Technology
Amaero Resumes Titanium Powder Production
MCDONALD, Tenn., July 09, 2026 (GLOBE NEWSWIRE) -- Amaero Inc. (ASX:3DA) (Amaero or the Company) is pleased to share that it has resumed titanium powder production. Key Points Following a six week pause, titanium powder production has resumed.In conjunction with Jensen Hughes, a leader in safety and risk-based engineering, the Company completed a comprehensive review of process, systems and facility safety with resulting remediation and improvements.During the production pause, there were no pur
About this update from Amaero Ltd
MCDONALD, Tenn., July 09, 2026 (GLOBE NEWSWIRE) -- Amaero Inc. (ASX:3DA) (Amaero or the Company) is pleased to share that it has resumed titanium powder production. Key Points Following safety incidents in May1, we committed to "lean in" and to take proactive measures to improve the safety of our operations and to position the operations for future growth and scale. The Company paused titanium powder production so that it could solely focus its efforts on a comprehensive review of process, system and facility safety with resulting remediation and improvements. The review was led by Amaero's leadership team, advised by senior consultants from Jensen Hughes, and informed by technicians, operators, maintenance and facilities staff. Though we are mindful of our customers' need for reliable and timely supply of powder, we committed to a "Safety First" approach for the safety review and remediation process. Throughout the safety review and remediation process, we have collaborated closely with the Cleveland Fire Department, City of Cleveland, Bradley County and the State of Tennessee. We have welcomed the engagement and Amaero has communicated in a transparent and proactive manner. Hank J. Holland, Amaero's Chairman and CEO, commented: "Following the safety incidents in May, the Board and leadership team made an explicit decision to lean in, to pause titanium production and to complete a comprehensive review of process, system and facility safety. A partial list of resulting remediation and improvements include enhancements to standard operating procedures, changes to equipment layout on factory floor plan, designation of "hot zones," re-location of control panels for remote activation, increased use of sensors, removal of PVC exhaust piping, re-design of dust filtration and exhaust systems, more stringent PPE practices and improvements to bonding and grounding. This will not be a one-time exercise, but will be permanently imbedded in the culture and foundational manufacturing practices. I'm humbled and grateful for the steadfast support and dedication of our employees, customers, government stakeholders and investors. As we begin a new fiscal year, Amaero is well positioned with completion of its 3-year capital investment plan and commissioning of scaled production capacity. We just completed a record revenue quarter and we have a very strong contracted backlog for the balance of the calendar year.