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AML3D (ASX: $AL3) secures US navy supplier LWS lease for additional ARCEMY systems

AML3D's Additional ARCEMY Systems Order


AML3D Limited (ASX: $AL3) has announced a significant development in its partnership with Laser Welding Solutions (LWS), a US Navy submarine component manufacturing partner. LWS has placed an order for two additional ARCEMY® Small Edition 2600 systems to accelerate the US Navy's ARCEMY parts and alloy qualification program. The order, valued at approximately A$0.70 million (US$0.46 million), aligns with AML3D's strategy to embed its ARCEMY® technology in the wider US Navy supply chain.

Executive Commentary on the Order


This new order for 2 additional ARCEMY® systems helps deepen our relationship with LWS and illustrates how important our advanced manufacturing technology is to the US Defence sector. AML3D ARCEMY® systems can produce higher quality components, faster and with less waste than traditional manufacturing which is driving demand from the US Navy and the wider US Navy submarine industrial base supply chain.

Summary of AML3D's Announcement


AML3D Limited (ASX: $AL3) has secured a significant order from Laser Welding Solutions (LWS) for two additional ARCEMY® Small Edition 2600 systems, with the option to purchase. This order is intended to accelerate the US Navy's ARCEMY parts and alloy qualification program, aligning with AML3D's strategy to embed its ARCEMY® technology in the wider US Navy supply chain. The lease, valued at approximately A$0.70 million (US$0.46 million), includes a 12-month software licensing and technical support. The systems are expected to be operational within 8 to 10 weeks, airfreighted from AML3D's facility in Adelaide, South Australia to LWS' Houston, Texas base. AML3D's CEO, Sean Ebert, emphasized the importance of their advanced manufacturing technology to the US Defence sector, highlighting the ability of ARCEMY® systems to produce higher quality components, faster and with less waste than traditional manufacturing. AML3D's US scale-up strategy and plans to establish a US headquarters, manufacturing hub, and sales team in Ohio demonstrate the company's ambitions to further penetrate the US market and support its customers. This announcement reflects AML3D's commitment to advancing its technology and expanding its presence in the US, the largest Additive Manufacturing market in the world.

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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