Jane Morgan Management
Highlights:
- International patent application for Amaero's high performance titanium alloy, "Amalloy Beta Ti" enters final stage of approval, with three out of four stages of patent application already completed.
- The new high-performance titanium alloy achieves ultra-high strength and fatigue performance.
- Amaero has applied for broad patent coverage in nations strategic to the global aviation, defence and space supply chain.
- Titanium is used in multiple applications across the aviation, defence and space industries, all markets which are experiencing significant long term growth in value, presenting a significant opportunity for Amaero.
- Developed by Monash University, Amaero has exclusive global commercial licence rights to the patented alloy.
- The development and patent application aligns with Amaero's long-term strategy of expanding its offering through the commercialisation of metal alloys developed by research partners. This is one of two patented alloys and powders that Amaero holds exclusive global commercial license rights to.
Amaero International Limited ("Amaero") (the "Company") (ASX:3DA), a leader in metal additive
manufacturing, is pleased to provide an update on its patent applications for its high performance
titanium alloy "Amalloy Beta Ti", as the Company has applied for broad international patent coverage,
for the new heat treatable titanium alloy, which has entered its final approval stage, the national phase
of the Patent Co-operation Treaty ("PCT").
The PCT is an international treaty with more than 150 Contracting States, allowing patent protection
for an invention simultaneously in a large number of countries by filing a single "international" patent
application, instead of filing several separate national or regional patent applications. The granting of
patents remains under the control of the national or regional patent offices in what is called the
"national phase"
1
, which Amalloy Beta Ti has now entered.
The new high performance titanium alloy, a heat treatable version of a beta Titanium alloy, achieves
ultra-high strength and fatigue performance via homogeneous precipitation and removal of grain
boundary alpha.
Known for the highest strength to weight ratio of any structural metal2
, Titanium is used in multiple
applications across the aviation, defence and space industries, all markets which have been
experiencing significant long term growth in value, presenting a significant opportunity for Amaero.
The aviation industry supports $2.7 trillion in world economic activity (3.6% of global gross domestic
product)3
, with the global aerospace and defence market estimated to be valued at US$1600 billion in
the year 2025, growing at a CAGR of 3.5% in the period 2019 to 2025.
The alloy was developed by researchers at Monash University, Australia's largest university, with which
Amaero collaborates for the development of additive manufacturing technology.
Amaero has exclusive global commercial license rights to the patented alloy, and it will form an
important part of the Company's offering to its aviation, defence and space clients in the future.
The development and patent application aligns with Amaero's long-term strategy of expanding its
offering through the commercialisation of metal alloys developed by research partners. In addition to
additive manufacturing, the alloy can also be processed using a number of conventional methods for
high volume manufacturing including extrusion, forging and casting.
A second new high performance alloy developed by Monash University for Amaero will also enter
national phase in June 2020.
Amaero CEO, Barrie Finnin,
/Public Release. This material from the originating organization/author(s) might be of the point-in-time nature, and edited for clarity, style and length. Mirage.News does not take institutional positions or sides, and all views, positions, and conclusions expressed herein are solely those of the author(s).
