6K Additive has commenced trading on the Australian Securities Exchange under the ticker symbol 6KA.
Around 48m AUD has been raised with 6K Additive shares made available at 1 AUD per share. The news comes a week after the company secured a 27.4m USD financing package from the Export-Import Bank of the United States (EXIM).
As with those funds, 6K Additive will leverage the capital raised through its Initial Public Offering (IPO) to fuel the growth of its production capacity, as well as expand its facilities. The company is aiming to increase capacity from around 200 metric tons per year to 1,000 metric tons per year.
This ramp-up comes in response to the 'growing needs of 6K Additive customers' in the aerospace, defence, energy and industrial sectors. Currently, 6K says its sales pipeline has expanded to 240m USD as of the end of November 2025, marking a 10m USD increase in the past two months. 6K expects market demand for its products to grow significantly in the next 3-5 years, with its refractory, titanium and nickel powders of particular interest to customers.
According to 6K Additive, the expansion plan for its Burgettstown facility, including the addition of ingot melt capability, is fully funded. The company can also now invest in additional UniMelt plasma systems, downstream processing equipment, and pursue growth opportunities with key clients in the aforementioned markets. Additionally, last week's fundraising is said to provide 'flexibility for additional growth initiatives beyond the current expansion plan.'
As 6K Additive listed on the ASX, CEO Frank Roberts, CFO Jonathan Wolak, and Chairman David Seldin rang the opening bell in Sydney.
"The IPO and resulting capital fast-track the realisation of our vision and achieve the scale with attractive unit economics and unique material breadth required by customers in defence, aerospace, energy, and medical markets," said Roberts. "As a strategic supplier to the U.S. Department of War and its Tier-1 contractors, our products, production processes, and technology have been qualified in their supply chains, reinforcing these relationships. This growth enables a domestic supply of critical materials for applications such as hypersonics, nuclear fusion, medical implants, and rocket-engine development."
David Seldin, 6K Additive Chairman of the Board and Managing Partner of Anzu Partners, added: "As an institutional investor in 6K Additive from its inception, I witnessed this organisation grow to the leading domestic provider of metal powders and alloy additions. The breadth and quality of 6K Additive's products, the trusted relationship with the US Department of War and the dedicated employee talent, underscore the potential this organisation has in the coming 3-5 years."
At the Offer Price, 6K Additive has an initial market capitalisation of approximately 267m AUD and an enterprise value of approximately 206m AUD. 6K says the IPO attracted strong support from a range of new institutional, family office and sophisticated investors in Australia and overseas, together with existing shareholders.
