AML3D Ltd (ASX:AL3) was established in 2014 to commercialise WAM® (Wire Additive Manufacturing), an additive manufacturing technology for the cost-effective production of large, high-performance metal components and structures. AL3 listed on the ASX in April 2020 at $0.20/share, raising $9m, and raised an additional $7m in October 2020 to hasten the commercialisation programme. The company has established a contract manufacturing facility in Adelaide, is establishing a similar facility in Singapore and is making progress with customers for the proprietary ARCEMY® WAM® modules which are capable of manufacturing items up to 6m long – a significant increase in scale relative to most competing technologies. The company yesterday announced the sale of an ARCEMY® module to University of Queensland for approximately $400,000. This sale furthers AML3D’s intention to increase co-operation with academic institutions, with the aim of raising the knowledge and awareness of WAM® with all industry participants.
22 Oct 2021
University of Qld purchases ARCEMY module
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University of Qld purchases ARCEMY module
AML3D Ltd (ASX:AL3) was established in 2014 to commercialise WAM® (Wire Additive Manufacturing), an additive manufacturing technology for the cost-effective production of large, high-performance metal components and structures. AL3 listed on the ASX in April 2020 at $0.20/share, raising $9m, and raised an additional $7m in October 2020 to hasten the commercialisation programme. The company has established a contract manufacturing facility in Adelaide, is establishing a similar facility in Singapore and is making progress with customers for the proprietary ARCEMY® WAM® modules which are capable of manufacturing items up to 6m long – a significant increase in scale relative to most competing technologies. The company yesterday announced the sale of an ARCEMY® module to University of Queensland for approximately $400,000. This sale furthers AML3D’s intention to increase co-operation with academic institutions, with the aim of raising the knowledge and awareness of WAM® with all industry participants.