What's Happening?
Amaero Ltd, a leading US producer of high-value refractory and titanium alloy powders, has released its Appendix 4E and Audited Financial Report for the year ended June 30, 2025. The company reported a 470% increase in revenues from ordinary activities and a 722% increase in revenues from contracts with customers, totaling A$3.8 million. Amaero has strategically advanced its manufacturing capabilities, including the commissioning of its second Electrode Induction Melting Inert Gas Atomizer, positioning itself as a leading supplier of refractory and titanium alloy powders. The company has also secured significant commercial agreements, including a five-year exclusive supply agreement with Velo3D and a three-year supply agreement with The Perryman Company.
Why It's Important?
Amaero's growth reflects the increasing demand for advanced manufacturing materials in the defense, aviation, and space industries. The company's strategic expansion and partnerships are crucial for addressing the US's manufacturing ecosystem gaps, particularly in the production of refractory and titanium alloy powders. Amaero's advancements in manufacturing technology and commercial agreements position it as a key player in the re-industrialization and reshoring efforts across various sectors, supporting national capability and economic security.
What's Next?
Amaero plans to continue scaling its manufacturing capacity and deepen customer integration. The company expects a significant increase in revenue in FY2026, driven by strong contracted positions and ongoing commercial opportunities. Amaero is set to deliver First Article parts to a US Department of Defense Prime Contractor, marking a step toward receiving production contracts. The company is also collaborating with Boeing to leverage its PM-HIP manufacturing capabilities for large near-net-shape parts.