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MPW Doubles Powder Revenue and Secures First NATO Defence Contract

9:48am on Wednesday 22nd of April, 2026 AEST Materials
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MPW Doubles Powder Revenue and Secures First NATO Defence Contract

9:48am on Wednesday 22nd of April, 2026 AEST
Key Points
  • Powder revenue almost doubled quarter-on-quarter with ~50% gross margins
  • First NATO defence contract awarded via UK Ministry of Defence’s Project TAMPA
  • Sales organisation restructured into Additive Manufacturing, Powder Metallurgy, and Defence segments
  • Next Gen #1 powder system on track, producing first powder and ramping to 100 MT capacity
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