AML3D signs $530,000 contract with BAE Systems

AML3D, a developer of industrial metal 3D printing technology, has signed a AUD 0.83 million (approximately USD 530,000) contract with BAE Systems under which AML3D will source 8.5 tonnes of Nickel Aluminium Bronze (NAB) wire feedstock.

The next phase of AML3D’s growth strategy includes leveraging the company’s manufacturing capacity within Australia, following the opening of the US manufacturing facility in December, to support the UK and Australian defense markets. This contract with BAE Systems represents the initial steps in the delivery of this new growth phase.

“AML3D has been developing its relationship with the BAE Systems for over a year. It is very exciting to see that work translate into an initial contract from BAE Systems. It is even more exciting that this contract is planned to be just the first and I look forward to giving updates on additional contracts as the program progress,” said Sean Ebert, CEO of AML3D. “AML3D is moving into the next phase of our growth strategy, which includes leveraging the extraordinary growth and demand we are experiencing within the US Navy’s Submarine Industrial Base to expand into the Australia and the UK Defence sectors. Beyond this BAE Systems contract, AML3D is developing opportunities with other companies supporting the UK Defence sector. And while winning Defence contracts can take time, I am confident that we will be in a position to announce additional orders from the UK and Australian defence sectors to complement the huge momentum we are seeing in the US.”