AML3D Ltd (AU:AL3) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
AML3D Limited has successfully raised A$30 million through a share placement to expand its US manufacturing capacity and enter the European market. This funding will enable the company to double its production capabilities in Ohio and support its growth in the defense and energy sectors. The investment also positions AML3D to leverage opportunities from the US Department of Defense’s push for additive manufacturing technologies.
For further insights into AU:AL3 stock, check out TipRanks’ Stock Analysis page.