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Australia's AML3D jumps to one-year high on collaboration with U.S. Navy

ReutersJul 7, 2025 2:46 AM

** Shares of AML3D AL3.AX rise 8.3% to A$0.26, their highest level since July 8, 2024

** Stock had jumped as much 18.8% to A$0.285 earlier in the session, its highest since mid-April 2021

** The tech co plans to collaborate with the U.S. Navy to explore opportunities related to materials characterization, parts manufacturing and system sales

** Co also highlights that access to the U.S. Navy's demand intelligence will support 'a more than doubling' of co's U.S. manufacturing capability

** YTD, shares up 37.8%

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