AML3D Ltd ( (AU:AL3) ) just unveiled an announcement.
AML3D Limited reported a break-even operating cash flow for the March 2025 quarter, driven by strong growth in the US market, resulting in A$2.5 million in customer receipts. The company has doubled its investment in US facilities, establishing a technology center and manufacturing hub in Ohio to meet the rising demand for additive manufacturing. With a robust cash position of A$31.4 million, AML3D plans to invest A$12 million to double its US manufacturing capacity and A$5 million to enter the European market. Key achievements include the successful testing of a custom WAM system for AUSTAL USA, potential expansion in the US defense sector, and compliance with AS9100D standards for Aviation, Space, and Defence manufacturing. The company is also exploring opportunities in non-Defence sectors and expanding its presence in Europe and Australia.
More about AML3D Ltd
AML3D Limited is a leader in large-scale Wire Additive Manufacturing (WAM) technology and 3D metal printing solutions. The company focuses on providing advanced manufacturing technologies, particularly for the US Defence and industrial manufacturing sectors. AML3D has established operations in the US and is expanding into European markets, with a strong emphasis on the Defence, Utilities, Aerospace, Marine, and Oil & Gas industries.
YTD Price Performance: -24.32%
Average Trading Volume: 1,634,529
Technical Sentiment Signal: Hold
Current Market Cap: A$75.28M
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