Winners and Losers: US 3D printing deal a boon for local firm
A US defence deal worth millions sent AML3D into the Winners list, as SA stocks experienced their longest weekly losing streak since March this year.
A $1.7 million US defence deal order would see AML3D send one of its 3D metal printers to FasTech in Virginia.
The US defence contractor manufactures and supplies parts for defence, aerospace, energy and other high-demand sectors, AML3D said.
It was expected AML3D’s Arcemy X machine would be installed and operational during the third quarter of the 2026 financial year.
“The FasTech Arcemy X sale builds on AML3D’s success in supporting the US Defence sector and demonstrates relevance to the broader US industrial manufacturing,” AML3D CEO Sean Ebert said.
Shares in AML3D rose 5.88 per cent over the five days, putting it into the Winners list below Vintage Energy (up 12.50 per cent), Maggie Beer (up 11.36 per cent), Marmota (up 10.61 per cent) and Elders (up 8.61 per cent).
Broadly, the ASX 200 Index experienced its worst weekly loss since April, shedding 2.53 per cent.
In South Australia, it was the fourth consecutive week of losses across the locally-listed companies – the longest weekly losing streak since March.
Stay informed, daily
iTech Minerals was the biggest Loser, down 20.53 per cent, followed by other energy and mining companies Otto Energy (down 20 per cent), Whitebark Energy (down 20 per cent) and Investigator Resources (down 19.30 per cent).
The full list of Winners and Losers for the week ended November 24:
Data via Baker Young Limited analysts.
