Ann: Investor Briefing Recording, page-5

I watched this again, plus a few others so I know I'm not totally mad. But here is what we know and what I believe could happen by 30th June. But they may just be smaller contracts who knows? Hank has emphasized in various statements, including webinars and interviews, that large multinational companies are reshoring advanced and additive manufacturing (AM) to the United States to address supply chain vulnerabilities and align with U.S. policies like the Make More in America initiative. Amaero’s strategic focus on producing high-performance refractory and titanium alloy powders, as well as near-net-shape components via 3D printing and hot isostatic pressing (HIP), positions it to serve industries such as aerospace, defense, and space. Hanks’s comments suggest Amaero is targeting contracts with major players in these sectors, with expectations of signing one or two significant contracts before June 30, 2025, as part of its commercialization strategy for FY2026. IS THIS WHY DIRECTORS ARE BUYING ON MARKET? So no blackout period as it's been announced to the market already???? (I'm sure someone will tell me if I'm wrong on this )

While no specific webinar transcript explicitly names the multinational companies Amaero is negotiating with, the context provided by Hank’s statements, Amaero’s existing partnerships, and industry trends point to several likely candidates, particularly in aerospace and defense. Below, I've analyzed potential multinational companies that align with Amaero’s capabilities and the reshoring trend, focusing on those likely to engage in advanced and additive manufacturing contracts with Amaero before June 30, 2025.

Based on Amaero’s market focus, its existing partnerships, and the reshoring activities of major U.S.-based multinationals, the following companies are strong candidates for the contracts Holland referenced:

1. GE Aerospace
   • GE Aerospace is investing nearly $1 billion in 2025 to expand U.S. manufacturing across 16 states, with a focus on additive manufacturing and advanced materials like ceramic matrix composites (CMCs) for engines like the CFM LEAP and GE9X. Key facilities in Auburn, AL; Huntsville, AL; Asheville, NC; and West Chester, OH, are scaling AM capabilities for commercial and military applications (e.g., F404, F414, T700 engines). This aligns with Amaero’s expertise in 3D printing and refractory powders like C103, critical for high-temperature engine components.
   • GE Aerospace’s leadership in AM (e.g., 3D-printed parts in the GE9X) and its need for domestic suppliers of refractory and titanium alloy powders make it a prime candidate. Amaero’s Tennessee facility and ITAR certification are well-suited to supply GE’s military and commercial programs, especially as GE aims to reduce reliance on foreign supply chains amid tariffs and geopolitical risks.
   • High. GE’s scale, focus on AM, and alignment with U.S. reshoring policies make it a likely partner. Amaero’s $22 million deal with Velo3D, which qualifies Amaero’s powders for aerospace applications, suggests it can meet GE’s stringent standards.
     
   
   
2. Boeing
   • Boeing, a long-standing Amaero client, is under pressure to strengthen its U.S. supply chain due to tariffs, supply chain disruptions, and national security priorities. Boeing has been expanding domestic production, particularly for military programs like the F-15, F/A-18, and MQ-25, as well as commercial aircraft like the 737 MAX. The company has invested in AM for titanium parts and complex geometries, with facilities in the U.S. adopting 3D printing to reduce costs and lead times.
   • Amaero’s experience supplying Boeing with AM components and its focus on C103 and titanium powders for aerospace applications align directly with Boeing’s needs for lightweight, high-strength parts for aircraft and defense systems. Amaero’s ISO 9001, AS9100, and ITAR certifications ensure compliance with Boeing’s requirements. A contract could involve expanding existing agreements to include powder supply or larger-scale AM production.
   • Amaero’s established relationship with Boeing and Hank’s emphasis on defense and aerospace clients make Boeing a top candidate. The company’s push to localize supply chains, especially for hypersonic and missile programs, further supports this.
3. Raytheon Technologies (RTX)
   • Raytheon, another existing Amaero client, is a major player in defense, producing missiles, radar systems, and aerospace components. The company is investing in U.S.-based manufacturing to support hypersonic and strategic missile programs, which require advanced materials like C103 for high-temperature applications. Raytheon’s Collins Aerospace division also uses AM for aircraft components, aligning with Amaero’s capabilities.
   • Amaero’s expertise in refractory powders (e.g., niobium, molybdenum) and PM-HIP for near-net-shape parts is critical for Raytheon’s hypersonic and missile programs, which Holland has highlighted as a growth area (62% CAGR for C103 demand by FY2028). Raytheon’s need for a resilient domestic supply chain, especially for ITAR-compliant components, matches Amaero’s Tennessee-based production and certifications.
     
   • Amaero’s prior work with Raytheon and its strategic focus on defense applications make a new or expanded contract plausible before June 30, 2025.
4. Lockheed Martin
   • Lockheed Martin is a leader in aerospace and defense, producing the F-35, hypersonic weapons, and space systems. The company has been increasing U.S. manufacturing to meet Department of Defense (DoD) requirements and reduce reliance on foreign suppliers, particularly for critical materials like titanium and refractory alloys. Lockheed has adopted AM for complex parts, including satellite components and missile systems.
   • Amaero’s C103 and refractory powders are ideal for Lockheed’s hypersonic and space programs, which require materials that withstand extreme conditions. Its partnership with NASA Marshall Space Flight Center and the Air Force Research Laboratory (AFRL) positions Amaero to engage with Lockheed on DoD-funded programs. A contract could involve supplying powders or AM components for missiles or space applications.
     
   • While Amaero has not publicly confirmed a direct relationship with Lockheed, its defense focus and strategic partnerships make Lockheed a plausible candidate, especially for hypersonic or space-related contracts.

• Hank has consistently highlighted Amaero’s role in addressing U.S. supply chain gaps, particularly for defense, aerospace, and space applications. In 2024-2025 interviews, he emphasized partnerships with “very large multinational companies” to reshore manufacturing. The $22 million Velo3D deal (May 2025) demonstrates Amaero’s ability to secure significant contracts with U.S.-based AM players, reinforcing its appeal to multinationals like GE, Boeing, and Raytheon.
  
  
• Hank’s mention of expecting one or two contracts before June 30, 2025, aligns with Amaero’s transition to commercialization in FY2026, supported by a $23.5 million EXIM loan and AU$22 million in equity raises. These funds will enable Amaero to scale its Tennessee facility, with four atomizers and an 800-tonne annual capacity for C103 and titanium powders, positioning it to meet large-scale orders.
  
• A Fairmont Consulting study projects a 62% CAGR for C103 powder demand by FY2028, driven by hypersonic, missile, and space programs. Hank has cited this as a key driver for Amaero’s business development strategy, targeting multinationals in these sectors.
  

Why did I focus on these particular companies?

• GE Aerospace, Boeing, Raytheon, and Lockheed Martin are heavily invested in AM and advanced materials for aerospace and defense, matching Amaero’s focus on C103, refractory powders, and PM-HIP components.
• These companies are responding to U.S. tariffs (e.g., 30% on Chinese goods), geopolitical risks (e.g., Taiwan earthquake), and DoD priorities to localize supply chains. Amaero’s Tennessee facility and ITAR compliance make it a strategic partner.
• Amaero’s prior work with Boeing and Raytheon increases the likelihood of expanded contracts, while GE Aerospace’s AM leadership and Lockheed’s defense focus align with Amaero’s market positioning.
• The size of these multinationals and their ongoing U.S. investments (e.g., GE’s $1 billion, Boeing’s F-35 production) suggest they can commit to significant contracts before June 30, 2025, matching Amaero’s timeline.

Who else could be possible clients?

• Northrop Grumman: A major defense contractor with AM applications in missiles and space systems. While they have no prior contact like Boeing or Raytheon with Amaero, its focus on hypersonics could lead to a contract.
• Honeywell Aerospace: Invests in AM for aircraft components and could seek domestic powder suppliers, but its smaller AM footprint compared to GE .
• SpaceX: A partner in GlobalFoundries’ semiconductor expansion, SpaceX uses AM for rocket components. Amaero’s space focus makes it a possibility, but they don't announce contracts usually and our supply likely would be through Addman.