• Successful site acceptance testing of largest ever custom WAM system for AUSTAL USA
• Continuing investment to establish US growth platform
• CEO US site visits reveal potential for 3x expansion of US defence opportunity
• Prototype system to extend technology leadership via increased deposition rates underway

AML3D Limited (ASX: AL3), a leader in large scale Wire Additive Manufacturing (WAM) technology and 3D metal printing solutions, has provided its Quarterly Activities Report and Appendix 4C for the quarter ended 31 March 2025 (Q3FY25). The company reported quarterly operating cash flow break-even, with A$2.5 million in customer receipts, up 37% on the prior corresponding period. This was driven by strong growth in the US market, where AML3D is investing to expand its manufacturing capacity and technology leadership. Key highlights during the quarter included successful site acceptance testing of the largest ever custom WAM system for AUSTAL USA, continued investment to establish the US growth platform, and CEO site visits that revealed potential for a 3x expansion of the US defence opportunity. AML3D also has a prototype system underway to extend its technology leadership through increased deposition rates. The company maintained a strong cash position of A$31.4 million, which will fund its next growth phase, including a A$12 million investment to double US manufacturing capacity and a A$5 million investment to establish European operations. AML3D's success in the US Navy's submarine industrial base is creating additional opportunities across the wider US Navy Marine Industrial base, while the company is also accessing non-defence markets such as the Utilities sector. The company has also secured a material feasibility contract with a tier 1 defence contractor in the UK, positioning it for continued growth across defence and industrial sectors.

AML3D's success supporting the US Navy's submarine industrial base is creating additional opportunities across shipbuilding and munitions in the wider US Navy Marine Industrial base. In parallel, the company has begun to access non-defence markets in the US, such as the Utilities market. AML3D has also secured a material feasibility contract with a tier 1 defence contractor in the UK, further expanding its global footprint. The company's strong cash position and significant strategic investment programs give the Board confidence that AML3D will continue to experience strong growth, which will translate into increasing shareholder value over time.