Sigma Labs Inc (SASI)

[jpi]

http://news.morningstar.com/all/business-wire/BWIPREM20170621006198/global-286-billion-3d-metal-printing-market-analysis-2014-2017-2025-powder-segment-is-expected-to-witness-the-fastest-cagr-of-over-30-research-and-markets.aspx

The global 3D metal printing market is expected to reach USD 2.86 billion by 2025.

Metals are the fastest-growing 3D printing materials worldwide on account of high application scope coupled with increasing demand from the medical and dental application.

The market has witnessed advancements, both in terms of technologies and materials, in order to facilitate low cost and mass production of the products. This would also lead to flexibility in designs and ease of manufacturing of products for a wide range of applications.

Numerous companies including GE have been utilizing metal 3D printing for the development of aerospace parts. In December 2016, Sigma Labs entered into a new contract with Honeywell aerospace. The Defense Advanced Research Project Agency (DARPA) selected the company for completion of phase III of the Open Manufacturing (OM) program. It is aimed at reducing the barriers involved in the metal 3D printing process including speed, cost, and repeatability.