Ann: AL3: AML3D executes contract with Austal, page-2

AML3D EXECUTES CONTRACT WITH AUSTAL HIGHLIGHTS

• AML3D has executed a contract with Austal Limited to co-develop components for maritime defence applications
• AML3D to design a personnel lifting device for manufacture using WAM® technology. The lifting device is intended for installation on-board naval vessels constructed by Austal
• Project intends to showcase and validate AML3D’s capabilities in the Australian and global defence market

AML3D Limited (ASX: AL3) (“AML3D” or “the Company” )is pleased to announce the execution of a contract with Austal Limited (“Austal” )(ASX: ASB) to co-develop components for maritime defence applications.
The contract evolved from an MoU formed with Austal in August 2019.

Austal identified AML3D as a leading provider of pioneering Additive Manufacturing technologies and design solutions.
AML3D will utilise its in-house Design for Additive Manufacturing (“DfAM” ) platform to optimise the design of the existing lifting device.
AML3D aims to deliver a lighter and ergonomically friendly solution with enhanced load-bearing capabilities.

The proposed next-generation lifting device is intended for installation on-board naval vessels constructed by Austal and will act as a showcase of AML3D’s technology platforms.
The high degree of third-party design verification, mechanical testing, load testing and certification will further validate AML3D’s technology leadership in the market.

This project is highly aligned with AML3D’s strategic goal to apply WAM® to a broad range of applications in shipbuilding.
To exemplify the expansion of these applications, Austal is interested in exploring WAM®’s robotic capabilities in large scale ship module constructions.


Mr Andrew Sales, AML3D’s Managing Director comments:
“We’re excited to design and manufacture advanced solutions for quality counterparties such as Austal.
To be identified by Austal as a leading Australian innovator is a testament to our technology platform and provides a great opportunity to significantly expand our presence in the Australian & global marine sector.”

Mr Andrew Malcolm, Austal’s Chief Digital Officer comments:
“This is an initial step towards a much bigger goal to incorporate additive manufacturing methods within our business and we are proud to be able to pursue this exciting path with a fellow Australian technology leader in AML3D.”