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An announcement from Aurora Labs ( (AU:A3D) ) is now available.
Aurora Labs has made significant strides in its micro gas turbine program, entering a critical pre-durability testing phase for its AU2 and AU4 engines. The company has upgraded its test bench infrastructure to support high-frequency data capture, essential for meeting military standards and optimizing engine performance. Additionally, Aurora Labs secured a $544,333 Defense Industry Development Grant to scale up production of its propulsion systems, with facility upgrades underway to enhance manufacturing capabilities. The company is also preparing to exhibit its turbines at DSEI 2025 in London, which will provide international exposure. These developments mark a significant step towards the production of affordable, 3D-printed propulsion systems for defense applications, potentially strengthening Aurora Labs’ position in the defense industry.
More about Aurora Labs
Aurora Labs Limited, listed on the ASX as A3D, operates in the manufacturing industry with a focus on developing advanced propulsion systems and micro gas turbines. The company is engaged in defense and UAV platform integration, leveraging its expertise in 3D printing and engineering to enhance manufacturing capabilities.
Average Trading Volume: 568,748
Technical Sentiment Signal: Sell
Current Market Cap: A$15.59M
Learn more about A3D stock on TipRanks’ Stock Analysis page.
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