Additive manufacturing machinery producer AML3D has announce the successful delivery of its first Arcemy 3D printing module (pictured) to ST Engineering in Singapore under a ‘rent to buy’ agreement.
The Arcemy 3D printing module begin commercial production later this month.
Once commissioned, the stand-alone module will provide ST Engineering with enhanced manufacturing capabilities capable of delivering custom components with superior strength.
The ‘rent to buy’ agreement with ST gives AML3D the right to use 50 per cent of the Arcemy module’s capacity through the ‘rent’ period.
The total value of the agreement with ST Engineering remains commercial in confidence and is structured to reflect the shared use of the module.
Access to the module is of great benefit to AML3D, providing the capability to manufacture components for customers throughout Asia before the establishment of its planned Singapore facility.
ST Engineering is one of Asia’s leading defence and engineering groups, providing AML3D with a strong foundation to establish and grow operations within the region.
AML3D’s Managing Director, Andrew Sales said: “The delivery of our first Arcemy module is a significant milestone in the commercialisation pathway of AML3D.
“Partnering with ST Engineering after successfully passing their due-diligence process provides a high degree of industry validation for our technology.”
AML3D listed in February when it raised $9 million through an IPO and established a 15,000 square metre manufacturing facility at Edinburigh Parks north of Adelaide.
The factory produces its machines, which utilise a novel wire additive manufacturing process, and provides contract manufacturing services using an Arcemy module.
The company is co-located with defence customers BAE Systems, Airbus Group, Raytheon and Lockheed Martin and is 30 minutes drive to the Osborne Naval Shipyard
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