Aurora Labs Limited (ASX:A3D) has signed a Memorandum of Understanding (MoU) with an Australian defence company, a subsidiary of Orion Sovereign Group (OSG), to collaborate on 3D printed propulsion systems. The partnership will focus on small propulsion engine systems and critical components for next-generation UAVs, leveraging Aurora Labs' cutting-edge 3D metal printing expertise to deliver precision-engineered propulsion units that meet the increasing demand for cost-effective, rapidly deployable engines. The MoU has a term of two (2) years and automatically extends unless terminated by either Party.
This strategic agreement marks a significant step in advancing the capabilities of sovereign manufacturing technologies within the rapidly evolving propulsion sector. OSG Chair, Tim McOwan MajGen (Rtd), AO, DSC, CSM, expressed delight in partnering with Aurora Labs and collaborating on sovereign Australian solutions. The rise in demand for sovereign capabilities, particularly in the Defence and aerospace sectors, has never been more pressing. The ability to produce key components domestically, without relying on international supply chains, is showing increased demand.
Aurora Labs (ASX:A3D) has entered into a strategic collaboration with an OSG Australia subsidiary to develop precision-engineered propulsion units for next-generation UAVs. The partnership aims to leverage Aurora Labs' expertise in 3D metal printing to meet the increasing demand for cost-effective, rapidly deployable engines. This collaboration signifies a significant step in advancing sovereign manufacturing technologies within the propulsion sector. The rise in demand for sovereign capabilities, particularly in the Defence and aerospace sectors, has never been more pressing, highlighting the need to produce key components domestically without relying on international supply chains. Further updates on the partnership will be provided as it progresses.