AML3D Expands to UK Defence Market with Alloy Test Contract
AML3D Limited (ASX:AL3)
Highlights
▪ Initial contract in support of a material feasibility program for BAE Systems.
▪ AML3D sourcing 8.5 tonnes of Nickel Aluminium Bronze (‘NAB’) alloy feedstock.
▪ Entry into the U.K. Defence market is key part of the next phase of AML3D’s growth strategy.
The next phase of AML3D’s growth strategy includes leveraging the company’s manufacturing capacity within Australia, following the opening of the U.S. manufacturing facility in December, to support the U.K. and Australia Defence markets. This contract with BAE Systems represents the initial steps in delivery of this new growth phase.
AML3D CEO Sean Ebert said: “AML3D has been developing its relationship with the BAE Systems for over a year. It is very exciting to see that work translate into an initial contract from BAE Systems. It is even more exciting that this contract is planned to be just the first and I look forward to giving updates on additional contracts as the program progress.”
“AML3D is moving into the next phase of our growth strategy, which includes leveraging the extraordinary growth and demand we are experiencing within the U.S. Navy’s Submarine Industrial Base to expand into the Australia and the U.K Defence sectors. Beyond this BAE Systems contract, AML3D is developing opportunities with other companies supporting the U.K. Defence sector. And while winning Defence contracts can take time, I am confident that we will be in a position to announce additional orders from the U.K. and Australian defence sectors to compliment the huge momentum we are seeing in the U.S.”
To read the full announcement, please click here
About us:
AML3D Limited, a publicly listed technology company founded in 2014, utilises new technologies to pioneer and lead metal additive manufacturing globally. Disrupting the traditional manufacturing space, AML3D has developed and patented a Wire Additive Manufacturing (WAM®) process that metal 3D prints commercial, large-scale parts for Aerospace, Defence, Maritime, Manufacturing, Mining and Oil & Gas. AML3D provides parts contract manufacturing, from its Technology Centre in Adelaide Australia, and is the OEM of ARCEMY®, an industrial metal 3D printing system that combines IIoT and Industry 4.0 to enable manufacturers to become globally competitive.
To learn more, please visit: www.aml3d.com
Contact details:
For more information, please contact:
Sean Ebert
Managing Director
AML3D Limited
+61 8 8258 2658
[email protected]
Hamish McEwin
Chief Financial Officer
AML3D Limited
+61 8 8258 2658
[email protected]
Investor Relations
The Capital Network
Julia Maguire
+61 2 7257 7338
[email protected]