Australia's Aurora Labs hits nearly 5-month high on defence contract

Aurora Labs

30/10/2023 24:01

** Shares of Aurora Labs Ltd  A3D.AX  rise as much as 7.1%
to A$0.03, their highest since June 2
    ** 3D printer maker says it has secured printing contract
with Australian defence co Sovereign Propulsion Systems Pty Ltd
    ** Says contract for producing metal components for
prototype autonomous systems
    ** Stock posts its biggest intraday pct gain since Oct. 20
    ** More than 412,800 shares change hands, compared with the
30-day average volume of 356,925
    ** Stock down ~6.7% YTD, as of last close

 (Reporting by Aaditya Govind Rao in Bengaluru)
 ((Aaditya.GovindRao@thomsonreuters.com;))