Dividend Power Score
A single, comprehensive score designed to measure the true strength of a company’s dividend.
This score combines three essential pillars of dividend quality:
Consistency – Measures how reliable the dividend has been over time, focusing on payment history, stability, and the absence of cuts or suspensions.
Payability – Assesses the company’s financial ability to sustain its dividend, taking into account cash flow, earnings coverage, balance sheet strength, and overall financial health.
Growth – Evaluates the long-term growth of both the dividend and the company’s share price, highlighting businesses that consistently increase payouts while creating shareholder value.
Higher scores identify companies that have historically delivered dependable income alongside sustained dividend growth and long-term capital appreciation.
Company Overview
Titomic Limited is an Australian advanced manufacturing company specializing in industrial-scale metal additive manufacturing using its proprietary Titomic Kinetic Fusion® (TKF) cold spray technology. The company operates at the intersection of additive manufacturing, advanced materials, and industrial production, serving customers primarily in the aerospace, defense, space, energy, and industrial manufacturing sectors. Titomic’s core value proposition is enabling the production, repair, and coating of large-scale, high-performance metal components that are difficult or uneconomical to manufacture using traditional methods.
The company generates revenue through the sale of TKF additive manufacturing systems, contract manufacturing services, technology licensing, and research collaborations. Titomic positions itself uniquely by focusing on cold spray technology, which allows metals to be deposited without melting, preserving material properties and reducing residual stress. Founded in 2014 as a spin-out from Australia’s national science agency, the company has evolved from a research-focused enterprise into a commercial supplier targeting global industrial and defense customers.
Business Operations
Titomic’s operations are organized around its proprietary TKF technology platform, which underpins multiple commercial activities, including system sales, contract manufacturing, and component repair and coating services. The company operates through its primary business unit, Titomic Manufacturing, which provides large-format additive manufacturing and cold spray services for aerospace-grade and defense-certified applications. Revenue is also generated from the sale and customization of Titomic TKF Systems to industrial and government customers.
Operations are conducted across both domestic and international markets, with manufacturing and R&D facilities in Australia and the United States. Titomic controls its core intellectual property related to cold spray additive manufacturing and maintains strategic collaborations with defense contractors, research institutions, and industrial partners. The company has established subsidiaries, including Titomic USA, Inc., to support North American operations and customer engagement.
Strategic Position & Investments
Titomic’s strategic direction centers on scaling adoption of cold spray additive manufacturing in regulated, high-value industries where material performance and component size are critical. Growth initiatives include expanding defense and aerospace certifications, increasing penetration in the U.S. defense supply chain, and commercializing next-generation TKF systems capable of higher deposition rates and larger build volumes.
The company has pursued targeted investments and acquisitions to strengthen its technology base and market access, including the acquisition of Cold Spray Solutions, Inc., which enhanced Titomic’s U.S. footprint and cold spray service capabilities. Titomic is also actively involved in emerging applications such as hypersonics, space launch systems, and advanced armor materials, where cold spray technology offers performance and cost advantages over conventional manufacturing.
Geographic Footprint
Titomic is headquartered in Melbourne, Australia, with a significant operational presence in the United States, reflecting its strategic focus on North American aerospace and defense markets. The company maintains facilities in Victoria, Australia, and Tennessee, United States, supporting both production and customer demonstrations.
Beyond its core regions, Titomic engages with customers and partners across Europe, Asia-Pacific, and the Middle East through technology licensing, system sales, and collaborative research programs. While revenue remains concentrated in Australia and the U.S., international activities are a key component of the company’s long-term growth strategy and global market positioning.
Leadership & Governance
Titomic is led by an executive team with experience in advanced manufacturing, defense, and commercial scaling, guided by a strategy focused on industrialization, certification, and global expansion of its proprietary technology. The leadership emphasizes disciplined commercialization, partnerships with tier-one customers, and leveraging intellectual property to create long-term competitive advantage.
Key executives include:
- Herbert Koeck – Executive Chairman
- Doug Campbell – Managing Director & Chief Executive Officer
- Ben Rohde – Chief Financial Officer
- Richard Willmott – Chief Technology Officer
- Dean Scott – President, Titomic USA, Inc.