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Amaero International Ltd ( (AU:3DA) ) has issued an announcement.
Amaero International Ltd has announced a technical development collaboration with Auburn University’s National Center for Additive Manufacturing Excellence (NCAME). This partnership has resulted in the successful qualification of Amaero’s C103 and Ti64 powders, meeting Velo3D’s standards. As a result, Amaero has received initial purchase orders from Velo3D for 1000 kg of these powders, which will support critical aerospace and defense projects. This collaboration strengthens Amaero’s position in the additive manufacturing industry, showcasing its capability to produce industry-standard metal powders and enhancing its market presence.
The most recent analyst rating on (AU:3DA) stock is a Buy with a A$0.60 price target. To see the full list of analyst forecasts on Amaero International Ltd stock, see the AU:3DA Stock Forecast page.
More about Amaero International Ltd
Amaero International Ltd operates in the additive manufacturing industry, specializing in the production of advanced metal powders, including refractory and titanium alloys. The company focuses on leveraging its gas atomization technology to produce high-quality, cost-competitive spherical powders for various industries, including aerospace and defense.
Average Trading Volume: 598,157
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$290.2M
See more data about 3DA stock on TipRanks’ Stock Analysis page.