AML3D Strengthens $29M Order Book with US Capacity Expansion and UK-Europe Defence Entry

Robust US Defence Contracts Drive Order Book Growth

AML3D Limited (ASX:AL3) has reinforced its position in the US defence additive manufacturing sector with a $9.9 million order for four ARCEMY® systems from Newport News Shipbuilding (NNS), the largest US military shipbuilder. This order, announced in March, builds on an earlier $4.5 million order from the same customer, expanding NNS's ARCEMY® fleet to six systems within six months. Alongside this, AML3D secured a $2.6 million contract to produce five non-safety critical submarine components for the US Navy, addressing supply chain gaps for parts no longer supported by original manufacturers. These contracts underpin a total order book of $29 million for FY2026, reflecting sustained momentum in AML3D's US Scale Up strategy.

The company's recent progress includes the commissioning of a $1.7 million ARCEMY® X system at US defence supplier FasTech, enhancing its footprint in aerospace, energy, and maritime sectors. This follows the installation of a similar system at the Tennessee Valley Authority, the USA's largest public utility. The steady $2.2 million quarterly customer receipts, consistent over the past four quarters, demonstrate stable revenue generation amid this expansion.

Doubling US Manufacturing Capacity to Meet Growing Demand

To meet escalating demand from the US Navy and broader industrial markets, AML3D is investing $12 million to double its manufacturing capacity at its Stow, Ohio facility. The expansion supports the significant additive manufacturing forecasts outlined in the US Department of the Navy’s Letter of Intent received earlier this year. The company has already committed $0.8 million in the first tranche of this investment during 3Q26.

This strategic capacity boost aligns with AML3D’s broader US advocacy program, which recently welcomed Larissa Smith, former Director of Additive Manufacturing for the US Navy, as a Defence advisor. Her extensive network is expected to deepen AML3D’s penetration into the US Navy supply chain, accelerating adoption of ARCEMY® technology beyond submarines to the Maritime Industrial Base, including surface fleet and munitions.

AML3D’s recent $1.7M ARCEMY X system at FasTech highlights the company’s commitment to expanding its US industrial manufacturing presence, complementing its defence contracts with commercial sector applications.

Initial UK and European Defence Market Penetration

Mirroring its US success, AML3D is advancing into UK and European defence markets, driven by similar demand signals. A $1.2 million material feasibility program with BAE Systems UK is underway, alongside confidential component manufacturing for a UK defence prime. Early-stage sales negotiations for ARCEMY® systems in the UK are progressing, supported by distribution agreements with Arc Additive Limited and Germany's DMFG Solutions GmbH.

These developments set the stage for AML3D’s planned $5 million European Technology Centre, likely to be established in the UK. The company aims to leverage its US Scale Up playbook to rapidly build a sales pipeline of ARCEMY® systems, additive manufacturing components, and alloy testing services across key European defence sectors.

Australian Operations Support Global Expansion and AUKUS Alignment

In Australia, AML3D completed commissioning a $1 million ARCEMY® enterprise system at Curtin University, Perth, which will serve as a satellite manufacturing hub demonstrating advanced additive manufacturing to mining, agriculture, oil & gas, and defence maritime sectors. The timing coincides with the Australian Government’s $12 billion investment in an AUKUS Defence Precinct south of Perth.

AML3D’s Adelaide facility continues to support UK contracts, including the BAE Systems material feasibility program, and drives research and development through the $2.24 million ARCEMY® Increase Deposition Rates project. The company's integration within AUKUS supply chains is well recognised, with Australian Defence Industry Minister Pat Conroy expressing interest in AML3D’s US operating model as a benchmark for Australian additive manufacturing integration.

Financial Strength Supports Growth Trajectory

AML3D’s cash position remains robust at $26.5 million as of 31 March 2026, providing ample liquidity to fund ongoing expansion and R&D. Operating costs rose to $2.4 million for the quarter, reflecting increased production activity aligned with the growing order book. The company’s investments include $0.27 million in the ARCEMY® Increase Deposition Rates project during 3Q26, with a total FY26 commitment of $1 million out of a $2.24 million budget.

The solid financial footing and order backlog position AML3D to capitalise on its expanding US presence, initial European market entry, and strategic role in AUKUS manufacturing initiatives.