Australian-listed company Amaero International Ltd will build a titanium powder manufacturing facility in Khalifa Economic Zones Abu Dhabi (KEZAD).
The first phase of the development in Khalifa Economic Zones Abu Dhabi is expected by end of 2024
The two-phase development will be 21,000sqm in total and include a laboratory, titanium powder production through gas atomisers, powder processing and titanium recycling plant.
A lease is expected to be signed between KEZAD, which is fully owned by AD Ports Group, and Amaero in the second quarter of 2023, with the first phase to be delivered by the end of 2024, AD Ports said in a statement to Abu Dhabi Securities Exchange (ADX) today.
About Amaero International Ltd
Amaero International Ltd (ASX:3DA) manufactures large-format complex components in metal with laser-based additive manufacturing processes, commonly known as 3D printing. Amaero has worked with many of the world’s leading manufacturers of aerospace and defence products in both an R&D and manufacturing capability, and has a demonstrated ability to deliver aviation and military specification 3D printed alloy critical operation components. Amaero is headquartered in Melbourne, Australia and operates two additional facilities, in Adelaide, South Australia, and El Segundo, California, USA. Amaero was established with the support of Monash University in 2013 to take advantage of commercial opportunities identified by the Monash Centre for Additive Manufacturing (MCAM).
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