bullish

Amaero International Ltd - Atomiser commissioned ahead of June 30 deadline

240 Views05 Jun 2024 09:00
Issuer-paid
SUMMARY
  • RaaS Research Group has published a flash comment on advanced materials manufacturing group Amaero International (ASX:3DA) following its announcement that the first atomiser has been commissioned at its Tennessee facility ahead of schedule.
  • The commissioning is an important step toward the production of C103 and specialty alloy powder at the facility and allows the company to move to the next step of achieving qualification and, ultimately, commercialisation.
  • Amaero’s announcement underpins our confidence in the production timing we have applied to our estimates.
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