AML3D (ASX:AL3) - Managing Director, Andrew Sales
Managing Director, Andrew Sales
Source: Adelaide Now
The Market Herald - At The Bell

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  • AML3D (AL3) has completed phase one testing of next-generation titanium body armour with partner, Lightforce Australia
  • AML3D is utilising its Wire Additive Manufacturing (WAM) technology which can produce variable, made-to-fit components and plates
  • Titanium body armour produced using this technology may provide enhanced strength and reduced weight for defence and law enforcement personnel
  • According to AML3D, this would be a world-first offering in an industry expected to exceed US$3 billion (roughly A$4.1 billion) by 2025.
  • The partners will proceed to the next stages of product development under the terms of a memorandum of understanding agreement
  • Company shares are up 21.4 per cent and are trading for 25.5 cents

AML3D (AL3) has completed phase one testing of next-generation titanium body armour with partner, Lightforce Australia.

Lightforce Australia develops and manufactures defence solutions in Australia and the United States.

The completion of phase two testing allows the companies to proceed to the next stages of product development under the terms of a memorandum of understanding agreement.

AML3D is utilising its Wire Additive Manufacturing (WAM) technology which can produce variable, made-to-fit components and plates. This is a function that isn’t possible when using traditional subtractive techniques such as forging and casting.

WAM-produced titanium body armour can potentially provide enhanced strength and reduced weight. This results in significantly high, if not the highest, degree of protection for people within the defence and law enforcement industries.

According to AML3D, this would be a world-first offering in an industry expected to exceed US$3 billion (roughly A$4.1 billion) by 2025.

Once the overall product development program has been completed, Lightforce and AML3D will look to formalise a commercial manufacturing agreement.

Company shares are up 21.4 per cent on the back of today’s news and are trading for 25.5 cents each at 2:16 pm AEST.

AL3 by the numbers
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