ASX ANNOUNCEMENT | ASX: 6KA
April 28, 2026

Q1 2026 QUARTERLY ACTIVITIES REPORT

6K Additive, Inc. (ASX: 6KA) (6K Additive or the Company) is pleased to release its Appendix 4C and quarterly activities report for the period ended 31 March 2026.

Highlights
• Revenue: Quarterly net sales of US$6.2M for Q1 2026, an 88% increase on Q1 2025 and 10% on Q4 2025. Annualized run rate accelerated to ~US$25M from ~US$22M in Q4 2025 driven by strong demand from new and existing customers.
• Cash Balance: Ended the quarter with a net cash balance of US$26.0M.
• Customer Receipts: US$6.6M for Q1 2026, up 74% on Q1 2025 and 69% on Q4 2025 reflecting higher sales volumes.
• Product Manufacturing and Operating Costs: US$4.3M, down 27% on Q4 2025 reflecting improving operating metrics.
• Powder Products: Q1 2026 revenue of US$4.0M, a 100% increase on Q1 2025, and 5% on Q4 2025. Order intake increased 46% on Q4 2025, leading to an increased backlog of US$7.0M at quarter end driven by Nickel product sales growth of 57% across defence, contract manufacturers, and other OEMs.
• Entered into several strategic relationships for Powder Products throughout the quarter including a long-term agreement with Siemens Energy for feedstock, preferred supplier of powder for AGF Defcom and a US$1.1M Nickel 718 Superalloy Powder order from a major OEM.
• Alloy Products: Q1 2026 revenue of US$2.2M, a 70% increase on Q1 2025 and 22% on Q4 2025. Order intake was over US$1.5M, increasing the backlog to US$2.7M. Growth was driven by recently secured 2026 customer supply agreements, new spot bookings, and improving demand for automotive and aerospace aluminum alloys.
• Groundbreaking of powder expansion construction in Burgettstown, PA manufacturing campus supported by a US$23.4M Defense Production Act (DPA) Title III grant.
• Awarded US$1.95M SBIR Phase II program through the Defense Logistics Agency (DLA) focused on producing domestic Titanium, Tungsten, Niobium and Nickel Powders. This has since increased to US$3.9M in early April.
• Congressman Guy Reschenthaler toured 6KA’s Burgettstown facility and observed the proprietary process that converts scrap, turnings, and end-of-life components into premium metal powders. The visit reinforced 6KA’s strategic positioning in Washington as a fully domestic powder producer, reducing US reliance on foreign controlled feedstock.

6K Additive CEO Frank Roberts commented:
“Our performance in the first quarter of 2026 demonstrates 6KA’s increasing market penetration underpinned by what we consider to be a superior value proposition such as our circular product and services offering. With a 46% increase in powder order intake and US$6.2M in revenue, we are seeing our vision for a sustainable, high-performance manufacturing transition into large-scale commercial reality.
The recent US$1.95M DLA contract which has been increased to US$3.9M and our ongoing US$23.4M DPA Title III expansion in Burgettstown are more than just financial milestones; they are critical investments in American manufacturing capability.”

Download the full statement here.