Emerging metal 3D printing giant

55M shares @ 20c giving an IPO valuation of $11M
Enterprise Value only $8M
Highly disruptive, patented ground breaking technologies in 3D metal printing
Attracting interest from Tier 1 companies like Alcoa, Airbus, NASA, Siemens (see link below)
Targeting US3.8 trillion dollar metal manufacturing market (Metal Manufacturing Global Report 2016)
Only raising $2.8M (offer closed early)
Commercial production and sales of SFPs (small format printers) targeted by December 2016
No need for large capital injection now. Hoping to be cash flow positive by Dec 2016.
Prototypes for medium and large format printers currently being built
LFP designed to print metal parts 100X faster than currently available
LFP designed to print one tonne metal parts in 24 hours
Co-founder David Budge retaining 44% at IPO
No sell down by management and four directors purchasing IPO shares (refer prospectus P94)
Already pre-sold 31 SFPs (Refer P5 of prospectus)
Around 70% of shares escrowed for between 12-24 months
UWA Professor Tim Sercombe states Aurora Labs is at the forefront of 3D printing globally (refer article below)

https://au.news.yahoo.com/thewest/wa/a/29412321/nasa-calls-on-3-d-printer-maker/#page1

http://www.emi.uwa.edu.au/news/uwa-working-transformational-3d-printing