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Wednesday 26 June 2024

AML3D (ASX:AL3) expands Australian defence capabilities with marine test parts contract

AML3D (ASX:AL3) has signed a contract with the Australian Government Defence Science and Technology Group to provide components for testing in marine applications.

Highlights

  • AML3D to provide test components to the Australian Government Defence Science and Technology Group (DSTG) to evaluate suitability for marine purposes.
  • Test components will be manufactured using Nickel Aluminium Bronze
    and a high strength steel alloy.
  • The contract is aligned with AML3D’s strategic objective to diversify into additional marine defence markets to complement strong US growth.

 

Commentary 

AML3D CEO Sean Ebert said, “It is very exciting to be directly supplying test NAB and Duplex steel components to the DSTG, which is tasked with assessing the best of Australian science, technology and innovation to address Australia’s defence and national security challenges. AML3D’s WAM manufactured NAB and duplex steel has passed multiple rounds of marine defence testing in the US and here at home. This gives us confidence we will meet the DSTG requirements, creating opportunities for significant new contracts.”

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