AML3D Limited (ASX:AL3) has secured a Manufacturing License Agreement with US Navy intermediary – Blue Forge Alliance (“BFA”) – which will allow AML3D to substantially expand its access opportunities to manufacture parts for the US Navy.
⚓️ The MLA allows AML3D to work with key suppliers and internal teams within the US Navy submarine industrial base
⚓️ The MLA enables the exchange of technical assistance and data, facilitating an expansion of AML3D’s activities to support the US Navy
⚓️ The contract is open ended and has no fixed term
AML3D believes this is a major strategic development in its supply relationship with the US Navy: “This MLA creates opportunities for AML3D to print more parts for the US Navy… Today’s MLA agreement creates many opportunities to develop and deepen relationship that have the potential to further accelerate our US scale up strategy” – AML3D Managing Director Sean Ebert
Read the ASX announcement ⚡ https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02851734-6A1225048&v=fc9bdb61fe50ea61f8225e24ce041a0e155a9400