6K Additive Secures 30-Month Nickel 718 Powder Supply Agreement with ADDMAN Valued at US$8.1-US10.8 Million
6K Additive Inc. (ASX: 6KA) (“6K Additive” or the “Company”), a leader in production of high-performance metal powders based in Pennsylvania, and ADDMAN, a premier additive-enabled manufacturing company headquartered in Florida, today announced a 30-month long-term supply agreement (LTA, the “Agreement”) with a minimum value of US$8.1M and a maximum of US$10.8M over the contractual term. Under the terms of the agreement, 6K Additive will supply high-performance Nickel 718 alloy powders to support ADDMAN’s expanding production requirements for the aerospace, defense, and energy sectors. The framework provides opportunities for the companies to collaborate on additional business as demand develops, strengthening ADDMAN’s access to domestically produced powders and supplementing its supply chain.