AML3D has announced a new contract to develop and metal 3D print a replacement component used in US Navy submarines.
This component is no longer available from traditional manufacturers, creating an opportunity for AML3D to demonstrate their additive manufacturing technology.
The manufacturing contract is valued at $2.02 million and will run for a period of 9 months, starting in September 2023.
This contract follows recent Alloy Testing contracts and ARCEMY sales to support the US Navy’s submarine industrial base.
“AML3D is excited to continue to deepen its long-term, strategic partnership with the US Navy’s submarine industrial base. The NSC components manufacturing contract is further evidence of the growing momentum in our US scale-up strategy. This strategy is driving the growth of the company and creating value for our shareholders over the immediate term and beyond,” said Sean Ebert, AML3D Interim CEO.
The delivery of these complex submarine components, which is no longer available from traditional manufacturers, demonstrates the important role of AML3D’s ARCEMY technology at a time of heightened interest in advanced manufacturing to help meet demand driven by the AUKUS alliance.”