Monday, March 4News That Matters
Shadow

Amaero International sets course for commercial production as build of Tennessee plant continues

–News Direct–

Amaero International CEO Hank Holland joined Steve Darling from Proactive to discuss the company's plans to establish a critical metals powder manufacturing facility in Tennessee in the US.

This facility will initially focus on the production of C-103, a Niobium alloy known for its high-performance and heat-resistant qualities essential for hypersonic and space applications. The company has recently announced a raise of $10 million to aid in the construction. The 100,000-square-foot facility will house the world's most advanced gas atomizer, catering to defense, aerospace, and space industries.

The nature of Amaero's work, involving export-controlled technologies, aligns with US and allied customers, particularly US Defense primes and close allies like Australia and the UK. The strategic plan involves intensive restructuring and relocation, with milestones including facility design completion, equipment installation, and commercial production initiation by January 2025.

Additionally, Holland outlined Amaero International's roadmap towards commercial production, with the aim of completing several initiatives by the end of 2024. These include finalizing the floor plan for the Tennessee facility, ordering the second atomiser, and fully commissioning the first gas atomiser along with the requisite ancillary powder and processing equipment.

The company is currently sourcing feedstock supply and preparing to staff the initial shift of a three-shift operation.

Contact Details

Proactive Investors

+1 604-688-8158

[email protected]

View source version on newsdirect.com: https://newsdirect.com/news/amaero-international-sets-course-for-commercial-production-as-build-of-tennessee-plant-continues-822813703

Amaero International Ltd

comtex tracking

COMTEX_444133787/2655/2023-11-28T10:33:12

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No journalist was involved in the writing and production of this article.