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Contracts and sustained revenue. Only then will the pps show strength. I will be giving Sigma Labs time to execute on their business plan. Based this response from M. Cola in January to an inquiry from me, I’m willing to see where to goes. I was looking for their relevance into future developments in AM and questioned a few of Morris’ comments.
I also liked Vivek's comments...
Nice...thx,
This is from August, 2014...I like that this co. that prides itself as hype free doesn't hesitate to mention Sigma Labs (yes..a penny stock R&D) as a possible solution to help advance the industry. Certainly helps make sitting here worth the wager.
http://smartechpublishing.com/images/uploads/general/AerospaceWP.pdf
Exhibit III: Imperative to Advance AM In Aerospace
Development of in-situ
monitoring systems
within AM equipment
There are very few tools
currently available to track
what’s going on inside AM
equipment. This increases lot
sizes of test components and
requires expensive postmanufacturing
checks.
This presents opportunity for
either OEMs or third party
metrology equipment
companies to develop solutions,
such as Sigma Labs is
attempting to do.
Look forward to the conference tomorrow. What I would like to find out is...
3:30 PM to 5:00 PM
Concurrent Sessions
Monday, December 01, 2014 DARPA Open Manufacturing - Additive Projects
Session Chair: Mr Michael Maher - DARPA
3:30 PM - 4:00 PM
DARPA Project - Rapid Low Cost DMLS Additive Manufacturing Overview
Presenter: Mr James Neumann - Honeywell International Inc
4:00 PM - 4:30 PM
DMLS Process Modeling
Presenter: Mr Brian Shula - ESI North America
4:30 PM - 5:00 PM
DMLS Process Monitoring and Control
Presenter: Mr Mark Cola - Sigma Labs Inc
It is my thought as well Z....this with Jackle's post is the type of indicator that keeps me here. These guys pull this off the lid is gonna fly.
This may help with your research...
http://sigmalabsinc.com/index.php?mact=News,cntnt01,detail,0&cntnt01articleid=112&cntnt01origid=77&cntnt01returnid=59
Sigma Labs to Host Investor Webcast on December 4, 2014
SANTA FE, N.M. – November 24, 2014 – Sigma Labs, Inc. (OTCQB: SGLB) (“Sigma Labs” or the “Company”), a developer of advanced, in process, non-destructive quality inspection systems for metal-based additive manufacturing and other advanced manufacturing technologies, today announced that Mark Cola, President and Chief Executive Officer, and Vivek R. Dave, Chief Scientist, will host an investor webcast at VirtualInvestorConferences.com on December 4, 2014. Details are as follow:
DATE: Thursday, December 4, 2014
TIME: 10:45 AM EST
LINK: Click here or paste this URL into your browser’s address bar: http://bit.ly/1B2KGaL
This will be a live, interactive online event where investors are invited to ask the company questions in real-time – both in the presentation hall as well as the association’s “virtual trade booth.” If attendees are unable to join the event on the day of the conference, an on-demand archive will be available for 90 days.
It is recommended that investors pre-register to save time and receive event updates.
http://ewi.org/tag/additive-manufacturing/
EWI Successfully Tests Open-Architecture Additive Manufacturing Machine for In-Process Sensing Project
EWI is beginning an intense period of sensor evaluation on the sensor test bed with our project partners UNC-Charlotte, Georgia Tech, Stratonics, Wyle Labs, B6 Sigma, Rolls-Royce, GE Aviation and EOS North America. Initial sensor screening will be complete by the end of December with additional focused testing, refinement, and evaluation over the following 9 months.
Investing is a personal decision. It is important to thoroughly research the stock, the company and the management and also look for connections into the industry. Never invest more than you can afford to lose but don't be afraid to take a chance. GL (good luck) with your research into SGLB.
I found it quite suspect that he mentions "penny stock" right after Wohlers talks about quality control and assurance...was he fishing? :) I also liked that Wohlers did not discount it completely and said to do your DD and then goes on to quote someone from GE. And we know there's no doubt after last time that Heller knows about sigma. Perhaps the seed has been planted...HA!
correct...
These things need to be taken into account, so it's not just a machine, but it's a lot of ancillary equipment that surrounds the machine, and then a lot of experience and know-how to make good parts.
Mark Cola:Regarding the number of employees we have, we currently have approximately 5 full time, no part time and several contractors that we use as necessary for time to time.
yes...it is running rampant
Anyone else see that @ 10:48...WTF
Yes they have and I've seen it before with other stocks. ADTM had a trade just this AM for 100 shares @ .35 and the bid is now 3.44 with an ask @ 3.50.
I was anticipating the same which lead to slight disappointment. As for "The money's gotta show up some time"..
Both the EWI and Honeywell contracts will begin in the fourth quarter, and we expect to see initial product revenue from our INSPECT™ software this year as well.
Could be this.
Thx for the conference posts...appreciated.
Long SGLB..GL
I'm thinking this...
http://sigmalabsinc.com/index.php?mact=News,cntnt01,detail,0&cntnt01articleid=93&cntnt01origid=77&cntnt01returnid=59
SANTA FE, N.M., December 26, 2013 -- Sigma Labs, Inc. (OTCBB: SGLB), a developer of advanced, real-time, non-destructive quality inspection systems for 3D metal printing and other advanced manufacturing technologies, today announced that it delivered two of its PrintRite3D® quality assurance systems for 3D metal printing to a leading aerospace company. Sigma Labs expects to generate up to $975,000 in revenues during 2014 as the PrintRite3D® systems undergo test and evaluation. PrintRite3D® is Sigma Labs' patented and proprietary product that quickly assesses the quality of a part during the production process using 3D printing, by using real-time data as opposed to waiting for costly post-process inspection. Therefore, PrintRite3D® eliminates the current problem in 3D printing of high inspection costs for critical 3D printed metal parts, thereby enabling additional applications of Sigma Labs' technology to industries other than the aerospace industry which are presently too cost-sensitive for the current technology’s price point.
Mark Cola, President and Chief Executive Officer of Sigma Labs, stated that: "This important delivery is the result of our determined commercialization efforts as we transition to production during 2014. We expect additional PrintRite3D® business from this customer as well as with a variety of major aerospace companies over the near term. We look forward to helping all our customers achieve their critical quality control goals for 3D metal printed parts."
My sincere condolence to you SS. Stay strong. Thank you for your posts...they are always appreciated.
Both the EWI and Honeywell contracts will begin in the fourth quarter, and we expect to see initial product revenue from our INSPECT™ software this year as well.
Hope we find out in the next couple days who's buying and for how much. Cola&Co. will have to start bringing it home. Look forward to some positive announcements over the next few weeks.
Yes...Mark Cola, lets hope he brings back some good news :)
And, this on Thursday...
http://s36.a2zinc.net/clients/SME/Fabtech2014/Public/SessionDetails.aspx?FromPage=Calendar.aspx&SessionID=666
Date/Venue Thursday, 11/13/2014 8:00AM - 4:30PM , Room C205
11:40 a.m. – 12:15 p.m.
In-Process Quality Assurance™: A Process Monitoring and NDI Tool
Mark Cola, President, Sigma Labs, Inc
Aerospace Suppliers Ramping Up To Meet Surging Orders, Says GE Capital
November 7, 2014
CHICAGO – November 7, 2014 – The aerospace supply industry is still in the early days of a long-term boom in orders, say industry participants at a recent suppliers summit hosted by GE Capital at GE Aviation’s headquarters in Cincinnati, OH. The large majority of participants, who were split about evenly in serving wide-body and narrow-body commercial aircraft platforms said they plan to increase their workforce over the next 12 months (84%), expect to win new long-term supply agreements in the next three years (91%), and expect aircraft deliveries to continue to grow at least through 2016 (76%).
“We are in the midst of a ‘super-cycle’ of aerospace manufacturing,” said Gib Bosworth, managing director of aerospace financing at GE Capital, Corporate Finance. “Advanced manufacturing practices will play a very important role in how these parts and components are made, so we at GE see a valuable role we can play in helping these suppliers stay on top of this manufacturing technology curve as well as have the capital they need to build production capacity.”
“Today, additive manufacturing is only .02 percent of total global manufacturing, so there is a lot of opportunity going forward,” said Greg Morris, leader of additive technologies for GE Aviation. “I think it’s great that the majority of the survey respondents are already incorporating this technology or plan to in the near future and I expect that number will continue to rise.”
When asked about their manufacturing future, 87% said they will be investing in new manufacturing equipment over the next 3 years. Regarding incorporating additive manufacturing, 27percent are already doing it, 10 percent expect it to happen within the next year and 37 percent expect it in the next one to five years.
M&A activity is expected to be very robust over the next 12-24 months, with 92 percent of respondents said they expect it to increase. “The response makes sense. Record high backlogs for commercial aircraft give buyers an unprecedented level of visibility,” said Yair Reiner, aerospace and government services analyst with GE Antares Capital, a leading provider of M&A financing to private equity-backed middle market companies. “Plane makers want suppliers to become both stronger and leaner, which encourages and rewards consolidation. And defense spending, a significant thorn for the industry in recent years, is showing signs of stabilizing.”
GE Capital’s survey was conducted on October 28, 2014 at the company’s Commercial Aerospace Leadership Forum, held at the GE Aviation Learning Center in Cincinnati, OH. The 80 respondents were suppliers and manufacturers to the aerospace industry, and private equity professionals active in the aerospace industry.
GE Capital, Corporate Finance has provided aerospace suppliers and parts manufacturers with working capital and equipment loans for 25 years. GE Antares Capital formed a dedicated aerospace industry vertical in 2014 to better serve private equity clients who are actively involved in the industry.
yes...now Phase II
I am as well...glad you are attending.
Perhaps not...but my confidence in the company has
The share of the award was $178,645 then and $0.5 million now on this one. Would think something is going very right.
This, IMO, is why PrintRite3D is critical to GE. Mark Cola's "lock step" comment and continued display of the nozzle during presentations is what leads to my belief.
“The part that we are putting into the LEAP engine is a very big swing part. By that I mean this isn’t just a bracket, this isn’t just some mundane component. This is the fuel delivery component to the engine,” said Morris, now leader of additive technologies for GE Aviation.
http://www.springfieldnewssun.com/news/business/economy/southwest-ohio-aerospace-industry-leads-pack-for-f/nhxTw/
Exactly...they made many promises but the question is - can they deliver. Time will tell (2016)
http://www.streetinsider.com/Analyst+Comments/Buy+Stratasys+(SSYS)+and+3D+Systems+(DDD)+on+Weakness,+Stifel+Says%3B+HPs+(HPQ)+Entry+is+Bullish/9953397.html
Newton added, "Despite our expectation of increasing competition, our analysis indicates the 3D Printing industry remains very underpenetrated with very large addressable markets, with our estimate total end-market penetration is approximately 6% relative to a TAM opportunity of roughly $50 billion in the next decade +. We view the market as having significant growth opportunities, and room for new entrants, as the technology continues to be an enabler of multiple industries that should drive increased adoption in core markets, including industrial, medical, automotive, and aerospace."
nice article...thx for the link
Interesting...
17th Oct, 2014
Wohlers Associates, Inc. has reported that revenues from the production of parts for final products now represent 34.7% of the entire market for Additive Manufacturing (AM). The Wohlers Report 2014 shows that this market segment has increased from less than 4% in 2003 to more than one-third of total revenues from AM products and services worldwide.
The use of AM for this sector is stated to have grown by 65.4% in 2013 to an estimated $1.065 billion, up from $643.8 million the prior year.
- See more at: http://www.metal-am.com/news/002974.html#sthash.hMd2TWSB.dpuf
Thx for the updates..