AML3D announces new CEO

Large-format, wire arc additive manufacturing business AML3D has announced Ryan Millar as its new CEO, effective immediately, with founder and Managing Director Andy Sales to focus his attention on technology development as CTO.

In a statement on Monday morning, AML3D – which sells AM machines, equipment and software and operates a bureau service – said that the appointment was in line with its next phase of growth, and as it builds its executive team.

It said that Sales remained “actively involved” as a “significant shareholder” as well as Executive Director, and would provide technical and engineering support to the sales and marketing teams and the company’s partners.

The company was founded in 2014, and listed on the ASX in 2020.  

Millar was most recently CEO of Environmental Earth Sciences International (EESI), and has 18 years of executive leadership experience, AML3D said.

“Bringing Ryan in as the new CEO also allows me to focus my strengths and efforts on developing new technology solutions and driving AML3D’s research and development projects to commercial outcomes,” said Sales. 

“These R&D projects have the potential to deliver new materials and AML3D branded products that will maintain the Company’s leadership position in large-scale metal additive manufacturing and underpin the long-term growth of the Company.”

AML3D’s R&D projects include developing new aluminium-scandium alloys for welding wire, as well as aluminium wire incorporating boron nitride nanotubes. Last week it announced an increased order from Boeing (previously announced in July) from an initial $140,000 to $350,000 in value, and including prototype components.  

“ALM3D has a proven, proprietary technology that fundamentally disrupts industrial-scale metal manufacturing,” said Millar. 

“AML3D’s Arcemy and WAM technologies produce better components, in less time and, importantly with better ESG outcomes for Tier 1 global clients. Recent contract wins with the likes of ExxonMobil and Boeing, coupled with ongoing contract discussions with other global Tier 1 companies, will ensure this growth momentum continues.”

Millar’s initial term is for three years at $340,000 per annum, including superannuation.

Picture: ABB

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