AML3D has accepted an initial AUD 22,000 purchase order to supply an industrial component to AdditiveNow for a Tier 1 Oil and Gas end customer. This purchase order is under AML3D's previously announced global collaboration agreement in place with AdditiveNow to supply integrated additive manufacturing design and printing services. AdditiveNow's Tier 1 end customer conducted a site visit and inspection to validate AML3D's facilities and technology prior to requesting the initial component.

This initial 3D metal printed component will undergo special service condition testing, performed by the end customer, to assess its performance characteristics when exposed to the harsh environments associated with the Oil and Gas sector. The additional testing will also help to identify a range of suitable parts within the Tier 1 Oil and Gas company's parts library for supply via 3D metal printing. The installation and commissioning of Arcemy® units at the Royal Melbourne Institute of Technology (RMIT) and the University of Queensland (UQ) has been completed.

The sale of these Arcemy® units generated $400,000 in revenues each. The Arcemy units will be used for Research and Development work and AML3D will work closely with RMIT and UQ to maximise the utility of each Arcemy® unit to the benefit of each customer and AML3D. In addition, the installation of an Arcemy unit in the `Factory of the Future' facility at the Tonsley Innovation District in Adelaide, South Australian has been completed.

The `Factory of the Future' is a joint initiative between BAE Systems and Flinders University with government support, designed to bring innovation, Industry 4.0 technologies, research, and training together to advance manufacturing technologies. AML3D's `Factory of the Future' Arcemy® unit has already been profiled to potential Tier 1 customers Thales, RheinMetall, BAE and Northrop Grumman amongst others. AML3D has continued to build on its position as an approved supplier to ThyssenKrupp, the German industrial engineering and steel production group.

Multiple orders continue to be received by AML3D and components recently delivered to ThyssenKrupp include a large, 1 metre, impellor to the value of SGD 27k. AML3D has also completed the 3D metal printing of a high value high-value, nickel aluminium bronze, impellor for a major Australian energy company. AML3D's unique ability to provide dependable and efficient on-demand supply of replacement parts is helping to reduce supply chain risk for this customer.

AML3D is currently scoping the requirements for the supply of additional components and is generating a digital virtual library of the customer's component inventory to support future orders. AML3D's Adelaide facilities and technology were the subject of an, in person, inspection by Boeing's Director of Global Additive Manufacturing in March 2022. Following that inspection, a scope of work for a high strength aluminium parts program has been agreed by AML3D and Boeing and AML3D has submitted proposals, based on that scope, to Boeing.

Should Boeing accept the proposals, initial supply of any 3D printed products and receipt associated revenues would likely occur in FY22. While the value of any individual order from this prospect would likely not be material, AML3D believes this developing relationship is a significant step in the delivery of their strategy to develop a presence in the supply of high value 3D printed items to the Aerospace industry.