Amaero International Ltd (AU:3DA) has released an update.
Amaero International Ltd, an ASX-listed producer of specialty alloy powders for the defense, space, and aviation sectors, announced a binding offtake agreement for C103 AM powder, a $20 million institutional placement, and a positive market outlook with expected demand growth. Additionally, the company is installing its first atomiser and exploring equity financing options to solidify its position as a leading U.S. domestic producer.
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