AML3D enters into global collaboration with AdditiveNow
- AML3D will collaborate with AdditiveNow to accelerate WAM® adoption within both groups’ global networks.
- Objective is to mutually achieve a larger global market and increased capabilities in advanced manufacturing for newly identified markets.
- AML3D to provide metallurgy, design, engineering advisory and its proprietary WAM® manufacturing technology and services to customers in the energy, chemicals, oil & gas and mining industries.
AML3D Limited (ASX: AL3) (“AML3D” or “the Company”) is pleased to announce it has executed a Global Collaboration Agreement (“GCA”) with AdditiveNow Pty Ltd (“AdditiveNow”) offering end-to-end integrated additive manufacturing advisory and printing services to a broad range of global customers.
It is proposed that AML3D and AdditiveNow will work towards a commercial framework represented in the diagram below with the objective of accelerating the market adoption of Additive Manufacturing and the Company’s Wire Additive Manufacturing (“WAM®”) technology to a global customer base in the energy, chemicals, oil & gas and mining industries.
Under the terms of this agreement, both parties will achieve a larger global market and enhanced capabilities for these newly identified markets. AdditiveNow intends to expand its additive manufacturing consulting to include components that can be manufactured more efficiently with WAM than traditional methods of casting, forging and fabrication. AML3D will collaboratively provide metallurgy, design, WAM® advisory services to AdditiveNow’s customers around WAM®’s product performance, time and manufacturing efficiencies, with the mutual goal to reduce physical inventory and improve agility by manufacturing on demand.
AML3D’s Managing Director, Andrew Sales, commented:
“We’re excited to work with AdditiveNow, and look forward to accelerating WAM® adoption with a broader customer base. This agreement will be mutually beneficial as we build on our mutual strengths in our respective key markets.”
This announcement has been authorised for release by the Board of AML3D.
About AML3D Limited
AML3D (ASX:AL3) is an Australian public company redefining the standards of productivity. Incorporated in 2014, AML3D utilises 3D printing to solve complex challenges with metallurgy, patented WAM® process, proprietary software WAMSoft®, creating certified, industrial products more sustainably. AML3D provides additive manufacturing on demand services in contract manufacturing centres and is the original equipment manufacturer of Arcemy®, metal 3D printers that utilise local materials to manufacture high performance products closer to the location of use.
AdditiveNow is a joint venture of Advisian Digital, the data science, software and technology business of Worley Limited (Worley), global provider of professional project and asset services, and Aurora Labs Limited. AdditiveNow provides additive manufacturing and engineering expertise on demand to bespoke 3D printed complex parts for the energy, chemicals and resources industry.
AML3D™, WAM®, WAMSoft®, Arcemy® are all registered trademarks of AML3D.
All product names, logos, and brands are property of their respective owners. All company, product and service names used in this release are for identification purposes only.