AML3D to Supply Austal USA with Three Fluid Control Components for US Navy Submarines; Shares Jump 9%
MT Newswires Live
1 hour ago
AML3D (ASX:AL3) is set to supply Austal USA Advanced Technologies with three large, high-pressure copper-nickel fluid control components for use in US Navy nuclear submarines after an initial production parts order valued at around AU$500,000, according to a Thursday Australian bourse filing.
The components will be 3D printed using metal at the firm's technology center in Stow, Ohio.
AML3D's shares jumped 9% in recent trading on Thursday.
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