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AML3D Ltd ( (AU:AL3) ) has provided an announcement.
AML3D Limited has appointed DMFG Solutions GmbH as a non-exclusive European distribution partner for two years, expanding its European distribution network as part of its strategic growth plan. This partnership aims to accelerate AML3D’s entry into significant European Defence and manufacturing markets, supported by a planned AU$5 million investment in a European technology centre. The company sees strong demand signals in Europe similar to those in the US, indicating potential for significant contract wins.
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 metal additive manufacturing. The company has developed a patented Wire Additive Manufacturing (WAM®) process to produce large-scale metal parts for industries such as Aerospace, Defence, Maritime, Manufacturing, Mining, and Oil & Gas. AML3D operates a Technology Centre in Adelaide, Australia, and is the original equipment manufacturer of ARCEMY®, an industrial metal 3D printing system.
Average Trading Volume: 2,816,767
Technical Sentiment Signal: Buy
Current Market Cap: A$144.7M
Learn more about AL3 stock on TipRanks’ Stock Analysis page.