Aurora says the next phase of the go to market strategy is to be launched at its upcoming AGM on 11 November 2021.
A3D Chief Executive Officer, Peter Snowsill, said that completing Milestone 4 was a significant step for Aurora Labs.
"With Milestone 4 we have demonstrated the validity of our technology and printing outputs. Critically, our technology fits a gap in the market for a high productivity, mid-range,, mid-cost machine, which is a market segment with substantial growth potential as additive manufacturing use expands.
“Now that we have expert opinion and validation from a reputable third party, it is time to move into the next phase, commercialising A3D technology.
"We are exploring and refining our thinking around our go to market strategy and the best partnership models to pursue for the most effective pathway to market for the technology. We will have an update for shareholders around our strategy to this effect at the forthcoming AGM,” Snowsill said.
Aurora list highlights of its technology as:
- A3D core printing technology offers a solution to current market gap for a high productivity, mid-range, mid-cost machine
- Independently validated by respected additive manufacturing experts as “Best-in-class optics, controlling 4 x 1.5kW lasers for high productivity printing
- Printing demonstrates qualified parameters deliver to customer requirements for quality, functionality, and production costs
- Next phase of the go to market strategy to be launched at upcoming AGM(11 November2021)
To view the full Aurora ASX Announcement click here.