InvestSMART

AML3D Limited (ASX:AL3)

ALERT: Price-sensitive ASX Announcement for AL3
Current share price for AL3 : $0.100 -0.04 (-28.57%)+
Release
19 Jun 2026 9:11AM
Price at Release
$0.140
Full Release
download
Summary
AML3D Limited (ASX: AL3) announced the successful commissioning of the first two custom, large-scale ARCEMY® X systems for Newport News Shipbuilding, a division of the largest U.S. military shipbuilder HII. This marks the completion of an initial order valued at approximately $4.5 million. A second order worth about $9.9 million for four additional ARCEMY® X systems is expected to be delivered by early 2027. The collaboration aims to integrate advanced additive manufacturing to enhance shipbuilding efficiency and reduce lead times. The demand for these systems supports AML3D's strategy to expand its manufacturing presence in the U.S. to meet the Marine Industrial Base needs, which includes a projected requirement from the U.S. Navy for up to 100 systems and 3,400 parts by 2030. Additionally, AML3D is preparing to establish a European hub to support the AUKUS defense partnership.
Key Points
  • AML3D completes ~$4.5 million order for two ARCEMY® X systems for Newport News Shipbuilding.
  • Newport News Shipbuilding is part of HII, the largest U.S. military shipbuilder.
  • A second order for four additional systems valued at ~$9.9 million to be delivered in early 2027.
  • The ARCEMY® X systems are designed to expedite shipbuilding processes with advanced additive manufacturing.
  • U.S. Navy's Marine Industrial Base demands up to 100 systems by 2030.
  • AML3D to double U.S. manufacturing capacity to meet strong demand.
  • Plans for a European technology hub to support AUKUS defense partnership.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.