AML3D COMMENCES FIRST PROGRAM OF WORK FOR ADDITIVENOW
Highlights
- AML3D commences program for AdditiveNow, performing the first phase of a program to design and manufacture a large part for a major Australian mining company
- The AdditiveNow collaboration is focused on accelerating the adoption of WAM® within its global network
AML3D Limited (ASX: AL3) (“AML3D” or “the Company”) is pleased to announce that it has initiated a phase 1 materials testing program (“MT Program”) for AdditiveNow Pty Ltd (“AdditiveNow”) for their client, a major Australian mining company.
It is anticipated that WAM® could be utilised to reduce inventory costs associated with large inventories of high-wear and fatigue loaded components that have naturally long lead-times.
This project arose from AML3D’s collaboration with AdditiveNow1. Positive results from this test program may promote the adoption of WAM® across other AdditiveNow customers with similar requirements.
Mr Andrew Sales, AML3D’s Managing Director comments:
“We are pleased to kick off AML3D’s global collaboration agreement with AdditiveNow with this project for a major Australian mining sector customer. We are confident that our test samples will pass the stringent requirements and progress to manufacturing large mining components with WAM® in order to reduce inventory for customers.”
Mr Sales added:
“AML3D is very pleased that the AdditiveNow partnership is delivering outcomes with blue-chip counterparties so early. We aim to maintain this strong trajectory and look forward to what may materialise in the future.”
Source: AML3D commences first program of work for AdditiveNow PDF, Press Release, Company News
Reference 1: ASX release 24/8/20: AML3D enters into global collaboration with AdditiveNow
About AML3D
AML3D Limited, a publicly listed technology company founded in 2014, utilises new technologies to pioneer and lead metal additive manufacturing globally. Disrupting the traditional manufacturing space, AML3D has developed and patented a Wire Additive Manufacturing (WAM®) process that metal 3D prints commercial, large-scale parts for Aerospace, Defence, Maritime, Manufacturing, Mining and Oil & Gas. AML3D provides parts contract manufacturing from its Technology Centre in Adelaide, Australia, and is the OEM of ARCEMY®, an industrial metal 3D printing system that combines IIoT and Industry 4.0 to enable manufacturers to become globally competitive.