Amaero Publishes September 2025 Quarterly Activities Report

About this update from Amaero Ltd

MCDONALD, Tenn., Oct. 23, 2025 (GLOBE NEWSWIRE) -- Amaero Ltd (ASX:3DA) (OTCQB: AMROF) (“Amaero” or the “Company”), a leading U.S. domestic producer of high-value C103, refractory alloy, and titanium powders for additive and advanced manufacturing of components utilized by the defense, space, and aviation industries, is pleased to provide an overview of its operations to accompany the Appendix 4C for the quarterly period ending 30 September 2025 (“Quarter”, “Reporting Period”). Highlights Hank J. Holland, Amaero’s Chairman and CEO, commented, “The September quarter marked a major inflection point for Amaero as revenues increased by approximately 455% over the same period a year ago and production of finished powder increased by approximately 240% over the prior quarter. Though revenue growth was very strong, we were short of the A$5.5 million guidance due to unfilled orders resulting from manufacturing shortfall. We begin the current quarter with a backlog of unfilled Q1 FY2026 orders of approximately A$0.5 million. In anticipation of scaling production by 500%-600% year over year, I have re-located with my family to Chattanooga, we have added seasoned manufacturing management, re-structured the operations team and we have ordered additional powder processing equipment that will be commissioned in Q2 and Q3 FY2026. “The development of First Article parts for a defense prime contractor and continued progress with Boeing reflects growing industry confidence in our PM-HIP capabilities as a viable substitute for large castings and forgings. After 18 months of commercial engagement with the maritime industrial base, we expect to receive additional contracts in Q2 or Q3 FY2026. “We remain focused on pursuing long-term, strategic partnerships with industry leading businesses that bring capabilities and/or vertical market penetration that’s complementary to Amaero’s existing partnerships. We are particularly pleased to complete the 12-month C103 material improvement and testing initiatives with Castheon / ADDMAN, to satisfy Velo3D’s qualification condition — unlocking initial purchase orders for C103 and Ti64 powders — while also formalising our five-year exclusive supplier agreement with Titomic, positioning Amaero as a key enabler in the adoption of cold spray technologies for mission-critical defense and aerospace applications. “We have maintained a disciplined allocation of capital coupled with a commitment to lean-in with bold capital investment initiatives that are focused on addressing critical vulnerabilities in the U.S. domestic supply chain and on establishing modern, resilient, scalable and cost advantaged sovereign manufacturing capabilities. During the Reporting Period, Amaero completed a A$50 million Placement that was strongly supported by institutional investors. The proceeds will be used to pull forward growth and cost reduction initiatives that had been planned for FY2027 and beyond — building on our largest U.S. domestic production capacity for refractory and titanium spherical powders and advancing Argon recycling capabilities that further improve our competitive unit cost position. “We remain resolutely focused on execution, innovation, and unlocking long-term value for shareholders.” Related Party Payments Pursuant to ASX Listing Rule 4.7C.3 and as disclosed in Item 6.1 of the attached Appendix 4C, during the Quarter A$517,354 was paid in respect of Directors’ fees, remuneration of Executive Directors, and consulting fees to entities associated with Directors. Events Subsequent to Balance Date On 3 October 2025, the Company received US$5.7 million of proceeds from EXIM Bank equipment financing loan. Investor Briefing Amaero Chairman and CEO, Hank J. Holland will host an investor briefing on Friday 24 October 2025 at 11:00 AEDT. The investor briefing will be recorded and posted to Amaero’s website. To pre-register for the briefing, please use the link below: https://janemorganmanagement-au.zoom.us/webinar/register/WN_TDMzQBK-STuXA6P8Y0NUbA This announcement has been authorised for release by the Board of Directors. For further information, please contact: Amaero Ltd Hank J. Holland Chairman and CEO [email protected] Media & Investor Enquiries in Australia Jane Morgan Director [email protected] Media & Investor Enquiries in United States Shannon Devine MZ Group [email protected] About Amaero Amaero Ltd (ASX:3DA, OTC:AMROF) is an ASX-listed company with manufacturing and corporate headquarters located in Tennessee, U.S. Amaero is a leading U.S. domestic producer of high-value refractory and titanium alloy powders for additive and advanced manufacturing of components utilised by the defense, space, and aviation industries. The technical and manufacturing team brings decades of experience and know-how with pioneering work in gas atomization of refractory and titanium alloys. The Company has commissioned advanced gas atomization technology with an industry leading yield of AM powder. The Company is also a leader in PM-HIP (Powder Metallurgy Hot Isostatic Pressing) manufacturing of large, near-net-shape powder parts with forged-equivalent material properties and microstructure for a variety of alloys. PM-HIP manufacturing is helping alleviate the strained domestic supply chain for large scale castings and forgings.

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