Titomic plans US redomicile as defence market focus grows Proactive uses images sourced from Shutterstock

Titomic Ltd (ASX:TTT, OTC:TITMF, FRA:T04) plans to redomicile its corporate structure to the United States as the advanced manufacturing company expands its exposure to the American defence and aerospace sectors.

The board has approved planning activities to move the company’s domicile from Australia to the US, where Titomic has been increasing its presence within the defence industrial base.

Under the proposal, Titomic intends to establish a US-based holding company that will become the new parent entity of the group. Existing shareholders would retain an equivalent proportional economic interest in the new holding company through Chess Depositary Instruments, subject to any ineligible foreign ownership provisions.

The company said its global operations, management team and strategic direction would remain unchanged.

Titomic has recently begun engagements with Tier-1 contractors supporting US Department of Defense programs, with further opportunities expected. Many of these programs involve activities subject to International Traffic in Arms Regulations (ITAR) export controls.

A US-domiciled parent company would allow TTT's board and leadership to more effectively participate in these programs and support the expansion of its defence manufacturing activities.

The redomicile is expected to be implemented via a Scheme of Arrangement, subject to shareholder approval and approval from the Federal Court of Australia, with completion targeted for the second half of 2026.

Executive chairman Dag W.R. Strømme said the move would better align the company’s structure with its operations.

“Titomic will always be an Australian success story at its core,” he said.

“The United States is the centre of the global defence and advanced manufacturing ecosystem, and aligning our corporate structure with our operational footprint strengthens our ability to execute our growth strategy.”

Chief executive officer and managing director Jim Simpson said the company’s expansion was increasingly tied to US defence and industrial markets.

“Re-domiciling the company positions Titomic to participate in the modernisation of the US defence industrial base while scaling our advanced manufacturing capabilities globally,” he said.

Titomic appoints former US Missile Defense Agency director to board

Titomic has appointed retired US Air Force lieutenant general Henry “Trey” Obering as an independent non-executive director, effective March 11, 2026.

Obering brings more than 35 years of experience in missile defence, space systems and national security program acquisition.

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He previously served as director of the US Missile Defense Agency (MDA), where he oversaw development and deployment of the United States’ ballistic missile defence system and managed a defence portfolio worth about US$10 billion annually.

Earlier in his career he served as mission area director for information dominance on the US Air Force staff, overseeing 68 joint, Air Force and international programs with a combined budget of about US$28 billion.

Obering has been a member of Titomic’s US Strategic Advisory Board since January 2025 and will continue in that role alongside his board appointment.

Executive chairman Dag W.R. Strømme said Obering’s experience would support the company’s growing engagement with the US defence sector.

Obering said advanced manufacturing technologies could strengthen defence supply chains.

“I look forward to working with the leadership team as Titomic expands its role supporting national security and industrial base resilience,” he said.

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