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The latest announcement is out from Amaero International Ltd ( (AU:3DA) ).
Amaero International Ltd reported a revenue of A$630,000 for the December 2024 quarter, with significant contributions from powder sales and PM-HIP manufacturing. The company concluded a successful institutional placement, raising A$25.0 million to fund capital equipment and expand its Tennessee operations. Amaero’s strategic moves include a 3-year supply agreement with Perryman for titanium alloy bar and achieving AS9100D accreditation for its Tennessee facility, enhancing its market position. The company’s financial stability is further reinforced by a substantial cash balance and a forthcoming A$37.8 million loan from the Export-Import Bank of the United States, aligning with U.S. government policies to strengthen the domestic industrial base.
More about Amaero International Ltd
Amaero International Ltd operates in the additive manufacturing industry, specializing in the production of metal powders and Powder Metallurgy Hot Isostatic Pressing (PM-HIP) manufacturing. The company is positioned as a leading U.S. domestic producer of C103, refractory, and specialty alloy powder for additive manufacturing, with a focus on collaborating with U.S.-funded laboratories and advancing critical programs.
YTD Price Performance: 20.0%
Average Trading Volume: 452,319
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$193.9M
Find detailed analytics on 3DA stock on TipRanks’ Stock Analysis page.
