- AML3D (AL3) has delivered its first Arcemy 3D printing module to ST Engineering in Singapore under a ‘rent to buy’ agreement
- The agreement gives the company access to 50 per cent of Arcemy’s capacity to manufacture components for new customers in the Asia region
- The Arcemy 3D printing module challenges traditional 3D printing techniques as it can be used to print metal parts in an open free-form environment
- It’s also designed to minimise commissioning time before being able to produce commercially
- Once commissioned, the module will give ST Engineering enhanced manufacturing capabilities to deliver custom parts with better strength and durability
- Company shares are up a slight 2.94 per cent and are trading for 17.5 cents each
AML3D (AL3) has successfully delivered its first Arcemy 3D printing module to ST Engineering in Singapore under a ‘rent to buy’ agreement.
Arcemy is a Wire Additive Manufacturing (WAM) product which combines an electric arc as a heat source with wire as feedstock to produce free-form parts.
This technology challenges other wire-feed-stock metal printing techniques as it can be used to print metal parts in an open freeform fabrication environment.
The highly innovative product reduces the cost and time of manufacturing and removes the traditional size restrictions of 3D printing.
The Arcemy 3D printing module is also designed to minimise commissioning time before being able to produce commercially. Once commissioned, the module will provide ST Engineering with enhanced manufacturing capabilities that can deliver custom components with much greater strength.
“The delivery of our first Arcemy module is a significant milestone in the commercialisation pathway of AML3D,” Company Managing Director Andrew Sales said.
The ‘rent to buy’ agreement gives the company the right to use 50 per cent of the Arcemy module’s capacity during the ‘rent’ period. Having access to the module gives AML3D the ability to manufacture components for customers throughout Asia before it establishes its planned facility in Singapore.
ST Engineering is considered one of Asia’s leading defence and engineering companies. Its reputation provides AML3D with a solid foundation to network and grow operations across the region.
Company shares are up a slight 2.94 per cent and are trading for 17.5 cents each at market close.