News & Media

Amaero engineering to raise $8 Million

Author:
Peter Roberts
Published:
November 15, 2019

Amaero engineering to raise $8 Million

Additive manufacturing company Amaero International (ASX: 3DA) is seeking $8 million from investors to list on the Australian stock exchange and expand its operations.

PAC Partners and Jane Morgan Management are roadshowing the Monash University spin-out, previously known as Amaero Engineering, to investors this week along with executives Barrie Finnin and Stuart Douglas.

The company will have an indicative market capitalisation of $34.9 million at maximum subscription, and will used the funds raised to buy equipment, undertake R&D and for working capital.

Amaero specialises in the manufacturing of large format complex components in metal using laser-based additive manufacturing processes.  

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