AML3D Secures Contract with BAE Systems, Enters U.K. Defence Market

AML3D Ltd ( (AU:AL3) ) has provided an update.

AML3D Limited has secured a contract worth A$0.83 million with BAE Systems to supply 8.5 tonnes of Nickel Aluminium Bronze alloy feedstock, marking its entry into the U.K. Defence market. This contract is part of AML3D’s growth strategy to expand its manufacturing capabilities in the U.K. and Australia, building on its existing operations in the U.S. The company aims to leverage the growing demand in the U.S. Navy’s Submarine Industrial Base and develop further opportunities within the U.K. Defence sector.

More about AML3D Ltd

AML3D Limited, founded in 2014 and publicly listed, is a global leader in metal additive manufacturing. The company has developed a patented Wire Additive Manufacturing (WAM®) process to 3D print large-scale metal parts for industries such as Aerospace, Defence, Maritime, Manufacturing, Mining, and Oil & Gas. AML3D operates a Technology Centre in Adelaide, Australia, and is the original equipment manufacturer of ARCEMY®, an industrial metal 3D printing system.

YTD Price Performance: -16.67%

Average Trading Volume: 1,789,828

Technical Sentiment Signal: Sell

Current Market Cap: A$80.66M

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