A reminder that as Ann’d 23/09/2019 the RMP1 was already printing at 350kg per day speed and they are still optimising build speed and quality;
Aurora increases Rapid Manufacturing Technology (RMP1) Speed to 350kg per day
Highlights:
• Latest speed tests completed by Aurora Labs have demonstrated a print speed of 350kg/day (2000% speed improvement in 12 months)
• Speed achieved dramatically showcases the capability of the current model of the RMP1
• Important progress in the Company’s commercialisation path of its proprietary Rapid Manufacturing Technology (RMT)
Aurora Labs Limited (“Aurora” or “the Company” (ASX: A3D), is pleased to announce substantial increases in the speed of its Rapid Manufacturing Technology (RMT). Tests were carried out on the RMP1, which is the first model of the RMT range of metal printers.
The Company has been able to achieve these speeds during around-the-clock testing at its Perth research and development facility, focusing on optimisation of the printing process.
The Company’s priorities are to explore numerous pre-sale opportunities with current industry partners and potential new customers, whilst working to optimise both print speed and quality,
This result shows the RMP1’s speed and quality capabilities will allow printed metal parts to be manufactured at a price that is cost competitive with traditional manufacturing. Aurora Labs expects this achievement to trigger increased engagement with the Company around its disruptive and unique technology.
A3D Price at posting:
21.0¢ Sentiment: Buy Disclosure: Held
(ASX: A3D), is pleased to announce substantial increases in the speed of its Rapid Manufacturing Technology (RMT). Tests were carried out on the RMP1, which is the first model of the RMT range of metal printers.
