Core Viewpoint - Amaero Ltd has revised its FY2026 revenue guidance due to delays in U.S. government contracting, but demand remains strong across its powder production and PM-HIP manufacturing sectors [3][5][9]. Operational and Financial Update - The company is experiencing robust demand in powder production and PM-HIP manufacturing, driven by increased customer engagement in defense, aerospace, energy, and advanced manufacturing markets [3]. - The updated FY2026 revenue guidance is set at A$18 million to A$20 million, down from the previous guidance of A$30 million to A$35 million, reflecting a growth of 372% to 425% over FY2025 [5][8]. - Revenue for the December quarter is expected to be approximately A$3.1 million, representing a 390% increase compared to the prior corresponding period [5]. - Contracted revenue of A$9.7 million is secured for the second half of FY2026, with an estimated A$2.5 million to be recognized in Q3 and A$7.2 million in Q4 [5][8]. Outlook - The company enters 2026 with a strong balance sheet and expanded production capabilities, anticipating improved contracting momentum following the resolution of U.S. federal budget appropriations [4]. - Positive AEBITDA is expected in calendar year 2027, reflecting the revised revenue profile and ongoing investments in capacity and qualification programs [5]. Strategic Initiatives - Amaero is scaling up U.S. manufacturing through major capital equipment orders, including an Argon recycling plant and a fourth advanced EIGA Premium atomizer, secured at approximately 60% below earlier cost estimates [6]. - The company has received validation from the U.S. Navy for its PM-HIP manufacturing process as a viable alternative to traditional supply chains [6]. - A strategic partnership with Titomic Limited has resulted in an initial commercial supply order for A$4.6 million of refractory alloy powders [6]. Management Commentary - The Chairman and CEO of Amaero expressed satisfaction with securing contracts totaling A$9.7 million for anticipated revenue in the second half of FY2026, highlighting a projected 30% increase in titanium powder production over the first half of FY2026 [8].

Core Viewpoint - Amaero Ltd has secured a US$3.0 million purchase order from Titomic Limited for refractory alloy powders, under a 5-year exclusive supplier and development agreement aimed at supporting defense and aerospace applications [1][2]. Group 1: Agreement and Financials - The purchase order is part of a previously announced agreement that includes Amaero contributing US$1.5 million towards development expenses for a program with a leading defense contractor [2]. - Powder shipments are expected to occur in Q3 and Q4 of FY2026, aligning with Titomic's development program [2]. Group 2: Strategic Collaboration - The collaboration combines Amaero's expertise in atomization technology with Titomic's cold spray applications, positioning both companies to address critical manufacturing challenges in defense and aerospace sectors [2][3]. - This partnership is designed to enhance the domestic supply of refractory and titanium alloy powders, addressing material continuity issues in mission-critical markets [3]. Group 3: Leadership Insights - Amaero's Chairman and CEO emphasized the strategic nature of partnerships, selecting collaborators that complement Amaero's core competencies and market position [4]. - The agreement with Titomic is highlighted as a significant opportunity to overcome technical challenges and supply chain issues in manufacturing [5]. Group 4: Industry Context - The collaboration is seen as essential for national security and manufacturing objectives, aiming to build robust capabilities and accelerate the adoption of advanced manufacturing technologies [3]. - The partnership ensures that the powders used in initial demonstrations will be the same as those qualified for production, enhancing supply chain confidence for defense contractors [5].

Core Points - Amaero Ltd has completed its non-underwritten share purchase plan (SPP) after raising approximately A$470,000, with 1,175,000 new fully paid ordinary shares to be issued at A$0.40 each [1][2][3] - The proceeds from the SPP will be utilized to accelerate growth initiatives planned for FY2027 and beyond [3] 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 [4] - The company has advanced gas atomization technology with an industry-leading yield of additive manufacturing powder and specializes in PM-HIP manufacturing, which addresses domestic supply chain challenges for large-scale castings and forgings [4]

Core Viewpoint - Amaero Ltd has successfully secured commitments for a placement of 125 million new shares at A$0.40 per share, aiming to raise A$50 million (approximately US$32.3 million) to accelerate growth initiatives planned for FY2027 and beyond [1][2][5] Group 1: Placement Details - The placement involves issuing 125 million new shares to institutional investors at A$0.40 per share, representing approximately 15.7% of Amaero's current issued capital [5] - The issue price of A$0.40 per share reflects a 5.9% discount to the last traded price of A$0.425 and a 15.8% discount to the 5-day volume weighted average price of A$0.475 [6] - Proceeds from the placement will be utilized to enhance growth initiatives and to attract new institutional investors to Amaero's shareholder base [2][4] Group 2: Share Purchase Plan (SPP) - Amaero plans to offer up to A$3 million in a Share Purchase Plan (SPP) to eligible shareholders, allowing them to acquire shares at the same price as the placement [1][9] - Eligible shareholders can apply for up to A$30,000 worth of new shares at the placement price, with the potential for scale-back if applications exceed A$3 million [9][10] - The SPP is set to open on August 29, 2025, and will close on September 19, 2025, with results announced on September 26, 2025 [12] Group 3: Strategic Growth Initiatives - Amaero has transitioned to commercialization after two years of capital investments and is beginning to scale revenue [3] - The company plans to order a 4th atomizer and design-build an Argon gas recycling unit to enhance its production capabilities [3] - The leadership team emphasizes a long-term strategy focused on re-shoring manufacturing and supply chain capabilities, viewing it as a generational opportunity [4]