• Revenues up 59% to $236,736
• Loss after tax increased 52% to $2,586,107
• Continued progress on micro gas turbine development

Aurora Labs Limited (A3D), an Australian industrial technology and innovation company, has reported its financial results for the half-year ended 31 December 2024. The company's revenues increased by 59% to $236,736, while the loss after tax grew by 52% to $2,586,107. Despite the increased loss, the company made significant strides in its core business areas. A3D advanced the development of its 200N and 400N thrust-class micro gas turbines, leveraging its in-house 3D printing capabilities to rapidly prototype and refine the turbine designs. The company also secured a $300,000 order for propulsion system components from the Australian Defence Force and expanded its Industrial Print Services Bureau to meet growing demand. Additionally, the Australian government continued to support small-to-medium enterprises (SMEs) in advanced manufacturing, strengthening A3D's position in the sovereign defence and aerospace innovation sectors. Looking ahead, the company plans to finalize large-scale contracts for micro gas turbines, increase serialized production, and participate in key industry events to showcase its technology and strengthen relationships with defence and industrial partners.

The company did not provide any high-importance, price-sensitive forward-looking financial metrics in the announcement.

Looking ahead to 2025, A3D plans to finalize large-scale contracts for micro gas turbines and increase its serialized production to drive cost efficiencies. The company will also continue its engagement with Defence and industrial partners to further expand its market reach.