Boeing has ramped up its component purchase order from wire additive manufacturing (WAM) technology developer AML3D.
AML3D announced today that Boeing had increased its order from AML3D announced in July from an initial $140,000 to $350,000, indicating positive results from the company’s supply of initial aerospace components.
AML3D supplied tooling components to Boeing in 2021, ‘aluminium test components’ in the initial $140,000 order, with Boeing now seeking ‘prototype components’.
Boeing inspected AML3D’s Adelaide factory, which manufactures its Arcemy 3D printers (pictured), in March and the company is seeking aerospace quality management system AS9100D:2016 accreditation.
The stock market reacted immediately with AML3D shares this morning jumping 25 percent to 10.5 cents.
AML3D managing director Andrew Sales said: “This expanded purchase contract with Boeing demonstrates the growing momentum in our commercial relationship with one of the world’s largest aerospace companies.
“AML3D has already demonstrated to Boeing that our proprietary WAM metal printing technology produces high quality parts on time and on specification.
“The expanded purchase contract…moves AML3D towards being embedded into Boeing’s supply chain.”
The company’s Arcemy printer has a significant advantage over other metal printers in that it utilises commonly used welding feedstock wire, obviating the need to get exotic metal powders approved for use.