AML3D Limited (ASX:AL3) – Building Momentum in Defence with WAM® Technology.
- Noel Ong
- Jul 14
- 7 min read
Announcement
AML3D's Largest Custom Arcemy System Online at Austal USA
AML3D Expands to UK Defence Market with Alloy Test Contract
Investor Presentation - New US defence markets open to AML3D
AML3D Expands its Defence Footprint
AML3D Limited (ASX:AL3) is forging ahead on its expansion strategy with significant strides into both the United Kingdom and United States defence markets. A recent A$0.83 million contract with BAE Systems UK marks a strategic entry into the UK defence supply chain, with AML3D sourcing 8.5 tonnes of Nickel Aluminium Bronze (NAB) feedstock to support BAE’s feasibility program. This follows sustained relationship-building and signifies the company’s growing credibility in defence manufacturing circles.
CEO Sean Ebert emphasized that the BAE Systems contract is just the beginning, forming part of a broader plan to leverage AML3D's advanced manufacturing capabilities from its new US Technology Centre and Adelaide headquarters to support allied defence markets in the UK, Australia, and the US.
Sean Ebert, Chief Executive Officer, commented:
“AML3D has been developing its relationship with the BAE Systems for over a year. It is very exciting to see that work translate into an initial contract from BAE Systems. It is even more exciting that this contract is planned to be just the first and I look forward to giving updates on additional contracts as the program progress.”
“AML3D is moving into the next phase of our growth strategy, which includes leveraging the extraordinary growth and demand we are experiencing within the U.S. Navy’s Submarine Industrial Base to expand into the Australia and the U.K Defence sectors. Beyond this BAE Systems contract, AML3D is developing opportunities with other companies supporting the U.K. Defence sector. And while winning Defence contracts can take time, I am confident that we will be in a position to announce additional orders from the U.K. and Australian defence sectors to compliment the huge momentum we are seeing in the U.S.”
Key Highlights
AML3D secures its first UK Defence contract with BAE Systems for NAB alloy feedstock supply.
Commissioning of the largest custom ARCEMY® system at Austal USA’s Navy AM Center of Excellence.
US operations contribute 80% of revenue, now scaling up with A$19M+ in US defence orders to date.
Strong cash position of $32.1M post a successful A$30M capital raise in Dec 2024.
Clear pathway into broader US and UK defence markets amid escalating interest in additive manufacturing.
ARCEMY® Commissioned at Austal USA
In parallel, AML3D announced the delivery and commissioning of its largest-ever custom ARCEMY® system at Austal USA, located within the US Navy’s Additive Manufacturing Center of Excellence in Danville, Virginia. This new system—featuring an 11,000kg positioner and a 4m+ linear rail with up to 35m³ build volume—is a milestone in defence-grade additive manufacturing.
The deployment reinforces AML3D’s positioning as a technology enabler for the Make Shipbuilding Great Again initiative led by the US Government. Austal USA is central to this movement, with AML3D providing the critical ARCEMY® infrastructure to embed additive manufacturing (AM) into the Navy’s submarine and surface vessel supply chains.
Sean Ebert Chief Executive Officer, commented:
“The successful delivery [of] the custom ARCEMY® system to Austal USA (refer to ASX announcement November 20, 2023) aligns with our ambitions to expand the range of U.S. defense work we do. AML3D already has a track record of deploying our WAM Additive Manufacturing technology in support of the U.S. Navy submarine industrial base. Those successes are translating to an adoption of additive manufacturing technology in the wider U.S. Marine Industrial Base, covering shipbuilding and munitions.”
“I have recently returned from two weeks in the U.S. While there, I inspected our new U.S. facility in Ohio and met with key stakeholders, including U.S. senators, commercial and defense partners and additive manufacturing education and training bodies. The US Government’s ‘Make Shipbuilding Great Again’ initiatives are set to expand, by a factor of three, the potential U.S. Defense markets AML3D’s additive manufacturing technology can address. Additive is now endorsed for use to support US Navy shipbuilding and missile manufacturing. These are markets AML3D already had plans to access directly and through our relationships with key suppliers to the US Navy Marine Industrial base, such as Austal USA.”
“There is increasing confidence within the U.S. defense and commercial sectors in additive manufacturing’s ability to address supply chain constraints and significantly improve supply chain efficiency and quality. This, in turn, gives me great confidence that AML3D will see an acceleration in U.S. Defence contract wins and further success in accessing additional sectors such as U.S. Utilities, Aerospace and Oil and Gas.”
Strong Financial and Strategic Positioning
AML3D reported a 206% revenue increase to $4.63 million for 1H FY2025, with a corresponding 372% rise in gross profit to $3.37 million, largely driven by its US defence contracts. The company’s normalised EBITDA loss narrowed significantly to just $0.17 million. Following an A$30M capital raise in late 2024, AML3D closed the year with $32.1 million in cash, placing it in a strong position to scale its US and UK operations.
The US Technology Center in Stow, Ohio is already fulfilling US Navy Submarine Industrial Base orders. AML3D’s relationship with BlueForge Alliance, a strategic procurement partner of the US Navy, continues to deepen following a US$951 million DoD contract awarded to the alliance in 2024.
Scaling into Global Defence Ecosystems
AML3D's Wire Additive Manufacturing (WAM®) technology is gaining momentum as a disruptive solution to long lead time and high-cost legacy manufacturing. This is particularly vital in defence, where urgent, on-demand supply chains are essential. The company is now actively exploring entry points into guided weapons, hypersonics, naval aviation, and US Army platforms, as well as UK Ministry of Defence projects through its BAE collaboration.
Figure 1: WAM® Technology (source: AL3)
Through its US subsidiary, AML3D USA Inc., the company has also built high-level bipartisan engagement across Congress, the Department of Defense, and AUKUS-focused bodies. Their strategic relationships include Austal, Huntington Ingalls, and the Navy’s training bodies, such as the ATDM and IALR, which are evaluating ARCEMY® as the go-to solution for training next-gen AM operators.
Samso Concluding Comments
AML3D’s dual momentum in the UK and US defence sectors presents a significant evolution in its growth narrative. What stands out is not just the contract values, but the strategic positioning—becoming embedded in critical defence supply chains and aligned with national-level manufacturing policy. These are early but strong signals that AML3D’s WAM® platform is being viewed as both viable and scalable.
From a Samso point of view, the recent BAE Systems contract may seem small in dollar terms, but its real value lies in the doors it opens. Meanwhile, the commissioning of the largest ARCEMY® unit in the US signals the kind of capacity that can meet substantial future demand.
The defence sector isn’t known for overnight wins—it’s about credibility, patience, and delivering when it counts. AML3D appears to be ticking those boxes. The team’s boots-on-the-ground presence and bipartisan endorsements in the US show a maturing strategy that understands how to embed technology into policy-driven ecosystems.
For investors, this is a story that is transitioning from early-stage validation into one of long-term execution. If AML3D continues on its current trajectory—leveraging its capital, manufacturing footprint, and strategic partnerships—we may be watching the emergence of a new industrial player that’s relevant across the AUKUS landscape and beyond.
Figure 2: AML3D share price chart as of 7th July 2025. (source: commsec)
The recent announcements have given the share price a boost (Figure 2) and with a current market capitalisation of just under AUD $135M as of the 7th of July 2025, this is still an early stage. If AML3D start getting substantial projects for the US defence agencies, this will be more than a 10-bagger. For shareholders, it will be fingers crossed and toes crossed.
As always, this is not investment advice. But for those following the AML3D story, this appears to be a company that is turning interest into contracts and contracts into traction. With a strong balance sheet and a clear growth strategy, it will be one to watch closely as the story continues to gain strategic relevance globally.
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