Amaero International raises $25m for additive metals

Additive manufacturer Amaero International has completed an upsized institutional placement to raise $25 million following strong support from existing institutional shareholders as well as from new Australian and international institutions. The company will use funds raised primarily to fund the purchase of capital equipment including a second atomizer and improvements to the company’s headquarters in…

Amaero invests $71 million in additive future

Additive manufacturing technology company Amaero International has revealed that its capital expenditures over the 3-year period of FY2024-FY2026 was $71.3 million. The company also said that capital expenditure for FY2024 was $11.2 million, compared to earlier estimates of $18.6 million, with $7.4 million of capital expenditures budgeted for the year deferred to FY2025. Amaero did…

Manufacturing news briefs — stories you might have missed

Victorian government announces Skills Solutions Partnerships Program Victorian industry minister Natalie Hutchins announced the $10 million Skills Solutions Partnerships Program at the 2023 Victorian Manufacturing Showcase on Tuesday. As part of the program, government, industry, TAFEs and universities will co-design and pilot new training courses in manufacturing, digital, construction, clean economy, healthcare and social services,…