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A3D Aurora Labs News Story

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Australia's Aurora Labs rises to three-week high on defence deal with Europe's MBDA

BUZZ-Australia's Aurora Labs rises to three-week high on defence deal with Europe's MBDA

** Shares of Australia's Aurora Labs A3D.AX rise as much as 3.8% to A$0.055, hitting their highest level since May 4

** The industrial tech firm enters into a teaming agreement with Europe's MBDA, a multi-national defence group and global authority

** Company says both parties to continue collaboration on development of Aurora's 3D-printed turbojet engine technologies

** Stock down 8.3% this year, including the day's move


(Reporting by Rajasik Mukherjee in Bengaluru)

((Rajasik.Mukherjee@thomsonreuters.com))

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