• 30% decline in revenue to $3.25 million due to delays and project timeline extensions
• Significant orders from U.S. Navy and other U.S. customers, accounting for 87% of H1 revenue
• Plans to double U.S. operations capacity and establish European Technology Centre to support growth

AML3D's U.S. Scale Up Strategy has continued to deliver significant orders in the first half of the 2026 Financial Year (1H26), with approximately A$16.5 million of orders rolling from last financial year and accumulating during the half. Of this A$16.5 million of orders, A$3.25 million was recognised as 1H26 revenue, representing a 30% decline compared to the prior comparable period. This reduction was attributable to delays in the receipt of raw materials and extensions to project timelines, which have shifted a portion of the revenue into the second half of the 2026 financial year. U.S. based customers accounted for 87% of 1H26 revenues, a strong endorsement of AML3D's decision to focus on the U.S. market. Key milestones in 1H26 included receiving a Letter of Intent from the U.S. Navy outlining plans to collaborate and forecasting demand for 100 additive manufacturing systems and 1,600 additive manufacturing components by 2030, as well as securing several large orders from U.S. customers. AML3D is continuing to diversify its customer base to include core U.S. Defense contracts and expanding into new industrial manufacturing markets in the U.S. and Europe. The company plans to invest in more than doubling the capacity of its U.S. operations and establishing a European Technology Centre to support this growth. AML3D's Australian operations will also support the establishment of an Australian AUKUS additive manufacturing Centre of Excellence.

AML3D enters the second half of the 2026 financial year with orders in hand greater than previous full year results, creating a strong base from which to deliver another year of record revenues.

AML3D has entered its next growth phase by delivering on new contracts in the U.S. Utilities and UK Defence markets, alongside its established work supporting the U.S. Navy Maritime Industrial Base. The combination of AML3D's Technology Centres in Australia, the U.S. and a fully funded and planned Centre in Europe create an international manufacturing network to meet strong demand across major global defence and industrial manufacturing markets.