AML3D Limited announced the sale of a 2600 Edition ARCEMY system, valued at approximately AUD 1.1 million, to US Navy component supplier Laser Welding Solutions (LWS).
LWS has been utilising the ARCEMY system under a lease agreement since September 2023 for a Nickel Aluminium Bronze (NAB) alloy qualification program for the US Navy, the company said in an ASX announcement.
AML3D CEO Sean Ebert expressed enthusiasm about this development, stating, “This first conversion of a lease agreement with LWS into an outright purchase of an ARCEMY® system, including an annual service and maintenance component, is exciting.”
He continued, “It not only demonstrates progress in embedding our proprietary WAM technology across the US Navy supply chain but also creates opportunities for recurring service and maintenance revenues.”
The purchase order was placed by BlueForge Alliance, an intermediary for the US Department of Defence that supports the acceleration of advanced manufacturing technologies within the US defence industrial base.
Ebert highlighted the strategic importance of this deal, noting, “The continuing momentum within our US scale-up strategy underpins the investment we are making in our US manufacturing hub and headquarters in Ohio.”
“We are looking to maximise opportunities across the US Defence sector, especially the Navy’s submarine industrial base, and extend our reach to global Tier 1 Oil & Gas, Marine, and Aerospace companies based in the US,” he stated.
The sale also includes an initial one-year service and maintenance contract, aligning with AML3D’s strategy to drive revenue growth through recurring service agreements.
This sale follows the recent announcement that LWS is leasing, with an option to buy, two additional 2600 Edition ARCEMY systems to support the development of metal 3D printed components for the US Navy Submarine industrial base.
Ebert remarked, “We are exploring ways to leverage our US ‘Scale-up’ playbook to access additional significant Defence markets such as the UK and Australia, benefiting from being AUKUS partners.”
