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AML3D (ASX:AL3) has notched upward +4% in Friday morning trades as the US defence-focused 3D printing specilaist sets up new digs in the State of Ohio.
Since late 2023, the company has slowly been pivoting into the US Defence force supply chain space, which it kicked off by hiring an ex-staffer of a NASDAQ company that worked in nuclear submarines.
The 3D printing stock is of interest to elements of the US defence force supply chain given that with its tech it can produce parts for submarines using metal alloys that traditional lathes and machinists struggle to produce. What’s more, it can do it cheaper and faster.
It has already sold component products to the US Navy, a company called Laser Welding Solutions (LWS) based in the US and also proximate to the Navy; as well as working to target Australian defence-facing entities.
Private defence tech giant BAE is also on AML3D’s order books, and, the company ultimately wants to embed itself with in the ambitious AUKUS supply chain ecosystem.
So, with all that in mind – it’s obvious why the company has moved to establish a new base in the State of Ohio. This is Trump’s America, after all, and if a company like Dateline Resources can have its project namedropped by the President on Truth Social, anything can happen.
“This facility represents more than just an expansion of our operations – it’s a strategic investment in America’s defense industrial base,” AML3D US President Pete Goumas said.
(Goumas is the ex-NASDAQ-listed staffer from BWX Technologies AML3D hired back in 2023.)
“This facility enables us to support all three AUKUS nations
while strengthening the allied defense industrial base through advanced manufacturing technologies developed in Australia and now deployed in America,” AML3D Global CEO Sean Ebert said.
AL3 last traded at 14cps.
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