Amaero has secured a loan of AU$38 million from the Export-Import Bank

Jan 09, 2025

Amaero International Limited (ASX: 3DA) announced that its U.S. subsidiary, Amaero Advanced Materials & Manufacturing Inc., has secured a US$23.5 million (AU$37.8 million) direct loan from the Export-Import Bank of the United States. This funding is part of EXIM's "Make More in America" initiative to bolster U.S. supply chain resilience and advance manufacturing capabilities.

This approval follows a rigorous due diligence process and underscores the strategic importance of Amaero's advanced materials and additive manufacturing capabilities. Amaero is the first company in advanced materials manufacturing to benefit from EXIM's MMIA program. With this loan, Amaero plans to scale its production of C103, refractory, and titanium alloy powders, essential for space and aerospace sectors. Positioned to be the largest U.S. manufacturer of these critical materials, Amaero's growth will support domestic manufacturing and exports, reinforcing its role in U.S. national security and economic vitality.

 

 

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