Join our daily newsletter At The Bell to receive exclusive market insights
- AML3D appoints a new US President of Operations, Paul Goumas to head offshore operations as the company pivots towards defence
- Goumas previously worked for US-listed NASDAQ BWX Technologies and worked in the nuclear field
- The company also selects Executive Director Sean Ebert to act as Managing Director
- The move will advance AML3D’s strategy to pivot towards US Defence contracts
- AML3D shares were trading at 8.2 cents at lunchtime
ASX-listed metals-based 3D printing specialist AML3D (AL3) has announced its election of a new US President to head offshore operations as the company pivots towards defence.
AML3D has recently demonstrated its strategic refocus on US Defence contracts. On Monday the company confirmed its new appointment of Pete Goumas as President of US Operations, with his tenure kicking off immediately from today.
Goumas was previously the Vice President of Operational Strategy at NASDAQ-listed BWX Technologies ā a company that supplied nuclear components to the US Government.
His prior roles were also in the nuclear field, involving roles that covered welding engineering supervision and materials science.
“Pete’s deep understanding, relationships and experience in executive roles in supporting the US Government’s defence industrial initiatives, and notably the US nuclear submarine program, make him ideally suited to lead [our] US operations,” AML3D Chair Noel Cornish AM said.
The new President of US Operations stated his interest in AML3D’s patent tech.
“Coming from a background of welding and materials science I am excited and impressed by the additive manufacturing systems and IP we have at AML3D,” Goumas said.
“I have great confidence that AML3D’s US operations will be an engine for significant growth.”
Goumas is not the only new hire today. The company has also appointed existing Executive Director and former interim CEO Sean Ebert as Managing Director.
“The strategy has been refocussed on scaling up our presence in the US market, especially in support of the US Defence and US Navy submarine industrial bases.”
(AL3) shares were up 2.5 per cent to 8.2 cents in lunchtime trades.
