AML3D secures contract with Tennessee Valley Authority to enter US utilities sector

AML3D Limited (ASX:AL3), a leader in advanced metal additive manufacturing, has secured a significant contract worth approximately A$2.27 million with the Tennessee Valley Authority (TVA). This deal marks a pivotal expansion of AML3D’s operations into the US utilities sector. The contract involves the installation of the cutting-edge ARCEMY X system at TVA’s Muscle Shoals facility, located in Alabama. The system will provide TVA with advanced additive manufacturing capabilities, specifically to enhance its power generation repair fleet.

The ARCEMY X system, a hallmark of AML3D’s innovative technology, was selected after TVA conducted a competitive tender process. This victory highlights the growing demand for AML3D’s advanced manufacturing solutions, which have already made significant inroads into sectors such as defence, aerospace, and now, utilities.

ARCEMY X system selected for TVA’s power generation repair fleet

The ARCEMY X system, part of AML3D’s ARCEMY industrial metal 3D printing range, has proven its ability to meet the rigorous demands of high-performance applications, making it the ideal choice for TVA. The order, valued at A$2.27 million, includes an initial upfront payment for deliverables, with the remaining balance tied to milestone payments after the testing, installation, and commissioning of the system. AML3D is expected to complete the final commissioning of the ARCEMY X system in the second half of 2025.

This order not only signifies a major breakthrough for AML3D in the US utilities sector but also positions the company as a key player in the advanced manufacturing landscape, providing sustainable and efficient solutions for power generation. The ARCEMY X system is designed to dramatically reduce lead times and manufacturing waste, which is crucial in high-stakes industries like power generation.

AML3D USA expansion targets growth across multiple industries

AML3D’s entry into the US utilities sector is part of a broader growth strategy that the company has been executing since launching its US operations. The company’s CEO, Sean Ebert, expressed his confidence that this contract with TVA is just the beginning. Ebert highlighted that the company’s initial focus on the US Defence sector, particularly the US Navy’s submarine industrial base, has already delivered close to A$14 million in contract wins. Now, with the TVA contract secured, AML3D is poised to expand into additional industries, including aerospace, oil & gas, and marine sectors.

Pete Goumas, President of AML3D USA, remarked that this milestone in the utilities sector aligns perfectly with the company’s long-term strategy. “We are thrilled to be partnering with TVA and entering the utilities sector, which is poised for further growth,” said Goumas. He further emphasized that AML3D’s superior quality manufacturing technology, combined with reduced lead times and waste, positions the company as a strong contender in the competitive utilities space. Goumas added that this is only the first step, with many more opportunities on the horizon as AML3D continues to grow its presence in the US.

Expansion into US utilities sector signals significant potential

Experts believe that AML3D’s expansion into the US utilities sector is a strategic move that will pay off in the coming years. The utilities industry, which has traditionally relied on older, more labor-intensive manufacturing processes, is undergoing a transformation. AML3D’s ability to deliver high-quality, on-demand manufacturing solutions makes it uniquely positioned to capitalize on this shift.

The ARCEMY X system, with its advanced features, provides utilities like TVA with a reliable and efficient tool to address the repair and maintenance challenges faced by power generation facilities. This will not only help TVA reduce downtime but also make its operations more sustainable by minimizing waste.

AML3D’s growth strategy accelerates with TVA contract

With the TVA contract in hand, AML3D is set to further solidify its position as a leader in the additive manufacturing space. The company’s innovative technology is already reshaping industries worldwide, and its successful penetration into the US utilities sector is a testament to the relevance of its offerings across diverse industries.

As AML3D continues to expand its US operations and meet growing demand, it is likely to see further contract wins in sectors such as aerospace, oil & gas, and marine. The company’s US scale-up strategy is unfolding as expected, and with the support of the recent capital raise, AML3D is ready to take advantage of the numerous opportunities that lie ahead in the US market.