Amaero International Limited has secured a significant $23.5 million loan from the Export-Import Bank of the United States (EXIM) to expand its Additive Manufacturing powder production capabilities. This move marks a major milestone for Amaero, positioning the company to become the largest U.S. domestic manufacturer of refractory and titanium alloy powders, essential materials for aerospace and space industries.

Loan Supports Domestic Manufacturing and Supply Chain Resilience

The EXIM loan, approved unanimously by EXIM’s bipartisan Board of Directors, will support Amaero’s strategy to enhance domestic manufacturing and supply chain resilience. It is the first loan under EXIM’s Make More in America initiative (MMIA) to focus on advanced materials and Additive Manufacturing. The company plans to use the funds for capital equipment financing, including the commissioning of a new advanced atomizer and the purchase of additional atomizers, which will significantly increase production capacity.

Amaero’s Chairman and CEO, Hank J. Holland, emphasized that the loan reflects the company’s alignment with U.S. policy goals to strengthen manufacturing capabilities. The company intends to invest approximately $50 million into equipment and facility improvements, aiming to create about 150 skilled, high-paying jobs. This investment will help address the critical gaps in U.S. manufacturing, particularly in sectors like aerospace and space exploration, where advanced materials are crucial.

Strategic Focus on Titanium and Refractory Powders

With the new funding, Amaero plans to expand its production of titanium and refractory alloy powders, materials vital for the production of mission-critical components. These materials are particularly important in aerospace, where performance and reliability are paramount. By producing these materials domestically, Amaero will not only meet the growing demand but also support U.S. export capabilities in high-tech industries.

Amaero’s investment in advanced atomization technology will ensure the production of high-quality powders suitable for Additive Manufacturing, which is used to create complex parts with superior performance for demanding applications. This move will help Amaero contribute to the U.S. effort to restore domestic manufacturing and reduce reliance on overseas production.