AML3D Ltd (AU:AL3) has released an update.
AML3D Ltd has announced the sale of its ‘2600 Edition’ ARCEMY system to US Navy component supplier Laser Welding Solutions for approximately A$1.1 million, signaling progress in the company’s US defense sector integration and its strategic focus on recurring maintenance revenue. This deal includes a one-year service contract and is part of AML3D’s larger strategy to scale up and embed its Wire Additive Manufacturing (WAM) technology within key markets, including defense and aerospace. The sale is a testament to AML3D’s expanding influence in the US, the largest additive manufacturing market globally.
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