fabrication. K-TIG’s high speed precision technology welds up to 100 times faster than traditional TIG welding, achieving full penetration in a single pass in materials up to 16mm in thickness and typically operates at twice the speed of plasma welding.
K-TIG works across a wide range of applications and is particularly well suited to corrosion resistant materials such as stainless steel, nickel alloys, titanium alloys and most exotic materials. It easily handles longitudinal and circumferential welds on pipes, spooling, vessels, tanks and other materials in a single pass. Originally developed by the CSIRO, K-TIG owns all rights, title and interest in and to the proprietary and patented technology and has been awarded Australian Industrial Product of the Year and the DTC Defence Industry Award.


With a market cap of $60M, KTG has been ASX listed since Oct 2019. Revenues are low (under $1/2 mill, and has about $6M in cash).
Has made a recent Ann
QUOTE
K-TIG set to enter the global carbon steel market significantly growing its addressable market
K-TIG Limited successfully welds high strength carbon steel

It has identified the carbon steel vessel market $USD 43 billion and the carbon pipe market $USD 60 billion as its natural entry points.
▪ K-TIG successfully develops welding procedures for A516 Grade 70 Carbon Steel - one of the world’s most in-demand high strength, low alloy materials.
▪ K-TIG will now accelerate efforts to develop welding procedures for more types of carbon steel.





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