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The latest announcement is out from Aurora Labs ( (AU:A3D) ).
Aurora Labs has signed a Memorandum of Understanding with Mayman Aerospace to explore the development of 3D-printed micro gas turbines and propulsion systems for VTOL aircraft. This strategic partnership marks Aurora Labs’ entry into the U.S. aerospace market, offering opportunities to validate its technologies and enhance its position in propulsion innovation. The collaboration is expected to accelerate the commercialization of 3D printed propulsion systems and increase Aurora Labs’ visibility among key U.S. aerospace stakeholders.
More about Aurora Labs
Aurora Labs Limited is an Australian leader in industrial 3D printing, focusing on additive manufacturing technologies. The company is involved in developing advanced propulsion systems and aims to expand its market presence in the aerospace and defense sectors, particularly in North America.
Average Trading Volume: 444,388
Technical Sentiment Signal: Sell
Current Market Cap: A$21.19M
For detailed information about A3D stock, go to TipRanks’ Stock Analysis page.