John Andersen
Good morning, everybody. My title is John Andersen. I am the Chairman of the Board of Norsk Titanium, and welcome to this third quarter operational replace. I do know that you’re all keen to listen to from our new CEO, Fabrizio Ponte. However since Fabrizio joined us solely 4 weeks in the past on October 6, we thought it was acceptable that I make some introduction on our efficiency within the third quarter earlier than leaving the ground to him. We even have on-line our CFO, Ashar Ashary. Ashar is sadly unable to journey as a result of a again harm, however he’ll be capable of take part within the Q&A session.
So only a fast reminder of our place within the additive manufacturing house. Norsk Titanium has a proprietary expertise validated by the OEMs with giant put in capability. That is our start line. We now have a big worth proposition, and we do have manufacturing capability put in and able to serve our clients. We function in what we’d describe as a big market. As of at this time, we estimate the addressable market to be at USD 7 billion. Now you would possibly argue that, that is fairly a bit to work with in itself. However clearly, this market will proceed to develop over time for two causes.
To begin with, we see rising construct charge in our core markets, firstly, aerospace, protection, after which alternatively, we proceed to increase on our capabilities, so we will serve a rising proportion of the market as we proceed to increase on these capabilities, each partly measurement and into new metals. And eventually, we’ve a longtime buyer base. We now have body agreements with the main OEMs. And
