Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

AMAERO LTD Capital/Financing Update 2021

Sep 1, 2021

64254_rns_2021-09-01_467999c3-161d-4d07-b609-18f3fc4947a2.pdf

Capital/Financing Update

Open in viewer

Opens in your device viewer

ASX:3DA

==> picture [69 x 89] intentionally omitted <==

ASX Release

==> picture [138 x 37] intentionally omitted <==

2 September 2021

Revised revenue guidance for proposed Australian Ti Powder plant

Amaero International Limited (“ Amaero ”), (the “ Company ”) ( ASX:3DA ), a leader in metal additive manufacturing, wishes to advise the market that recent evaluation trials have confirmed that yields of its metal powder products are better than the base case for the investment. Therefore, anticipated output from its proposed Australian titanium powder manufacturing facility will be higher than previously expected.

Based on the higher projected output level, Amaero now expects that revenue capacity per annum, once the plant is fully operational, will now be ~US$30 million or ~A$40.8 million per annum[1] . This compares to the expected ~A$30 million in revenue capacity per annum as originally announced to the market (See ASX Announcement dated July 5, 2021).

This ASX release is approved by the Board of Amaero International Limited.

For further information, please contact:

Corporate: Investors:
Barrie Finnin Gabriella Hold
CEO Market Eye
Amaero International Limited +61 (0) 411 364 382
[email protected] [email protected]

About Amaero International Limited:

Amaero International Limited is an Australian based company that manufactures large format complex components in metal with laser-based additive manufacturing processes, commonly known as 3D printing.

The principal activity of Amaero is the provision of end to end additive manufacturing solutions in terms of materials, services, equipment and technology to its key clients in the Aviation Defence and Space sectors and the Tool and Die industry.

Amaero has worked with many of the world’s leading manufacturers of aerospace and defence products in both an R&D and manufacturing capability and has a demonstrated ability to deliver aviation and military specification 3D printed alloy critical operation components.

Amaero was established with the support of Monash University in 2013 to take advantage of commercial opportunities identified by the Monash Centre for Additive Manufacturing (MCAM). Amaero is co-located with MCAM in Melbourne Australia. It operates two additional facilities, in Adelaide, South Australia, and Los Angeles, California, USA.

For further information, please visit: https://www.amaero.com.au/

1 Based on the USD/AUD exchange rate as at 31 August 2021: $US1.00 = A$1.36

==> picture [146 x 62] intentionally omitted <==

Amaero International Limited (ABN: 82 633 541 634) 11-13 Normanby Road, Notting Hill, VIC, 3168, Australia T: +61 3 9905 9847 [email protected] www.amaero.com.au