Aurora Labs’ (ASX:A3D) MCP patent granted for China

• Metal 3D printing company Aurora Labs (A3D) has been granted a patent in China for a key part of its Multi-Layer Concurrent Printing (MCP) technology
• The company says the approval of a China patent is a positive step towards protecting its novel technology
• Aurora is currently filling for patents on its MCP technology in other regions, including Australia and the U.S.
• At market close, Aurora is up 12.4 per cent and is trading for 10 cents per share

Metal 3D printing company Aurora Labs (A3D) has been granted a patent in China for a key part of its Multi-Layer Concurrent Printing (MCP) technology.

Aurora Labs said this China patent was a positive step towards protecting its novel technology.

The company has filed for patents on its unique technology in other regions, including Australia and the U.S. But, they are all at different stages of the patent process.

Regardless, Aurora CEO Peter Snowsill said he is very pleased that the China patent has been granted.

“It’s encouraging to see Aurora on the path to securing the ground-breaking technology we are working hard to develop,” he said.

“MCP is a unique innovation and we are pleased to have it in our extensive technology portfolio,” he added.

Peter is newly appointed to the CEO role – with the company announcing last month that he’d been given the lead job.

He’d previously been Chief Operating Officer and had been filling in as interim CEO since March.

On market close, Aurora shares are up 12.4 per cent and trading for 10 cents per share.