Amaero secures $32.3M to fast-track fourth atomiser and secure supply chain resilience
Amaero Ltd, based in McDonald, Tennessee, has announced a successful capital raise of approximately $32.3 million through a placement of 125 million new fully paid ordinary shares. The company will also offer up to around $1.9 million through a Share Purchase Plan (SPP), giving eligible shareholders the opportunity to invest at the same price as institutional participants.
While Amaero was already fully funded to deliver its $46.5 million capex programme and achieve positive EBITDA in FY2027, strong investor demand, particularly from those aligned with defence and USA reshoring strategies, prompted the Board to accelerate its timeline. The fresh capital will allow Amaero to advance initiatives originally planned for later years, strengthening its competitive position in the fast-evolving Additive Manufacturing landscape.
Amaero’s next phase includes ordering a fourth atomiser before year-end, progressing the design and build of an Argon gas recycling unit, and pursuing additional corporate development opportunities. These investments are aimed at securing its first-mover advantage, lowering costs, and ensuring long-term supply chain resilience.
Chairman and CEO Hank J Holland highlighted the strategic significance of the raise. “Over the past three years, Amaero has been deliberate with its corporate strategy, has made forward-leaning capital investments and has been disciplined with its allocation of capital. Prior to this placement, Amaero had raised A$98.5 million over 3+ years and approximately A$70 million resides on the balance sheet in cash and tangible assets. The Board and our leadership team are focused on the long-term opportunity. As we view the re-shoring of sovereign manufacturing and supply chain capabilities as a generational opportunity, we will continue to make thoughtful and well-reasoned investments that differentiate our market position, address the needs of our customers and align with U.S. priority policy initiatives.”
“We are gratified to have strong support of our existing institutional shareholders and to welcome new institutional investors onto the Amaero register. The Placement allows Amaero to accelerate orders of long lead time capital assets and to build upon the progress to date,” added Holland.
