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- AML3D (AL3) receives an order for its ARCEMY system from US Navy component partner Laser Welding Solutions
- The system is AML3D’s smallest industrial-scale metal 3D printing machine, which produces NAB components for the US Navy
- The ARCEMY system is being transported from AML3D’s factory in South Australia to LWS’s base in the US
- The lease comprises a 12-month licencing and technical support contract and is valued at about $270,000
- AL3 shares last traded at 8.3 cents
AML3D (AL3) has received an order for its Arcemy 2600 Edition system from Laser Welding Solutions (LWS), a Houston-based US Navy component partner.
The system is AML3D’s smallest industrial-scale metal 3D printing machine and can produce NAB components for US Navy applications.
The US is the largest market for additive manufacturing in the world and AML3D’s most significant growing market; such technology developments will continue to ensure its growth.
The US Navy’s Submarine Industrial Base will start receiving components made of nickel-aluminium-bronze (NAB) from LWS.
The ARCEMY system will be airfreighted from AML3D’s factory in South Australia to LWS’s base in the US and is anticipated to be operational within eight to 10 weeks.
“AML3D is committed to providing the US Defence sector with point-of-need advanced manufacturing solutions and to developing and deepening our long-term, strategic partnership with key stakeholders within the US Navy’s submarine program and supply chain,” AML3D CEO Sean Ebert said.
“Our US scale-up strategy also includes meeting the advanced manufacturing and metal 3D printing needs of global Tier 1 Oil and Gas and Aerospace companies.
“Our newly established relationship with LWS is built around supporting the US Navy’s submarine industrial base but LWS is also a key supplier to Tier 1 US Oil and Gas majors, which may present opportunities in this sector in the future.”
LWS will lease the system for a year with the option to acquire it outright at any time during the term. The lease is valued at about $270,000 (US$220,000).
AL3 shares last traded at 8.3 cents.
