Company Interview / Amaero’s manufacturing expansion secures US$23.5M loan

Hank Holland from Amaero International (ASX:3DA) discusses the company's recent US$23.5 million loan approval from the Export-Import Bank of the US. Hank highlights that the loan will finance crucial capital equipment at their Tennessee facility, bolstering production capacities for high-temperature alloy powders used in additive manufacturing .

He discussed the significance of this loan as the first approved for advanced materials and additive manufacturing under the Make More in America Initiative. This aligns with US policies on reshoring critical manufacturing capabilities, aiding national security and economic vibrancy, especially in aerospace and defence sectors.

Hank shares plans for transitioning to commercial operations, including securing long-term agreements as a preferred supplier and finalising a capital raise by year-end. With funding from the loan, Amaero (ASX:3DA) International aims to achieve analysts' revenue and EBITDA projections