With a flurry of ASX industrial tech companies changing the way the world works, Monash University bred Amaero International Ltd is on its way to join them as it closes the book on its oversubscribed $8.0M IPO.
Established in 2013, the Amaero Group has built a global reputation as a leading service provider specialising in the metals additive manufacturing sector. In October 2019, the Company secured licensing rights to two new super materials (patents pending); a high-strength Titanium alloy and a new Aluminium-Scandium alloy, as well as an exclusive US Distribution Agreement for the world’s fastest laser-based power bed 3D printer.
Amaero specialises in metal additive manufacturing for the defence, aerospace and automotive sectors and already boasts an impressive customer base including Raytheon, Boeing and a commercial airline operator.
The use of metal 3D printing is increasing in the aerospace, industrial and automotive sectors with major manufacturers competing to adopt additive manufacturing technology. The value of additive manufacturing in the aerospace sector alone is estimated to grow at a CAGR of 13.2% between 2015 – 2025.
Amaero’s CEO, Barrie Finnin,
