Amaero (ASX:3DA) - Scarce U.S. Advanced-Manufacturing Platform with U.S. IPO Rerating Upside
2 September, 2026 · By Rahul Tiwari · Long-form
Overview
Amaero (3DA) is a U.S.-based advanced-materials manufacturer supplying high-value spherical metal powders for additive manufacturing, and near-net-shape components through PM-HIP, from its Tennessee operations. The platform addresses two structural U.S. supply-chain constraints, qualified advanced-metal feedstock and constrained casting and forging capacity, positioning Amaero to benefit from defense reindustrialisation and reshoring. FY26 revenue rose 376% to A$18.15m with contracted backlog of A$23.1m, and a Nasdaq listing is targeted for late CY2026 or early CY2027. GBA Capital's intrinsic valuation of A$0.73/share implies a potential upside of ~183% from the current price of A$0.25.
Report Details
- Category
- Commissioned Note
- Published
- 2 September, 2026
- Analyst
- Rahul Tiwari
- Format
- Long-form
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