AML3D Limited has unveiled its new multimillion-dollar South Australian headquartered WAM Technology Centre. The company’s Australian patented WAM (Wire Additive Manufacturing) technology disrupts current metal making processes such as cast, forged and billet machining to such an extent that customers in the defence, automotive, resources and maritime industries benefit from reductions in lead times that span weeks and months.
AML3D Managing Director Andrew Sales, believes the unveiling of the WAM Technology Centre, which was funded through a $9 million IPO and $7 million capital raising initiative in 2020 , alongside the company’s recently secured patent, cements AML3D’s position as a global leader in advanced metal 3D printing solutions for parts manufacture. “We are really excited to officially open the doors to our headquarters this month and welcome industry and our peers to see our facilities and experience our patented WAM technology for themselves. The opening of this incredible facility has been a long time dream of AML3D and marks yet another significant milestone for our company and our journey alongside the recent granting of our patent. Our new premises will enable AML3D to keep up with accelerating demand in 3D printing, while continuing to push boundaries in technological research and development,” said Sales.
The addressable global market for 3D printing is estimated at US$10 billion, growing to US$63 billion by 20261. This demand has been fast-tracked by the impact of the COVID-19 pandemic and the need to de-risk complex global supply chains through an additional focus on countries sovereign capability. “The global demand for 3D metal priniting continues to grow as organisations look to ensure supply chain efficiency and reduce costs for parts,” said Sales. “On top of this, companies are also now focusing on lower energy emission processes, such as ours, as an alternative to using the current high energy consumption steel making processes.”
Despite quadrupling in size to more than 30 staff over the past 12 months and welcoming customers including Austal, Boeing, Flowserve, Keppel, Thyssen Krupp, Lightforce, Rowlands Metalworks, IKAD and BAE Systems, AML3D is primed for further expansion. Following the unveiling of the new facility, the company is estimating a further 20-25 percent in jobs growth for the business over the next 12-18 months.
South Australian Minister for Innovation and Skills, David Pisoni, said AML3D’s new facility epitomised the high-tech transformation of State’s growing manufacturing sector. “It’s incredibly exciting to see AML3D taking their innovative 3D printing process to the world and creating new jobs and opportunities in advanced manufacturing here in South Australia. The Marshall and Morrison Governments are ensuring we have the skilled workforce necessary to drive our industrial transformation by investing almost $340 million in jobs training in South Australia,” said Pisoni.