Amaero secures initial PO from space technology company

Metal additive manufacturing company Amaero has received a purchase order from Gilmour Space Technologies for the manufacture of two rocket motor components with the opportunity to provide further manufacturing services, subject to the success of the initial project.

The Project is consistent with Amaero’s growth strategy and the Company aims to build a long term relationship with Gilmour Space. Under terms of the purchase order, which are commercially sensitive, Gilmour Space will pay fees to Amaero for manufacturing services.

Gilmour Space Technologies is a venture capital backed Australian rocket company, developing new capabilities for launching small satellites to space, and has worked with leading organisations including NASA, The Australian Space Agency and Queensland Defence Science and Technology.

At the moment, the aerospace industry is a high growth market forecasted to grow to US$3.6bn by 2025 (CAGR of 13.2 per cent ) .

“We are very pleased to be working with Gilmour Space to produce these initial rocket motor components, and look forward to the opportunity for further purchase orders. Gilmour Space is a key local partner for us in the space industry and we look forward to collaborating with them on a long term basis,” Amaero International Limited CEO, Barrie Finnin, said.