Aurora Labs (ASX:A3D) has entered an industry-led collaboration with CSIRO to advance 3D printing exploration and commercialisation.
The research agreement with CSIRO is the first step in fulfilling Aurora’s obligations as a partner in the Additive Manufacturing Solution Centre, which will provide comprehensive additive manufacturing integrative consulting services, distribution of its 3D-printers, and possible prints and powders.
Under the agreement, the company will supply CSIRO with one small format printer as well as metallic powders used in the production of parts worth $100,000.
CSIRO will provide technical, research and development services that will go towards Aurora’s Solution Centre for the value of $100,000.
Aurora’s small format printer will be installed in CSIRO’s Lab22 Innovation Centre in Melbourne, which allows businesses to access some of the most advanced 3D printing technology in the southern hemisphere.
“This is an exciting collaboration, and we are incredibly pleased to be working with a tier-one partner such as the preeminent government research organisation CSIRO,” Aurora managing director David Budge said.
The research agreement speeds up the development of our Solution Centre, enhances our credibility, as well as endorses the technical performance of our technology.
“It also represents a significant advancement of Australia’s additive manufacturing industry and demonstrates the commercial application of 3D metal printers to provide tailored, faster and cheaper components to a number of industries.”
CSIRO is Australia’s national science organisation and one of the largest and most diverse scientific research organisations in the world.
Shares in Aurora closed Wednesday at 88c.