Ann: Titomic Signs $1.8 Million Defence MoU with TAUV, page-18

They certainly are claiming it is revenue... Direct quote. Straight out the Managing Directors mouth in the announcement:

“This MoU with TAUV provides the first significant revenue for Titomic. The granting of an exclusive license to TAUV for the production of soldier systems further validates Titomic’s licensed CSIRO patents as a viable additive manufacturing process that enables Australian companies to manufacture cutting-edge products with competitive advantages for the global market.”

This MOU doesn’t say they are guaranteed any revenue? They are just doing a feasibility report. There’s no exclusivity until TAUV is happy with that info, then they pay $300,000 for the 5 products.
And the words billion and millions show up about 10 times!!

I’ll say it again. This is borderline ASX aware material. This is exactly how companies like GSW behaved. If this feasibility report doesn’t go through, they will be looking seriously bad.