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Yes Indeed. SGLB is a company making tremendous progress and inroads with Fortune500 companies. Most Folks understand the long T&E cycles to develop a brand new technology.
Shorts working hard to cover.
http://www.wsj.com/mdc/public/page/2_3062-shtnasdaq_S-listing.html
Agreed!! This is excellent news and progress being made by SGLB! Thermal is now available! AM Industry has been waiting for this. I'm looking forward to deliveries of PrintRite3d 3.0.
Shorts are back again. Six days to cover!
http://www.wsj.com/mdc/public/page/2_3062-shtnasdaq_S-listing.html
Siemens introduced the Additive Manufacturing with NX platform last year. The solution combines CAD modeling with structural and topology optimization capabilities, and was designed for use with powder bed, jet fusion, FDM, and hybrid additive machine tools. In addition to HP, Siemens has also partnered with Stratasys, TRUMPF, EOS and Materialise.
I like that John Rice is raising awareness of Sigma Lab's PrintRite3D product and it's awesome potential. SGLB needs to continue doing investor conferences. I'm looking forward to increase pps with new investors coming aboard and positive news to continue the pps move northward. I'm betting some disenchanted investors will return with news of multiple PrintRite3D sales.
Thanks Kanya! This is very interesting news. AM Industry is continuing to move quickly to serail AM production. I'm expecting some PrintRite3D sales in the 4th quarter! I like that they were using Caterpillar for the "implementation of 3D printing" Very nice!
We are well beyond prototyping: we are interested in serial production and that is what we are invested in.” – Wolfgang Dierker, National Executive, GE Germany & Austria
KMey, I was chronologically reading the posts so sorry for repeating. I agree with you and I'm excited about our PRintRite3D being evaluated at that Honeywell site. I like that they plan to use Inconel 718 parts; as, that is a material Sigma Labs is very familiar with.
I'm looking forward to the sales to justify what us Longs believe will be the catalyst for the pps to begin the northward march for many years. I believe the Ron is sensing that he will meet his goals and be compensated very well.
T&L,
Thanks for sharing. I noticed that SLM just had their single largest customer order to date of 50 machines versus their previous largest contract of ten. This would definitely seem to indicate that the AM industry is ready to move in mass production. Interesting to note that this was from a customer in China.
I like this from Honeywell
“As of today, the FAA has given
approval for three parts to fly in
commercial applications,” Godfrey
stated. “Honeywell has a strong
Space and Defense Group and there
are AM parts being used for these
applications. Honeywell already
has one part in space on a satellite
launched last year. In rolling out
the production of AM components,
Honeywell has taken the approach
to print non-life-critical engine
components. These types of
components lower the barrier of
acceptance from our customers
and the FAA. Honeywell will have at
least four components qualified by
the end of 2017 but there is a high
probability it will most likely be six
components. The number qualified
for flight should be expected, at
a minimum, to double every year
for the next few years, meaning
that by 2019 we could be looking at
twenty-four types of components in
production, increasing to nearly one
hundred by 2021.”
I believe SGLB will be the "Intel Inside"
I thought he mentioned working with everyone on the slide but maybe I misunderstood. I'll need to listen again to make sure so I'll retract that statement. I'll check it out again tomorrow.
True. I've considered the company progression to be exciting over the years and continued to purchase shares but yeah the pps has not been exciting over the years. I certainly believe that the tipping point is here; thus, it's time for sglb to show that Printrite3d is gonna meet AM customers needs. Nothing says that better than Sales. Let's see if Ron is gonna finally get those bonuses and the very Longs like you and me finally get back to break even and beyond. I believe that our patience is finally about to start to payoff! I'm expecting orders of at least 10 or more for 4th quarter if our CEO is right. All the T&E should be starting to payoff with AM now ready to start mass production.
Very nice presentation!
Confirmed that MAterialise is still working with SGLB!
Confirmed Additive Industries and Trumpf to include SGLB in Sales by End of Year.
Confirmed inserted PrintRite3D into Siemens turbomachiny production.
Confirmed that AM industry is finally ready for AM production and IPQA.
It's looking better all the time for inclusion in Siemens AM production line which many Longs have been suspecting. I'm looking forward to the fourth quarter numbers. I mentioned before that dot connecting was looking like a Siemens win. Should it be announced that PrintRite3D will be integrated just like Materialise integration then SGLB should start moving north quickly. Like Materialise had a 100 percent move since April after announcement of Siemens integration from 8 to 16. I believe that PrintRite3D will meet Siemens AM quality assurance needs. Should fourth quarter bring PrintRite3D sales in a lot of ten then I'm good with voting for additional authorized shares. Exciting times ahead!
Thanks for the post Jefftxtrade!
Thank you Kanya!
Anyone have the results of the vote?
RR1, Yes, I agree. I'm feeling really good about the new team and Mark's new focus in the company. I'm looking forward to seeing the developments!
DWOL, Thanks much for sharing your takeaways from today's meeting with the board. I certainly hope that there is no merger or acquisition and that SGLB stays focused on PrintRite3D development. That Morf3D merger/acquisition thinking was one of the reasons that made me vote against the additional authorized shares.
They need to be awesome at IPQA and start making sales before branching out into additional areas. I'm hoping that is John's business philosophy. I believe that would be the best course of action for SGLB. I'm looking forward to further developments with PrintRite3D; since, I believe that's their bread and butter and SGLB should stick to it.
Yep, That's what I see is PrintRite3D being a part of the AM workflow solution. I see PrintRite3D being a critical part of the AM workflow and can certainly picture them being embedded in Siemens NX same as in the DARPA Phase III project. From the Towards rapid qualification of powder-bed laser additively manufactured parts whitepaper:
Targeted testing and in-process sensing must be performed in order to inform the models such that they can be calibrated, validated, and verified. The models must be framed in a probabilistic setting in order to ascertain the sensitivity of the predictions to the parameters of interest and to understand the expected variability as a result of the random nature of the inputs. At the same time, in situ process monitoring is being implemented in order to provide evidence in the form of In-Process Quality Assurance™ (IPQA®) that the process is under control for the purpose of certification. It is this suite of activities and the knowledge generated that makes the rapid qualification possible.
From Materialise CEO
. Our backbone is present in Siemens and in HP to receive the data. With these and more companies, we see that more environments are in a condition they can easily work with additive manufacturing.”
Included in the Siemens’ NX AM for HP Multi Jet Fusion module is technology supplied by Belgian company Materialise NV, a certified Siemens partner that has built an open platform to enable co-creation and collaboration between different players in the 3D printing and manufacturing eco-system. Materialise technology enables automatic 3D nesting of parts within the building volume and a direct connection to HP Multi Jet Fusion printers.
The result, according to Siemens and HP, is new product possibilities including 3D printed parts with variable colors, textures, density, strength and friction, as well as thermal, electrical and conductivity characteristics. At the recent Siemens Industry Analyst Conference, HP and Siemens unveiled a 3D printed multi-material “living” part that can communicate its up-to-date state of wear and tear. The part has both conductive and non-conductive characteristics, was designed in NX, and 3D printed using fusing agents currently being researched at HP.
“It is an honor to announce this new agreement with Siemens for evaluation of our proprietary PrintRite3D® quality assurance software,” said Mark Cola, President and CEO of Sigma Labs. “We’ll provide statistical process control and assure part quality for burner repairs as well as set the stage for productivity optimization. Siemens plays a leading role in applying additive manufacturing across its highly-demanding gas turbine operations. We are proud to assist them in providing the highest quality 3D printed components for such technology applications, where Siemens is continuously working on further process improvements. We look forward to a close and beneficial partnership together.”
September 05, 2017 08:00 ET | Source: Sigma Labs, Inc.
SANTA FE, N.M., Sept. 05, 2017 (GLOBE NEWSWIRE) -- Sigma Labs, Inc. (NASDAQ:SGLB) (“Sigma Labs” or the “Company”), a provider of quality assurance software under the PrintRite3D® brand, today announced that the Company's cloud-based PrintRite3D® INSPECT® software Version 2.0 was recently installed at the advanced additive manufacturing ("AM") facility operated by Siemens Industrial Turbomachinery AB in Sweden
https://3dprint.com/189421/materialise-ceo-interview-tct-show/
During this week’s TCT Show in Birmingham, UK, I enjoyed the opportunity to catch up again with Materialise, sitting down for a chat with company CEO Fried Vancraen to discuss the latest happenings at the busy company.
With characteristic understatement, Vancraen told me that it’s been “very busy times” for Materialise lately
Thanks! The integration of multiple technologies to create a great AM workflow same as the DARPA Phase III project. It's nice to be working with Siemens and to see Materialise being integrated with Siemens NX as I believe the same is happening with PrintRite3D.
Received a call yesterday to review meeting agenda and record my vote. Good Luck Longs!
I couldn't agree with you more
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=128439742
Thanks Jackle. This is a great write-up and I'm certainly a believer in SGLB and do appreciate the progress that they have made to date.
Thanks much for sharing. It's great to see Spartacus3D (our partner) making moves with quality certifications and great to see their investor Aequs continue to expand their manufacturing base. I'm loving the connections here for sure.
Aequs Aerospace, is one of the fast-growing global aerospace manufacturing ecosystem. It is a preferred supplier of precision machined parts from its sites in India, France and US. Aequs houses inter-related facilities that are strategically located to support the logistical needs of its customers. Aequs holds 4 facilities in France that were acquired in 2016 from the SiRA Groupe. These facilities specialize in Landing Gear, Engine Components, Actuation system, Aerostructures and many more. Aequs SEZ is the largest aerospace capability in the Indian Private sector. Aequs customers include global industry leaders such as Airbus, Boeing, Safran, UTAS, Eaton, Honeywell SAAB and GKN Aerospace to name a few.
Global Aircraft Fuel Systems Markets 2017-2021 Featuring Eaton, Parker Hannifin, Woodward, Honeywell & UTC Aerospace Systems Dominating - Research and Markets
September 20, 2017 05:25 AM Eastern Daylight Time
DUBLIN--(BUSINESS WIRE)--The "Global Aircraft Fuel Systems Market 2017-2021" report has been added to Research and Markets' offering.
The global aircraft fuel systems market to grow at a CAGR of 6.30% during the period 2017-2021.
The report covers the present scenario and the growth prospects of the global aircraft fuel systems market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The report also includes a discussion of the key vendors operating in this market.
A fuel system consists of pumps, storage tanks, filters, valves, fuel lines, metering and monitoring devices, strainers, selector valve, and pressure relief valves. It pumps and manages the flow of aviation fuel to the engine and auxiliary power unit (APU). Fuel systems differ significantly based on the aircraft performance in which they are installed.
One trend in the market is implementation of additive manufacturing. Airbus has been progressing steadily with additive manufacturing and its implementation in aircraft. 3D-printed plastic parts have already been incorporated in the Airbus A350 jet. In the new Airbus A350 XWB, the company plans to integrate parts printed with titanium.
Key vendors
Eaton
PARKER HANNIFIN
Woodward
Honeywell International
UTC Aerospace Systems
http://www.businesswire.com/news/home/20170920005557/en/Global-Aircraft-Fuel-Systems-Markets-2017-2021-Featuring
I agree with you Silver. SGLB has certainly not been kind to us LONGS over the years. I'm certainly not looking forward to another reduction in my percentage of ownership.
I can say with pretty strong assurance that I don't believe many, if ANYONE on this board has done that.
I agree with your assessment. I'm liking what I'm seeing here.
Continued issues with CFM engines prove that quality assurance is a must and SGLB will help address quality concerns.
http://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/air-india-defers-delivery-of-a320-neo-plane-on-cfm-engine-issues/articleshow/60449449.cms
National carrier Air India has deferred the delivery of at least one A320 neo aircraft due to issues with CFM-manufactured engine, sources said.
The development also comes at a time when no-frills carriers -- IndiGo and GoAir -- have grounded at least 11 A320 neo aircraft due to problems in their Pratt and Whitney engines.
East Hartford-based Pratt, a unit of United Technologies Corp., is rushing to address the flaws after spending $10 billion developing the geared turbofan for narrow-body planes such as Airbus' A320neo. The engine has had a rocky introduction amid delivery delays and technical issues, including some components that have not been as durable as expected. The company is ramping up production rates and introducing fixes for the faults.
SGLB a company that continues to progress with big names ( Pratt&Whitney, Aerojet RocketDyne, Siemens, Honeywell etc.) that are using PrintRite3D.
Thanks TedJ. It's nice to see institutional investors increasing their holdings here.
Yes. It's nice to have a reprieve from the short attack for a while. Folks can see what happens to pps when it's not being shorted. It would be nice to see this run for a bit. BTW the technicals are looking pretty great right now, maybe ClayTrader will show up and talk about them We could use an unbiased technician
I encourage you to do the DD and reach your own conclusions. I am very excited about what Sigma Labs has accomplished to date. They are a growing company with an early to market product that has been and continues to be evaluated by Fortune 500 companies for mass AM production . They've had a number of growing pains along the way but I like to look at the progression of a company. Their progress has been steady and they have a product PrintRite3D that will save AM companies a ton of money as stated by GE.
According to GE's Greg Morris, "Today, post-build inspection procedures account for as much as 25% of the time required to produce an additively manufactured engine component. By conducting those inspection procedures while the component is being built, GE Aviation and Sigma Labs will expedite production rates for GE's additive manufactured engine components like the LEAP fuel nozzle." control.
Fantastic News today as it confirms continued work with Siemens and given all the recent partnering up with Sciaky to use Siemens NX and then Materialise to be incorporated into Siemens NX platform. It's looking like a good sign that PrintRite3D might be integrated into Siemens NX just like in the ICME framework. I hope folks are paying attention here. This combination of multiple technologies to synergise a solution is what I've been excited about since ICME and we know PrintRite is being built right into that framework just as I anticipate with Siemens NX. The progression being made is huge!
I agree with you on the Woodward connection. PrintRite 2.0 being installed on Woodward a Tier 1 supplier certainly indicates to me that the GE connection cannot be ruled out. I felt the same with the Materialise/GE announcement as well considering that PrintRite is complementary to Streamics.
Just some DD some those who were unaware
GE Aviation, part of General Electric Company GE , and industrial goods manufacturer Woodward, Inc. WWD recently entered into a joint venture with an equal stake to enhance fuel systems for General Electric's large commercial aircraft engine lines. Per the agreement, Woodward will receive $250 million in cash. The transaction is expected to close by the end of 2015.
The fuel systems are vital to General Electric's advanced technology aircraft engines and this new venture will design, develop, supply and service the fuel system for the GE90, GEnx, GE9X and other large commercial engines that are being developed by it.
Woodward will be the preferred supplier to the joint venture, which ensures a stable supply chain for General Electric to manage production volume growth.
Thinking about that collaboration is very exciting!
Cool! Thanks KMey!