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And from siemens website
Siemens is a pioneer in Additive Manufacturing and already uses the technology for rapid prototyping. Furthermore the company is now developing solutions ready for series-production for manufacturing gas turbine burner nozzles and repairing burner heads. Just recently Siemens achieved yet another breakthrough: the first gas turbine blades ever to be produced using Additive Manufacturing have successfully finished performance testing under full-load conditions.
Sigma Labs at work with Siemens equals good things coming. The revenue is coming. The dots are connected. It's just a matter of time and surviving the continual short attack.
Siemens has made a significant breakthrough in the 3D printing of gas turbine blades , paving the way for manufacturers of power-generation and other heavy equipment to use additive manufacturing (AM) not only to fabricate models or prototypes, but also actual parts for their products.
The Munich, Germany-based company has full-load tested for the first time gas turbine blades made entirely through an AM process, according to Siemens.
Willi Meixner, CEO of Siemens Power and Gas Division, said the successful test—which was conducted the Siemens test center for industrial gas turbines in Lincoln, U.K., over several months—is a big step forward for using AM to fabricate power-generation equipment, “one of the most demanding areas of application for this technology.”
“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.
Our customer Siemens and partner EOS doing AM on gas turbines. Maybe PrintRite3D inside coming soon?
This was three years ago
Not necessarily in this new age.
Their key finding illuminates the interplay between a firm’s real economic value and its stock price, showing how traders who deliberately drive the share price down can undermine the firm’s health, causing the share price to fall further in a vicious cycle.
“What we show here is that by selling [the stock], you have a real effect on the firm,” Goldstein notes. “The connection with real value is the new thing…. That is the crucial element.”
Goldstein and Guembel find that the process only works when the intent is to damage the firm; traders do not have the same power to create a feedback loop that drives the share price up.
According to the UK’s Manufacturing Technology Centre (MTC), control is the key factor for the implementation of additive manufacturing in an industrial setting.
Speaking at today’s Additive World conference, in which 3D Printing Industry is in attendance, the MTC’s David Wimpenny explains the most important obstacles additive manufacturing needs to address.
David Wimpenny is the Chief Technologist for Component Manufacturing at the MTC and has over 25 years of additive manufacturing research under his belt. In his talk, he encourages an integrated approach in order to have full control of the many processes of additive manufacturing.
A really good question, and so it's quite appropriate. We've recently been actively engaged with the MTC, Manufacturing Technology Center, outside of I think it's Coventry or Birmingham, England, UK, and we are in active discussions with them about exactly that, joining the standards technologies organizations there to provide our insight and guidance as they begin to mature their industry standards. Now, quite timely question, we're certainly keenly aware of that and actively involved.
Summary
The DOJ via Chad Readler recently filed an Amicus Brief against the structure of the CFBP, which has the same structure as the FHFA.
Collins has Count IV Constitutional Claims that get fully briefed Monday, which are against FHFA's identical structure, where Chad Readler has been defending as Acting Assistant Attorney General.
I own preferred shares and think that the net worth sweep may stop as early as this month, but that's me speculating. It might take a while longer.
Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC) are two companies that are privately owned, but are run by a government agency that has handed all their money over to another government agency for nearly a decade. The agency that has been set to regulate Fannie and Freddie is the Federal Housing Finance Agency (FHFA). On Friday, the DOJ went after the CFPB in an Amicus Brief:
FHFA is structured similar to the CFPB. It's worth noting that Chad R. Readler is defending FHFA while simultaneously attacking the CFPB for what are in effect the same claims.
Investment Thesis: Companies that make money are not usually forced out of business and the incoming administration is rapidly approaching its first crossroads where it must show its hand. The sweep is scheduled for later this month, and in the middle of next month, investors get to learn if Trump's administration is going to continue Obama's tactics of making plaintiffs fight tooth and nail to get access to discovery documents that have been withheld. More recently, the DOJ has charted a new course, and in a recent Amicus Brief has suggested that the CFPB was improperly structured. FHFA is structured the same way and plaintiffs in the Collins lawsuit are saying that is a reason to vacate the sweep. The Collins motion becomes fully briefed Monday and a ruling can be expected in ~3 months. If the net worth sweep is stopped by law or by the administration, my preferred shares will likely soar in value as the market would begin anticipating a conservatorship that ends via recapitalization instead of decapitation.
A niche market that could use PrintRite3D. I bet this is what the Jaquar Precision Machine Alliance was all about.
http://www.mmsonline.com/blog/post/metal-additive-manufacturing-delivers-spare-parts-on-demand
I agree with you. I'm wondering if MC is waiting to make an another contract announcement before releasing earnings again. I suppose the amount of a new contract award could outweigh the results of the earning report and thus keep pps around this range.
Understood. I'm just making the point that all these technologies will work together to provide the AM solution that addresses AM manufacturer needs and customer requirements. It's not just one technology. All these specialized technologies must work together. The MAterialise build processor, the 3DSIM simulation, SGLB's IPQA and other technologies all work together. These technologies that I mentioned are not competing but are unifying to provide the predictability that Additive Industries needs for the MetalFab1. They are an integrated solution.
EZJOKER, My best guess would be competitive advantage. For example, GE has spent a billion just developing their additive manufacturing plans. They are known to be very secretive during development of technologies.
To validate the parts GE has also revealed that in a secretive ‘Skunk Works’ style project, it is testing a 35%-additive manufactured demonstrator engine. Dubbed the ‘a-CT7’, a reverse engineered CT7-2E1 technology demonstrator was designed, built and tested in 18 months. The process reduced more than 900 conventionally made parts to just 16 additive manufactured parts.
"Cooperating with Sigma Labs allows Additive Industries to improve the predictability of the 3D print process, which is critical to advanced applications in markets like aerospace, medical technology, and high-tech equipment," added Daan Kersten, CEO of Additive Industries.
http://www.prnewswire.com/news-releases/sigma-labs-signs-technology-cooperation-agreement-with-additive-industries-300007213.html
MAterialise has a place at the Additive Industries table. I see all the players working together 3DSIM, SGLB and MAterialise all bringing different aspects to ensuring quality. Remember they are doing the build processor for Additive Industries.
http://www.materialise.com/en/press-releases/materialise-and-additive-industries-developing-a-build-processor-for-industrial
Nevermind. I know who you are referring to. I just can't find the comment but thanks much for the post.
Thanks Jackle for that find. That's a huge compliment coming from Optomec. They have that aerosel jet AM printer. Optomec received a 4million America MAkes award to implement USAF repair applications back in 2014. Optomec has recieved strategic investments from GE and AutoDesk back in late 2015 as I recall. This is just further validation of Sigma Labs IPQA technology. All part of the grand plan. I'm patiently waiting for it to be revealed. Do you have that link somewhere? I would like to do a little DD on that sales manager. Good Luck Longs!!
Yes indeed! I'm patiently waiting for the DD to prove itself and the contracts to arrive
Thanks much for the update to the board. We appreciate your efforts to attend! Still looking forward to a commercial contract with the Big Boys. Good Luck!
Buppy, I agree 100 percent. From a previous post of mine.
My thoughts are that GE is interested in being an AM manufacturer with the purchase of Arcam and SLM. They are not interested in being a AM third party certifier. GE wants to build the AM machines and produce AM parts thus they cannot certify that their parts are built to design intent for thier customers. This would be a conflict of interest. Sigma Labs is jockeying to be that third party certifier in the AM space. Now Honeywell just might be interested. I base that on Donald Godfrey's March 2016 presentation. In the Summary slide he states that
Quote:
• Working to be world leader in technology development in the area of NDE
• With regard to quality - Objective Evidence of Compliance to Design Intent is the ultimate goal
rube.asq.org/asd/2016/03/industry-government-cqsdi.pdf
Third party certification will be critical to bodies such as the FAA and FDA. Please see below from FAA's site.
The third party certification body under the procedures contained in Appendix 2, Third Party Certification Program and Procedures evaluates equipment. The manufacturer is issued a Certificate of Conformance by the third party certifier for each type of equipment that meets the applicable FAA standards.
a third party certification body must assure that the manufacturer provides and maintains a quality control system in accordance with FAA-STD-013, Quality Control Program Requirements, or suitable alternative, such as the ISO 9000 family of standards or Department of Defense quality standards.
Thanks Jackle! I hope someone from the board can attend or get a copy of that presentation! I'm looking forward to that announcement!
Awesome news for us Dot Connectors. We see where this is going Thanks for this post!
Alan, Looking forward to meeting you at the SGLB party!
I agree with you. I'm being conservative with the pps number; thus, I indicated by or before. I'm of the mind that it'll be the equivalent of $200 or more by 2020. I believe that when we turn the corner and generate profits that we could get to that $100 pps very quickly. I'm just thinking about another 3D company on the NASDAQ (ONVO) which has a market cap of 300 million with negative earnings per share. Exciting times ahead with positive earning per share.
Wow! Awesome! That's for this. It is huge confirmation for the LONGS here! I've been waiting for a while and looks like a Huge Dot is about about to connect!
It's cool. I don't mind if you laugh at my dot connecting. Several have over the years on this board have but I'm still calling it. Many of the hardcore LONGS share my sentiment. Hey, we got uplisted to the NASDAQ which many LONGS had anticipated all along that SGLB would survive to get here. I called this summer 2017 and I was pleasantly surprised that Mark and Co. uplisted earlier. Back to what myself and other LONGS believe.
1) PrintRite3D will be installed on those GE machines for high AM production and be a tremendous cost savings to GE. I've had a number of the doubters express that I'm dreaming but no one has yet to contradict Greg Morris statement that "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." I've issued the challenge about 3 to 4 times over the past couple of years and no one has been able to refute it.
Greg Morris recently announced that “As we ramp up production on the LEAP fuel nozzle, Materialise Streamics will be our production control software for Additive Manufacturing. It will be an invaluable tool to help us save time and eliminate manual processes,” and some said the SGLB was not in the game because Materialise Streamics took PrintRite's place. I disagree and say that we will be integrated into Streamics. It is all part of the grand plan which I believe will be revealed soon and open many eyes.
2) PrintRite3D will be installed in EOS machines for aerospace customers. I've had some on the board consider this statement to not hold water like GE. I disagree as I believe that SGLB brought that EOS machine to prove that PrintRite3D could be integrated and to show GE and others that it could be done with their EOS machines.
3) PrintRite 3D will be the defacto standard for in-process control for the foreseeable future. Yes. I believe it. Look at that DARPA Phase 1,2&3 contract and compare to what process many companies are utilizing. That process is ICME. I've mentioned it often on the board and provided DD.
4) SGLB will be $100 by or before 2020 if they are not brought out by then.
5) I will choo choo on this board and continue to say dot+dot+dot=success as the new announcements are made. I will be proud of the LONGS who did the DD and weathered the storm of reverse splits and lost value. Those who stood by their convictions in the face of laughter and ridicule from the board, from friends and family for being so far down on their investment. I will celebrate with gusto and toast all who show up at the SGLB party. Being a visionary is never an easy thing.
I know that GE is not currently utilizing PrintRite3D at Auburn; however, GE is still in low-rate production. I believe that PrintRite3D will kick in as GE moves to high-rate production based on the cost savings that PrintRite3D will provide. I see the whole DARPA ICME framework for rapid qualification fitting right in with GE's process. GE is utilizing the ICME process just like our recent Pratt&Whitney commercial customer. I see them utilizing the ICME rapid qualification framework to meet their high production needs; especially now that we are in Phase 3.
The ICME framework for rapid qualification is what I believe AM customers are looking for and I believe it will be a process suggested to utilize by AM standards bodies. The America Makes project for the development of IPQA to address the industry's need for a commercial solution has concluded and I'm betting the results will address the AM industry need for our PrintRite3D product. The ICME framework for rapid qualification has entered into Phase 3 (the commercial phase);thus, the established framework is ready for primetime. We are just waiting for contract announcements and a standard body to give the greenlight. The dots have lined up and LONGS are starting to see the plan come together and to support my belief that standard's bodies will adopt please see page 26 in this FAA presentation. Choo Choo!! Good Luck All!
http://sites.nationalacademies.org/cs/groups/pgasite/documents/webpage/pga_172540.pdf
Interesting. I believe IPQA will be part of this process. We shall know soon.
Speaking about a core issue around certification and qualification the point that “Every metal additive machine is a foundry,” is made by Herderick and how the additive supplier becomes the source of material properties. However, the qualification route of additive manufactured parts will be treated the same as any other critical process. Herderick says that it is “True that properties may be different, but the process by which we qualify is the same.”
This means, a lock down of processes and working through all supplier powder certifications, process qualification, material certification, vendor substantiation. “The details are different, but the route is the same,” Herderick says.
To ensure that 3D printed parts destined for critical roles are up to the job a number of techniques are used. These in In situ monitoring such as Concept Laser’s QM meltpool monitoring, GEIT X-ray CT on all LEAP nozzles and other techniques for non-destructive testing (NDT).
Thanks silversmith! I completely agree! I'm looking forward to what March has in store for SGLB. I'd love to see that presentation on the conclusion of the America Makes In-Process Quality Assurance for Laser Powder Bed Production of Aerospace Components project! Should anyone on the board attend that meeting then please provide a synopsis of the meeting if possible. GLTA! Exciting times ahead for SGLB this year!
I hope business is lining up for SGLB with the Morf3D partnership
Ivan J. Madera, Morf3D Inc. discusses how decision makers were lining up
Jeff, Excellent Find!! Thanks for this post! Dot Connectors are awesome on this board. Think and Grow Rich!
See ya'll at the hundred dollar party in 2020. It's great to see the institutional investors coming on board. Longs have been expecting this. It's fun watching a plan come together. Good Luck All! Choo Choo!!
A couple of our partners RUAG and MOOG listed as Airbus suppliers
http://www.airbus.com/fileadmin/media_gallery/files/supply_world/Airbus-approval-suppliers-list-Feb17.pdf
Thanks much for this post!
Same here. Not happy about the lost in value on this R/S into NASDAQ but hoping that this was the final one! It's time for SGLB to produce and all dots are pointing to it. The AM industry is at last ready to benefit from PrintRite3d. Many companies are moving toward metallic AM production and the LONGS here deserve their reward. I believe that the insider's exercise of their options with the uplist is signaling that the long drought in sustainable revenue is at it's end.
From Q3 2016 CC
Mark Cola
Yes, so great question. And so we put these JTDAs in place for two things, one to protect us and the company that we are partnering with because we have IP that we need to protect and of course they do as well and if there is an opportunity to jointly develop IP, we certainly open to that. And so that’s the premise and the guiding principle under which we put these programs, these JTDAs and TDAs in place if you will.
With respect to some of the specific names you mentioned, those were early opportunities for us to reach out to companies with existing technologies that were perhaps doing today what we wanted to be doing tomorrow. And Medtronic system does a good win that you mentioned. They had a very interesting laser scanning technology that we were evaluating for our PrintRite3D Contour technologies and so we brought that JTDA to fruition and hopes of evaluating technology that of course led to some of our current offerings Contour. I’m trying to pick up some of the other names you’ve mentioned. JTDA is quite a few, materialize is another one, we continue to as appropriate evaluate opportunities with materialize and others – and we even put together I think you mentioned Burke Porter, and that one specifically was done under the auspices of the GE America Makes program.
Yeah. In terms of other kinds of market penetration for quite some time, almost as long as I’ve been aware of you guys, you’ve been in collaboration with Materialise. Materialise is going to be announcing their new suite of software at Formnext this week. Do you know if PrintRite has been integrated at this point that a customer might see PrintRite is one of the options within the suite?
Mark Cola
It has not been incorporated and it fully and not yet available, no, you won’t see it at Formnext, at least not through Materialise yet.
Unidentified Analyst
Do you have any idea of how long it might be before it does get integrated with in Materialise?
Mark Cola
No, I don’t.
I'm still confident about our GE connection. The following quotes to me show the a plan that Dot connectors have been following:
First in 2013 GE announces partnership with Sigma Labs
"Today, post-build inspection procedures account for as much as 25 percent of the time required to produce an additively manufactured engine component," said Greg Morris, GE Aviation's business development leader for additive manufacturing. "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."
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.
Materialise is proud to announce a new partnership with Sigma Labs, Inc. to integrate Streamics with Sigma Labs PrintRite3D® products to improve services for metal-based Additive Manufacturing.
Really!! Hilarious man. Here's another link to inform those who are unaware of reverse splits.
http://www.investopedia.com/terms/r/reversesplit.asp
Jackle, Thanks for the post. Very interesting indeed. That cost reduction fits perfectly in our target market.
Z, I agree things could get very interesting in March.
Many accounts take a day to reflect the 1 for 2 reverse split. Your account value does not change. For example if you had 1000 shares at $3 before the split then after the split you would have 500 shares at $6. The value is still $3000. No one lost value on the reverse split. Please reference this link which explains it.
http://finance.zacks.com/reverse-stock-split-good-bad-2298.html
Sometimes the account value is not reflected until the next day. Please see thus link which explains it.
https://community.tradeking.com/forum/categories/general/topics/10721-slow-update-of-stock-splits/forum_posts
In response to your and I quote
They will all wake up and realize...."what the?", "but the share price is 3.30, I should be making bank" only to realize they dont have but half the shares they used to
Congrats Longs! Our dot connecting is paying off! We predicted this. The plan is coming together nicely. dot + dot + dot = Success!! Choo Choo the train is rolling!
Agreed!! This uplist is happening perfectly! Might be smelling some shorts burning in a few days. The split means the $100 SGLB party in 2020 will be $200 instead