AML3D Ltd (AU:AL3) has released an update.
AML3D Ltd has secured a pivotal A$0.35 million contract to supply a 6-part nozzle assembly for an Australian Government aerospace defence project, building upon a previous successful delivery that showcased the superiority of their Wire Additive Manufacturing technology. The company anticipates this contract will bolster its expansion into additional defence markets, complementing its US growth strategy that netted nearly A$12 million in contracts in 2023. AML3D’s technology is set to enhance the efficiency of defence supply chains by offering high-quality components with faster production times and reduced waste.
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