Amaero International Limited announced it has secured a Heads of Agreement with Gilmour Space Technologies (Gilmour Space). The Heads of Agreement will lead to a long-term supply agreement with Gilmour Space for the manufacture of rocket components. The supply agreement will be for a three-year term and will see Amaero manufacture a range of different rocket motor components to be used on Gilmour Space flight-ready vehicles. Under the terms of the supply agreement, which are commercially sensitive, Gilmour Space will pay fees to Amaero for manufacturing services and the supply of rocket motor components. The HoA contains a three-year forecast provided by Gilmour Space, which may be updated or amended upon rolling three- monthly reviews by the parties. Production of the various components for the supply agreement will commence this calendar year 2021. Based upon the three-year forecast included in the HOA, Amaero expects the agreement to deliver total revenues of approximately $1.7 million over the forecast period. The terms of the HoA are included as an Appendix to this announcement. The agreement follows the supply of a series of prototype rocket motor components to Gilmour Space that were manufactured by Amaero under small purchase orders over the past 12 months.