Aurora Labs and Aramco Sign MoU for Collaboration

Aurora Labs Limited (ASX: A3D) has recently entered into a non-binding Memorandum of Understanding (MoU) with Aramco, a prominent global company specializing in integrated energy and chemicals. The MoU was signed following a visit by senior Aramco executives to Aurora Labs' facility in Perth. The agreement outlines potential areas of collaboration between the two companies, particularly focusing on new technologies.

Under the MoU, Aurora Labs and Aramco will explore cooperation in various fields, including the exchange of information regarding Aurora's upcoming AL250 metal 3D printer, its high-power printing capabilities, and its patented MCPTM technology. Additionally, the agreement includes information sharing about the Saudi Arabia and GCC markets, as well as potential joint development opportunities in the 3D printing business.

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