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AML3D LIMITED — Capital/Financing Update 2021
May 26, 2021
64357_rns_2021-05-26_1d8aaa02-0a85-462a-9d32-94b8d2db6309.pdf
Capital/Financing Update
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ASX Release 27 May 2021
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ASX CODE: AL3
CAPITAL STRUCTURE
Share Price (26.05.21) $0.225 Shares on Issue 150m Market Capitalisation $34m
MAJOR SHAREHOLDERS
Andrew Sales 26.5% Perennial Value Mgmt 11.7%
BOARD & MANAGEMENT
PARTNERSHIP WITH FLINDERS UNIVERSITY
HIGHLIGHTS
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AML3D has partnered with Flinders University to assess the microstructure and corrosion qualities of its Wire Arc 3D printed metal alloys
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Validation of AML3D’s technology enhances its competitive advantage
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The partnership adds to the strength of AML3D’s capabilities and follows a recent collaboration with CSIRO on a new material strength prediction tool
Stephen Gerlach AM Non-Executive Chairman
Andrew Sales Managing Director
Sean Ebert Executive Director
Kevin Reid Non-Executive Director
Len Piro Non-Executive Director
Christine Manuel Company Secretary
Hamish McEwin Chief Financial Officer
CONTACT
T: +61 8 8258 2658 E: [email protected]
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A: 35 Woomera Avenue Edinburgh SA 5111
AML3D Limited (ASX: AL3) (“ AML3D ” or “ the Company ”) is pleased to announce an innovation partnership with Flinders University’s College of Science and Engineering ( Flinders ) to further validate its novel metal alloys.
The innovation partnership is led by Professor Jamie Quinton and Professor Sarah Harmer from Flinders Institute for NanoScale Science and Technology and Flinders Microscopy and Microanalysis and will seek to investigate the microstructure and corrosion qualities of AML3D’s Wire Arc metal alloys.
This valuable information will help inform the potential applications of WAM® products.
Valued at $50,000 the project is an exciting step forward in additive manufacturing for Flinders University’s industry engagement. With Adelaide being home to three dedicated defence industry precincts, the Australian Space Agency and Space Discovery Centre, the findings from the study “ will directly benefit South Australia’s defence and aerospace industries,” says Professor Quinton.
Commenting on the partnership, AML3D Managing Director Mr Andrew Sales said: “The venture will seek to provide further evidence of the superiority of AML3D’s WAM® 3D printed parts over traditional manufacturing processes. The Company has a strong sales pipeline ahead, and certification of our technology from third parties is crucial in driving uptake of our products.”
- P: PO BOX 4101 Tranmere SA 5073
ABN: 55 602 857 983
ASX Release 27 May 2021
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AML3D Managing Director Andy Sales, left, Professor Quinton, AML3D Technical Engineering Manager Dr Paul Colegrove and Professor Harmer at the Edinburgh Parks facility.
The partnership follows a recent collaboration with CSIRO, which aims to develop a material strength prediction tool for the Company’s WAMSoft® software and highlights the market-leading nature of AML3D’s technology.
AML3D is also working with RMIT PhD student Alex Kingsbury investigating Wire Arc Additive Manufacturing of Aluminium alloys. After recently visiting the Adelaide Facility, Ms Kingsbury is assessing different aluminium alloy compositions designed for the wire arc process.
Additionally, Ms Kingsbury is working alongside AML3D Technical Engineering Manager Dr Paul Colegrove to supervise a final year engineering student capstone project investigating the applicability of WAM for automotive applications. As a part of their project, the students will test and characterise WAM samples, identify automotive parts that are suitable for the wire arc process, and then re-design them to take advantage of the unique benefits of WAM.
This announcement has been authorised for release by the Board of AML3D.
For further information, please contact:
| Andrew Sales | Duncan Gordon |
|---|---|
| Managing Director | Executive Director |
| AML3D Limited | Adelaide Equity Partners Ltd |
| T: +61 8 8258 2658 | T: +61 404 006 444 |
| E: [email protected] | E: [email protected] |
About AML3D Limited
AML3D Limited is an Australian public company incorporated on 14 November 2014 and currently operates out of its Adelaide Manufacturing Centre. The Company specialises in providing commercial large-scale “Additive Metal Layering” 3D printing services to Defence, Maritime, Automotive and Resources customers. The Company has commercialised its technology under the trademark WAM® and proprietary software WAMSoft® which combines metallurgical science and engineering design to fully automate the 3D printing process utilising advanced robotics technology.
AML3D Limited (ASX:AL3)