AML3D Supports AUKUS Supply Chain

Open PDF
Stock AML3D Ltd (AL3.ASX)
Release Time 6 Jan 2025, 9 a.m.
Price Sensitive Yes
 AML3D Supports AUKUS Supply Chain with Virginia-Class Submarine Components
Key Points
  • AML3D supplies tailpiece components for the US nuclear submarine program as part of the AUKUS partnership
  • The components will undergo testing prior to planned, in-service installation on a Virginia-Class submarine in 2025
  • AML3D delivered the submarine components in less than five weeks, compared to 17-months for traditional manufacturing
  • AML3D's additive manufacturing technology is helping to establish a resilient trilateral AUKUS supply chain
Full Summary

AML3D Limited (ASX:AL3) has announced the delivery of a Copper-Nickel component order for the U.S. Navy's Virginia-Class nuclear submarine program. The prototype tailpiece components, valued at approximately A$156,000, have been supplied for testing and for in-service trials on board a Virginia-Class nuclear submarine. The successful completion of this component order demonstrates how AML3D's proprietary additive manufacturing technology supports the establishment of a resilient trilateral AUKUS supply chain. AML3D's market-leading advanced additive manufacturing technology is delivering a step change in production efficiency and component quality for the U.S. Navy's Submarine Industrial Base. The Virginia-Class submarine prototype tailpiece components were 3D metal printed in less than five weeks compared to an average 17-month lead-time via traditional manufacturing. Over the past two years, AML3D has partnered with the U.S. Navy's Maritime Industrial Base (MIB) Program and BlueForge Alliance to meet emergent material readiness needs for U.S. submarines, and integrating metallic additive manufacturing as an alternative solution to support critical supply chain gaps and constraints. AML3D's successful delivery of this Virginia-Class tailpiece component demonstrates how Australian suppliers are being leveraged to contribute under a tri-lateral industrial base model.

Outlook

AML3D's contribution to support the AUKUS partnership has been recognised by the Deputy Prime Minister and Minister for Defence Richard Marles, who said 'Production of a U.S. Virginia-Class Submarine component in Australia is a great example that AUKUS is happening now, and demonstrates our commitment toward supporting expansion of the trilateral industrial base. Australia's Nuclear-Powered Submarine Program and the AUKUS partnership will provide incredible opportunities for Australia's industry, and these opportunities have already started.'