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Amaero International Ltd ( (AU:3DA) ) has issued an announcement.
Amaero International Ltd has successfully commissioned its second advanced Electrode Induction Melting Inert Gas Atomizer at its Tennessee facility, marking a significant milestone in its expansion efforts. This development is part of a broader A$72 million investment to enhance the facility’s capacity, positioning Amaero as a leader in the U.S. for refractory and titanium alloy spherical powders. The company anticipates accelerated revenue growth, supported by strategic long-term agreements and purchase orders, which provide strong revenue visibility for the upcoming fiscal year. This expansion is expected to strengthen Amaero’s supply chain capabilities, offering a competitive advantage in the advanced manufacturing sector.
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 Ltd (ASX:3DA, OTC:AMROF) is a U.S.-based company specializing in the production of high-value refractory and titanium alloy spherical powders. These powders are used in additive and advanced manufacturing for industries such as defense, space, aviation, industrial, and medical sectors. The company is recognized for its expertise in gas atomization technology and PM-HIP manufacturing, which supports the domestic supply chain for large-scale castings and forgings.
Average Trading Volume: 531,267
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$252M
For an in-depth examination of 3DA stock, go to TipRanks’ Overview page.