Amaero signs A$7.8 million titanium powder supplier agreement
Amaero Ltd (ASX: 3DA, OTC: AMROF) announced it has entered a Master Purchasing Agreement that includes a purchase order for titanium alloy powders valued at A$7.8 million, according to a company statement.
The agreement establishes a minimum commitment of A$7.8 million with equal quarterly shipments scheduled from July 2026 to June 2027. The customer is described as a private equity-backed manufacturing technology and advanced materials business.
The customer may submit additional purchase orders to exceed the minimum commitment amount. The customer expects orders in fiscal year 2027 will surpass the minimum commitment level.
Amaero plans to increase titanium powder production in fiscal year 2027 by approximately 100% compared to fiscal year 2026. The Tennessee-based company produces refractory and titanium alloy powders for additive and advanced manufacturing components used in defense, space and aviation industries.
The company has commissioned two advanced EIGA Premium atomizers with a third expected to be commissioned in June. Amaero also reported orders to atomize five different refractory alloys in the current quarter.
"Commercial activity across both segments of Amaero's business is strong," said Chairman and CEO Hank J. Holland. "We are excited to secure a contract for titanium powder shipments in FY2027 that approximates total titanium powder sales in FY2026."
Holland noted the company has been developing titanium powder opportunities over the past 6-12 months, with several potentially exceeding 100 tonnes of annual demand. The company also expects to finalize a strategic contract for refractory powder development by the end of the fiscal year.
