Last week, Australian metal additive manufacturing company Titomic announced the retirement of its Chairman, Philip Vafiadis. The company’s founder, Jeff Lang, was appointed as Interim Executive Chairman, but it seems his temporary tenure won’t last long. Titomic has already appointed its next Chairman: Dr. Andreas Schwer, a specialist in the global defense industry.
Dr. Schwer, who is Titomic Chairman effective immediately, has 25 years of experience in the global defense, manufacturing and aerospace industries. He was the inaugural CEO of Saudi Arabian Military Industries (SAMI), a young company (founded in 2017), which grew to become a multi-billion-dollar company in 2020. Prior to leading SAMI, Dr. Schwer served as Chairman and President at Rheinmetall International – Rheinmetall AG, as well as CEO of Combat Systems, Executive Board Member of Rheinmetall Defence, and executive roles at Airbus’ Defence & Space and Helicopter divisions.
“I am honoured to accept the role of Chairman at Titomic and look forward to leading the Company to capitalise on its considerable opportunities and further add shareholder value,” said Dr. Schwer. “I believe Titomic’s industrial scale metal additive manufacturing and sustainable, green technology has tremendous commercial potential to take metal manufacturing industries into the future.”
Jeff Lang, added: “Andreas’ extensive professional experience in the global defence and aerospace sectors facilitates strong opportunities for Titomic to become a dominant player in the $4 trillion metals manufacturing industry for a green-tech future.”
Dr. Schwer is not the only newcomer to Titomic: the company last week appointed two new members to its Board of Directors: Dag W.R. Stromme and Humphrey Nolan. Also recently, Titomic announced a series of partnerships, including with Airbus to deliver a series of 3D printed demonstrator components, as well as with U.S. defense company Triton and aerospace tooling leader Ascent. The company’s Titomic Kinetic Fusion technology is well suited to applications in the aerospace and defense industries.