Velta LLC, a leading Ukrainian company in the titanium sector, announced the successful testing of its innovative Velta Ti Process powder for Metal Injection Molding (MIM) applications. The results were presented at the 7th International Conference on Powder Metallurgy and Additive Manufacturing of Titanium (PMTi2024) in Madrid. Ukrainian powder was assessed by Europe’s independent research institute, and tested in final product manufacturing by PolyMiM, a prominent German company.
The testing confirmed the suitability of Velta’s titanium powder for producing final titanium products using MIM technology. This breakthrough represents a significant advancement in manufacturing capabilities through Velta Ti Process as a cutting-edge, zero-waste, and low-to-zero carbon method for obtaining titanium metal powder.
“Velta is evolving in sync with market demands,” said Artem Yarovinsky, Velta’s Chief Business Development Officer. “We are meeting the rising demand for sustainability, increased titanium powder usage, and the development of titanium alloys, ensuring we offer a reliable titanium solution. The conference also gave us a great opportunity to establish collaborations with companies interested in further practical testing of Velta’s titanium powder for manufacturing final products.”
At the conference, it was announced that the additive manufacturing (AM) market reached $20 billion in 2023, having grown twentyfold over the past decade and 14% annually over the last four years. With global markets expanding, China is projected to grow twice as fast as Europe over the next five years. These trends highlight the increasing need for advanced, cost-effective, and sustainable solutions in titanium manufacturing, perfectly aligning with Velta’s innovative approach.