Investor Presentation - New US defence markets open to AML3D
| Stock | AML3D Ltd (AL3.ASX) |
|---|---|
| Release Time | 31 Mar 2025, 9:16 a.m. |
| Price Sensitive | Yes |
AML3D enters new US defence markets with ARCEMY technology
- AML3D has rapidly scaled up its US operations with over A$19 million in orders for ARCEMY Systems, alloy testing and manufacturing
- AML3D has established a US Technology Center and Manufacturing Hub in Stow, Ohio to support the US Navy Submarine Industrial Base
- The expansion of the US Marine Industrial Base to include shipbuilding, missiles and submarines triples AML3D's near-term market opportunity
AML3D, a leading provider of advanced metal 3D printing solutions, has made significant inroads into the US defence market, securing over A$19 million in orders for its ARCEMY Systems, alloy testing and manufacturing. The company has rapidly scaled up its US operations, establishing a new Technology Center and Manufacturing Hub in Stow, Ohio to support the US Navy's Submarine Industrial Base (SIB).In 2023, AML3D entered the US defence market with the sale of an ARCEMY System to the US Navy SIB. This initial success has led to a rapid expansion, with the company signing a Manufacturing License Agreement with the SIB's procurement partner, Blue Forge Alliance (BFA), in September 2024. The US Department of Defense has subsequently awarded BFA a US$951 million contract to boost the SIB's additive manufacturing capacity and capabilities, further driving demand for AML3D's technology.Recognizing the strategic importance of AML3D's capabilities, the US government has expanded the remit of the Marine Industrial Base (MIB) to include not only submarines, but also shipbuilding and missiles. This tripling of the near-term market opportunity has opened up new avenues for AML3D, with the company now well-positioned to support a wide range of defense sectors, including submarines, ships, ground vehicles, aviation, and guided weapons.To capitalize on this expanded opportunity, AML3D has completed a A$30 million capital raise to more than double its US manufacturing capacity. The company's new Stow facility, which opened in December 2024, has already secured a A$2.27 million order for an ARCEMY X system from the Tennessee Valley Authority, the largest US public utility.AML3D's success in the US market has been underpinned by its strong engagement with key defense and industry partners, including the MIB, Austal, and various educational and training institutions. The company has also built strong relationships with influential US government officials and lawmakers, who recognize the value of AML3D's investment and contribution to the US industrial base.Looking ahead, AML3D is well-positioned to continue its rapid expansion in the US, leveraging its technology, financial strength, and strategic partnerships to capitalize on the growing demand for advanced manufacturing solutions in the defense sector.
AML3D expects to see continued strong demand for its ARCEMY Systems, alloy testing, and manufacturing services from the US defence industry, particularly the expanded Marine Industrial Base, which is now focused on shipbuilding, missiles, and submarines. The company anticipates this will drive significant revenue growth over the coming financial years.
AML3D is confident that its strategic investments in the US, including the establishment of its new Technology Center and Manufacturing Hub in Stow, Ohio, will enable it to capitalize on the significant opportunities emerging across the expanded US Marine Industrial Base. The company is well-positioned to play a key role in the US government's efforts to boost domestic defence manufacturing capabilities, with its patented Wire Additive Manufacturing technology recognized as a critical driver of strategic manufacturing.