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)
Recent news on Aurora Labs
See all newsBrief: Aurora Labs Wins A$1Million Defence Grant Funding
Australia's Aurora Labs rises to three-week high on defence deal with Europe's MBDA
Brief: Aurora Labs Announces MoU With MBDA
Brief: Aurora Labs Says MOU Executed With Ares Armaments
Australia's Aurora Labs hits over 7-month high on turbine testing agreement