Amaero: Signs research agreement with Fletcher Insulation
- Advanced 3D printing company Amaero (3DA) has signed a research agreement with Fletcher Insulation
- Under the terms of the agreement, Amaero will develop and test a new tooling production technique for Fletcher’s manufacturing facilities
- The companies will then work together to commercialise the opportunity
- Amaero’s immediate short-term strategy is to focus on tooling and prototyping work
- A Frost & Sullivan industry report projected the tooling market to grow almost 40 per cent to $5.43 billion by 2025
- Amaero is up 2.8 per cent on the market today, with shares trading at 18.5 cents each as at 3:40 pm AEST