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AML3D Ltd ( (AU:AL3) ) has shared an update.
AML3D Limited has secured a significant order worth approximately $1.7 million for its ARCEMY® X system from FasTech LLC, a US-based supplier to the Defense, Aerospace, Energy, and other industrial sectors. This order not only enhances FasTech’s manufacturing capabilities but also strengthens AML3D’s presence in the US market. The ARCEMY® X system will be installed at FasTech’s facility near the U.S. Navy Additive Manufacturing Center of Excellence in Virginia and is expected to be operational by the third quarter of the 2026 financial year. This development is part of AML3D’s strategy to expand its footprint in the US by demonstrating the advantages of its additive manufacturing technology across various industrial sectors, thereby increasing demand for its systems and embedding itself further into the US manufacturing landscape.
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, established in 2014, is a publicly listed technology company specializing in metal additive manufacturing. The company utilizes its patented Wire Additive Manufacturing (WAM®) process, integrating welding science, robotics automation, materials engineering, and proprietary software to offer advanced 3D printing solutions. AML3D is the original equipment manufacturer of the ARCEMY® industrial metal 3D printing systems, which are designed to be more efficient and cost-effective than traditional manufacturing methods. The company serves various sectors, including Aerospace, Defense, Maritime, Manufacturing, Mining, and Oil & Gas, and provides additional services such as design engineering, software licensing, technical support, and contract manufacturing.
Average Trading Volume: 3,317,130
Technical Sentiment Signal: Sell
Current Market Cap: A$93.93M
For an in-depth examination of AL3 stock, go to TipRanks’ Overview page.