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Amaero International Ltd ( (AU:3DA) ) just unveiled an announcement.
Amaero International Ltd has successfully completed a fully subscribed institutional placement, raising A$22 million. This capital raise, supported by both existing and new U.S.-based institutional investors, marks a significant milestone for Amaero as it transitions to commercialization in FY2026. The funds will be used for capital equipment purchases and improvements to its Tennessee facility, strengthening its balance sheet and strategic positioning in the U.S. market. This move aligns with the company’s focus on enhancing U.S. domestic manufacturing capabilities and its long-term growth opportunities in mission-critical sectors.
More about Amaero International Ltd
Amaero International Ltd operates in the advanced manufacturing industry, focusing primarily on producing refractory and specialty additive manufacturing (AM) powders and pioneering PM-HIP manufacturing of large near-net-shape parts. The company aims to address gaps in the United States’ supply chain for defense, space, and aerospace applications.
YTD Price Performance: 34.00%
Average Trading Volume: 472,968
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$206.2M
See more insights into 3DA stock on TipRanks’ Stock Analysis page.
