AML3D Ltd (AU:AL3) has released an update.
AML3D Ltd, an innovator in large-scale 3D metal printing, has reported a significant increase in quarterly cash receipts to A$1.64 million, largely due to its successful expansion in the US and Australian Defence sectors. The company has raised A$6.8 million to fully fund the establishment of a new US manufacturing hub and further develop its proprietary ARCEMY technology. Additionally, AML3D has secured a strategic Defence Manufacturing License Agreement with Boeing, enhancing its position in the Aerospace and Defence industries.
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