AML3D to produce 3D printed parts for power plant

AML3D Awarded purchase order from Major Australian Energy company for 3D–Printed Power Plant components.

Highlights

• AML3D becomes an approved supplier of 3D printed parts for power plants for a major Australian Energy company
• The award is for an initial order which includes supply of high value, nickel aluminium bronze impellers
• AML3D’s sustainable manufacturing technology helps optimise the Energy company’s replacement parts program by reducing lead times and improving ESG outcomes.
• AML3D is using its proprietary WAMsoft^® and integrated 3D scanning technology to build a digital virtual library of the Australian Energy company’s parts inventory.
• Digital virtual library will underpin future opportunity to supply parts, on-demand, including legacy components not readily available from OEMs

AML3D (ASX:AL3), a global provider of large-scale metal additive manufacturing technology and solutions, is delighted to announce it has become an approved supplier of 3D printed metal components to one of Australia’s leading energy companies.

Under the purchase order, AML3D will use its proven WAM^® technology to produce components for the energy company’s parts replacement process for existing power generation facilities. AML3D will introduce its sustainable manufacturing into their supply chain and deliver these components on an ‘on demand’ basis from its existing Adelaide facility.

The initial purchase order for AML3D printed parts is on standard commercial terms and valued at approximately $55,000, which is not material in terms of AML3D’s forecast annual revenue. This initial purchase order includes manufacture of impellers produced from high-value nickel aluminium bronze material. It is consistent with AML3D’s growth strategy and demonstrating capacity to produce high value replacement components for the energy sector.

AML3D will operate a 3D scanning process to initiate the creation of a digital virtual library of component inventory using this purchase order in order to provide a future platform as the company progresses through its the ongoing parts replacement program. The creation of the digital virtual parts library would enable the company to reduce its existing store of inventories and reduce supply chain risks, by providing a reliable and efficient on-demand supply of replacement parts. 

The advantages of AML3D’s proven WAM^® technology were key considerations in the energy company’s decision in placing this purchase order. WAM^® allows AML3D to 3D print parts that are no longer available from historical manufacturers or are subject to prohibitively long traditional manufacturing delivery times. In addition, AML3D’s advanced manufacturing technology delivers low carbon emissions that support the company’s sustainability initiatives.

AML3D Managing Director Mr Andrew Sales said:

Entering into this purchase order demonstrates AML3D is delivering against our multi phase growth strategy. We identified supplying high value replacement components to the energy sector as an immediate value driver for the business and becoming an approved supplier to a major energy provider aligns with that objective.

Over the coming months, we will work with our customer to undertake a 3D scanning program of their inventory to build a digital library of parts for future supply.

AML3D looks forward to being a valuable, high quality and efficient supplier of parts to the energy sector, with materially better sustainability and environmental outcomes compared to traditional component part suppliers.

This announcement has been authorised for release by the Board of AML3D.

AML3D’s proprietary software WAMSoft^®

Source: AML3D to produce 3D printed parts for power plant PDF, Company News