Aurora Wins $0.544 million Defence Grant
| Stock | Aurora Labs Ltd (A3D.ASX) |
|---|---|
| Release Time | 11 Jun 2025, 9:10 a.m. |
| Price Sensitive | Yes |
Aurora Wins $0.544 million Defence Grant
- Aurora selected as a priority sovereign industrial manufacturer for defence applications
- Funding to be applied towards critical production equipment to allow for production onshore
- Investment will allow Aurora to vertically integrate core production stages of its propulsion systems
Aurora Labs Limited (ASX: A3D), an Australian leader in industrial 3D metal printing and printed propulsion technologies, has been awarded a Defence Industry Development Grant under the Sovereign Industrial Priorities Stream. The grant, amounting to $544,333 on a 50/50 co-investment basis, will support the acquisition of advanced manufacturing equipment to scale Aurora's production capacity for gas turbine propulsion systems, alongside supporting maintenance and production of parts for the defence industry aerospace or maritime applications at its Canning Vale facility in Western Australia. The Sovereign Industrial Priorities Stream assists eligible SMEs in acquiring manufacturing plant and equipment directly used to develop and deliver programs aligned with Australia's Sovereign Defence Industrial Priorities, such as the development and integration of autonomous systems and the domestic manufacture of guided weapons and explosive ordnance. The grant funding will directly support the acquisition and installation of advanced capital equipment, workforce training, and the integration of high-precision machining and thermal management systems to scale propulsion system production. This investment will allow Aurora to vertically integrate core production stages of its propulsion systems onshore, reducing dependence on foreign supply chains, strengthening national resilience, and ensuring continuity of capability in support of Australia's strategic defence posture.
Aurora is in discussions with third-party lenders to provide the matching funds on commercial terms to ensure timely delivery of the equipment. All grant-supported activities are required to be completed by 28 March 2026.
This development comes as the Company prepares for incoming orders of its proprietary propulsion systems for UAV applications, which represent a key area of innovation and market demand within the Defence sector.