On May 23, 2018, we published revised versions of our Privacy Policy and User Agreements. Please read these updated terms and take some time to understand them. Your use of our services is subject to these revised terms.
Yes, I Agree.

Sigma Labs Inc. (NASDAQ: SGLB) Transforming the Creation of Critical 3D Metal Printing Components

  • Sigma Labs is revolutionizing the 3D metal printing process by reducing and in certain cases eliminating the need for costly and wasteful post-production inspections
  • PrintRite3D software is first and only system that enables real-time, in-process detection of manufacturing irregularities for critical metal parts, provides real-time quality assurance using advanced visualizations to fix process and part irregularities.
  • Sigma Labs’ IP portfolio covers advanced in process quality metric (IPQM) algorithmic techniques for the additive manufacturing laser powder bed quality control industry
  • Company targets a growing multibillion-dollar global total addressable market
  • Negotiating for lucrative machine OEM partnerships to advance “closed loop” technology roadmap
  • Tier-1 OEM enterprises and end-users such as Airbus, Baker Hughes, Pratt & Whitney and others are currently evaluating PrintRite3D® for production lines.
  • Sigma Labs technology team has developed an inclusive machine technology platform for all machine species that is capable for Single, Dual and Quad Laser machines on multiple OEM platforms.

Sigma Labs Inc. (NASDAQ: SGLB), a developer of latest-generation, non-destructive quality inspection systems for metal-based additive manufacturing and other advanced manufacturing technologies, is set to revolutionize 3D metal printing by eliminating the need for costly post-production inspections and ensuring quality control during the manufacturing process.

3D metal manufacturing or additive manufacturing utilizes lasers to sculpt parts by welding powdered metals into 3D objects. Quality of these parts can vary from machine to machine in a production line and even from part to part in a single production run. Conventional quality assurance methods rely on statistically based post-process inspection methods, which are not effective in improving and certifying 3D metal printer-made parts.

Sigma Labs’ flagship product, PrintRite3D(R), real-time-Computer-Aided Inspection (CAI), has the potential to solve the major problem that has kept large-scale 3D printing of metal parts from achieving cost efficient production runs. PrintRite3D’s patented and third party validated quality assurance software ensures certification and compliance with the hyper critical standards mandated in multiple precision dependent industries like aerospace, defense and biomedical. Sigma Labs’ PrintRite 3D reduces cost, time, waste and weight and allows manufacturers to economically scale up production.

Leading a Revolution in 3D Printing

Sigma Labs is about to radically alter the way critical components are created in the 3D metal printing industry. Heralded as the fourth industrial revolution in manufacturing, 3D printing must move beyond traditional quality control techniques to “in process” quality assurance to fully commercialize. To reduce quality control costs and enhance production speed, it’s necessary to inspect and certify 3D parts while they are being made, not after the fact.

Sigma Labs is already gaining traction with major industry players. In Q3 2019, the company announced a key partnership with Airbus (OTC: EADSY) (FRA: AIR) (http://ibn.fm/eKvRZ). Airbus is the European leader in the aeronautics space providing combat, tanker, mission, passenger and transport aircraft. It is also a leader in the global space industry. Under the agreement, Airbus will complete a Test and Evaluation Program of Sigma Labs’ new PrintRite3D® version 5.0 hardware and software followed by a validation phase on a powder bed fusion printer.

Sigma released the latest version of PrintRite3D(R), 5.0, in May 2019. It delivers a simple, fast, and user-friendly interface operable by both additive manufacturing machine operation technicians and sophisticated process engineers. This cross-functional effort now makes available capabilities that are of interest to a number of high-tech companies moving toward serial additive manufacturing. Version 5.0 enables Sigma and clients to identify unpredictably occurring, design- and metal-specific signatures of precursors of intermittent quality anomalies. So far, no other product has been capable of implementing these procedures at setup and then continuing in machine operation. Sigma Labs’ PrintRite3D(R) technology has no competition in providing actionable in-process data.

Sigma’s OEM licensing strategy and negotiations are crucial to securing deployment of PrintRite3D(R) on the growing marketplace direct from the factory. The product’s forte in these negotiations is integration of unique product functionality within an increasing portfolio of in-process patents. Sigma is fast overcoming the reluctance of OEM’s to adopt third-party quality assurance tools. Widely available tools like automatic braking and parking faced similar challenges early on and Sigma expects a similar outcome for adoption of its PrintRite3D(R) technology.

Significant Advantages to End Users

PrintRite3D(R) tracks the performance of each machine to provide early warnings of changes in machine performance using advanced melt pool quality metrics. X-rays and post process inspections are minimized, saving money and time and increasing production. Sigma is providing the solution the 3D printing industry has long sought, fueling the transition to a new manufacturing revolution.

PrintRite3D(R) has been independently validated as a key, reliable mechanism to ensure compliance and certification of 3D manufactured parts. The authoritative Defense Advanced Research Projects Agency (DARPA) (http://ibn.fm/rsbDS) found Sigma’s technology to “ensure process consistency and product quality in metal additive manufacturing.” DARPA also recognized its capability to monitor the condition of the manufacturing equipment and to certify quality and components.

3D additive metal part quality assurance requires high quality sensitive manufacturers to institute procedures to inspect every single part being made. The only way to attain high yields for cost efficiency and manufacturing quality is an in-process quality assurance approach. PrintRite3D determines whether parts meet quality specifications, examines each part as it’s being manufactured in real-time to ensure it isn’t deviating from specifications then signals the operator of a problem and the adjustments to be made. Machine operators are able to act on the information in real time rather than scraping the part after it has already been manufactured.

Sigma’s Capital Increase Strategy

In the spring of 2019, Sigma implemented a plan to ensure the company had sufficient capital to fund its commercial path this year. This seems to have been the right decision given market volatility. As of November 8, 2019, Sigma’s share volume was 254,273 with previous close at $0.56 per share and open of $0.55 per share. The company’s market cap is $9,254,435 (http://ibn.fm/yOO8m). Sigma has an optimistic outlook with a fortified balance sheet, a growing, multibillion total addressable market (TAM), a growing RTE program, and commercial orders with a clear line of sight to breakeven operations by early 2020. Sigma Labs is on the path to becoming a dominant industry force as it revolutionizes the 3D printing industry.

For more information, visit the company’s website at www.SigmaLabsInc.com

NOTE TO INVESTORS: The latest news and updates relating to SGLB are available in the company’s newsroom at http://ibn.fm/SGLB

About QualityStocks

QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.

QualityStocks (QS)
Scottsdale, Arizona
www.qualitystocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

Archives

Select A Month
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • November 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011
  • April 2011
  • March 2011
  • February 2011
  • January 2011
  • December 2010
  • November 2010
  • October 2010
  • September 2010
  • August 2010
  • July 2010
  • June 2010
  • May 2010
  • April 2010
  • March 2010
  • February 2010
  • January 2010
  • December 2009
  • November 2009
  • October 2009
  • September 2009
  • August 2009
  • July 2009
  • June 2009
  • May 2009
  • April 2009
  • March 2009
  • February 2009
  • January 2009
  • December 2008
  • November 2008
  • October 2008
  • September 2008
  • August 2008
  • July 2008
  • June 2008
  • May 2008
  • April 2008
  • March 2008
  • February 2008
  • January 2008
  • December 2007
  • November 2007
  • October 2007
  • September 2007
  • August 2007
  • July 2007
  • June 2007
  • May 2007
  • April 2007
  • March 2007
  • February 2007
  • January 2007
  • December 2006
  • November 2006
  • October 2006
  • September 2006
  • August 2006
  • July 2006
  • June 2006
  • May 2006
  • April 2006
  • March 2006
  • January 2006
  • December 2005
  • October 2005
  • September 2005
  • Market Basics

    New to the micro-cap markets?Get answers to your questions about investing in Small-Cap / Micro-Cap Stocks and learn how to protect yourself.

    The Basics

    Newsletter Publishers

    Have an up and coming newsletter and want to be included in our coverage list? Looking to get more coverage and grow subscriptions? Register for coverage.

    Register

    Public Companies

    Are you a Small-Cap / Micro-Cap company looking for coverage? We'd love to hear from you. Fill out our quick contact form or send us a text.

    Get Covered