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Awesome! Thanks for this post! I believe filing first gives SGLB the edge should the patents be very similar. First to file is the one who owns it.
https://www.uspto.gov/patent/first-inventor-file-fitf-resources
T&L, I agree with you. The report should definitely have not left this much confusion. I reviewed the patent Method and system for monitoring additive manufacturing processes US 20160184893 A1 and I'm no scientist but seems to be that porosity and tensile strength were supposed to be measured some kinda way to establish that baseline dataset. I hope that MC can break it down into layman's terms and explain it. I do believe the SGLB is ahead of the competition; otherwise, Honeywell would not want to further develop PrintRite3D during the DARPA Phase 3 which leads to commercialization. Anyway, Here's a cut and paste of the patent part about porosity and tensile strength.
[0072]
At 803, one or more portions of the part at which the Eulerian and Lagrangian sensor data overlaps (i.e. the witness coupon) are analyzed to help produce a baseline dataset. There are generally three kinds of analysis that could be performed on the witness coupon, or an equivalent region of the part. First, the microstructure could be examined in detail. This includes, but is not limited to, such analyses as grain size, grain boundary orientation, chemical composition at a macro and micro scale, precipitate size and distribution in the case of age hardenable alloys, and grain sizes of prior phases which may have formed first, provided that such evidence of these previous grains is evident. The second category of evaluations that could be conducted are mechanical properties testing. This includes, but is not limited to, such analyses as hardness/micro-hardness, tensile properties, elongation/ductility, fatigue performance, impact strength, fracture toughness and measurements of crack growth, thermos-mechanical fatigue, and creep. The third series of evaluations that could be conducted on witness coupons or equivalent regions of the build are the characterization of defects and anomalies. This includes, but is not limited to, analysis of porosity shape, size and distribution, analysis of crack size and distribution, evidence of inclusions from the primary melt, i.e., those form during the gas atomization of the powders themselves, other inclusions which may have inadvertently entered during the Additive Manufacturing process, and other common welding defects such as lack of fusion. It should also be noted that in certain cases a location of the witness coupon or focus of the pyrometer can be adjusted to provide a more accurate representation of particularly critical portions of the part.
No response here either but it's great to see the pps hold steady.
Thinking about that 3D polymer thing again. Interesting development.
I did the same thing. I emailed Bret and asked that Mark address the way forward.
Z,
Thanks for the post. These results were not expected and certainly disappointing. There must be something that I'm missing with Additive Industries going with them. The DARPA Phase 3 contract award does not add up with this as well. I suppose it speaks to the state of the AM industry's ability to get in-process quality assurance done and SGLB is the best option at this point in time.
Great point Alan. Here's why I believe SGLB is undervalued even with the net losses. Just look at ONVO's Net Losses per Year. They are a 3D play as well who are waiting on standards to be developed.
2013 (26.58M)
2014 (25.85M)
2015 (30.08M)
2016 (38.58M)
2017 (38.45M)
ONVO is sitting at 279M market cap and SGLB is at 10.7M.
pps/market cap is what investors believe in and SGLB is on the short end of that belief for now. I still believe the pps will increase rapidly once SGLB shows increased earnings and the short campaign comes to an end. The good thing since SGLB's uplist is that sophisticated investors are coming in. They are enjoying the low prices. IMHO
Holder Shares Date Reported % Out Value
Sabby Management, LLC 182,244 Mar 30, 2017 3.99% 548,554
Susquehanna International Group, LLP 89,000 Mar 30, 2017 1.95% 267,889
Credit Suisse/ 20,296 Mar 30, 2017 0.44% 61,090
KCG Holdings, Inc. 17,799 Mar 30, 2017 0.39% 53,574
ARK Investment Management, LLC 17,793 Mar 30, 2017 0.39% 53,556
PNC Financial Services Group, Inc. 1,150 Mar 30, 2017 0.03% 3,461
Morgan Stanley 243 Mar 30, 2017 0.01% 731
Top Mutual Fund Holders
Holder Shares Date Reported % Out Value
Perritt Ultra MicroCap Fund 140,000 Mar 30, 2017 3.06% 421,399
I believe that in the long run many investors stand to benefit quite handsomely. The AM industry is awaiting 2018 for those standards to be published and AM factories are popping up worldwide.
Kevin,
In response to your post.
Jackle,
Interesting about that polymer 3D from NASA site.
A Fully Nonmetallic Gas Turbine Engine Enabled by Additive Manufacturing
Part II: Additive Manufacturing and Characterization of Polymer Composites
https://ntrs.nasa.gov/archive/nasa/casi.ntrs.nasa.gov/20150011644.pdf
It so happens that Honeywell did some work with Stratasys on this
Longs understand where PrintRite3D fits and follow AM industry. AM industry has to be ready and get the green light from regulators to get AM mass production going. Articles like this help verify what Longs have been saying.
Another company stating what many Longs here believe and why I certainly believe that Printrite3D will become the defacto IPQA standard. Customers will require that "digital fingerprint" that PrintRite3D provides and companies are not looking to reinvent the wheel that's already been vetted by SGLB, GE Aviation, Honeywell, NIST, etc.
“We’re taking an open approach — trying to stay away from ‘only use this in our machine’ — for software and materials. There will be no BeAM-labeled powder, no instance of ‘only run this in the machine or else.’ We may develop materials in collaboration with people and say that running this material in the machine, this is what you can expect to get, but we’re not requiring that. It’s [the customer’s] machine to turn the knobs in the way that they want,” LaLonde said of the approach.
“There’s already an uphill battle for additive technology to be adapted; why make it more difficult with another new software or something people aren’t familiar with, to wrap their heads around, to adapt the technology for their use? We’re looking at industry standard software, how you program and run the machines, materials they’re familiar with or it’s easy to get their hands on. Level the playing field, lower the barriers to entry. Give them something they’re pretty familiar with that allows them to do something different.”
https://3dprint.com/180414/beam-realistic-metal-am/
Concept Laser, a GE Additive company (Lichtenfels, Germany), and aeronautical subcontractor LAUAK Group (Paris, France) have signed a Letter of Intent to launch an alliance that will advance additive manufacturing in the aerospace industry. The agreement was signed at the Paris Air Show, which took place June 19-25, 2017.
LAUAK will invest in Concept Laser additive manufacturing machines as a reference customer for Concept Laser technology. Also, Concept Laser will work closely with LAUAK to implement additive manufacturing processes and design new products, supporting LAUAK during the implementation phase of the equipment into its manufacturing process. LAUAK will also present the Concept Laser machine to reference customers in its showroom, including presentation of test objects for demonstration purposes.
Concept Laser provides machine technology for 3D printing metal components. The company's LaserCUSING process involves powder-bed-based laser melting of metals.
LAUAK is a direct subcontractor for detail parts, subassemblies, and assemblies for the aerospace industry. Key customers are aircraft manufacturers such as Airbus, Dassault Aviation, Embraer, and several major suppliers, including Aernnova, Daher Socata, Liebherr, and Safran.
http://www.industrial-lasers.com/articles/2017/07/concept-laser-lauak-launch-additive-manufacturing-alliance.html
Kevin,
Thanks for all your posts and sharing insight from the AM conferences. It is appreciated.
Jackle,
Great to see you post again. I agree. Longs understand the T&E cycle is long for this new technology and companies will adopt what they have tested and modified and re-engineered to meet AM production needs. It's amazing that SGLB is right in the middle of it. I'm looking forward to when AM industry is ready. FAA should be releasing AM guidance and it will be on. I was reading about how stringent FAA standards are and that the 10,000 part should be exactly the same as the first, second, third and on. The "digital fingerprint" that PrintRite3D achieves should definitely assist companies with meeting that FAA standard.
Good Luck Longs. It's been quite a wait for us as we watch the AM industry slowly develop. SGLB appears to be lock step with where AM industry is heading for a number of years now.
Will PrintRite3D assist P&W with those production issues last year concerning quality? I'm betting they will. I think our revenue numbers will increase a bit quarter by quarter as more AM machines get PrintRite3D installed in them with P&W's ramp up.
JPI, Thanks much. It's great to see SGLB mentioned in research reports such as these. I'm looking forward to the bright future that MC has been positioning Sigma Labs for. The AM industry leaders are ready to start production and it's great that MC has SGLB involved with them. The many years of test and evaluation are about to payoff.
Safran, which has entered into 3D printing partnerships with Amaero Engineering and Prodways Group in the last several months, is joining several other companies, such as Stratasys, Sciaky, and Norsk Titanium, at the International Paris Air Show this week, and it has a pretty big announcement.
Safran Power Units has obtained the first certification for a 3D printed APU major part from the European Aviation Safety Agency (EASA). This milestone certification for a gas turbine nozzle will set Safran in the right direction for eventually achieving mass production.
https://www.3dprint.com/178575/safran-easa-certification-nozzle/
I bet Printrite3D played a part in the certification for that nozzle.
Safran is customer of Spartacus3D I do believe
Is'nt RUAG one of Morf3D's partnerss?? There's a lot happening in Alabama around AM.
Things are heating up. AM mass production is coming to fruition. The stage is nearly set for PrintRite3D.
GE Ready for CFM Ramp-up
Statements in articles like this help to confirm in my mind the significant lead SGLB has over the competition.
A good reason why GE has the acoustic monitoring patent could be for the following reason
It depends on that America Makes agreement to me. MC already said that the PrintRite3D's that GE brought were licensed for eval and not production and indicated the he was anticipating production run orders from GE and Honeywell. We shall see but yeah does drop my 100 percent confidence that GE will be deploying PrintRite3D throughout their AM plants. It's great to see the Siemens, P&W, Aerojet RocketDyne and Additive Industries orders this year that ramps up my confidence in their adoption of PRintRite3D. The Aerojet RocketDyne(having been a partner with GE and Honeywell) continued use certainly keeps me excited that the America Makes agreement is still good but I yeah don't know. It does leave a question mark in the 100 percent GE confidence I once had. I'll put my confidence level at 80 percent that GE will utilize PrintRite3D across their AM plants.
https://chemical-materials.elsevier.com/new-materials-applications/ge-patents-ear-validating-3d-printing-quality/
Here's our IPQA. SGLB should get some credit since GE utilized our product to further enhance it during America Makes.
Excellent Thanks. All these collaborations and connections are adding up fast. I'm looking forward to continued developments with Sigma Labs.
Stratasys partners with Boeing, Siemens and Ford on new 3-D printing technologies
Agreed KMey3434. Some folks need to understand where PrintRite3D fits in the AM lifecycle maybe some more DD will help.
http://www.aerospacemanufacturinganddesign.com/article/airbus-safran-launchers-siemens-plm-102116/
Airbus Safran Launchers has selected Siemens over other suppliers to help transform its entire product lifecycle process in order to maximize quality and efficiency and minimize costs associated with the development and realization of all its launcher programs. Airbus Safran Launchers is a joint venture equally owned by Airbus Defence and Space and Safran.
http://www.shanghaidaily.com/business/manufacturing/Siemens-sets-up-its-Asia-Pacific-experience-center-in-Beijing/shdaily.shtml
GERMAN industrial group Siemens launched a “digitalization experience center” in Beijing today to show its smart manufacturing cases, tapping China’s “high-potential” smart manufacturing market.
Yes. I've been tracking that for a couple years now. It's a very orchestrated campaign. IMHO.
I'm a believer and still calling $100pps in 2020. There's a lot of companies finally getting their initial AM factories built. The need for SGLB will greatly increase with AM full rate production. I can see that occurring across multiple industries by 2020. The right AM printers are finally being built for AM production ie Metal Fab. The next few years SGLB should be able to capitalize on by being first to market and as more investors become educated on where SGLB fits in this AM Space.
The following kinds of articles enhance my confidence in Printrited3D being used heavily by some Big Players in the next few years.
The only issue is that GE did purchase PrintRite3D as well as Honeywell and Aerojet RocketDyne all who developed SGLB's IPQA technology together via America Makes project.
I agree with you. PrintRite3D is installed on a number of EOS machines now and they are our partner and Morf3D's partner. I appreciate how PrintRite3D software is complementary to OEM's AM machines.
IMHO a Big reason that Mark is not forthcoming with my details. NDA's are preventing disclosure.
Companies are accountable for what they post on their web sites; thus, I for one would not be dismissive of that statement.