An announcement from Amaero International Ltd ( (AU:3DA) ) is now available.
Amaero Ltd has entered into a five-year, exclusive supply agreement with Velo3D, a U.S.-based metal additive manufacturing technology company, expected to generate approximately A$35 million in revenue. This agreement positions Amaero as a key supplier of Niobium C103 and other refractory alloy powders, as well as a preferred supplier of titanium alloy powders, supporting the re-shoring of advanced manufacturing in the U.S. and enhancing domestic supply chain resilience.
More about Amaero International Ltd
Amaero Ltd (ASX:3DA) is an ASX-listed company with headquarters in Tennessee, U.S., specializing in the production of high-value refractory and titanium alloy powders for additive and advanced manufacturing, primarily serving the defense, space, and aviation industries. The company is known for its expertise in gas atomization technology and PM-HIP manufacturing, which aids in alleviating supply chain issues for large-scale castings and forgings.
YTD Price Performance: 2.00%
Average Trading Volume: 561,257
Technical Sentiment Signal: Buy
Current Market Cap: A$176M
See more insights into 3DA stock on TipRanks’ Stock Analysis page.