- AML3D (AL3) sells one of its Arcemy WAM printing units to the Royal Melbourne Institute of Technology (RMIT) for $400,000
- The 3D printer will focus on a range of alloys plus new additive manufacturing research and development initiatives at RMIT
- Under the sale agreement, AL3 will work with RMIT on the installation, commissioning and training of the unit
- On the market, AL3 is up 6.06 per cent and is trading at 17.5 cents per share
AML3D (AL3) has sold one of its Arcemy WAM printing units to the Royal Melbourne Institute of Technology (RMIT) for $400,000.
The 3D printer will focus on a range of alloys and new additive manufacturing research and development initiatives at RMIT.
The printing unit is capable of 3D printing all metallic alloys up to 750 kilograms in mass.
Under the sale agreement, AL3 will work with RMIT on the installation, commissioning and training of the unit.
“To be able to supply the RMIT Additive Manufacturing Centre with our sophisticated integrated wire-based Arcemy 3D printing unit, under the guidance of Prof Milan Brandt and industry expert Alex Kingsbury is exciting and endorsing,” Managing Director Andy Sales said.
“There is an expectation that we will work closely with RMIT in the future around specific R&D programs that will benefit both parties in research, industry application and student based learning and research.”
RMIT Centre Director Professor Milan Brandt is excited to be working with AL3 on delivering the new 3D printing technology to Victorian organisations.
“The equipment … complements our current range of 3D printing technologies and opens the opportunities for working closely with Victorian and more broadly Australian organisations on delivering new products and processes based on this technology,” he said.
On the market, AL3 was up 6.06 per cent and is trading at 17.5 cents per share at 11:29 am AEDT.