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The latest announcement is out from AML3D Ltd ( (AU:AL3) ).
AML3D Limited has successfully commissioned its large-scale ARCEMY® X system at the Tennessee Valley Authority (TVA), the largest public utility in the USA. This marks a significant milestone in AML3D’s expansion into the US Energy sector, following its success in the Defence sector. The installation at TVA, which completed a $1.97 million contract, is a strategic move to broaden AML3D’s market reach into Utilities, Aerospace, Nuclear, Oil & Gas, and Marine sectors. This expansion is part of AML3D’s US growth strategy, leveraging its advanced manufacturing technology to secure a foothold in new industry sectors and potentially drive growth in other global markets.
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, combining welding science, robotics automation, materials engineering, and proprietary software to produce industrial metal 3D printing systems known as ARCEMY®. These systems offer advanced, automated, on-demand manufacturing solutions that are efficient and cost-effective, catering to industries such as Aerospace, Defence, Maritime, Manufacturing, Mining, and Oil & Gas.
Average Trading Volume: 2,816,767
Technical Sentiment Signal: Buy
Current Market Cap: A$144.7M
See more insights into AL3 stock on TipRanks’ Stock Analysis page.