---
title: "AML3D Founder Steps Down as CTO, Moves to Non-Executive Board Role"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/275064177.md"
description: "AML3D Ltd announced that founder Andrew Sales has stepped down as Chief Technology Officer, transitioning to a non-executive director role. His operational duties will shift to the senior leadership team over six months. The board highlighted Sales' significant contributions since 2014 and anticipates his ongoing support for the company's strategic and technological growth. The latest analyst rating for AML3D stock (AU:AL3) is a Buy, with a price target of A$0.40. AML3D specializes in metal additive manufacturing, providing innovative production solutions across various industries."
datetime: "2026-02-06T02:43:19.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/275064177.md)
  - [en](https://longbridge.com/en/news/275064177.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/275064177.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/275064177.md) | [繁體中文](https://longbridge.com/zh-HK/news/275064177.md)


# AML3D Founder Steps Down as CTO, Moves to Non-Executive Board Role

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AML3D Ltd ( (AU:AL3) ) just unveiled an announcement.

AML3D Limited announced that founder and former CEO Andrew Sales has stepped down from his role as Chief Technology Officer and will remain on the board as a non-executive director, with his operational responsibilities to be transitioned to the senior leadership team over a six-month notice period. The board, which does not regard Sales as an independent director due to his recent executive involvement, emphasised his importance in establishing and growing the business since 2014 and indicated it expects his continued board-level contribution to support the company’s ongoing strategic and technological development.

The most recent analyst rating on (AU:AL3) stock is a Buy with a A$0.40 price target. To see the full list of analyst forecasts on AML3D Ltd stock, see the AU:AL3 Stock Forecast page.

**More about AML3D Ltd**

AML3D Limited is an ASX-listed technology company that specialises in metal additive manufacturing through its patented Wire Additive Manufacturing (WAM) process. As the original equipment manufacturer of ARCEMY industrial metal 3D printing systems, AML3D delivers automated, on-demand, point-of-need production solutions aimed at replacing traditional casting, forging and machining, with a focus on improving cost efficiency and ESG outcomes. Its Industry 4.0-enabled systems and services cater to customers across aerospace, defence, maritime, manufacturing, mining and oil & gas, supported by design engineering, software licensing, technical support, consumables and contract manufacturing services.

**Average Trading Volume:** 1,493,935

**Technical Sentiment Signal:** Buy

**Current Market Cap:** A$93.93M

See more insights into AL3 stock on TipRanks’ Stock Analysis page.

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