Amaero (3DA) Update / Briefing Transcript

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]