Break it Down: AML3D boosts US manufacturing push with fresh cash injection
Stockhead TV
Stockhead TV
Stockhead’s Break it Down brings you today’s leading market news in under 90 seconds.
In this episode, host Fraser Palamara tells all on AML3D (ASX:AL3) more than doubling its US manufacturing capacity on the back of a successful $30 million capital raise.
The company expects an uplift in manufacturing demands from the country’s aerospace and maritime industries, with US Department of Defence recently allocating close to US$1 billion to strengthen its Navy’s Submarine Industrial Base. The US Energy Sector has also inked a manufacturing Licence Agreement with Boeing.
Tune in to get the latest.