AML3D announces sale of ARCEMY 2600 to US Navy supplier
July 2, 2024
AML3D Limited, headquartered in Edinburgh, Australia, has announced the sale of a 2600 Edition ARCEMY Wire Arc Additive Manufacturing machine for use by US Navy component supplier Laser Welding Solutions (LWS).
LWS has been operating the ARCEMY machine under a lease agreement since September 2023 for a nickel aluminium bronze (NAB) alloy qualification programme for the US Navy. The 2600 Edition ARCEMY system is AML3D’s smallest industrial-scale metal Additive Manufacturing machine capable of producing NAB components for US Navy applications.
The purchase order for the ARCEMY has been received from BlueForge Alliance (BlueForge), which is activating its option to buy the ARCEMY system that it currently leases for operation by LWS. BlueForge is a US Department of Defense intermediary supporting the acceleration of advanced manufacturing technologies across the US defence industrial base. The purchase of the ARCEMY machine also includes an initial one-year service and maintenance contract. Establishing annual recurring service and maintenance contracts is a key strategic objective within the AML3D US ‘Scale-up’ strategy to drive revenue growth.
The purchase of this initial ARCEMY machine follows the recent announcement that LWS is directly leasing, with the option to buy, two additional 2600 Edition ARCEMY machines to support the development of metal additively manufactured components for the US Navy Submarine industrial base. The conversion of the first ARCEMY machine lease agreement with LWS to a sale represents the continuing progress AML3D is making in embedding the company’s advanced manufacturing technology within the US Navy supplier network.
“This first conversion of a lease agreement with LWS into an outright purchase of an ARCEMY system, including an annual service and maintenance component is exciting. It is not only a great example of progress against our strategic objective of embedding our proprietary WAM technology across the US Navy supply chain, but it also creates the opportunity to establish recurring service and maintenance revenues going forward,” AML3D CEO Sean Ebert said. “The continuing momentum within our US scale up strategy underpins the investment we are making in our US manufacturing hub and headquarters at Ohio. We are looking to maximise the opportunities we have across the US Defence sector, especially the Navy’s submarine industrial base, but also across US based, global Tier 1 oil & gas, marine and aerospace companies. In parallel, we are exploring ways to leverage our US ‘Scale-up’ playbook to access additional, significant defence markets such as the UK and Australia, which have the benefit of being AUKUS partners.”
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