Amaero Ltd (ASX:3DA) is a global specialist in advanced materials manufacturing for the defence, aerospace and other industrial sectors, developing a critical metals alloy powder manufacturing facility in Tennessee, USA.
In an ASX release on May 28, the company pushed out its guidance for when it will be EBITDA positive from FY26 to FY27, citing that the extended Continuing Resolution (CR) for the FY25 Congressional US budget and the Department of Defense programmes had contributed to the delay in revenue and new contracts.
The CR has paused “new starts” and “re-starts”, delaying expenditure.
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