Sigma Labs Inc (SASI)

[GetRich1day]

Why I invest in Sigma Labs. The first half is a repost from back in March this year. The second is why I continue to invest.

Sigma Labs, Inc.'s Proprietary IPQA System was approved by Boeing for Aerospace Production.

http://www.b6sigma.com/index.php?mact=News,cntnt01,detail,0&cntnt01articleid=36&cntnt01origid=52&cntnt01returnid=59

GE Aviation builds engines for Boeing and has billions in orders for the LEAP engine.

http://www.geaviation.com/press/cfm56/leap-x/leap_20130617b.html

The LEAP engine's fuel nozzles will be built using Additive Manufacturing (3D metal printing) and GE Aviation signed a Cooperative Agreement with Sigma Labs to develop in process inspection technology that is expected to increase additive production times by 25 percent.

http://www.geaviation.com/press/other/other_20130524.html

Sigma's IPQA technology is applicable to the global market for Gas Turbine Maintenance, Repair and Overhaul (MRO)

Mark Cola: The work we are doing with our Fortune 100 power generation customer is an early-stage project to demonstrate the proof-of-concept for a new weld repair technology our client has developed. Key to its success is the ability of our IPQA technology to identify key process variables necessary to ensure a quality weld repair. Should our work prove to be effective in identifying key process variables, next steps might entail developing a closed-loop control scheme capable of being integrated into a systems-level solution for deployment globally to the MRO community.

http://3dprintingindustry.com/2013/11/04/interview-mark-cola-ceo-3d-printing-rd-company-sigma-labs/


It appears that Sigma Labs is gearing up to commercialize their IPQA technology via PrintRite3D based on recent job descriptions from Linked In with job summaries such as:

Position Summary: Successfully execute customer-sponsored engineering projects in the area of In-Process Quality Assurance™ (IPQA®) for advanced manufacturing and 3D metal printing. The responsible candidate will also conduct internal research and development (IRAD) for B6 Sigma's PrintRite3D® product portfolio.
http://www.linkedin.com/jobs2/view/11665463

Position Summary: Successfully execute application engineering work in the area of In-Process Quality Assurance™ (IPQA®) for advanced manufacturing and 3D metal printing. The responsible candidate will assist customers engineering staff with the successful implementation of B6 Sigma's PrintRite3D® product line for real-time, nondestructive inspection for advanced manufacturing and 3D metal printing.
http://www.linkedin.com/jobs2/view/11664995

What's it worth? Is the big question. IMO a technology that could speed a process up to 25 percent on billion dollar contracts across multiple industries should be worth a couple billion at least.

I posted the previous back in March 2014 so now Part 2 Why I Continue to invest in SGLB.

One. Management has delivered on Inspect before End of Third Quarter as they promised in May's Retail Investor's Conference

http://sigmalabsinc.com/uploads/Investor_Presentations/Presentation%20for%20May%202014%20Retail%20Investors%20Conf_REV1.pdf

Two. Honeywell continues relationship with Sgima Labs.

https://3dprintingstocks.com/sigma-labs-honeywell/


Third. SGLB has joined with Materialize to be included in their AM software.

http://finance.yahoo.com/news/sigma-labs-inc-signs-agreement-140000712.html

Fourth. The AM industry continues to confirm that AM quality is needed as research continues on AM quality assurance and we know that SGLB is way ahead of the competition on AM quality assurance.

"Despite the heavy investment in metal 3D printing, the technology is still new enough so that methods to ensure superior quality and complex printing free of errors have still not been fully developed. As the University of Pittsburgh Swanson School of Engineering puts it, “developing complex geometries with fewer errors and distortions, as well as quality standards to test the manufactured items, have not kept pace with the technology.”

http://www.inside3dp.com/researchers-working-improve-additive-manufacturing-metal-parts/

http://www.ilt.fraunhofer.de/content/dam/ilt/en/documents/annual_reports/JB10/JB10_S89.pdf

Fifth. Management decided to purchase EOS printer and pursue AM manufacturing.
http://inside3dprinting.com/sigma-labs-moves-into-manufacturing-phase-with-eos-metal-printer/

I see this as a huge positive that management is looking into additional AM revenue streams as opposed to waiting on IPQA contracts such as from GE or Honeywell. They are being proactive and plus the following article that I've posted for the fourth time confirms that AM prototyping is a growth market. Look at the success this company has with it.
"In 2005, the company purchased an EOS M270 metal additive manufacturing machine to speed production of prototype tools for its internal operations. The Livonia, Mich., mold maker’s additive manufacturing operation has since grown to nine machines, with plans to quadruple that number in the years ahead."
http://www.plasticsnews.com/article/20141010/NEWS/141019990/linear-takes-additive-manufacturing-to-new-levels-in-tools-prototyping


Sixth. AM applications which will require Quality Assurance Standards. This I Consider to be of Utmost Importance. and SGLB has been working with the standards bodies since 2013 with thier IPQA process.
“Standards need to be put in place to ensure that AM part characteristics are equally well quantified and documented as today’s subtractive-material equivalents.”
http://www.engineering.com/3DPrinting/3DPrintingArticles/ArticleID/8669/ESA-Begins-Testing-3D-Printing-for-Space.aspx

Look at applications that will require the Quality Standards before AM can be accepted.

http://dupress.com/articles/additive-manufacturing-3d-opportunity-in-automotive/

http://c.ymcdn.com/sites/www.titanium.org/resource/resmgr/TiUSA2104Papers/VegaFranciscoTiUSA20143DAddi.pdf

I am very excited about what the future will bring for SGLB and their IPQA process with Boeing approving of the IPQA process back in 2012 and with the LEAP engine already flying and slated to be certified by mid 2015. I believe that mid 2015 and on will be huge for SGLB. The LEAP certification will grant certification on the IPQA process by the FAA. Designated LEAP-1C, this engine is the first member of the LEAP family, slated for certification in 2015 http://www.safran-group.com/site-safran-en/aerospace/aerospace-propulsion/commercial-aircraft-engines/leap-x-700/

This certification and the completion of the ASTM AM quality standard will set the stage for huge growth as our IPQA process will be the one of choice for Additive Manufacturers. Think about it! What other company will have a closed loop process that has been tested and verified by the Standards Bodies by next year when they are still currently developing their process. IPQA is first to market and first to be tested by Boeing, GE Aviation, Honeywell, P&W, Rolls Royce, NIST, DARPA, and other government bodies.

The story of SGLB continues to grow stronger every few months that go by. Folks should know what they hold and do their own DD as I continue to do my own and accumulate. Mark Cola has been doing a wonderful job with SGLB and the pps will reflect it soon as contracts start to come in. I am excited and my excitement continues to grow as my research as well as others on this board proves that AM is exploding. It will soon come out of the wild west just like Information Technology did and standards came into play. Many companies have been formed and profited on simply verifying a standard as SGLB will do. All IMO but backed up with much DD and real world examples.

In Life their are no absolutes or guarantees for any company but all investors must look at Risk vs. Reward and decide what they are willing to risk for that reward. IMO the risk of a failure for SGLB is low and the reward is high. America Makes was designed to solve various technical issues with industry and allow industry to be successful with America Makes projects. “In-Process Quality Assurance (IPQA) for Laser Powder Bed Production of Aerospace Components”
- General Electric Aviation
Led by General Electric Aviation, in partnership with Aerojet Rocketdyne; B6 Sigma, Inc.; Burke E. Porter Machinery Company; Honeywell Aerospace; Montana Tech of The University of Montana; and TechSolve, Inc., this project will address the need for the development of a commercially available, platform-independent Quality Assurance technology for high-volume AM production of aerospace components, which is currently lacking within the industry. The proposed effort will be achieved through the maturation of an IPQA technology solution that leverages a development approach, incorporating multiple AM machines and multiple super alloys. https://americamakes.us/news-events/press-releases/item/475-second-projectcall-awardees

IMO based on this stated goal. Industry and Government will not let IPQA fail. It will succeed. I wish ALL the best in whatever direction Investors decide to go with their hard earned funds. I know that mine will stay here.