A3D - Aurora Labs

[Dona Ferentes]

ASX Price and Volume - Query ASX refers to the following:
A. The change in the price of A3D’s securities from a low of $0.074 to a high of $0.12 today.
B. The significant increase in the volume of A3D’s securities traded today, 6 July 2020
NO

A3D did put out an Ann on 01 July; maybe it just took a while to get out there (chatrooms?)

Still around 10c.

(don't hold)

 

[Miner]

just looking at AL3, and then I remembered this one

Oh dear. Looking rather terminal.
View attachment 104408

Looking like today's price hike resembles like dead cat bounce.
DNH

 

[Dona Ferentes]

• Aurora receives firm commitments to raise $2 million in oversubscribed Placement at $0.085 per share.
• Aurora to launch $1 million Share Purchase Plan with oversubscriptions of $0.5 million at $0.085 per share.
• Placement introduces a number of new significant institutional and sophisticated investors.
• Funds will primarily be applied to the new development pathway for RMP-1 printer.

not for me. Pretty big slug for what is only a $12mill company. (those long-suffering shareholders must be loyal) (DNH)

 

[Dona Ferentes]

is the life; is there hope?

1. Not Aware

2. Not applicable.

3. On 5 February 2021, the Company updated the market with an ASX release “A3D Delivers Fume Extraction Milestone”. The achievement of this milestone is a significant step in advancing the Company’s 3D metal printing technology towards commercial readiness, scheduled to be completed by mid 2021. The Company has also had a positive response to the video included within the ASX Release which demonstrates the positive impact the fume extraction upgrade has had on print speed.

The Company is pleased with the progress it is making towards this major commercial milestone and is of the view that the market is re-rating the Company as it progresses along the technology pathway towards commercial readiness.

4. In Compliance


real-time video ; https://www.auroralabs3d.com/a3d/content/company/videos/files/20210204.mp4

(DNH)

 

[Faramir]

In my normal end of month mad rush to find any random for the stock picking comp. I am choosing A3D.

why?? I don’t know?

Here’s the shocking Annual Report. Go to Page 26 for Cash Flow, it seems to be a bit better??

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02413937-6A1047615?access_token=83ff96335c2d45a094df02a206a39ff4

 

[Faramir]

Here’s Page 26 of the above PDF or Page 24 of their report.

 

[Garpal Gumnut]

This little piglet seems to have had a run up over the last two days. A 3D printing outfit, possibly heavy industry orientated.

It has traded as high as $4 just on 5 years ago but not since then.

gg

 

[Dona Ferentes]

This little piglet seems to have had a run up over the last two days. A 3D printing outfit, possibly heavy industry orientated.

It has traded as high as $4 just on 5 years ago but not since then.
gg

now 5.7c .... and a tilt ... from a drone article from Criterion

CRITERION: As the use of military drones intensifies, these ASX stocks are taking flight - Stockhead

While Droneshield grabs the headlines, other ASX companies are vying for a share of the $US10 billion military and security drone market

stockhead.com.au

..the $20 million market cap 3D printer Aurora Labs (ASX:A3D) .... serviced the oil and gas sector but has decided to focus solely on defence.

Aurora’s pièce de résistance is a microgas propulsion turbine, designed to propel heavier drones over long-range flights of up to 1,000 kilometres (which battery-powered engines can’t do).

The Perth-based company is “actively engaged” with the Australian Defence Force and its suppliers, whilst highlighting its credentials as the only sovereign supplier of these units.

CEO Rebekah Letheby says each UAV has its own requirements in terms of range and weight, or they might need to carry a specific payload.

“With our 3D printing we can modify the design to suit the specific platform,” she says.

Aurora’s key route to the defence heavies is by way of a memorandum of understanding with the WA-based Innovaero, which is prototyping drones in joint venture with prime defence contractor BAE Systems.

Letheby says the company only has been working on its turbine for seven months, but expects “transformational” contracts in the next 12 to 18 months. The company last year generated a modest $174,000 in revenue from legacy oil and gas work.
.
.
and from their 23 Aug announcement:

.." ... the AL250 3D Metal Printer, designed, engineered and built in Australia by Aurora Labs is now available for printing in the Company’s industrial printing services facility based in Perth.

"Parts printed in Inconel 625 have been processed for the development of new production printing parameter window, tuned to the AL250, setting a baseline for printing parts in this widely used nickel based, super alloy found in aerospace and many industrial applications including oil and gas components or aerospace
rocketry for excellent thermal, corrosion resistance and fatigue properties. The data achieved for the Inconel 625 properties includes hardness as built 315 HV10 and part density at 8.4g/cm3.

"The team looks forward to printing full-scale micro gas turbines in this alloy and developing further print applications to expand its product offerings in the area of micro gas turbines and related parts.