Key points
- AML3D signs initial parts order from US Navy valued at ~AU$0.5 million
- Order involves three large, high-pressure fluid control components
- Transitions component production from traditional methods to AML3D's WAM technology
Full summary
AML3D Limited (ASX:AL3) has announced an initial production parts order from Austal USA, a significant player in the US Navy's submarine industrial base, valued at approximately AU$0.5 million. The order involves the supply of three large, high-pressure fluid control components for use in US Navy nuclear submarines. This order signifies a transition from traditional manufacturing methods to AML3D's Advanced Wire-Arc Additive Manufacturing (WAM) technology, highlighting the potential of 3D printing in defense manufacturing. The components will be produced at AML3D's US headquarters in Stow, Ohio. Payment terms are structured with 50% upfront and the balance upon delivery, testing, and commissioning, expected by the end of Q3 FY27. This order not only validates AML3D's WAM technology but also supports the US Navy's forecast of needing up to 1,600 additively manufactured components by 2030.
Guidance
AML3D targets up to 1,600 additively manufactured components by 2030 for US Navy
Outlook
AML3D sees this order as a strong endorsement of its WAM technology and expects growing demand for both component manufacturing and ARCEMY systems in the US.