EADS signed a cooperation agreement with Norsk Titanium Components (NTiC) covering the development of near-net-shape, plasma-based layer manufacturing technologies for aerospace, defense, and space applications. NTiC has developed a near-net-shape additive layer manufacturing technology that enables the production of high-quality titanium components at a competitive cost. This process transforms inexpensive titanium feedstock into advanced components that are up to 90% finished in just three processing steps. It is said to significantly reduce the amount of raw material that has to be machined away to make complex parts. The agreement is a key step for NTiC to become a significant supplier to the aerospace and defense markets for titanium components. NTiC will cooperate with EADS Innovation Works as well as EADS divisions such as Airbus and EADS Astrium.