Yeah that’s what I was thinking. Surely Austal has done the numbers and sees it as worth it. Also Lincoln Electric is looking like direct competition in the US. I don’t know much about them but I saw a Navy contract go out to them for a big propulsion part. Probably something AML needs a domestic facility to get contracted for herself. Lincoln Electric’s tech looks like WAAM but it’s not very explicit.
On a side note why is the US patent taking so long, we got Australia, Japan, India and I think the EU but no US patent yet.
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27.5¢ |
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Mkt cap ! $150.1M | |||
| Open | High | Low | Value | Volume |
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| Last trade - 16.10pm 08/08/2025 (20 minute delay) ? |
| AL3 (ASX) Chart |