Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest update is out from AML3D Ltd ( (AU:AL3) ).
AML3D Limited has announced a strategic partnership with Arc Additive Limited to serve as a distribution partner in the UK and Europe. This two-year, non-exclusive partnership aims to boost AML3D’s presence in the European manufacturing sectors, particularly in the defence markets of the UK and other significant European regions. The collaboration aligns with AML3D’s strategic growth plan, which includes establishing a European technology base and leveraging existing manufacturing capabilities to support AUKUS defence partners. The partnership is expected to accelerate AML3D’s growth strategy by converting strong demand signals into contract wins, similar to its success in the US market.
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 3D print 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®, a metal 3D printing system that integrates IIoT and Industry 4.0 technologies.
Average Trading Volume: 2,695,145
Technical Sentiment Signal: Buy
Current Market Cap: A$149.1M
For an in-depth examination of AL3 stock, go to TipRanks’ Overview page.