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Very nice read on the current and future of AM production for Sigma Labs partner Materialise.
Looks like Materialise could certainly use IPQA as a vital part of their process that could save substantial time and money for any company who uses Materialise controller software.
Materialise's own production site could certainly utilize Sigma Labs software and earn a nice market share in one bite.
Just one of our partners, current market cap around ~1 Billion, 10% capture rate on their business alone would be a significant amount for Sigma Labs.
Between Additive Industries, Materialise, Pratt and Whitney, Honeywell, GE Baker Hughes Oil and Gas, among our many other customers, Sigma Labs remains very well positioned for rapid growth :)
https://www.materialise.com/en/cases/digital-interconnected-and-automated-3d-printer-control-for-industry-4-0?utm_source=linkedin&utm_medium=social&utm_campaign=SOFT-E-Case-StreamicsBremen
Sigma Inside
Do DD
Glta
More government money being poured into the industry. Always a good thing.
https://www.navsea.navy.mil/Media/News/SavedNewsModule/Article/2164483/navy-announces-30m-for-accelerated-small-business-innovation-research-sbir-busi/
Sigma Inside
Do DD
Glta
Listened in on the ASTM conference with Darren Beckett.
Very highly technical talk mostly focusing on our recent white paper and patents.
Another paper with Ansys is currently being worked on, along with work with various OEMs.
Darren mentioned working with OEMs several times and how working with them was going extremely well and has been extremely beneficial for the advancement of the software and the industry.
Multiple mentions of NIST and also that a project Sigma has been working on regarding the standardization entities may be released sometime in the near future with Surendra Singh (Honeywell) through Sigma's work with E07-10 WK62181
Mentioned the referring to closed loop as "healing" the build, with the potential capability to change multiple variables within the machine to correct the build in real time, not only from the aspect of the melt pool, but from complete control of the machine.
https://ntrs.nasa.gov/archive/nasa/casi.ntrs.nasa.gov/20190025448.pdf
A lot of OEM talk and directly embedding the software into printers or controllers such as materialise.
Sigma Inside
Do DD
GLTA
Sigma Labs IP portfolio holding strong as other companies like Concept Laser applications for similar technologies gets DENIED!
https://patents.google.com/patent/US20090206065
Sigma Inside
Do DD
Glta :)
I never said those particular printers had pr3d in them. I couldn't possibly know, as nothing was officially announced and I'm not involved on the business end of any company.
Simply sharing the growth of Additive Industries and the number of printers being sold per deal as companies head into production.
Additive Industries growth will be a good barometer for industry printer sales and our target market.
AM beginning the next rotation of the manufacturing industry.
Do DD.
Sigma Inside
Glta
Additive Industries installs Three Metfab1 with an Aerospace customer in California, with and option to purchase 5 more in 2020, and a machine with the leading turbocharger manufacturer in Europe.
#SigmaInside
Do DD
Glta
https://www.additiveindustries.com/news/news-and-press/a-big-thank-you-to-our-customers?utm_campaign=Announcements%202020&utm_source=linkedin&utm_medium=social
Additive Industries and GKN opening joint collaboration center in very familiar locations to Sigma.
This Centre is part of the global network of Additive Industries Competence Centres, also located in Eindhoven, Los Angeles and Singapore, each having their own specialism in different aspects of industrial additive manufacturing.
Also, working with the largest steel maker in the world to produce in-house parts.
https://www.additiveindustries.com/news/press-releases/additive-industries-confirms-productivity-leadership-and-teams-up-with-3d-metal-printing-pioneer-fraunhofer-to-accelerate-0
https://www.additiveindustries.com/news/news-and-press/arcelormittal-and-additive-industries-take-the-lead-in-large-spare-part-printing-for-the-steel-industry
Sigma Inside
Do DD
Glta
Might wanna look at his work with the USAF, and DoD regarding nuclear detection devices.
John Rice knows a lot more about high level business and scientific evidence based technologies than you think.
He's aware how to negotiate a good deal on a reasonable budget, which is what he's continued to do with Sigma...a company that's been able to manage years of operations while significantly improving their product and high level professionals onto their staff at minimal cost and zero debt.
It's been a fairly impressive stretch on a shoestring budget.
Sigma hasn't yet gained the tech hype it deserves. Many companies have much higher valuation with an equal amount of cash and sales, and most certainly less fortune 500 company contracts.
Sigma is poised to handle that hype once some revenue hits.
We're ahead of the curb.
Sigma inside
Do DD
Glta
I know it's been a long, hard road for a lot of longs around here.
A lot of hours of DD.
A lot of hours of researching the entire industry.
For me, plenty of hours of research, trips to the various trade shows and information exchanges, meeting with professionals in the field, and so on.
The science continues to prove itself.
The contracts in hand continue to prove themselves.
The advancement of software continues to prove itself
The industry maturation continues to point towards the need for IPQA.
Sigma happens to have the best version readily available.
I agree the timeline has continuously been pushed back.
Our main target was 2020, even from the early days back in 2017.
Anything earlier than that, it was pretty clear the company didn't really have a fully commercialized product and testing was still going on and they openly admitted to that and explained that.
The recent push back into 2021 for breakeven seems reasonable considering the current circumstances the world finds itself in.
But, we continue to hear companies pushing into production, which is in line with their own hyping of AM back in 2016-2017.
Even the giants like GE were stating 2020 for actual production back in 2016 when they were hyping the technology of AM.
Everything has been steadily advancing.
Sigma has maintained a solid position, following the business model to be involved with OEMs, end users, Certification entities like NIST, and research entities like colleges and research institutions.
As someone who's had to average down, you'd be surprised how quickly that average comes down, when you calculate your new average, accounting for the money made on any gains on the most recent purchase.
With our current valuation the lowest in company history or very near it (haven't looked back to calculate IPO price or anything, but definitely the lowest I recall) anyone who has done the research should know a 3 Million dollar valuation is easily capable of multiplying very quickly.
A low float, combined with this low valuation, will surely see some fluctuations.
The dollar amount per share seems to scare people, or at least have them hesitant to believe it will ever hit some higher dollar marks.
But, one should think about the valuation vs the price.
At 10X higher than now, the price would be around $20, and the company would be worth ~30 Million.
For a tech company, with recurring revenue, high margins by directly embedding software into devices, a 5-10x multiple on sales isn't out of the question.
That's a few sales for Sigma.
Outfitting an end user.
Signing a new OEM.
As sales of printers increase, our target market does as well.
As materialise just agreed to enter into a binding joint sales agreement, what's good for them is good for us.
They have a tremendous footprint in the AM industry. Around 1 Billion dollar market cap.
Extremely successful and prominent name in AM software and otherwise.
I haven't had a chance to investigate in awhile, but I'm guessing that billion dollar valuation is a decent multiple of their cash and sales, proving the expected growth of the industry.
I know this has been being said for years, but finally, we're seeing true adoption of certifications, real production of parts, mass production of parts, and so on.
The AM industry is growing, and growing up.
The infancy stage of AM is now in the toddler stage. It's getting up, wobbling around, falling every now and then, but getting back up and learning exponentially.
We're well ahead of the curve with nothing but positive possibilities ahead of us.
All in all, I'm excited for the times ahead, with a much more stable position and very happy with my current holdings.
May continue to add at these prices as long as the business plan remains in tact and as well executed by management as it has been.
Being the de Facto standard is the goal.
Even without, Sigma has the potential to earn significant market share with the technology they currently have available.
Sigma Inside.
Do DD.
Glta.
Sigma Labs mentioned during Additive World conference by ANSYS, mentioning Sigma Labs work with them and NIST Test artifact to monitor build and directly correlate with modeling
ANSYS presentation ~20min - 35 min mark.
6 million shares would earn the additional 13 million, which would fund 2 years, not two quarters.
And that's without counting any revenue, and also need to account for the fact we won't be wasting nearly as much time and money on r&d, as we are already involved in multiple revenue streams.
You guys knocking the price realize we only have ~2M shares and still at full release of the remaining 6 million over time, is a small amount of shares to be trading.
Once the first tiers of this latest restructuring and offering is complete, the market cap will have some nice swings, especially into the green once any revenue is announced as sigma releases their first ever commercial product via multiple verticals of revenue streams.
OEM
End users
Embedded in Materialise
Distribution networks.
Makes sense to stick around for the sales after making it thru years of science and multiple highly prestigious studies by third parties like NIST, DARPA, Aerojet Rocketdyne, USAF, and many others.
Excited about current prices, and even more excited about the future, more accurately valuated prices on our tech.
Sigma inside
Do DD
Glta
US stimulus delivers 1 Billion directly into the hands of one of our customers, Aerojet Rocketdyne, and a nearby friend of Raytheon.
https://www.nasdaq.com/articles/raytheon-aerojet-rocketdyne-sign-%241-bln-deal-for-standard-missile-programs-2020-03-26
Raytheon
Interesting part of the board popped up when I was doing research on these connections.
See below
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=137628052
Sigma inside
Do DD
Glta
Happened to wake up to the dip today and added a nice ~25% to my holdings. Still have another couple tranches of funds to consider going forward.
Definitely interested to see how the meeting goes, plus the upcoming news announcements.
Sigma definitely has powder in the keg ready to raise this 13 million and move forward with a fully commercialized product.
Exciting times.
Standards and production contracts on the horizon.
AM supply chain was just greatly validated with the recent and occuring pandemic.
Sigma remains the first product to market with true closed loop capabilities and operator intervention capabilities.
Sigma inside
Do DD
Glta
Thanks for the update. Good to hear all is relatively well. Here in Ohio they've instructed restaurants to do carry out only and encourage social distancing.
Places like barbers, hair and nail salons, and other entertainment industry businesses temporarily closed.
Stores have been hit and miss from what I heard. A lot of panic buying and stocking up going on.
I buy in bulk, so I haven't had to witness the stores myself. Heard they're not great.
Stay safe my friends.
Live well.
Oil and Gas standards
*Must prove production process ensures quality part on not only the first, but the second, tenth, or twentieth build
• All parts shall be manufactured using a qualified build process. A build process is qualified through a defined Build Process Qualification Testing (BPQT) procedure.
The purpose of the BPQT is to prove and provide a baseline that, when using a certain set of essential parameters, a certain quality is achieved
• Production testing is intended as a control to ensure that the manufacturing process produces parts according to the qualified build process not just once, but also on, for example, the second, tenth or twentieth build. The extent of production testing and type of tests carried out are different for the different AM technologies
• Depending on the criticality of the part to be manufactured, the part itself or a representative geometry may need to be tested. This is due to the unique possibility AM brings to produce the material and geometry simultaneously. The methodology and extent of part qualification testing depends on both AM Class and AM technology.
The closely aligned set-up of the two JIPs secured maximum knowledge exchange and learning between members, research institutes, designers, manufacturers, certifying bodies and end-users.
At the end of the ceremony, DNV GL launched two new JIPs to continue the investigation of AM technologies and develop Digital Warehouse program.
The 20 members of the JIPs are listed in alphabetic order:
- Additive Industries
- AFRC of the University of Strathclyde
- Aidro Hydraulics & 3D Printing
- BP
- Equinor
- HIPtec
- IMI CCI
- Immensa Lab
- Ivaldi Group
- Kongsberg
- OCAS / Guaranteed (spin-off from
Arcelor Mittal)
- Quintus Technologies
- Sandvik
- Shell
- Siemens
- SLM Solutions
- TechnipFMC
- Total
- Vallourec
- Voestalpine
https://www.aidro.it/phone/guidelines-oil-gas.html
Sigma inside
Do DD
Glta
Finally in my 40s target range :)
Liking the price.
Everyone needs the remember the difference between ISSUED and AUTHORIZED shares.
Seeing as the current management and Carl Schwartz are the largest stakeholders in the company, it would be redundant for them to dilute themselves when it isn't a lucrative move to make.
The company needs to avoid the potential for a hostile takeover when they have no authorized shares in their pocket.
The length of time it took to get this product to market was longer than everyone expected. Even timelines set by the governing agencies were way off. Deadlines for standards have been ran over for an extended period of time.
The industry seems to be much closer to moving forward into production at this point. Many companies set their production guidelines for 2020 and beyond. We're seeing the fruits of that labor come to fruition.
Many companies literally just built new factories and outfitted them with AM machines over the past year, many still being built into the next few years.
The March 2020 presentation has an excellent portion of the slideshow that shows every step Sigma has made earning contracts from Academia, End Users, OEMs, governing agencies, and so forth.
They've hit their targets.
They've extended their software over a significant portion of the globe for a 8mil pre-revenue company.
The science continues to point that an In-Process qualification system is needed for production of high end parts.
A recent study also pointed to the fact that data similar to what pr3d collects would be necessary for a true closed loop and predictive system.
Sigma is ahead of the game, already with a working model in the hands of the biggest names in the industry.
I think the timing and industrys slower than expected progress has affected a lot of investors, but I don't think it will affect the outcome for the company.
The market is there.
Materialise doing as many millions in sales as they do is not random.
There is most certainly a market for pr3d, one that continues to grow and expand exponentially as time moves forward.
There's a lot of market fear and global supply chain issues going on right now that are casting a big shadow over the entire market.
They will pass as everything stabilizes.
I don't think now is a time to forget the science behind the technology.
Now is the time to capitalize on the future.
Do DD
Sigma inside
Glta.
Materialise did 41.5 Million in software sales in 2018. This is their outlook on the market.
As the number of internal and external service or production centers across the 3D printing industry grows with these 3D printing operations running more complex mixes of machines from different manufacturers and based on various technologies, as 3D printing will be increasingly used for the manufacturing of complex or customized end parts, and as the number of 3D printer manufacturers increases with certain new players initially focusing more on the hardware than on the software component of their 3D printers, we believe the demand for highly performing industrial 3D printing software platforms is likely to grow accordingly. Furthermore, we believe that the worldwide market for additive manufacturing software is tied to the growth of the overall additive manufacturing sector and in particular the number of industrial 3D printing systems in operation. We expect that the volume of industrial 3D printing systems sold will grow with increased adoption of additive manufacturing processes, and that 3D printing software, in particular in the professional segment of the market, will increasingly be needed to interface with these systems and allow for more efficient operation of those systems.
We believe that we can continue to expand our market penetration through expanding relationships with customers and OEMs, and through the continued innovation of our software products to adapt to and meet market demands. In order to be able to do so, we intend to bring our teams closer to our customer base worldwide, which will require continued investments in the expansion of our marketing and sales presence. In order to be able to meet the demands of new entrants on the market, we also intend to continue to invest significantly in the development of our software products, including furthering their compatibility with as many 3D printers on the market as possible. For example, we believe the market for metal-based printing will be a key growth area in the additive manufacturing industry and, while we believe we currently have a strong market position in software for metal printing, we are also committed to research and development of metal-based technologies, such as machine integration and porous structures generation.
https://3dprintingindustry.com/news/slm-solutions-and-honeywell-to-qualify-3d-printing-parameters-for-thicker-layers-165883/
December 2019, but just a reminder process parameters among the largest OEM and end users are a new topic and still being investigated as seen here.
SLM another potential OEM for sglb inside.
As honeywell is obviously interested in qualifying parameters in this article that also mentions Sigma Labs
Sigma inside.
Do DD
Glta
Smart move to get institutionals interested in the stock. Most have a minimum $ amount regardless of share count.
Usually a $2-5 minimum for most institutional investment firms to even touch.
Makes the math a lot easier on the upcoming addition of shares, makes everything a lot less messy.
Hopefully, they'll be able to keep the price afloat before the next news or ER.
Compliance will help.
Market has been taking a brutal hit between the fear of socialism winning the election and the Coronavirus....not really great timing, but definitely not something that could have been predicted.
2020 going to be big for regulations and production.
AM still pushing out of the lull of the end of the hype phase.
Take a look at any stock recently....all taking a dive. AM stocks moreso than most, and for longer than most.
The technology is there, the machine purchases are there. The production is planned and paid for....just a matter of time.
Stay thirsty my friends.
#SigmaInside
Do DD
Glta.
I'd take your estimates and adjust them to a third of that, but I agree on the sources
Get those duckies ready boys and girls. Almost time to buy some shares. Short term pain, long term gain.
Current valuation, depending on new authorization up to 80 million shares, could have Sigma sitting at anywhere from it's current ~8.7 million down to ~2 million.
With the offering already priced and in place, earning up to ~14 M in cash money for Sigma, were looking at a ~2x-7x premium based on cash alone.
The more the recent deal orchestrated by John Rice unfolds, the more lucrative it becomes.
Take advantage of it while you can.
For the addition of this many shares to be added, something significant must be coming.
No one would be dumb enough to expand the number of shares this much while owning such a significant stake.
John Rice has been paying himself in shares for some time, making the performance of the company his main agenda. If the stock doesn't perform, neither does his bank account.
The strategy to go pure tech and IP will pay off in the long run, and is taking up all of Sigmas cash as is.
The idea to go the Morf3d route, would have required extensive funding and overhead in materials and personnel that Sigma doesn't have.
Morf could afford to do this, because they have nothing proprietary.
They have business relationships with big companies to print parts and that's it.
They make a reasonable margin, but other than that, they're just like any other service bureau.
Sigma's strategy of "Sigma Inside" will give them the freedom to license and embed their technology across the board, making their outreach and visibility much more lucrative than just printing parts.
Already inked a deal with Additive Industries, one of the few major players in the OEM space, with more in the works as described in various reports and conference calls.
Materialise as well. Big money stuff.
CAGR on the industry continues to grow as planned, even breaking some expectations.
Even a small capture through the deals they already have in place easily solidifies their valuation and will increase it exponentially.
Remember, it's only 2020, most companies are looking for real production between now and 2022-2023.
This is the calm before the storm.
This is where knowledge of understanding the future of the industry will pay handsomely.
Do DD
Sigma inside
Glta
Which is why they're already signing contracts with OEMs to make the transition as quick and simple as possible.
The value of the deal with Additive Industries ALONE represents hundreds of millions of dollars in revenue for Sigma Labs over the natural progression of both the industry and additive Industries as a company also in it's infancy.
Printer sales continue to rapidly increase YoY and Sigma has a deal with a OEM who is increasing their footprint worldwide.
So many more on the table.
So many high end, end users looking to equip entire factories.
In terms of business development in this day and age. The amount of time to write different software for a handful of machines will not be detrimental to the future of the product.
Sigma inside
Do DD
Glta
Not sure where all there weird numbers are coming from...a lot of $2 million figures thrown out there...
Clearly states the company can receive up to $14 million from the shares offered in this, which would total ~76 million outstanding shares.
The Offering
Common Stock offered by the selling stockholders
121,704,222 shares(1) Common Stock offered by usNone
Common Stock outstanding14,037,590 shares(2) Common Stock to be outstanding after the offering
76,838,701 shares(2)(3) Nasdaq Capital Market SymbolSGLB Use of proceedsWe will not receive any proceeds from the sale of the common stock offered hereby.
However, we may receive up to a maximum of approximately $13,798,100 of gross proceeds
from the exercise of Common Warrants (based on an initial exercise price of $1.00 per share) and Preferred Warrants (based on an initial exercise price of $975 per share) by selling stockholders to the extent they are exercised on a cash basis, which proceeds we expect to use for general corporate purposes and for working capital.
Sooo sigma could get 14 million...not two.
And also the warrant is locked in at ~$1,
Which means, sigma must have big news coming, because why would a investment company agree to pay face value of the current stock price into the future?
Why would they agree to buy millions of shares/warrants at face value, especially since they won't own any at the end of the offering?
The answer is they know it will be worth more than $1 very soon.
They know the stock price will increase, allowing them to sell all their shares and get out.
Why else would they agree to buy so many shares at face value of $1.
Also, the main thing that increases the value of a company, is Cash.
If offers are getting out on the table, the value of the company will be significantly higher if they have $14Million on hand, as opposed to whatever we have now.
That way, when whichever company offers to buy, will be bidding on a company with $14M in cash, plus whatever multiple the market is currently giving us
Meaning Sigma will instantly go from being worth $10 million to probably closer to $20+ million, especially if the proper hype is in place on a new contract.
Then, when an offer is put on the multiple of a $20 million dollar company at say 5x, and opposed to 10M at 5x, we'll be looking at offers on the $100M dollar range as opposed to the $50M range.
Making sigma a 10x bagger from your current value.
(If they sell out completely).
If they only sell a portion, your position can continue to grow under the wings of whatever company buys.
All in all, we will have a much better idea when March comes around
Do DD
Sigma inside
Glta
Reason to raise money.... perhaps bidding on large contracts.
Our customer Aerojet Rocketdyne moving forward
GKN and additive Industries making moves as well.
Many companies and government entities require companies have certain financial backing to ensure they fulfill the entirety of a particular contract.
https://blog.executivebiz.com/2020/02/nasa-accepts-aerojet-rocketdyne-upper-stage-engines-for-sls-rocket-eileen-drake-quoted/
Sigma inside
Do DD
Glta
Sigma Labs previous collaborators
Doug Wells, NASA
And
Ben Dutton, MTC
Presenting on relative topics at
ASTM INTERNATIONAL
3rd Additive Manufacturing
Center of Excellence Snapshot
https://www.astm.org/SYMPOSIA/filtrexx40.cgi?+-P+MAINCOMM+F42+-P+EVENT_ID+3908+-P+MEETING_ID+142432+sympotherinfo.frm
El Paso TX Feb 9-10
Sigma inside
Do DD
Glta
Ansys describing real time process parameter inspection as the Holy Grail of additive manufacturing.
2:00
http://storage.ansys.com/webinar/200115-geometry.mp4
Do dd
Sigma inside
Glta
Download the white paper talking up Sigma Labs, DoE, DoD, NIST
Mentions Sigma Labs as the Missing link of AM production.
https://www.researchgate.net/publication/301939091_Towards_rapid_qualification_of_powder-bed_laser_additively_manufactured_parts
#hang on $ glta
Sglb
Do dd
Glta
Additive World Conference
Eindhoven
Additive Industries
The second day of the Conference will allow you to have an exclusive update on the latest developments within Additive Industries and to see the MetalFAB1, the first industrial additive manufacturing system for series production, printing “live”.
https://additiveworld.com/Conferences/Additive-world-conference-2020?utm_campaign=Content%20Marketing%202019&utm_source=hs_email&utm_medium=email&utm_content=82067054&_hsenc=p2ANqtz-81VIBWSO7WLuCKXZlRXWysQuHKkryif-61zyZ8ThsPbxrU5QvtWiq2wR1uudadguYt0R5hSPwjwx8u4KYOclP84Jymrw&_hsmi=82067054#inhoud
Customers....plural... Lockheed and Aerojet
Rocketdyne racking up big government contracts with AM
https://www.defensenews.com/industry/techwatch/2019/12/17/lockheed-awards-815m-contract-for-hypersonic-missile-motor/
Sigma inside
Do DD
Glta
GE Additive testing machine process quality for months and months to ensure part quality.
Newest Concept Laser most advanced, perhaps new software to be included? Specifically for aviation customers as described in the video
DoD conference, Sigma Labs presenting
February 5-6, 2020
Metal Additive laser Powder Bed Fusion Melt Pool Monitoring of Radiated Spectral Emission Using Co-Axial
Photodetector Sensors with Applied Planck Thermometry
Darren Beckett (Confirmed)
CTO
Sigma Labs, Inc.
http://militaryam.dsigroup.org/download-the-agenda/agenda-download-form/
Been saying this a long time...DoD connections and money will add up quick
AFRL
NIST
Moog
NASA
Honeywell
DARPA
America Makes
Sigma inside
Do DD
Glta
Aerojet Rocketdyne making big moves, another SGLB customer
https://www.globenewswire.com/news-release/2019/12/03/1955772/0/en/Aerojet-Rocketdyne-Achieves-Milestone-on-DARPA-OpFires-Program.html
DoD is a big market...one that Sigma Labs is very familiar with and actively participating in on a regular basis
Glta
Sigma inside
Do DD.
Money starts rolling in with commercialization imminent.
AFRL
SGLB
America Makes
Big $$$
https://www.americamakes.us/america-makes-announces-new-7year-322m-cooperative-agreement-afrl/
First half of 2020 and it's a new ball game.
Sigma Inside
https://www.materialise.com/en/press-releases/materialise-announces-innovations-and-initiatives-to-advance-additive-production?utm_source=linkedin&utm_medium=social&utm_campaign=CORP-E-Press-FormnextNews2019
Materialise extends its collaboration with EOS with plans to introduce a new Build Processor. This Build Processor will integrate the EOSPRINT software, providing users with a seamless connection between Materialise software and EOS machines and removing the need for additional software. With the Build Processor integration customers are able to print directly from Materialise Magics and Streamics on EOS machines. By bringing together the power of both companies, customers will enjoy a smooth workflow with reduced complexity, allowing them to scale their operations and adopt serial additive production. The new Build Processor will be available in the first half of 2020.
Do DD
Glta
Time to make some money.
Many sigma collaborators and customers to talk standards and certifications.
https://amcoe.org/events/specialty-workshop-series-additive-manufacturing-data-management-and-schema
Sigma inside
Glta
Do DD
This is huge. Joint presentation for commerical with one of the leaders in AM both polymers and metals
Amazing stuff :)
Sigma Labs to Present PrintRite3D Software with Materialise Control Platform (MCP) at Formnext 2019
Frankfurt, Germany Conference to Set the Stage for Additive Manufacturing Pioneer’s Next-Generation Control Technology
SANTA FE, N.M. – November 7, 2019 – Sigma Labs, Inc. (NASDAQ: SGLB), a leading developer of quality assurance software for the commercial 3D printing industry, will demonstrate the latest version of its proprietary PrintRite3D® Real-Time Melt Pool Analytics software platform in conjunction with Materialise NV (NASDAQ: MTLS) at the Formnext 2019 conference in Frankfurt, Germany, on November 19-22.
The announcement comes as further validation of the New Mexico-based company’s status as a pioneer in the category after its recent partnership with Materialise, one of the industry’s most innovative developer of additive manufacturing software and printing solutions, to integrate the companies’ technologies to enable maximal control on the production process.
At Formnext, the additive manufacturing category’s premier global exhibition and conference event showcasing the next generation of intelligent industrial production, Sigma Labs’ Chief Technology Officer Darren Beckett will present on “Integration of PrintRite3D Melt Pool Monitoring Software with Materialise’s Machine Control Platform (MCP) for Advanced Process Control” at Materialise’s booth in Hall 12.1, Booth C131.
Formnext 2019 – Materialise NV Booth
Date: Tuesday, November 19 - Friday, November 22, 2019
Time: All day Central European time
Location: Hall 12.1, Booth C131
Conference Map: Click here
Version 5.1 contains several enhancements and new features to further strengthen the usability and capabilities of the software to support the industrialization of additive manufacturing for serialized production. PrintRite3D’s new features consist of the automated anomaly detection with “Z connectivity” which identifies thermal defects that propagate across multiple layers. The newest software update also features enhanced detail data trend analysis and customizable thresholding to enable automatic user alerts.
“As Sigma Labs continues to lead the additive manufacturing category in enabling the process to be a productive, economical, and efficient solution for a rapidly expanding set of industries, we’re looking forward to joining our partner Materialise at Formnext to exhibit PrintRite3D’s new capabilities and enhancements,” said Beckett. “This is welcome affirmation of our partnership and of the opportunities to come as we focus on the innovations that position Sigma Labs at the forefront of the additive manufacturing industry today.”
“By joining forces with Sigma Labs to integrate their inspection tool with our Materialise Control Platform, we respond to the growing need for more control and increased productivity as companies adopt and scale additive manufacturing,” said Karel Brans, PhD, MSc, Sr. Director OEM Partnerships of Materialise NV. “We look forward to the opportunity to demonstrate this to the industry leaders at Formnext.”
Formnext 2019 will bring together the global elite of additive manufacturing and exhibitors from 34 nations. Included among them will be market leaders such as 3D Systems, Additive Industries, Addup, Arburg, BigRep, Carbon, Desktop Metal, DMG Mori, Envisiontec, EOS, ExOne, Farsoon, Formlabs, GE, HP, Keyence, Markforged, Materialise, Matsuura, Prodways, Renishaw, Ricoh, Siemens, Sisma, SLM Solutions, Stratasys, Trumpf, Voxeljet, XJet and many more companies from around the world. At around 55 percent, the proportion of international exhibitors reflects Formnext’s global significance. The biggest exhibitor nations after Germany are China, USA, France, Italy, the UK, Spain and the Netherlands.
For more information or to request demos or on-site interviews, please contact Julia Wakefield at Rubenstein Public Relations at (212) 805-3021.
About Materialise
Materialise (NASDAQ: MTLS) incorporates nearly 3 decades of 3D printing experience into a range of software solutions and 3D printing services, which together form the backbone of the 3D printing industry. Materialise’s open and flexible solutions enable players in a wide variety of industries, including healthcare, automotive, aerospace, art and design, and consumer goods, to build innovative 3D printing applications that aim to make the world a better and healthier place. Headquartered in Belgium, with branches worldwide, Materialise combines the largest group of software developers in the industry with one of the largest 3D printing facilities in the world. For additional information, please visit: www.materialise.com.
About Formnext 2019
Formnext 2019 is a leading global trade fair dedicated to additive manufacturing and industrial 3D printing, held in Frankfurt from November 19-22, 2019. Spanning over 600 exhibitors and over 25,000 attendees, Formnext showcases the complex, multifaceted world of additive manufacturing across the entire range of materials used, from polymers to metals and other materials, as well as every process step in state-of-the-art industrial production right up to series production. For more information, please visit the Formnext website at www.formnext.com.
About Sigma Labs
Sigma Labs, Inc. (NASDAQ: SGLB) is an emerging provider of quality assurance software to the commercial 3D printing industry under the PrintRite3D® brand. Founded in 2010, Sigma is a software company that specializes in the development and commercialization of real-time computer aided inspection (CAI) solutions known as PrintRite3D® for 3D advanced manufacturing technologies. Sigma Labs' advanced computer-aided software product revolutionizes commercial additive manufacturing, enabling non-destructive quality assurance mid-production, uniquely allowing errors to be corrected in real-time. For more information, please visit www.sigmalabsinc.com.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (which Sections were adopted as part of the Private Securities Litigation Reform Act of 1995). Statements preceded by, followed by or that otherwise include the words "believe," "anticipate," "estimate," "expect," "intend," "plan," "project," "prospects," "outlook," and similar words or expressions, or future or conditional verbs such as "will," "should," "would," "may," and "could" are generally forward-looking in nature and not historical facts. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the Company's actual results, performance or achievements to be materially different from any anticipated results, performance or achievements. The Company disclaims any intention to, and undertakes no obligation to, revise any forward-looking statements, whether as a result of new information, a future event, or otherwise. For additional risks and uncertainties that could impact the Company's forward-looking statements, please see the Company's Annual Report on Form 10-K (including but not limited to the discussion under "Risk Factors" therein) filed with the SEC on April 1, 2019 and which may be viewed at http://www.sec.gov.
Media Contact:
Julia Wakefield
Vice President
Rubenstein Public Relations
212-805-3021
jwakefield@rubensteinpr.com
www.rubensteinpr.com
Investor Contact:
Chris Tyson
Managing Director
MZ Group - MZ North America
949-491-8235
SGLB@mzgroup.us
www.mzgroup.us
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Awesome volume. Knocked out so many sales that needed to be taken care of.
Japan is a large and very cutting edge market.
Sellers and flippers taking over now but the necessary shares have been moved.
Phew.
VTT = Visionary
On to the next one.
Do DD
Sigma inside
Glta