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AML3D (ASX: $AL3) commissions 'X-Edition 6700' system at US Navy's Centre of Excellence

AML3D Limited announces commissioning of ARCEMY® 'X-Edition 6700' system


AML3D Limited (ASX: $AL3) has successfully commissioned the industrial-scale ARCEMY® 'X-Edition 6700' Wire Arc Additive Manufacturing (WAAM) metal 3D printing system at the US Navy's Additive Manufacturing Centre of Excellence (AM CoE) in Danville, Virginia. The A$1.1 million order, placed through AML3D's value-added reseller Philips Corporation, has reached operational status, triggering the final 50% payment of the contract value.

AML3D CEO Sean Ebert's commentary on the commissioning of ARCEMY® 'X-Edition 6700' system


We are extremely pleased to have a fully operational ARCEMY 'X', our largest industrial metal 3D printing system, at the US Navy's Danville Center of Excellence. The successful commissioning of this system is a clear demonstration of the effectiveness of our US 'Scale-up' strategy, the benefits of having Phillips Corporation as a reseller partner to complement our US sales force, and very much supports exploring opportunities to establish US facilities. The US Department of Defense is working to rapidly adopt advanced manufacturing technologies to establish sovereign defence supply chains that are resilient, competitive and sustainable. The US Navy's decision to install an ARCEMY X system at Danville demonstrates their confidence in AML3D's advanced manufacturing technology and its ability to support the US Navy's submarine industrial base. It is also a validation of AML3D's strategic focus on delivering ARCEMY® systems to the US maritime, federal and defence sectors.

Summary of AML3D's commissioning of ARCEMY® 'X-Edition 6700' system


AML3D Limited (ASX: $AL3) has successfully commissioned the A$1.1 million ARCEMY® 'X-Edition 6700' system at the US Navy's Centre of Excellence in Danville, Virginia. The commissioning of this industrial-scale metal 3D printing system adds momentum to AML3D's US 'Scale-up' strategy and supports the US Navy's submarine industrial base. The successful completion of the commissioning process triggers the final payment for the system, representing 50% of the order value. AML3D's CEO, Sean Ebert, highlighted the significance of this achievement, emphasizing the company's strategic focus on delivering advanced manufacturing technology to the US maritime, federal, and defence sectors. AML3D's ambitions to establish US facilities to accelerate the adoption of its advanced additive manufacturing technologies across various sectors, including defence, federal, and corporate, are well-supported by the successful commissioning of the ARCEMY 'X' system.

AML3D LIMITED
AL3 | ASX | Industrials
0.2150.045(+26.47%)
At close 05/07 (AEDT)
Market cap
$64.1M
Volume
37,151,317
DY Yield
0
PE Ratio
0
52 Week Range
0.047 - 0.245
1YR Return
N / A

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