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AML3D LIMITED — Regulatory Filings 2021
Jun 10, 2021
64357_rns_2021-06-10_6fea5096-a406-45b9-924f-db66a46036e4.pdf
Regulatory Filings
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ASX Release 11 June 2021
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ASX CODE: AL3
CAPITAL STRUCTURE
Share Price (10.06.21) $0.21 Shares on Issue 150m Market Capitalisation $32m
MAJOR SHAREHOLDERS
Andrew Sales 26.5% Perennial Value Mgmt 11.7%
AUSTRALIAN PATENT GRANTED
HIGHLIGHTS
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AML3D has been granted an Australian patent for its market leading WAM® process; strengthening the Company’s position in a ~$10 billion[1] addressable market
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The patent enhances AML3D’s legal position to support its competitive advantage and re-enforces the leading capabilities of the Company’s technology
BOARD & MANAGEMENT
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
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P: PO BOX 4101 Tranmere SA 5073
AML3D Limited (ASX: AL3) (" AML3D " or " the Company ") is pleased to announce that the Australian Patent Office has examined the Australian member of its International Patent Portfolio and has now granted the Company an Australian patent for its Wire Additive Manufacturing (WAM®) process.
AML3D’s Australian patent (AU2019251514B2) provides coverage over the method and apparatus for manufacturing 3D metal parts. Key coverage items include:
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AML3D’s method of manufacturing a metallic part in any weldable metal by solid freeform fabrication, enhanced by an atmospheric protection device and synergic heating and cooling apparatus.
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AML3D’s method of computer-generating three-dimensional models of parts, slicing the model into a set of parallel, sliced layers and then dividing each layer into a set of virtual, one-dimensional pieces and forming a direction specific, layered model of the part.
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AML3D’s method of uploading the direction specific, layered model of the part into a welding control system, which manufactures the 3D metal part.
AML3D has a relentless focus on innovation and R&D and with IP protection provides further validation of the Company’s market leadership in advanced 3D printing solutions as well as opening up new markets where this technology could be applied. AML3D’s WAM® technology significantly reduces the cost of manufacturing, time to build and also allows for clients to customise parts for their specific needs.
The addressable market for 3D printing continues to grow, with demand accelerated by the impact of the COVID-19 pandemic and the need to de-risk complex global supply chains. The addressable market for 3D printing is estimated at ~US$10 billion[1] , growing to US$63 billion by 2026.[1 ]
ABN: 55 602 857 983
[1] As per Mordor Intelligence report “3D Printing Market – Growth, Trends, Covid-19 Impact, and Forecast (20192 2026)”, released November 2020
ASX Release 11 June 2021
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Commenting on the grant of the Australian patent, AML3D Managing Director Mr. Andrew Sales said: “This is a significant milestone for our company and our journey. The granting of this patent is further validation of our technology and also secures our position as a provider of a major 3D Printing process. The market demand for advanced wire feedstock additive manufacturing continues to accelerate driven by the global pandemic. And international patent protection will further strengthen our position in a significant and growing addressable market.”
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® (Wire Additive Manufacturing) 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)