Amaero Inc.

Annual Reports

Investor Presentations

Announcements

Updates

Investors

Meet the Team

Home

Governance

New Investors

Manrope

Investor Center

3DA Amaero International RaaS Update Report 2024 05 24.pdf

RaaS has published an update report on advanced materials manufacturing group Amaero International (ASX:3DA) following its announcement that the first atomiser has been installed at its Tennessee facility and is expected to be commissioned by 30 June.

Installation and cold testing of the atomiser has been completed and hot testing of the atomiser has commenced on schedule.

In conjunction with commissioning, Amaero expects to produce two tonnes of titanium alloy (Ti64) powder. Following commissioning and cleaning of the atomiser, the company says it expects to commence parameter optimisation for production of C103 powder. Amaero says it expects to deliver initial samples of C103 powder to its offtake counterparty by mid-August.

The company’s announcement is in line with our forecasts for production timing and powder type.

RaaS has adjusted their cost estimates, in particular employee costs in the near term and for conservatism have increased our estimates for research and development costs, without incorporating income estimates for government grants.

RaaS Research - Atomiser on schedule for 30 June commissioning