AML3D debuts on ASX following $9 Million IPO, increasingly shows the potential of its additive manufacturing technology

AML3D Limited increasingly raises attention on the additive manufacturing market. The Australian manufacturer of metal AM systems is now listed on the Australian Securities Exchange (“ASX”), after securing AUD$9.0 million via an Initial Public Offering (IPO).  

Known as a specialist of Wire Additive Manufacturing (“WAM®), the company develops a patented technology which delivers a sustainable process that allows for the fabrication of freeform complex shapes and savings of 80% of material as compared to traditional casting and forging processes.

Notable applications in the marine, aerospace and defence industries

AML3D has seen the capabilities of its technology leveraged by Marine, Defence,
Resources and Aerospace industries.

The 3D printed Panama Chock illustrates these capabilities in the marine industry. The company explained that this paid trial aims to ascertain performance via third party testing and future production volumes. 

The WAM ® process provides the opportunity for design optimisation, providing up to 30% weight reduction without compromising in-service loads of 250 tonnes.

Today, further discussions are in progress to envision future orders.

In the aerospace and defence industries, ST Engineering will be the first company to leverage Arcemy® 3D printer. Even though it did not reveal the price, AML3D revealed on the other hand, that this commercial agreement will enable it to use 50% of Arcemy® for contract manufacturing for other customers in the region.

These announcement in these times of COVID-19 also show the various ways the market advances from one region to another.

While waiting to proceed to the shipment, AML3D currently leverages the advantages of WAM® technology to meet the local demand in shortage of medical supply chains.

Over time, the manufacturer will handle custom orders gradually across a range of industries. It expects to update the market on progression of these activities in the near term.

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