US Stock Market Movement | 3D Printing Materials Supplier Amaero (AMRO.US) Debuts on US Stock Market, Trading Halt Triggered After Opening
Amaero, a manufacturer specializing in titanium and refractory metal powders for 3D printing in the defense and aerospace sectors, has gone public on the US stock market.
According to Zhitong Finance APP, on Thursday, Amaero (AMRO.US), a producer specializing in titanium and refractory metal powders for defense and aerospace 3D printing, debuted on the US stock market. After initially dipping nearly 1% at the open, its share price rose more than 7%, triggering the exchange’s circuit breaker mechanism, closing at $4.55. Amaero mainly manufactures spherical metal powders of refractory metals and titanium alloys for additive manufacturing, and also supplies large near-net shape components made using powder metallurgy hot isostatic pressing technology. Its product range includes niobium, tungsten, tantalum, molybdenum, rhenium, and titanium alloy powder materials, specifically designed for 3D printing of critical components in hypersonic weapon systems, satellite propulsion, strategic missiles, aerospace, and medical applications.
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