Jane Morgan
So good morning, and welcome to the Amaero Investor Webinar. I’m Jane Morgan, Investor and Media Relations Manager, and today, I am joined by our Chairman and CEO, Hank Holland. Today’s webinar will be a company update followed by a Q&A session.
[Operator Instructions] I’ll hand over to you, Hank, for some opening remarks.
Hank Holland
Executive Chairman & CEO
Great. Thank you very much, Jane. Thank you, everyone, for joining. Very pleased to join Investors Day for a brief webinar after we announced yesterday a 5-year exclusive supply agreement with Titomic for spherical refractory and titanium alloy powders, very much following our strategy to align with key partners in verticals across advanced manufacturing.
As you think back a little bit over a year ago, the first such long-term agreement was with ADDMAN or Castheon, the undisputed leader — technical leader for printing C103 and refractory alloys.
More recently, we announced a long-term agreement, again, exclusive, with Velo3D, the only made in U.S.A. metal 3D printing equipment OEM and very important to the U.S. government and the DoD for that reason. And now, as I mentioned, very grateful to announce the alignment with Titomic.
It will be an exclusive supply agreement. Also importantly, it will be a development collaboration. We’ll touch on, I’m sure, in a bit here. Much of what Titomic has done in the past is on the repair and maintenance side. It’s actually what cold spray has been most widely used for.
And as it relates to repair and maintenance, one of the nice things about cold spray is they can use angular or less expensive powders, less processed, less refined powders, if you will, than spherical powder, particularly