• Completed key US Navy and Australian defence contracts
• Opened and expanded US facilities, entered US utilities sector
• Raised A$30 million to fund next growth phase

AML3D Limited, a leader in large scale Wire Additive Manufacturing technology and 3D metal printing solutions, has reported a strong Q2 FY25 performance. Key highlights included the completion of key US Navy and Australian defence contracts, the opening and expansion of the company's US facilities, and entry into the US utilities sector. AML3D also raised an additional A$30 million of capital to fund the company's next growth phase. The company's US 'Scale up' strategy, launched in early 2023, has delivered bigger contracts and unlocked new revenue streams, with over A$19 million in orders won to date and A$2.4 million of those orders received in the quarter. AML3D is now well-funded to execute the next phase of its US growth strategy, which is expected to be underpinned by the award of US$951 million in additional funds by the US Department of Defence to Blue Forge Alliance, an AML3D partner, to boost the US Navy's Submarine Industrial Base. The company also plans to leverage its expanded US manufacturing base to compete for lucrative ITAR and other US-only controlled information Defence contracts. Additionally, AML3D is progressing plans to open a European Technology Hub in the second half of FY25 to take advantage of strong demand signals from Europe and the UK Defence sector.

AML3D expects to see a significant increase in US Defence production and ARCEMY® system contracts over the short and medium term, driven by the US$951 million award to Blue Forge Alliance by the US Department of Defence to uplift the US Navy Submarine Industrial Base.

AML3D is well-funded to execute the next phase of its US growth strategy, which includes expanding its US operations to match the expected increase in US Defence production and ARCEMY® system contracts. The company also plans to leverage its additional manufacturing capacity to build on its TVA ARCEMY® contract and accelerate entry into the US Utility, Marine, Oil & Gas and Aerospace sectors. Additionally, AML3D is progressing plans to open a European Technology Hub in the second half of FY25 to drive significant additional contract growth across European Defence, Utility, Oil & Gas, Marine and Aerospace markets over the medium term.