Australia's AML3D gains to near 1-month high on component delivery for US Navy

AML3D

06/01/2025 03:53

** Shares of Australia's AML3D  AL3.AX  rise as much as
10.3% to A$0.215, their highest levels since Dec 9, 2024
    ** The technology-focussed company announces the delivery of
a copper-nickel component order for the U.S. Navy's nuclear
submarine programme
    ** Prototype components valued at A$156,000 ($97,032) to
undergo testing before installation onboard a nuclear-powered
Virginia-Class submarine in 2025
    ** AML3D stock gained 96.3% in 2024


    ($1 = 1.6077 Australian dollars)

 (Reporting by Manasi Dasa Sundeep in Bengaluru)
 ((Manasi.DasaSundeep@ThomsonReuters.com))