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Aurora Labs Secures $500,000 Loan for R&D Commercialization

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Aurora Labs Secures $500,000 Loan for R&D Commercialization

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An update from Aurora Labs ( (AU:A3D) ) is now available.

Aurora Labs Limited has secured a $500,000 loan against its 2025 Research and Development tax credit, with an interest rate of 15% per annum over a four-month term. The funds will be used primarily for technology commercialization, including production plant and equipment for propulsion systems products, and working capital, which may enhance the company’s operational capabilities and market positioning.

More about Aurora Labs

Aurora Labs Limited is an industrial technology and innovation company specializing in the provision of 3D metal printed parts for Defence, Oil and Gas, and Resources applications. The company is also involved in the development of 3D metal printers, powders, and associated intellectual property. Aurora Labs is listed on the Australian Securities Exchange under the code A3D.

YTD Price Performance: -32.91%

Average Trading Volume: 457,489

Technical Sentiment Signal: Sell

Current Market Cap: A$21.19M

For an in-depth examination of A3D stock, go to TipRanks’ Stock Analysis page.

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