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Amaero Secures A$22M Placement, Fully Funded for FY2026 Commercialisation
9:01am on Monday 2nd of June, 2025 AEST
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Manufacturing
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Amaero Secures A$22M Placement, Fully Funded for FY2026 Commercialisation
9:01am on Monday 2nd of June, 2025 AEST
Key Points
A$22 million institutional placement completed at A$0.30 per share
Placement fully subscribed by existing and new institutional investors including U.S. entrant
Total equity raised since May 2022 reaches A$98.5 million
Pro forma cash balance of approximately A$41.5 million plus A$37.8 million EXIM Bank loan
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