Ann: AML3D wins $2.27M Arcemy X Contract in US Utilities Sector, page-65

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    https://www.aumanufacturing.com.au/aml3d-opens-new-us-tech-centre


    AML3D opens new US tech centre



    12 December 2024 09:23
    By Staff Reporter



    AML3D has opened its new US headquarters and purpose-built manufacturing in Ohio, in the US.
    The site is equipped with its 3D metal printing ARECMY advanced additive manufacturing system, with a second system to be installed early next year.
    The opening of this new site is part of the company’s US-focused ‘scale up’ strategy, leveraging off its recent wins with the US Navy’s submarine sector, with a focus on expanding into the US’s utilities, aerospace, oil & gas, and marine sectors.


    The new facility has already begun working on a contract awarded to it earlier this week with the largest public utility power company in the US, the Tennessee Valley Authority.
    “This inaugural order supports AML3D’s plans to invest an additional $12m to more than double the capacity at the new facility with the installation of up to 2 additional ARCEMY systems,” the company said.

    “US-based manufacturing is also a pre-requisite for accessing lucrative contracts restricted by the US International Traffic in Arms Regulations and other US-only controlled information defence contracts.”

    AML3D President of US, Pete Goumas said the opening of the new facility will allow the company to ‘super-charge its US scale up strategy’.

    AML3D CEO Sean Ebert said the US expansion is also good news for its Australian operations.
    “Our expanding US manufacturing footprint also frees up capacity at our Australian facility that we can use to support a roll out of our US playbook in other significant global defence markets with a focus on AUKUS partners,” Ebert said.


    “The roll out of our scale up playbook in Europe is at an earlier stage but we are directing funds from our recent capital raise to establish an ARCEMY system in Europe to take advantage of the demand signals we are seeing in the UK, which are similar to those that supported our move into the US market.
 
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