Core Viewpoint - Amaero Ltd has entered into a five-year exclusive supplier and development agreement with Titomic Limited to supply refractory and titanium alloy spherical powders for advanced manufacturing in defense, space, and aviation industries [1][3]. Group 1: Agreement Details - The agreement establishes Amaero as Titomic's exclusive supplier of spherical refractory and titanium alloy powders, which will be used in Titomic's cold spray technology for mission-critical applications [7][8]. - Amaero will produce the powders while Titomic will manufacture coatings and parts using its cold spray technology, with both companies collaborating on testing and sharing resulting data and intellectual property [8]. - Pricing for the powders will vary based on the landed cost of feedstock, with a set markup, and the two companies will meet biannually to review prices [8]. Group 2: Strategic Importance - The collaboration aims to enhance supply chain resilience by ensuring a consistent domestic production of powders, which is crucial for advanced manufacturing [7][8]. - This partnership positions both companies to accelerate the adoption of cold spray technologies in defense, space, and aerospace applications, addressing national security and manufacturing challenges [6][7]. - The agreement is expected to contribute approximately 5%-10% to Amaero's revenue for FY2026 [8]. Group 3: Industry Context - The partnership aligns with U.S. government initiatives to re-shore and scale domestic manufacturing capabilities, particularly in the defense sector [4][5]. - The collaboration is part of a broader effort to adopt advanced manufacturing modalities, including cold spray and metal 3D printing, to meet national security objectives [5].

Core Insights - The company announced a 5-year exclusive supply agreement with Titomic for spherical refractory and titanium alloy powders, aligning with its strategy to partner with key players in advanced manufacturing [2][3] - This agreement follows previous long-term exclusive agreements with ADDMAN and Velo3D, indicating a consistent approach to forming strategic partnerships within the industry [3] Company Developments - The exclusive supply agreement with Titomic will also involve a development collaboration, enhancing the company's capabilities in advanced manufacturing [4] - Titomic's expertise has primarily been in repair and maintenance, utilizing cold spray technology, which allows for the use of less processed powders compared to spherical powders [4]

Summary of Amaero Investor Webinar - September 01, 2025 Company Overview - **Company**: Amaero - **Industry**: Advanced Manufacturing, specifically in metal powders for 3D printing and defense applications Key Points and Arguments Exclusive Supply Agreement - Amaero announced a **five-year exclusive supply agreement** with **Titomic** for spherical refractory and titanium alloy powders, aligning with their strategy in advanced manufacturing [2] - This follows previous agreements with **Admaero Castillon** and **Velo3D**, enhancing Amaero's position in the U.S. defense and aerospace supply chain [2][5] Collaboration with Titomic - The agreement includes a **development collaboration** to produce mission-critical parts requiring spherical powder, which is essential for defense applications [3][4] - Titomic aims to establish a resilient U.S. supply chain for these materials, which is crucial for defense manufacturing [4] Revenue Expectations - For FY2026, the Titomic agreement is expected to contribute **5% to 10%** of Amaero's revenue, with initial shipments of powder planned for the current quarter [8] - The qualification period for the materials will take longer, with collaborative development expected to begin by the end of the calendar year [9] U.S. Manufacturing Strategy - Amaero is focused on reshoring manufacturing capabilities in the U.S., particularly in the defense industrial base, which includes hypersonics and missile defense [11] - The company is investing in additional atomizers to increase production capacity and reduce costs, positioning itself as a low-cost producer in the U.S. market [27][28] Advanced Manufacturing Modalities - Amaero is prioritizing various advanced manufacturing modalities, including additive manufacturing and cold spray, to capture growth opportunities in the defense sector [14][15] Hypersonics Program - The U.S. Department of Defense has greenlit all current hypersonic programs, which is beneficial for Amaero as it increases demand for high-temperature refractory alloys [20][21] Capital Raise and Funding - Amaero is fully funded for a **$72 million Australian CapEx program** and aims to achieve EBITDA positive status by FY2027 [25] - The company has raised **$98.5 million** since May 2022, with a disciplined approach to capital allocation [26] Future Outlook - FY2026 is seen as a transition year for Amaero, with expectations of **$30 to $35 million** in revenue, and plans to announce more commercial contracts [36][37] - The company anticipates having **six to eight long-term agreements** by the end of the fiscal year, providing visibility into FY27 [37] Additional Important Information - Amaero's competitive advantage lies in its advanced manufacturing capabilities, particularly in PM HIP (Pressure Metal Hot Isostatic Pressing), which is crucial for producing high-quality parts for the defense sector [31][33] - The company is engaged with the U.S. Department of Defense for potential grants and has support from congressional members, indicating strong governmental alignment [34][35]