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- AML3D (AL3) signs a $190,000 manufacturing purchase order with oil and gas company, ExxonMobil, to create the world’s largest 3D metal printed commercial pressure vessel
- The tech company will use its WAM technology to 3D metal print the eight-tonne vessel for ExxonMobil’s refinery operations
- AL3 says its WAM production has led to faster manufacture times of around 12 weeks as opposed to 12 months for traditional manufacturing
- The fast manufacturing will meet ExxonMobil’s September deadline
- AL3 last traded at 5.7 cents per share on June 28
AML3D (AL3) has signed a $190,000 manufacturing purchase order with oil and gas company, ExxonMobil, to create the world’s largest 3D metal printed commercial pressure vessel.
The manufacturing tech company will use its WAM technology to 3D metal print the eight-tonne vessel for ExxonMobil’s refinery operations.
AL3 was selected due to its printing WAM technology and its ability to print commercial large scale certifiable parts. The company said its WAM production has seen significantly faster lead times to manufacture of around 12 weeks as opposed to 12 months for traditional manufacturing.
The fast manufacturing will meet ExxonMobil’s September deadline.
“Signing this deal with ExxonMobil is a further demonstration of delivery against our multiphase growth strategy,” AL3 Managing Director Andrew Sales said.
“We have a major focus on building our capability and presence in the global Oil and Gas sector as an immediate value driver for the business and this contract absolutely aligns with that objective.”
AL3 recently printed what is currently the world’s largest 3D metal printed oil and gas high-pressure piping vessel. The vessel has met all criteria’s and has been verified by Lloyd’s Register.
On the market, AL3 last traded at 5.7 cents per share on June 28.
