Aerospace components group Amaero (ASX: 3DA) has struck a deal with Boeing that will see the Australian company build evaluation parts from its Melbourne factory to supply the world's largest commercial and military aircraft producer.
The additive manufacturing company, a former start-up that was established in 2013 through the Monash Centre for Additive Manufacturing and listed on the ASX in December last year, specialises in the 3D printing for the defence, aerospace and automotive sectors.
While it has announced the purchase order from Boeing, it has not disclosed the value of the order or from which of its divisions it was received.
Amaero is Australia's largest metal 3D printing company and now supplies 3D printing services, machines and metal powders to some of the world's largest manufacturers in these sectors.
The company produces large format complex components in metal with laser-based additive manufacturing processes, also known as 3D printing.
Amaero has manufacturing bases in Melbourne, Adelaide and Los Angeles. It will also be producing parts from its El Segundo, California, facility to fulfill the current Boeing order.
Amaero CEO Barrie Finnin says the Boeing order "confirms and strengthens Amaero's long-term strategic direction".
"The purpose of Boeing's global supply chain program is to provide access to companies like Amaero to identify opportunities to support global programs within Boeing," he says.
"We have worked closely with Boeing's global supply chain people to unearth a multitude of opportunities within several Boeing programs for Amaero to supply prototypes and production.
"We look forward to working on the evaluation parts in our facilities in Melbourne and El Segundo and continuing to build our relationship."
Boeing produces commercial and military aircraft, satellites, weapons, electronic and defence systems, launch systems, advanced information and communication systems, and performance-based logistics and training.
In August, the company announced it had received a purchase order from emerging Gold Coast-based rocket developer Gilmour Space to manufacture two rocket engine components.
Amaero chairman David Hanna told shareholders at the AGM last month that the company has signed contracts with leading tier one companies across diverse industries as additive manufacturing delivers cost, time and quality efficiencies.
"Despite the unavoidable disruption, which has impacted on our ability to engage as directly and actively with our clients as wanted to, the Amaero team has worked diligently over the past months to continue to advance these agreements," Hanna said.
Amaero is working on expanding its operations globally with plans for a titanium powder manufacturing facility in Australia and a 3D printing centre in the Middle East.
Business News Australia