Academic Partnerships NovaCast signed an MOU with King Mongkut's Institute of Technology Ladkrabang, formalizing academic cooperation in Southeast Asia. This creates a gateway for joint pilots and funded projects to validate casting simulation solutions and generate early customer traction.

Product Ecosystem Growth Recent launches like NovaCastCAD, NovaFlow&Solid 6.65, NovaOne 6.65 and MetalMaster 5.3 indicate a growing suite. Offers opportunities to upsell and bundle modules to mid-market foundries seeking end-to-end design-to-production optimization and ongoing support.

Global Expansion The company is expanding in India and Germany and engaging regional partners, signaling a multi-region sales strategy. Leverage channel partners and localized support to win mid-sized foundries across Europe, Asia-Pacific, and beyond.

Foundry Focus NovaCast emphasizes practical usability and roots in the foundry industry, with a strong value proposition around defect prediction/prevention and production stabilization. Position as a ROI-driven solution for mid-sized foundries facing costly defects and throughput variability.

Growth Opportunity With revenue in the 1–10 million range and a lean 11–50 staff, there is room to scale through consulting services, training, and expanded maintenance agreements. Target mid-market customers, leveraging existing product launches to accelerate adoption and reference cases.