AML3D Limited (ASX: AL3) confirmed that it intends to establish a standalone, fully operational facility in Ohio to increase the AML3D capacity via it can take advantage of the firm and rising demand in the US for advanced manufacturing technology solutions, notably within the US Defence industry. It will build AML3D’s ARCEMY advanced manufacturing systems, fulfil contract manufacturing, alloy testing, and prototyping contracts, and house AML3D’s US sales and operating functions.
The Ohio-based manufacturing facility will house AML3D’s US headquarters and operating facility. AML3D invests in its software and technology to maintain the Company’s competitive advantage and increase the applications of its Wire-Arc Additive Manufacturing solutions, particularly in support of the US Defence sector. It includes expanding AML3D’s software development expertise and capabilities to build new features that will improve AML3D’s ARCEMY platform in both build size and speed and maintain its position as a market-leading advanced additive manufacturing solution.
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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.
