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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