Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
AML3D Ltd ( (AU:AL3) ) has issued an announcement.
AML3D Limited reported significant advancements in its operations during the December 2024 quarter, including the completion of key defense contracts and the expansion of its U.S. facilities. The company raised A$30 million to support its growth strategy, focusing on the U.S. and European defense sectors. The U.S. Department of Defence’s award of US$951 million to Blue Forge Alliance, an AML3D partner, is expected to drive further growth in AML3D’s U.S. operations. The company’s financial position remains strong with a cash reserve of A$32.1 million, positioning it well for future expansion.
More about AML3D Ltd
AML3D Limited is a leader in large-scale Wire Additive Manufacturing technology and 3D metal printing solutions. The company focuses on defense and industrial sectors, particularly in the U.S. and Australian markets, with plans to expand into European markets.
YTD Price Performance: -22.22%
Average Trading Volume: 3,457,467
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$75.27M
For detailed information about AL3 stock, go to TipRanks’ Stock Analysis page.
