AML3D's Contract with Australian Government Defence Science and Technology Group

AML3D Limited (ASX: $AL3) has signed a A$0.24 million contract with the Australian Government Defence Science and Technology Group ('DSTG') to provide components for testing in marine applications. The contract involves 3D metal printing two representative marine components using a Nickel Aluminium Bronze ('NAB') alloy and high strength duplex steel alloy. The manufacturing of the test components will take place at AML3D's facility in Adelaide for delivery during FY24.

AML3D CEO Sean Ebert's Perspective on the Contract

It is very exciting to be directly supplying test NAB and Duplex steel components to the DSTG, which is tasked with assessing the best of Australian science, technology and innovation to address Australia's Defence and national security challenges. AML3D's WAM manufactured NAB and duplex steel has passed multiple rounds of marine defence testing in the US and here at home. This gives us confidence we will meet the DSTG requirements, creating opportunities for significant new contracts. AML3D demonstrating the value of our advanced WAM technology for Australian marine defence applications aligns with strategic objective of continuing to expand into defence markets that display the same strong demand signals underpinning our US success.

AML3D's Expansion into Defence Markets and Future Outlook

AML3D Limited (ASX: $AL3) has expanded its capabilities by securing a contract with the Australian Government Defence Science and Technology Group ('DSTG') to provide components for testing in marine applications. This contract aligns with AML3D's strategic objective to diversify into additional marine defence markets to complement strong US growth. The company's CEO, Sean Ebert, expressed confidence in meeting the DSTG requirements and highlighted the potential for significant new contracts. AML3D's success in diversifying into additional global defence markets, particularly in the US, has positioned the company to accelerate entry into additional defence markets to meet growing demand for advanced manufacturing solutions. The outlook for AML3D involves leveraging its advanced WAM technology to address the strong demand signals in defence markets and continue its expansion into these sectors.