Velta plans fully integrated titanium operation with production of titanium medical implants
October 25, 2023
Velta LLC, located in Dnipro, Ukraine, plans to start commercial production and distribution of finished titanium medical implants by the end of the year. The implants will be additively manufactured and made using Velta’s titanium powder, resulting in a fully integrated commercial operation encompassing titanium ore mining, powder processing, and part manufacturing.
“This enormous milestone is the result of many years of intensive work behind the scenes to scale our powder technology at a pace that the global titanium market demands,” Velta CEO Andriy Brodsky stated. “By bringing these titanium medical implants to market, we’ve proven our concept and are eager to stake out our position as the first and leading integrated titanium operation.”
In 2017, Velta launched a research and development centre with the aim of innovating a new method for producing titanium powder as an alternative to titanium sponge. This patented approach to titanium powder is significantly faster and more environmentally responsible than existing titanium sponge. As a result, the company has successfully scaled up semi-industrial production of metallic titanium powder at its R&D Centre in Dnipro.
Additionally, Velta has established two new divisions to enhance its vertical integration efforts and strengthen its market position. These divisions are Velta Additive Technology, which specialises in producing finished titanium products using Additive Manufacturing techniques, and Velta Medical, which focuses on manufacturing custom titanium medical implants in Ukraine.
As the company continues to expand its commercial and R&D operations in Ukraine, it is currently undergoing a thorough site selection process to establish a state-of-the-art titanium powder production facility in the United States. Last month, Velta announced its partnership with global engineering consultancy Hatch to develop the new facility, which will initially have an annual production capacity of 1,000 tonnes of titanium powder.
