AML3D enters into global collaboration with AdditiveNow
Highlights
- 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
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.