AustraliaDaily Briefs

Daily Brief Australia: Amaero International Ltd and more

In today’s briefing:

  • Amaero International Ltd – 2nd EIGA Ordered, Tick, Corporate Financing Organised, Tick


Amaero International Ltd – 2nd EIGA Ordered, Tick, Corporate Financing Organised, Tick

By Research as a Service (RaaS)

  • Amaero International Ltd (ASX:3DA) is a global specialist in advanced materials manufacturing for the defence, aerospace, and other industrial sectors.
  • The company is developing an 800+-tonne a year critical metals alloy powder manufacturing facility in Tennessee, USA, with the initial focus on producing refractory alloy powder, C103, a critical metal powder used in hypersonics weaponry, strategic metals and satellites.
  • The company is moving apace with its planned commercialisation, recently announcing it had secured A$7.5m in corporate financing and that it had executed a binding purchase order for its second gas atomiser, the next generation Electrode Induction Melting Inert Gas Atomiser (or EIGA premium). 

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