AML3D's $2.24m Investment Acceleration

AML3D Limited (ASX: $AL3) has announced a $2.24 million investment to accelerate the company's ARCEMY Increase Deposition Rates ('AIDR') project. This investment, funded by a $1.12 million grant from South Australia's Economic Recovery Fund ('ERF'), matched by contributions totalling the same value by AML3D, aims to extend and maintain AML3D's technology advantage.

AML3D CEO Sean Ebert's Statement

AML3D CEO Sean Ebert expressed, 'The $2.24 million ARCEMY® Increased Deposition Project will create new, highly skilled jobs in South Australia and has the potential to solve even more of the manufacturing needs of our Australian and overseas customers. AML3D is proud to be contributing to technology leadership and economic development in South Australia and to be leveraging this on a global scale.'

Summary of AML3D's SA Government Grant

AML3D has secured a $2.24 million investment to accelerate the ARCEMY Increase Deposition Rates ('AIDR') project, with a $1.12 million grant from South Australia's Economic Recovery Fund ('ERF'). This investment aims to extend and maintain AML3D's technology advantage, create new highly skilled jobs, and enhance South Australia's reputation as a hub for advanced metal manufacturing and technology advances. The project is expected to further revolutionize advanced manufacturing by delivering increased productivity, innovation, and global competitiveness.