South Australian company AML3D says a A$2.24 million investment in its flagship 3D metal printing project can help build the state’s reputation as a globally significant hub for advanced metal manufacturing and technology advances.
A new $1.12 million grant from SA’s Economic Recovery Fund, matched by AML3D funding, would accelerate the company’s ARCEMY Increase Deposition Rates (AIDR) project.
ARCEMY will use AML3D’s proprietary Wire-arc Advanced Manufacturing (WAM) technology to produce 3D metal printed components for the Australian and US defence sectors and other industries such as mining and metals.
“A functioning AIDR metal 3D print system will have the ability to produce large-scale and exotic material parts even faster, using less energy, creating less waste and to a higher standard than traditional manufacturing process,” AML3D said.
“Achieving the ADIR end point of a multi-robot, twin wire ARCEMY system has the potential to further revolutionise South Australian and Australian advanced manufacturing by delivering increased productivity, innovation, and global competitiveness.”
ASX-listed AML3D has a current market value around A$25 million.
