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Amaero Announces Velo3D Qualification Condition Satisfied for C103 and Ti64
Globenewswire· 2025-07-08 12:00
~ Enters into Technical Development Collaboration with Aurburn University ~ MCDONALD, Tenn., July 08, 2025 (GLOBE NEWSWIRE) -- Amaero Ltd (ASX:3DA) (OTCQB: AMROF) ("Amaero" or the "Company"), a leading U.S. domestic producer of high-value C103, refractory alloy, and titanium powders for additive and advanced manufacturing of components utilized by the defense, space, and aviation industries, is pleased to announce that the Company has entered a technical development collaboration with Auburn University's Na ...
Amaero Provides Update to Financial Guidance, Largely Reaffirming Expectations
Globenewswire· 2025-05-28 20:05
Core Viewpoint - Amaero Ltd expects revenue growth to accelerate in the current quarter and continue into FY2026, with a target to achieve positive EBITDA by FY2027 [1][5]. Financial Outlook - The company reaffirms its expectation of revenue growth acceleration in the current quarter and significant scaling in FY2026 [5]. - Planned capital investments for the three-year period ending FY2026 remain unchanged at an estimated A$72 million [5]. - Following recent financing, the company is fully funded for its operations [5]. Market Context - The extended Continuing Resolution for the FY2025 U.S. budget has caused delays in revenue and new contracts, particularly affecting hypersonic programs [2]. - An updated study estimates demand for C103 powder at approximately 93 tonnes in FY2030, down from an earlier estimate of 105 tonnes in FY2028 [2]. Company Strategy - The company focuses on addressing critical gaps in the U.S. domestic supply chain, particularly in the production of refractory and titanium alloy powders [3]. - Amaero is positioned to benefit from multinational companies relocating manufacturing to the U.S., having begun its own relocation to the U.S. manufacturing heartland in July 2023 [3]. Technological Capabilities - Amaero is a leader in gas atomization technology for refractory and titanium alloys, achieving industry-leading yields of additive manufacturing powder [4]. - The company specializes in PM-HIP manufacturing, producing large, near-net-shape powder parts with properties comparable to forged materials [4].