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AML3D Appoints Former US Navy Program Lead to Bolster US Expansion

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AML3D Appoints Former US Navy Program Lead to Bolster US Expansion

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AML3D Ltd ( (AU:AL3) ) has shared an update.

AML3D Limited has appointed Frederick J. Stefany, a former senior US Navy program lead, to the Board of AML3D USA Inc. Stefany’s extensive experience in the US Navy’s research, development, and acquisition programs, including his recent role as the first Program Manager of the US Navy’s Maritime Industrial Base, is expected to significantly bolster AML3D’s growth strategy in the US defense sector. His appointment is seen as a strategic move to leverage his deep insights and networks within the US Navy, enhancing AML3D’s positioning in supporting the Navy’s submarine, shipbuilding, and munitions programs. This development aligns with AML3D’s plans to expand its operations in the US, potentially accelerating its growth and impact within the defense industry.

The most recent analyst rating on (AU:AL3) stock is a Buy with a A$0.40 price target. To see the full list of analyst forecasts on AML3D Ltd stock, see the AU:AL3 Stock Forecast page.

More about AML3D Ltd

AML3D Limited, founded in 2014, is a publicly listed technology company that specializes in disrupting metal part supply chains through its patented Wire Additive Manufacturing (WAM®) process. The company is an OEM of ARCEMY® industrial metal 3D printing systems, which use WAM® for efficient, cost-effective, and environmentally sustainable 3D manufacturing solutions. AML3D serves industries such as Aerospace, Defence, Maritime, Manufacturing, Mining, and Oil & Gas, providing services including metal 3D printing design engineering, software licensing, technical support, and contract manufacturing.

Average Trading Volume: 1,387,104

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$86.04M

For an in-depth examination of AL3 stock, go to TipRanks’ Overview page.

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