AML3D Completes First ARCEMY Systems Order for US Military Shipbuilder
Key points
- AML3D completes an initial ~$4.5 million order for two ARCEMY X systems.
- Order placed by Newport News Shipbuilding (NNS), the largest US military shipbuilder.
- NNS plans to use ARCEMY systems to expedite lead times and reduce environmental impact.
Full summary
AML3D Limited (ASX:AL3) has announced the successful commissioning of two custom, large-scale ARCEMY X systems for Newport News Shipbuilding (NNS), a division of HII, the largest US military shipbuilder. This initial order, worth approximately $4.5 million, marks the completion of the first significant deployment of AML3D's advanced additive manufacturing technology in the US defense sector. NNS plans to leverage these systems to expedite lead times and reduce environmental impacts compared to traditional manufacturing techniques. Additionally, NNS has placed a second order for four more ARCEMY X systems, valued at approximately $9.9 million, scheduled for delivery in early 2027. This growing demand from the US Marine Industrial Base underscores AML3D's technology's strategic importance and supports the company's expansion plans in the US market.
Guidance
AML3D expects the second order from NNS to be delivered in early 2027.
Outlook
AML3D plans to double its US manufacturing capacity to meet the increasing demand from the US Marine Industrial Base and other global defense markets.
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