AML3D Ltd (ASX:AL3) was established in 2014 to commercialise the patented WAM (Wire Additive Manufacturing) process, an additive manufacturing technology for the cost-effective production of large, high-performance metal components and structures. The company has reported a positive outlook with Q3 results and forecasts a strong revenue and cashflow quarter in Q4. AL3 is currently building three machines for delivery in FY22 and expects another sale in Singapore. The company has orders for two more machines to be delivered before December. AL3 is focused on expanding acceptance of the WAM process for fast, high-quality, on-demand manufacturing. AL3 continues to invest in R&D to increase machine capacity, speed and strength. Similarly, partnerships with Deakin University in advanced materials will likely allow lighter, stronger products to be manufactured using AL3’s patented WAM process and likely provide additional commercial opportunities in supply of welding materials. AL3’s announcement of a supply agreement with AGL Energy Ltd (ASX:AGL) is a significant step on the path to fully integrating 3D printing and the WAM process into corporate supply chains. Adding the capacity for locally supplied, on-demand, parts has the potential to rebalance logistics and strategic challenges back in favour of the remote user of those parts.
20 May 2022
AGL begins 3D printing power station parts on demand
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AGL begins 3D printing power station parts on demand
AML3D Ltd (ASX:AL3) was established in 2014 to commercialise the patented WAM (Wire Additive Manufacturing) process, an additive manufacturing technology for the cost-effective production of large, high-performance metal components and structures. The company has reported a positive outlook with Q3 results and forecasts a strong revenue and cashflow quarter in Q4. AL3 is currently building three machines for delivery in FY22 and expects another sale in Singapore. The company has orders for two more machines to be delivered before December. AL3 is focused on expanding acceptance of the WAM process for fast, high-quality, on-demand manufacturing. AL3 continues to invest in R&D to increase machine capacity, speed and strength. Similarly, partnerships with Deakin University in advanced materials will likely allow lighter, stronger products to be manufactured using AL3’s patented WAM process and likely provide additional commercial opportunities in supply of welding materials. AL3’s announcement of a supply agreement with AGL Energy Ltd (ASX:AGL) is a significant step on the path to fully integrating 3D printing and the WAM process into corporate supply chains. Adding the capacity for locally supplied, on-demand, parts has the potential to rebalance logistics and strategic challenges back in favour of the remote user of those parts.