AML3D announced the company’s US technology centre at Stow, Ohio is now fully operational. Stow combines AML3D USA Inc’s headquarters with a modern purpose-built manufacturing hub that has excellent logistics and transport links. Stow is currently equipped with an ARCEMY advanced additive manufacturing systems designed to metal 3D print industrial scale parts and components for a growing list of US and international customers, with a second one to be installed early in calendar year 2025.
The Stow manufacturing hub is already operational and working on an initial A$2.27 million order from the Tennessee Valley Authority, the largest public utility in the USA. This inaugural order supports AML3D’s plans to invest an additional A$12 million to more than double capacity at Stow with the installation of up to two additional ARCEMY systems.
The expansion of Stow is to meet an expected step change in US Department of Defense spending on advanced additive manufacturing solutions to support the US Navy’s Submarine Industrial Base. The increase in capacity at Stow will also allow AML3D to continue its expansion into the wider US Energy and Defense Aerospace sectors.
AML3D’s US ‘Scale up’ strategy, launched in early CY2023, has already delivered over A$16 million of contract wins. The opening of Stow, with plans to rapidly expand manufacturing in the US, is expected to improve AML3D’s ability to, quickly and effectively, meet US customers’ needs and accelerate the US “Scale up” strategy. Under the leadership of Pete Goumas, President of US Operations, Stow is the base for AML3D’s direct sales, administration and technical teams in the US, which will leverage the existing and planned US manufacturing capacity to accelerate growth.
US based manufacturing is also a pre-requisite for accessing lucrative contracts restricted by the US International Traffic in Arms Regulations and other US-only controlled information Defence contracts. AML3D has Manufacturing License Agreements in place to support the US Navy and Boeing which included compliance with US Government regulations that support access to ITAR contracts. AML3D’s US manufacturing hub will also position the Company to take advantage of the expected policies of the new Trump administration to support US based manufacturing.
AML3D President of US, Pete Goumas said: “The official opening of our fully operational US technology centre in Stow, Ohio alongside plans to expand to more than double our US manufacturing footprint, is a very exciting moment in the evolution of AML3D. We can now super-charge our US ‘Scale up’ strategy, not only in support of the US Defence sector and, in particular, the US Navy submarine industrial base but also the US Energy and Defense Aerospace sectors. AML3D can now be much more responsive to our existing US customers, we are much better positioned to win new customers and contracts and to play an important role in rebuilding sovereign manufacturing in the US. I expect the combination of our large and expanding US manufacturing capability, new direct sales team and our existing value-added reseller partnership with Phillips Corp. will supercharge our growth.”
AML3D CEO Sean Ebert said: “The opening of our US manufacturing hub and, just as importantly, our plans to more than double its capacity are important next steps in our US ‘Scale up’ strategy. The huge demand we have already experienced in the US has translated to over A$16 million of contracts, for the most part serviced from our Australian manufacturing hub. Building substantial manufacturing capability in the US to meet expectations of a more than 10-fold increase in US defence spending on advanced additive manufacturing, in particular to support the US Navy’s submarine industrial base, will allow us to be way more effective in meeting our existing and new US customers’ needs. Our expanding US manufacturing footprint also frees up capacity at our Australian facility that we can use to support a roll out of our US playbook in other significant global defence markets with a focus on AUKUS partners, Australia and the UK. We already have runs on the board with recent contract wins to support the Australian Government’s Defence Science and Technology Group45. The roll out of our “Scale up’ playbook in Europe is at an earlier stage but we are directing funds from our recent capital raise to establish and ARCEMY system in Europe6 to take advantage of the demand signals we are seeing in the UK in particular, which are similar to those that supported our move into the US market.”
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