3D Metalforge Limited and PSA Corporation Limited announced it has extended its collaboration with PSA Corporation Limited (PSA) by extending the AUD 387,000 contract, originally awarded in July 2021, for the production of metal parts within the port facility, by a further 12 months. Production is currently underway for the metal parts under this contract. 3MF is very pleased that during production, the main parts to be produced (twist lock pins) were upgraded to a higher quality standard (now tested to 14% higher test load) and further engineered to improve fatigue life performance.

Additionally, other metal parts under projects worth a combined $116,000 with Maritime Port Authority of Singapore were produced in the facility thus requiring the extension of the delivery period under the original contract. 3MF is also producing plastic parts (rollers for crane operations) in the additive manufacturing facility in the port under a contract with PSA Corporation valued at AUD 117,000. Whilst neither the projects with MPA or the contract for plastic rollers are material contracts in relation to the revenue of 3D Metalforge it shows how the Company is capable of managing multiple production contracts within the additive manufacturing facility with multiple global clients.