Amaero Commissions 2nd Atomizer On Schedule

Rhea-AI Summary

Amaero (OTCQB: AMROF), a leading U.S. producer of high-value metal powders for advanced manufacturing, has successfully commissioned its second EIGA Premium atomizer at its Tennessee facility. The company has completed its A$28 million facility improvement project and reaffirms its revenue growth guidance for Q4 FY2025 and FY2026.

The company has secured visibility to approximately 80% of planned revenue for Q1 and Q2 FY2026 through long-term agreements and purchase orders, including strategic partnerships with Castheon/KAM/ADDMAN and Velo3D, and a cornerstone order for 27 tonnes of titanium spherical powder. A third EIGA Premium atomizer is scheduled for commissioning in June 2026, supporting the company's A$72 million capital investment strategy to establish the largest U.S. domestic capacity for refractory and titanium alloy spherical powders.

Positive

• Successfully commissioned 2nd EIGA Premium atomizer on schedule
• 80% revenue visibility for Q1 and Q2 FY2026 through contracts and purchase orders
• Secured cornerstone order for 27 tonnes of titanium spherical powder
• A$28 million facility improvement project completed on schedule
• Strategic long-term agreements with Castheon/KAM/ADDMAN and Velo3D

Negative

• Significant capital expenditure of A$72 million may impact short-term financial flexibility
• Third atomizer won't be commissioned until June 2026, limiting near-term production capacity

MCDONALD, Tenn., June 24, 2025 (GLOBE NEWSWIRE) -- Amaero Ltd (ASX:3DA) (OTCQB: AMROF) (“Amaero” or the “Company”), a leading U.S. domestic producer of high-value C103, refractory alloy, and titanium powders for additive and advanced manufacturing of components utilized by the defense, space, and aviation industries, today announced that it has completed commissioning of the 2^nd advanced Electrode Induction Melting Inert Gas Atomizer (EIGA Premium) on schedule¹ at its flagship Tennessee manufacturing facility. Amaero’s advanced atomizer technology is the 2^nd custom designed EIGA Premium to be commissioned in the U.S. and the 3^rd to be commissioned in the world.

The Company gave prior guidance² that revenue growth was expected to accelerate in the current quarter (4Q FY2025) and that revenue was expected to significantly scale in FY2026. The Company reaffirms its guidance and is pleased to share that with contracted sales from long-term agreements and from received purchase orders, the Company has visibility to approximately 80% of its planned revenue for Q1 and Q2 of FY2026.

The A$28 million improvement project for Amaero’s 9,290 square metre (100,000 square feet) manufacturing and corporate headquarters facility in Tennessee will be substantially completed on schedule by the end of June 2025.

The 3^rd EIGA Premium atomizer that was ordered in December 2024 is on schedule to be delivered in March 2026 and to be commissioned in June 2026.³

Hank J. Holland, Amaero’s Chairman and CEO, commented, “Amaero acted decisively and committed to invest A$72 million⁴ in capital expenditures to improve the flagship Tennessee manufacturing facility and to commission the largest U.S. domestic capacity production for refractory and titanium alloy spherical powders. The Company’s forward-leaning capital investments position Amaero with a completed manufacturing facility and with production capacity that’s available to meet a surge in demand for U.S. manufacturing. The capability and capacity provide Amaero with an important first-mover advantage, resulting in a more resilient, more scalable and more responsive U.S. domestic supply chain for the defense industrial base and the broader advanced manufacturing ecosystem.

As we move into FY2026, Amaero will be focused on scaling production and delivering commercial contracts and agreements. We are pleased to go into the fiscal year with strong visibility of revenue due to strategic long-term agreements with Castheon/KAM/ADDMAN and Velo3D, as well as a cornerstone purchase order for 27 tonnes of titanium spherical powder to be shipped in 1H FY2026.”

Investor Briefing

Amaero Chairman and CEO, Hank J. Holland will host an investor briefing later this evening, Tuesday June 24, 2025 at 9:00 p.m. Eastern Time. The investor briefing will be recorded and posted to Amaero’s website.

To pre-register for the briefing, please use the link below:

https://janemorganmanagement-au.zoom.us/webinar/register/WN_c_vMKCNRSOStILLa8Dl1wA

About Amaero

Amaero Ltd (ASX:3DA) (OTCQB:AMROF) is an ASX-listed company with manufacturing and corporate headquarters located in Tennessee, U.S. Amaero is a leading U.S. domestic producer of high-value refractory and titanium alloy powders for additive and advanced manufacturing of components utilised by the defense, space, and aviation industries. The technical and manufacturing team brings decades of experience and know-how with pioneering work in gas atomization of refractory and titanium alloys. The Company has commissioned advanced gas atomization technology with an industry leading yield of AM powder. The Company is also a leader in PM-HIP (Powder Metallurgy Hot Isostatic Pressing) manufacturing of large, near-net-shape powder parts with forged-equivalent material properties and microstructure for a variety of alloys. PM-HIP manufacturing is helping alleviate the strained domestic supply chain for large scale castings and forgings.

This announcement has been authorised for release by the Chairman and CEO.

For further information, please contact:

Amaero Ltd
Hank J. Holland Chairman and CEO
hank.holland@amaeroinc.com

Media & Investor Enquiries in Australia
Jane Morgan
Director
jm@janemorganmanagement.com.au

Media & Investor Enquiries in United States
Shannon Devine
MZ Group
amaero@mzgroup.us

¹ The June 2025 commissioning date was provided in ASX Announcement dated 19 December 2024.
² The prior guidance was provided in ASX Announcement dated 24 April 2025 and in ASX Announcement dated 28 May 2025.
³ The June 2026 commissioning date was provided in ASX Announcement dated 19 December 2024.
⁴ The planned capital investments of A$71.5 million was referenced in Investor Presentation dated 14 August 2024.

FAQ

What major milestone did Amaero (AMROF) achieve in June 2025?

Amaero successfully commissioned its second EIGA Premium atomizer at its Tennessee manufacturing facility, making it only the second such system in the U.S. and third worldwide.

How much revenue visibility does Amaero have for early FY2026?

Amaero has visibility to approximately 80% of its planned revenue for Q1 and Q2 of FY2026 through contracted sales from long-term agreements and received purchase orders.

What is the size of Amaero's facility improvement investment in Tennessee?

Amaero invested A$28 million in improving its 100,000 square feet Tennessee manufacturing facility, part of a larger A$72 million capital expenditure commitment.

When will Amaero's third EIGA Premium atomizer be operational?

The third EIGA Premium atomizer is scheduled for delivery in March 2026 and will be commissioned in June 2026.

What major supply agreements does Amaero have in place?

Amaero has strategic long-term agreements with Castheon/KAM/ADDMAN and Velo3D, plus a cornerstone purchase order for 27 tonnes of titanium spherical powder to be shipped in 1H FY2026.