Wire arc metal additive manufacturing machinery manufacturer AML3D has reported the company’s second successive quarter of record quarterly cash receipts, reflecting the continuing strong momentum in the company’s US ‘Scale up’ strategy in the US defence sector. The strategy delivered over A$12 million of orders in CY2023 in support of the US Department of Defence,…
Wire arc additive manufacturing business AML3D has announced an order for the largest machine it has built to date, placed by Austal USA through AML3D’s reseller Philips Corporation. According to a statement to the ASX on Monday, the order is valued at about $2.2 million and is for a custom-built unit based on the company’s…
What were the five biggest stories of the week? Here’s what visitors to this site were reading. 5) AUKUS technology sharing comes a step closer Australian access to foreign technologies on a range of cutting edge industrial technologies is a step closer following progress in the US Senate to the provision of exemptions from export…
Perth international shipbuilder Austal has been awarded a $115 million fixed-price incentive contract option from the United States Navy for the construction of an additional Navajo-class Towing, Salvage, and Rescue Ship (TATS 15, pictured). Austal USA is now under contract for five steel-hulled T-ATS in a programme that could be worth up to US$3.2 billion,…