Other comments I found interesting from the report:
"Through a high level of customer inquiry and relationship building AL3 has established a list of high-quality potential customers which are now learning through trial production what the AML3D and the ARCEMY®WAM® modules can achieve for them. We expect these explorations to convert to orders in the coming fiscal year". (page 3)
"Between 2000 and 2010 3D printing started to become commercial with venture capital funding for some new technologies in the field. In 2009 and 2011 significant patents expired and catalysed the increasein applications and methods of additive manufacturing. AM has progressed to being described by some as a fourth industrial revolution, manufacturing 2.0 and other transformative terms." (page 5)
The AM market's compound annual growth rate is forecasted between 17.3% p.a. out to 2026 (summarised data from nine market analysis firms) and 25% out to 2030 (EY’s Global Report 2019, “3D printing: hype or game changer?”). (page 6 & 7)
"Acceptance of the benefits of the additive manufacturing approach is now translating into actual incorporation of 3D printing style processes into production and supply chains. There is potential for this process to accelerate as companies and countries seek higher levels of independence post the supply chain disruptions..." (page 9)
"05/05/2021 AML3D Technology Update: R&D will allow next generation 3D printers up to 5x faster than existing with reduced machining and finishing. Design completion expected by Q1 FY22. Includes WAMSoft upgrade for existing clients and development of a new material strength prediction tool with CSIRO." (page 12)
AL3 Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held
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