AML3D Ltd (AU:AL3) has released an update.
AML3D Ltd has enhanced its partnership with the US Navy through a Manufacturing License Agreement with Blue Forge Alliance, enabling the expansion of their 3D printed submarine parts production. This agreement allows for the exchange of technical data and assistance, boosting AML3D’s ability to support the Navy’s submarine industrial base with its ARCEMY Wire-arc Additive Manufacturing systems. The open-ended contract strengthens AML3D’s strategic position and offers potential to further advance their US scale-up strategy.
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