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Aurora Labs ( (AU:A3D) ) has shared an announcement.
Aurora Labs has completed the design, build, and initial testing of its AU4 micro gas turbine, marking a significant milestone in its propulsion technology for UAVs. The AU4 engine, which offers 40kg of thrust, showcases improved fuel efficiency and reduced part numbers, positioning A3D as a leader in cost-effective, scalable UAV engine solutions. The company’s Industrial Print Services Bureau continues to support various sectors, including defense and resources, with ongoing projects and partnerships, highlighting its advanced manufacturing capabilities and strategic industry engagements.
More about Aurora Labs
Aurora Labs Limited, trading as A3D, operates in the additive manufacturing industry, focusing on the development of advanced propulsion systems and industrial print services. The company targets sectors such as defense, oil and gas, and resources, providing innovative solutions like micro gas turbines for UAVs and strategic propulsion projects.
YTD Price Performance: -25.00%
Average Trading Volume: 16,778
Technical Sentiment Signal: Sell
Current Market Cap: €12.41M
See more data about A3D stock on TipRanks’ Stock Analysis page.