AML3D Limited (ASX: AL3) has received a purchase order from Austal Limited to deliver an evolutionary lifting device the Davit Arm following successful completion of the design and optimisation phase.
AML3D previously executed a contract with Austal to develop an additively manufactured component for the maritime defence industry. The contract had grown from a MoU after AML3D was identified by Austal as a leading provider of advanced manufacturing technologies and design solutions.
Managing Director Andrew Sales said AML3D utilised its in-house Design for Additive Manufacturing (DfAM) platform to promptly develop an evolved solution with enhanced load-bearing capabilities.
Following stringent structural verification through FEA (Finite Element Analysis), the prototype lifting device is now ready to be manufactured by AML3D’s Wire Arc Manufacturing (WAM) technology.
The PO to manufacture the next-generation lifting device is valued at ~A$60,000. Once produced, the 2.7m length Davit Arm prototype will undergo rigorous destructive testing. These tests are designed to verify the prototype’s performance and material behaviour under load.
Mr Sales said AML3D is on track to meet the previously advised October30, 2020 deadline, with the development contract with Austal presents a significant commercial opportunity for AML3D.
He added that both parties anticipate that AML3D’s innovative technologies may be applied to a broad range of applications in shipbuilding, many of which have been identified.
Andrew Sales, AML3D’s Managing Director, comments:
We’re focused on forming a long-lasting and co-beneficial relationship with Austal,” Mr Sales said.
I’m especially pleased our team has been able to apply our advanced technologies to deliver an innovative solution well ahead of schedule.
“This initial programme provides an excellent opportunity to showcase our capabilities, which we’re confident will form a platform for further commercial opportunities in the near future.”