Prototype lifting device to be manufactured for AUSTAL

Prototype lifting device to be manufactured for AUSTAL

Highlights

• Austal approves AML3D’s DfAM lifting device to be manufactured by AML3D’s proprietary WAM® process.
• Purchase Order received from Austal Ltd to manufacture the first prototype Davit Arm which will undergo rigorous destructive testing.

AML3D Limited (ASX: AL3) (“AML3D” or “the Company”) is pleased to announce it has received a purchase order (“PO”) from Austal Limited (“Austal”) (ASX: ASB) to deliver an evolutionary lifting device, Davit Arm (Figure 1). The PO follows successful completion of the design and optimisation phase.

As announced on 3 September 2020, AML3D executed a contract with Austal to develop an additively manufactured component for the maritime defence industry. The contract had grown from a MoU after AML3D was identified by Austal as a leading provider of advanced manufacturing technologies and design solutions.

AML3D utilised its in-house Design for Additive Manufacturing (“DfAM”) platform to promptly develop an evolved solution with enhanced load-bearing capabilities. Following stringent structural verification through FEA (Finite Element Analysis), the prototype lifting device is now ready to be manufactured by AML3D’s Wire Arc Manufacturing (“WAM®”) technology.

The PO to manufacture the next-generation lifting device is valued at ~A$60,000. Once produced, the 2.7m length Davit Arm prototype will undergo rigorous destructive testing. These tests are designed to verify the prototype’s performance and material behaviour under load.

AML3D is on track to meet the previously advised 30 October 2020 deadline.

The development contract with Austal presents a significant commercial opportunity for AML3D. Both parties anticipate that AML3D’s innovative technologies may be applied to a broad range of applications in shipbuilding, many of which have been identified.

Source: AML3D – AUSTAL Davit Arm ASX Disclosure PDF, Press Release