AML3D Ltd (AU:AL3) has released an update.
AML3D Ltd is expanding its operations by establishing a new manufacturing hub in Stow, Ohio, aimed at serving the robust U.S. demand, especially from the U.S. Defence sector. The Ohio facility is strategically located in an industrial district with excellent transport links, enabling nationwide customer support. This move follows a successful $6.9 million capital raise and is set to enhance the company’s capacity to secure more Defence contracts and venture into Marine, Oil & Gas, and Aerospace sectors.
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