AML3D, Austal USA Deliver Portable Arcemy System to US Navy Hub

MT Newswires Live

05/06

AML3D (ASX:AL3), together with Austal's (ASX:ASB) US arm, Austal USA, completed the delivery of its first portable Arcemy system to the US Navy's Additive Manufacturing Centre of Excellence in Danville, Virginia, according to a Wednesday Australian bourse filing.

The system is built for quick deployment, enabling faster technology development and component production alongside existing large-scale Arcemy units, per the filing. Its portable design allows it to be reinstalled within just one to two days, which is significantly quicker than fixed systems.

The completion triggers the final payment of around AU$1.2 million order from Austal USA, the filing added.

AML3D's shares fell about 3% in recent Wednesday trade, while Austal's shares rose past 3%.

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