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- AML3D (AL3) has sold one of its robotic welding and additive manufacturing modules to a West Australian engineering firm
- iKAD Engineering acquired the start-up’s Arcemy module in a bid to enhance its manufacturing capabilities
- AL3 has received an initial $300,000 for the sale but could receive up to over $500,000, which is subject to agreement on final specifications
- In essence, the Arcemy module uses robotic welding to manufacture large metal components from 3D CAD software into a near shape item
- A spokesperson for iKAD said their Arcemy module will be used initially to make pipes for their engineering services
- AL3 shares are up a healthy 4.11 per cent, trading at 38 cents each
AML3D (AL3) has sold one of its robotic welding and additive manufacturing modules to a West Australian engineering firm.
iKAD Engineering acquired the start-up’s Arcemy module for an initial purchase order of $300,000 in a bid to enhance its manufacturing capabilities.
AML3D says the purchase order has been designed and tailored specifically for iKAD manufacturing applications.
In essence, the Arcemy module uses robotic welding to manufacture large metal components from 3D CAD software into a near shape item.
A spokesperson for iKAD said their Arcemy module will be used initially to weld pipes for their engineering services.
AML3D’s Managing Director Andrew sales said he sees the buy as strong indiction of their ability to provide robotic welding solutions.
“The customisation of the Arcemy module cements its commercial viability, and most importantly allows our customer to improve their manufacturing efficiencies through automation, 3D metal printing and additive joining,” he explained.
A initial $300,000 purchase order has been received by AL3 with a potential final sale value of over $500,000 subject to agreement on final specifications.
AL3 shares are up a healthy 4.11 per cent, trading at 38 cents each at 9:10 am AEDT.
