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Space race entry ignites Adelaide 3D printer's share price

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Northern suburbs large-scale metal 3D printer AML3D has entered the space industry through a contract with a leading North American aerospace company, causing its share price to surge.

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The company announced on Tuesday it had been commissioned to produce a specialised 3D printed high strength alloy part for the aerospace company, which “due to the confidentiality requirements and sensitive nature of the contract”, cannot be disclosed.

The Edinburgh Park-based manufacturer is ramping up production after it was granted an Australian patent for its market-leading Wire Additive Manufacturing (WAM) process in June.

The part is a 3D printed high strength, corrosion-resistant alloy shape that will be a bespoke prototype.

In a statement to the Australian Securities Exchange, AML3D said it was specifically sought out for the project by the aerospace manufacturing company, due to the high strength and robust properties associated with its WAM technology process.

“This highly anticipated opportunity will see AML3D enter the supply chain for one of its key target sectors, the rapidly growing aerospace and space exploration sector, for the first time,” the company said in its announcement.

“A key element of AML3D’s strategy is expansion into the North American market. The supply of highly specialised alloys to this leading North American aerospace company showcases the continued progress being made by the company in terms of both sector and geographic expansion.”

AML3D’s Arcemy unit in action.

The listed company’s share price jumped more than 25 per cent to $0.19 yesterday morning following the announcement.

AML3D Managing Director Andrew Sales said the key purchase order for a prototype with a globally recognised space exploration company was further validation of the company’s technological capability.

“The special alloy that will form the makeup of this part is unique to AML3D’s products and we look forward to supplying companies in the aerospace sector for years to come,” he said.

“I am confident that the momentum generated from this new aerospace purchase order will deliver a strong pipeline of opportunities in global space exploration part production both here in Australia and internationally, as we continue to demonstrate our capabilities to companies within this particular sector.”

The company has also announced the sale of one of its large scale Arcemy 3D printing units to the Royal Melbourne Institute of Technology (RMIT).

The $400,000 unit is being supplied to 3D print various alloys and up to 750 kgs in mass at a rate of 7-8kg per hour at RMIT’s globally renowned AM/3D Printing Centre.

AML3D’s Arcemy units are unique in that they are certified across a very wide range of welding wire feedstock-based metals, making them significantly more flexible than powder-based printers.

AML3D will work with RMIT on the installation, commissioning and training of the unit which is expected to be used for R&D across a number of metal alloy grades for post-doctorate research, education and industry-related applications and research.

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