Amaero said for the first quarter of FY2026 it expects revenue of approximately A$5.5 million – representing a 550% increase on Q1 FY2025 and exceeding the total revenue achieved in the entire FY2025 period by 145%. The company started FY2026 with contracted revenue covering around 80% of planned 1H FY2026 revenue and, as at mid-August, has secured approximately 90% of planned Q2 FY2026 revenue.
Amaero produces refractory and titanium alloy powders for additive and advanced manufacturing of components utilised by the defence, space, and aviation industries. Amaero reaffirmed its outlook to significantly scale revenue in FY2026 and target positive EBITDA in FY2027.
The company’s commercial pipeline continues to expand, underpinned by:
- Defence contracts – Delivery of First Article parts to a U.S. Department of Defense Prime Contractor is expected in September or October 2025. First Article Qualification marks a critical step toward production contracts and further validates PM-HIP manufacturing as a proven substitute for large castings and forgings.
- Strategic aerospace collaboration – Amaero has entered a development partnership with The Boeing Company, combining Amaero’s expertise in PM-HIP manufacturing with Boeing’s extensive materials and manufacturing capabilities.
- Powder orders from multiple industries – Orders from 14 customers for Niobium C103, pure Niobium, Tungsten (WHA), TZM, and Titanium (Ti64) will ship in Q1 FY2026.
Amaero Chairman and CEO, Hank J. Holland, said: “Though we don’t routinely provide financial guidance, given the inflection point of our business and numerous requests from investors, we felt it important to update investors. We are very pleased that the transition to commercialisation is underway. We expect to achieve revenue of approximately A$5.5 million in Q1 FY2026. This reflects a 550% increase over Q1 FY2025 and an increase of 145% over the entirety of FY2025. Further, through mid-August, we have contracted revenue for approximately 90% of Q2 FY2026 planned revenue. Importantly, we have a strong pipeline of commercial opportunities that include defence contracts, long-term strategic supplier agreements, development collaboration agreements and purchase orders.”
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