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HomeFinTechAmaero International: Receives order from Gilmour Space

Amaero International: Receives order from Gilmour Space

  • Metal additive manufacturer Amaero International (3DA) has received a purchase order from Gilmour Space Technologies
  • Amaero will manufacture two rocket motor components, with the opportunity to provide further manufacturing services in the future
  • The two rocket components will manufactured by Amaero and evaluated by Gilmour Space
  • In February 2018, Gilmour Space entered a Space Act Agreement with NASA to collaborate on research
  • The Aerospace industry is a high growth market, forecast to grow to US$3.6 billion (around A$5 billion) by 2025
  • Amaero is down 1.96 per cent on the market this afternoon and is trading for 25 cents per share
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