Earnings release
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ASX Release AMAERO ADDITIVE MANUFACTURING ASX : 3DA 27 April 2021 Amaero continues to progress its growth strategy March 2021 Quarterly Activities Report March quarter highlights • • Executed strong commercial development of the opportunity pipeline with notable new relationships including : ○ Purchase order from Nissan Casting Australia Pty Ltd for a 3D printed tool steel insert for die - casting auto components о Purchase order from Raytheon Intelligence and Space ( RI & S ) , a business of Raytheon Technologies , to produce 3D printed samples in new materials for evaluation ○ Collaboration with Rio Tinto on the development of the supply chain for Amaero's high performance , High Operating Temperature Aluminium Alloy , " Amaero HOT AI❞ Successfully printed tooling for Fletcher's Glass application in the production geometry . This is a major project milestone and validates the approach outlined in Amaero's patent application Closed oversubscribed and upsized Share Purchase Plan , with strong demand generating $ 4.825 million of applications , well in advance of the initial $ 3 million target Cash balance of $ 12.6 million at 31 March , providing strong support to fund the Company's growth strategy and execute on planned work programs • Subsequent to quarter - end , 3D printing industry veteran Tuan TranPham was appointed to Amaero's Global Advisory Board . Mr TranPham is well known as an industry expert and leading business development executive within the 3D printing industry . Amaero International Limited ( " Amaero " ) , ( the " Company " ) ( ASX : 3DA ) , a leader in metal additive manufacturing , is pleased to present the Company's Appendix 4C and accompanying activities report for the period ending 31 March 2021 ( " Quarter " , " Reporting Period ” ) . Commenting on the Quarter , Amaero International Limited CEO , Barrie Finnin said : " Amaero continues to execute on its strategy of building the world's leading 3D printing company . During the quarter we signed some significant new purchase orders and strategic agreements . " The purchase order from Nissan Casting Australia highlights the benefit that quality 3D components can have in reducing the significant costs associated with rejects in casting within the global auto industry . Amaero International Limited ( ABN : 82 633 541 634 ) Level 1 , Tonsley Boulevard , Clovelly Park , SA , Australia 5042 T : +61 3 9905 9847 info@amaero.com.au www.amaero.com.au