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AML3D LIMITED — Major Shareholding Notification 2020
Apr 23, 2020
64357_rns_2020-04-23_5c08a17c-ae19-486e-aaee-d59001e006ff.pdf
Major Shareholding Notification
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The Future of Large 3D Metal Printing
ASX Release 24 April 2020
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ASX CODE: AL3
CAPITAL STRUCTURE
Share Price (IPO) $0.15 Shares on Issue 132m Market Capitalisation $19m
MAJOR SHAREHOLDERS
Andrew Sales 30.0% Perennial Value Mgmt 6.4% Global Asset Solutions 5.3%
BOARD & MANAGEMENT
Stephen Gerlach AM Non-Executive Chairman
AML3D ‘WAM®’ STEEL PRODUCTS STRONGER THAN FORGED EQUIVALENTS
HIGHLIGHTS
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§ AML3D’s WAM® printed high strength steel independently demonstrated to have Ultimate Tensile Strength (‘UTS’) 30% higher than applicable global standard
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§ Results highlight AML3D’s ability to disrupt conventional manufacturing within the global and domestic Defence, Resources and Automotive sectors
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§ Testing was driven by inbound interest and results will be provided to existing and potential customers
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§ Demonstrates ‘ready for market’ nature of AML3D’s technology
Andrew Sales Managing Director
Sean Ebert Executive Director
Kevin Reid Non-Executive Director
Len Piro Non-Executive Director
Christine Manuel Company Secretary
CONTACT
AML3D Limited (‘AML3D’ or ‘the Company’) (ASX:AL3), the provider of commercial large-scale ‘Additive Metal Layering’ 3D printing services to a wide range of industry sectors, is pleased to provide exceptional results from independent, third party testing of its proprietary WAM® (Wire Additive Manufactured) 3D printing technology.
NATA[1] accredited group, Intertek, conducted the testing on behalf of AML3D following enquiries from a number of parties interested in how WAM® printed high strength steel components would perform compared to more conventionally manufactured parts. This testing regime met all applicable global standards typically used by the Defence, Resource and Automotive sectors.
This testing involved printing of a series of geometrically shaped specimens that are of standardised dimensions allowing direct comparisons of metals produced by conventional methods.
T: +61 8 8258 2658
A: 12-14 Pentland Road Salisbury South SA 5016
P: PO BOX 4101 Tranmere SA 5073
In a clear demonstration of the potential for AML3D’s WAM® process to disrupt the flexible manufacturing space, the products manufactured had c. 10% higher UTS than the same steel components made using conventional forging techniques and more than 30% higher UTS than the applicable global standard.
As a result, the potential for the WAM® process to deliver significantly greater strength on a like-for-like basis or potentially offering the same strength with less material usage is of particular interest in the Defence, Resource and Automotive sectors.
The results of this testing will be used in the context of further discussions with existing customers as well as outlining the benefits of AML3D’s WAM® technology to new parties.
ABN: 55 602 857 983
1 1. National Association of Testing Laboratories
ASX Release 24 April 2020
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AML3D’s Managing Director, Andrew Sales, said, “These results, which clearly demonstrate the superiority of our WAM® process compared to normal forging techniques, demonstrate what a ‘game changer’ we have to offer. The independent, third party validation testing confirmed our own data regarding how WAM® metal printing of high strength steel offers significant advantages in strength and weight reduction opportunities compared to other conventional manufacturing techniques. We look forward to near term discussions on these results with our current customers.”
This announcement has been authorised for release by the Board of AML3D.
For Further Information please contact:
Andrew Sales Duncan Gordon Simon Hinsley Managing Director Executive Director Director AML3D Limited Adelaide Equity Partners NWR Communications T: +61 8 8258 2658 T: +61 404 006 444 T: +61 (0) 401 809 653 E: [email protected] E: [email protected] E: [email protected]
About AML3D Limited
AML3D Limited is an Australian public company incorporated on 14 November 2014 and currently operate out of its Adelaide Contract Manufacturing Centre. The Company specialises in providing commercial largescale “Additive Metal Layering 3D” printing services to Defence, Maritime, Aerospace 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)
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