“Hi David,
AML3D Limited (AL3) is a fascinating $150mn Australian technology company specialising in large-scale metal 3D printing using its proprietary Wire Additive Manufacturing (WAM) technology. This is an interesting business with 3 facets:
WAM Technology: enables the automated 3D printing of metal parts in a freeform environment. This approach offers advantages over traditional manufacturing methods, such as casting or forging, by providing cost-effective and stronger components.
ARCEMY Systems: large-scale, open-air, production-ready metal 3D printers. These systems are capable of producing complex metal parts efficiently and are utilised in various industries, including aerospace and defence.
Global Expansion: AML3D has expanded its operations internationally, including the opening of a new technology facility in Ohio, USA. This facility supports the company’s involvement in the AUKUS partnership and aims to enhance defence manufacturing capabilities.
Lots of “hot” buzzwords in here and with the stock generating revenue of $4.6mn in the 1H of FY25 and $32mn in cash at the bank at the end of CY24 the platform could be set for some exciting runway of growth ahead. The stock made fresh 4-year highs this week and looks good:
AL3 looks exciting as a “speccie” as it rallies towards 30c.”
Not Held
Not into speccies until one pays off again
