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The latest update is out from AML3D Ltd ( (AU:AL3) ).
AML3D has secured an order worth about AU$9.9 million from HII’s Newport News Shipbuilding division for four custom large-scale ARCEMY X 6700 metal additive manufacturing systems, lifting the shipbuilder’s ARCEMY X fleet to six units. The systems will be supplied from AML3D’s new U.S. Technology Centre in Ohio and are expected to be installed and operational in the third quarter of FY2027.
The custom ARCEMY X units feature heavy-capacity positioners enabling high-specification ship component fabrication and replacement, offering faster lead times, higher quality and reduced waste compared with traditional methods. Management says the size of this order underscores AML3D’s scaling presence in the U.S. defence market, supports its planned US$12 million investment to expand American production and underpins growth ambitions across broader U.S. industrial sectors as well as emerging demand in the U.K. and Europe.
The most recent analyst rating on (AU:AL3) stock is a Hold with a A$0.14 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 is an Australian-listed technology company that manufactures industrial metal 3D printing systems under its ARCEMY brand, built on its patented Wire Additive Manufacturing process. Its solutions target advanced, on-demand metal part production for sectors including defence, aerospace, maritime, energy, mining, manufacturing and oil and gas, alongside design services, software licensing, technical support and contract manufacturing.
Average Trading Volume: 1,425,442
Technical Sentiment Signal: Sell
Current Market Cap: A$82.88M
For detailed information about AL3 stock, go to TipRanks’ Stock Analysis page.