Australia's Aurora Labs hits 1-1/2-year high on manufacturing gas turbine engine

Aurora Labs

08/04/2024 02:02

** Shares of Aurora Labs  A3D.AX  rise as much as 45.2% to
A$0.045, their highest level since Sept 8, 2022
    ** Stock posts its biggest intraday pct gain since June 2,
2023
    ** The technology co says it has successfully manufactured
Australian gas turbine engine with 3D Metal Printed Parts
    ** Adds turbine application discussions with customers in
target markets of defence and aerospace continues with positive
responses
    ** About 15 mln shares change hands, compared with the
30-day average volume of 281,729 shares
    ** Stock up 6.9% this year, as of last close

 (Reporting by Megha  Rani)
 ((Megha.Rani2@thomsonreuters.com;))