Core Insights - Amaero Ltd reported a significant increase in revenues, with revenues from ordinary activities up 470% and revenues from contracts with customers from continuing operations up 722%, reaching A$3.8 million for the financial year ending June 30, 2025 [1] Company Overview - Amaero Ltd is a leading U.S. domestic producer of high-value refractory and titanium alloy powders for additive and advanced manufacturing, primarily serving the defense, space, and aviation industries [31] - The company aims to address gaps in the U.S. manufacturing ecosystem by providing large near-net-shape components as alternatives to traditional castings and forgings [3] Operational Milestones - In FY2025, Amaero expanded its manufacturing capabilities by commissioning its second Electrode Induction Melting Inert Gas Atomizer (EIGA Premium) in June 2025, enhancing its production capacity for C103 and titanium alloy powders [4] - A significant A$28 million infrastructure improvement project was completed at the Tennessee facility, achieving AS9100D accreditation for both metal powder production and Powder Metallurgy Hot Isostatic Pressing (PM-HIP) [7] Commercialization Progress - FY2025 marked the transition into initial commercial operations, with a record revenue of A$1.5 million in the June 2025 quarter, driven by strong powder sales and increasing PM-HIP orders [9] - A five-year exclusive supply agreement was executed with Velo3D, estimated to generate A$35 million in revenue, with initial orders to be shipped in Q1 FY2026 [10][11] Financial Stewardship - The capital position improved significantly during FY2025, with a completed A$22 million institutional placement and a US$22.8 million equipment financing loan from the Export-Import Bank of the United States [14][15] - Amaero ended FY2025 with A$19.2 million in cash and A$50.7 million in tangible assets, fully funded for its three-year capital plan through FY2026 [17] Leadership and Governance - The leadership team was strengthened with the promotion of Michael "Mick" Maher to Chief Strategy and Commercial Officer and the appointment of Brett Paduch as Chief Financial Officer [19][20] - Alistair Cray was appointed as Non-Executive Director, enhancing the Board's depth in strategy and governance [21] Industry Outlook - The company is positioned to benefit from increased defense spending, geopolitical risks, and onshoring initiatives, creating a favorable environment for U.S.-based production of advanced materials [22] - Amaero expects a significant revenue increase in FY2026, with contracted revenue for the first half of FY2026 already at approximately 80% of planned revenue [24]

Company Overview - Amaero Ltd is a leading U.S. domestic producer of high-value refractory and titanium alloy powders for additive and advanced manufacturing, primarily serving the defense, space, and aviation industries [6] - The company has a manufacturing and corporate headquarters located in Tennessee, U.S. and is listed on ASX and OTCQB [6] Recent Developments - Amaero has completed the commissioning of two advanced Electrode Induction Melting Inert Gas Atomizers (EIGA Premium) at its Tennessee facility, marking the second and third such atomizers commissioned in the U.S. and globally, respectively [1] - An A$28 million improvement project for the manufacturing facility is on track for substantial completion by the end of June 2025 [3] - The third EIGA Premium atomizer ordered in December 2024 is scheduled for delivery in March 2026 and commissioning in June 2026 [3] Financial Guidance - The company anticipates accelerated revenue growth in the current quarter (4Q FY2025) and significant scaling of revenue in FY2026, with visibility to approximately 80% of planned revenue for Q1 and Q2 of FY2026 from long-term agreements and purchase orders [2] - Amaero has secured a cornerstone purchase order for 27 tonnes of titanium spherical powder to be shipped in the first half of FY2026 [5] Strategic Investments - The company has committed to invest A$72 million in capital expenditures to enhance its manufacturing capabilities, positioning itself to meet increasing demand in U.S. manufacturing [4] - These investments are expected to provide Amaero with a first-mover advantage, creating a more resilient and scalable domestic supply chain for the defense industrial base and advanced manufacturing ecosystem [4]