AML3D Limited (ASX: AL3) announced a sale of a 2600 Edition ARCEMY system for use by US Navy component supplier Laser Welding Solutions. LWS has operated this ARCEMY system under a lease agreement since September 2023 for a Nickel Aluminium Bronze alloy qualification program for the US Navy. The 2600 Edition ARCEMY system is AML3D's most miniature industrial scale metal 3D printing system, capable of producing NAB components for US Navy applications.
The purchase order for the ARCEMY system has been received from BlueForge Alliance, activating its option to buy the ARCEMY System that it currently leases for operation by LWS. BlueForge is a US Department of Defence intermediary supporting the acceleration of advanced manufacturing technologies across the US defense industrial base. The purchase of the ARCEMY System also includes an initial one-year service and maintenance contract. Establishing annual recurring service and maintenance contracts is a critical strategic objective within the AML3D US Scale-up strategy to drive revenue growth.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com
Oct 22, 2024
Oct 22, 2024
Oct 22, 2024
Oct 22, 2024
Oct 22, 2024
Oct 22, 2024
Oct 22, 2024
Oct 22, 2024
Oct 22, 2024
Oct 21, 2024
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
