AML3D Receives $2M Order from Us US Navy for Submarine Parts.
Highlights
- AML3D to manufacture high demand components for US Navy submarines.
- AML3D’s ability to metal 3D print these high demand non-safety critical components solves a significant US Navy supply chain challenge.
- The contract accelerates AML3D’s strategy to embed ARCEMY 3D metal printing technology in the US Navy’s submarine industrial base.
AML3D Limited (ASX:AL3) (“AML3D” or “the Company“) is pleased to announce it has signed a contract to develop and metal 3D print a replacement component used in US Navy submarines. This high demand component is no longer available from traditional manufacturers, creating an opportunity to demonstrate the role AML3D’s additive manufacturing technology can play in addressing supply chain constraints across the US Navy’s Submarine Industrial base. The contract has been signed with BlueForge Alliance, a nonprofit, neutral integrator supporting the strengthening and sustainment of the US Navy’s Submarine Industrial Base, including through the acceleration of Advanced Manufacturing technologies.
The manufacturing contract is valued at circa A$2.02 million, (US$1.51 million), payable up front and upon meeting contract milestones. The contract will run for a period of 9 months starting in September 2023. The non-safety-critical (NSC) components are high demand components made with Nickel-Aluminum-Bronze (NAB) alloy material, which AML3D have qualified. The manufacturing contract will allow AML3D the opportunity to demonstrate its ARCEMY® Additive Manufacturing technology can produce complex components to a high quality and exceed the material strength properties of the equivalent cast parts.
The NSC components manufacturing contract directly aligns with AML3D’s US scale up strategy to embed the Company’s proprietary ARCEMY® technology within the US Defence and Maritime sectors. This contract follows recent Alloy Testing contracts and ARCEMY® sales to support the US Navy’s submarine industrial base and demonstrates the increasing momentum across AML3D’s US operations.
AML3D Interim CEO Sean Ebert said:
The delivery of these complex submarine components, which is no longer available from traditional manufacturers, demonstrates the important role of AML3D’s ARCEMY technology at a time of heightened interest in advanced manufacturing to help meet demand driven by the AUKUS alliance. AML3D’s focus is on the US defence, aviation and maritime sectors and the Company is well positioned to access the many opportunities that will be created as a result of the AUKUS Alliance, in the US, Australia and Europe.
Above: Typical ARCEMY® X Wire-arc Additive Manufacturing, metal 3D printing system.
This announcement has been authorised for release by the Board of AML3D.
Sources:
AL3 AML3D receives $2m order from US Navy for Submarine Parts, PDF
AL3 US Defence Extends Testing Contract with AML3D, PDF
AL3 ARCEMY Ordered for the US Navy’s Center of Excellence, PDF
About AML3D
AML3D Limited, a publicly listed technology company founded in 2014, utilises new technologies to pioneer and lead metal additive manufacturing globally. Disrupting the traditional manufacturing space, AML3D has developed and patented a Wire Additive Manufacturing (WAM®) process that metal 3D prints commercial, large-scale parts for Aerospace, Defence, Maritime, Manufacturing, Mining and Oil & Gas. AML3D provides parts contract manufacturing from its Technology Centre in Adelaide, Australia, and is the OEM of ARCEMY®, an industrial metal 3D printing system that combines IIoT and Industry 4.0 to enable manufacturers to become globally competitive.