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An announcement from AML3D Ltd ( (AU:AL3) ) is now available.
AML3D Limited has secured a significant order worth approximately AU$1.2 million from Austal USA for a portable ARCEMY® Small system, intended for the US Navy’s Additive Manufacturing Center of Excellence in Virginia. This system, pre-mounted in a shipping container, will enhance the flexibility and deployment speed of additive manufacturing operations, supporting the US military’s technological development and small part manufacturing needs. The order underscores AML3D’s expanding role in the US defense sector and highlights the potential for further market opportunities in defense and commercial sectors globally.
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 and publicly listed, specializes in disrupting metal part supply chains through its patented Wire Additive Manufacturing (WAM®) process. The company is an original equipment manufacturer (OEM) of ARCEMY® industrial metal 3D printing systems, providing advanced, automated, and on-demand 3D manufacturing solutions. These solutions are more efficient and cost-effective compared to traditional methods and cater to sectors such as Aerospace, Defence, Maritime, Manufacturing, Mining, and Oil & Gas.
Average Trading Volume: 2,452,409
Technical Sentiment Signal: Buy
Current Market Cap: A$173.5M
Find detailed analytics on AL3 stock on TipRanks’ Stock Analysis page.