PTC Industries’ Trac Precision Signs Five-Year MoU with Coolbrook
Filing Summary
PTC Industries Limited, through its subsidiary Trac Precision Solutions, has entered a five-year Memorandum of Understanding (MoU) with Coolbrook Oy. The collaboration focuses on the machining and manufacturing of components for Coolbrook’s RotoDynamic Heater™ technology. The agreement outlines Trac’s role as the preferred machining partner for aerofoil components, supporting the production and industrial scale-up of RDH™ units. This partnership aligns with PTC’s strategic expansion into industrial electrification and clean technology manufacturing. The MoU establishes a framework for long-term cooperation, emphasizing design collaboration and production readiness.
PTC Industries Limited, through its subsidiary Trac Precision Solutions, has signed a five-year Memorandum of Understanding (MoU) with Coolbrook Oy. This agreement focuses on the machining and manufacturing of components for Coolbrook’s RotoDynamic Heater™ (RDH™) technology. Under this MoU, Trac is designated as the preferred machining partner for aerofoil components, supporting the production of first-generation RDH™ units and subsequent industrial scale-up.
The MoU does not specify financial terms or payment structures. However, it establishes a framework for collaboration, including early-stage Design for Manufacture (DfM) initiatives and production readiness. The agreement is non-binding, except for confidentiality and related provisions, and aims to support long-term manufacturing collaboration between the parties.
The operational scope of the MoU includes the manufacture of selected RDH™ components, integrated DfM collaboration to optimize scalability, and alignment with Coolbrook’s commercial and technology deployment roadmap. Trac will work closely with Coolbrook’s engineering teams to enhance manufacturability, improve production efficiency, and support industrialization at scale. The collaboration is part of Trac’s strategic expansion into high-value industrial electrification and clean technology manufacturing.
Coolbrook’s RDH™ technology is designed to electrify high-temperature industrial processes, replacing fossil fuel combustion in sectors such as steel, cement, petrochemicals, and chemicals. The technology aims to reduce CO₂ emissions across energy-intensive industries. As RDH™ progresses toward broader commercial deployment, scalable and precision manufacturing capability will be critical for global rollout.
The MoU outlines a five-year timeline for the collaboration, with Trac engaging at the design stage to enhance manufacturability and support industrialization. The agreement represents a significant step in Trac’s strategic expansion into high-value industrial electrification and clean technology manufacturing.
Coolbrook Oy is a transformational technology and engineering company focused on decarbonizing major industrial sectors. Its RotoDynamic technology combines space science, turbomachinery, and chemical engineering to replace fossil fuels in industrial processes. The company aims to provide carbon-free process heating and achieve 100% CO₂-free olefin production.
PTC Industries Limited is a leading manufacturer of precision metal components for critical and high-performance applications. The company is expanding its advanced materials capabilities through investments in its Strategic Materials Technology Complex, integrating aerospace-grade titanium and superalloy production with advanced foundry and machining facilities. Through its subsidiary Trac Precision Solutions, PTC delivers mission-critical solutions to global OEMs in aerospace, defense, power generation, and emerging clean technology sectors.