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Very Nice. Thanks Jackle.
From Pratt and Whitney's twitter:
Interesting that Fives-Michelin is building their own metal 3D printer. It would be awesome if PrintRite3D will be an option on thier machine just like Additive Industries. No need to reinvent the wheel :) I can see why Mark remains confident to additional sales this year and look where the machines are in production one site is Louisville right in the neighborhood with 3DSIM. Sounding like a 3DSIM/SigmaLabs collab for this new machine.
Fives-Michelin wants to take 20% of world market of metal 3D printing
Jackle,
Maybe we are close to getting a possible order from Honeywell FM&T
A320neo with CFM LEAP engines receives type certification
I'm sure that Dr. Dave is still a consultant as Mark confirmed on the March 2016 con call.
From the Con call in MArch 2016
From the Con call in MArch 2016
Safran and AFI KLM E&M to Create JV for Aircraft Engine Parts Repair
Enlarge image - Safran and AFI KLM E&M to Create JV for Aircraft Engine Parts Repair
enlarge image click to enlarge
During a ceremony at the Palais de l'Elysée today in Paris, attended by French President François Hollande, Safran Aircraft Engines and Air France Industries KLM Engineering & Maintenance (AFI KLM E&M, part of the Air France-KLM group) signed a Memorandum of Understanding concerning the creation of a joint company dedicated to the repair of aircraft engine compressor blades. The new company's business will specifically concern CFM56 engines from CFM International (Airbus A320 and Boeing 737 families), the GE90 from General Electric (powering the Boeing 777) and the GP7200 from the Engine Alliance (for the Airbus A380).
The two partners will invest over 20 million euros in the new company, which will be owned 51% by Safran Aircraft Engines and 49% by Air France-KLM; it is scheduled to start operations in late 2017.
Related Research on ASDReports.com:
Global Military Aircraft Engines Industry 2016 Market Research Report
The company will be based in France, at the Sars et Rosière business park in the community of La Porte du Hainaut (northern France). The new plant will cover 15,000 square meters, and offer all the machinery and equipment needed to repair engine parts, including high-tech metallurgical processes.
After reaching full production capacity in 2020, the company should have a total of 200 to 250 employees. It will apply innovative management methods, largely based on team creativity and employee empowerment.
"The creation of this joint venture marks a new phase in Safran's long-standing relationship with Air France, » said Philippe Petitcolin, Chief Executive Officer of Safran. "Our shared ambition has driven the creation of a new high-tech company in France targeting an international growth market. As two major players in French industry we are very proud of our contribution to onshoring this strategic business, which calls on highly-qualified employees. It's also an excellent opportunity for Safran to bolster our position as a major player in the aircraft maintenance, repair and overhaul (MRO) sector."
Alexandre de Juniac, Chairman and Chief Executive Officer of Air France-KLM, added: "I am delighted to see Safran and Air France-KLM, two industry leaders, pool their expertise to develop new skills and create over 200 jobs in France. With this project, Air France-KLM continues to invest in the development of our production business, one of the world leaders in aircraft MRO. Through this new state-of-the-art unit, AFI KLM E&M will strengthen its technological expertise and increase the competitiveness of our services in a very demanding global market."
http://www.asdnews.com/news-66717/Safran_and_AFI_KLM_E&M_to_Create_JV_for_Aircraft_Engine_Parts_Repair.htm
Looks like SGLB's 3D printing services is about to grow some more.
https://www.sigmalabsinc.com/sites/default/files/job-positions/Mechanical%20Engineer.pdf
https://www.sigmalabsinc.com/sites/default/files/job-positions/Mechanical%20Tech%20Intern.pdf
A time and place for PrintRite3D that time is approaching as industry gets closer to full rate production of metallic parts which need to be verified to specs. It's important to know where it fits in the AM industry growth cycle. AM industry as a whole is still in the early stages of full rate production of metallic parts which required certification.
UPS rolls out plan for full-scale on-demand 3D printing manufacturing network
By Jeff Berman, Group News Editor
May 20, 2016
UPS this week said it is launching a full-scale on-demand 3D printing manufacturing network.
This network is comprised of a multifaceted approach that will mesh its global logistics network with 3D printers at more than 60 U.S.-based The UPS Store locations and in conjunction with the On Demand Production Platform and 3D printing factory from Fast Radius, a provider of on-demand part manufacturing and an additive manufacturing company.
UPS also said it will partner up with technology powerhouse SAP to foster an end-to-end industrial offering that will mesh SAP’s supply chain offerings with Big Brown’s on-demand manufacturing services and global logistics network in an effort to simplify the industrial manufacturing process from digitization, certification, order-to-manufacturing and delivery.
“UPS is a leader in bringing industrial-strength 3D printing to reality. By building this disruptive technology into our supply chain models, we also bring new value to our manufacturing customers of all sizes,” said Stan Deans, president, UPS Global Distribution & Logistics, in a statement. “Additive manufacturing technology is still developing rapidly so ‘manufacturing as a service’ is a smart approach for many companies.”
UPS has been expanding on-demand manufacturing capabilities for the last two years beginning with more than 60 of the UPS Store’s having 3D printing capabilities for small businesses, designers and entrepreneurs.
In 2015, UPS invested in Fast Radius (formerly CloudDDM), with Atlanta-based Fast Radius putting its production plant in the heart of UPS’s Louisville supply chain campus, just minutes from the UPS global air hub, WorldPort, according to a UPS spokesman. The value of the end-of-runway locations means orders can be manufactured up to the 1 a.m. pickup time and still be delivered anywhere in the U.S. the next morning, he explained.
UPS said that 3D printing services have been offered in The UPS Store locations going back to July 2013, when it launched a pilot program at six store locations and became the first retailer to make 3D printing service available in-store. And based on the success of The UPS Store 3D Print Pilot program, 3D printing services expanded to multiple locations in September 2014 (3D printing is now available at 62 The UPS Store locations nationally).
In terms of customer benefits, UPS said this effort will benefit customers of all types and sizes, including: manufacturers wanting to reduce inventory for slow-moving parts; manufacturers with short production runs where the cost to create the mold or tooling could make these orders too expensive for traditional manufacturing; manufacturers and retailers of custom/semi-custom goods as additive manufacturing allows cost-effective customization of goods; industrial designers and engineers who want high quality rapid prototypes delivered as fast as one day; and entrepreneurs, start-ups and manufacturers who don’t currently have access to 3D printers or have limited capital and time and will use 3D printing for rapid prototyping and manufacturing of initial production runs.
As for the collaboration with SAP, the spokesman said that the agreement between UPS and SAP “marks the next stage in our on-demand manufacturing journey by connecting the critical front-end procurement process to our on-demand manufacturing expertise and delivery network,” adding that UPS and SAP began discussions in summer of 2015.
“Between now and the first quarter of 2017, UPS and SAP will be working with co-innovation partners Jabil Circuits and Moog to develop the solution,” the UPS spokesman said. “When it’s completed, Jabil and Moog would determine through their SAP software what the optimal solution is for parts inventory. It will be as simple as a push of the button for the decision. Before then, we’ll be working to digitizing inventory, test and certify product quality from 3D printing – all the things that have to be done before going full scale.”
And he explained that the planned integrated solution is made up a three key services, including:
-Order-Digitize and simplify the production part approval process through SAP. By accelerating and standardizing the process both companies believe a significantly greater number of 3D print-ready production parts will be approved and certified and can be ordered through UPS On-Demand Manufacturing with full integration into SAP’s Manufacturing and Procurement processes;
-Choose-Automatically quantify the financial viability of 3D printing vs. traditional procurement or manufacturing options on a host of real-time manufacturing and batch specific parameters (e.g. tax calculations, shipping costs, etc.) enabling real-time decisions on the optimal supply chain path for every parts order; and
-Make and Deliver-Seamlessly route the order to UPS for production and delivery. UPS end-of-runway manufacturing can get most orders sent by 7 pm manufactured and delivered anywhere in the U.S. by the next morning. Companies will be able to track their order right from their SAP system
http://www.logisticsmgmt.com/article/ups_rolls_out_plan_for_full_scale_on_demand_3d_printing_manufacturing_netwo
Kanya,
I'm still here and still confident that SGLB is the right long term investment for me. Good Luck.
Our time is coming. Growth is on the way. I firmly believe that SGLB will be a part of this growth.
Thanks for the latest update!
Navy To Test 3D-Printed Part; Pentagon To Outspend Apple, Google On R&D
The Navy will test a 3D-printed part on a Boeing V22 Osprey in June. (Boeing)
NATIONAL HARBOR, Md. — The Navy will test a flight-critical part made with a 3D printer in June, and the Pentagon plans to spend more on R&D than Google parent Alphabet (GOOGL), Apple (AAPL) and Intel (INTC) combined.
The Naval Air Systems Command (NavAir) will test a 3D-printed engine nacelle and link attachment on a Boeing (BA) V-22 Osprey next month. The part, built with titanium powder, marks the first time NavAir has used a flight-critical 3D-printed part in flight.
NavAir wanted a flight critical part developed and 3D-printed in three years, but it only took roughly half that time, according to Elizabeth McMichael, an additive manufacturing product team leader for NavAir, at the Navy’s Sea-Air-Space Exposition on Tuesday.
NavAir doesn’t plan to start making parts but to instead develop standards for industry partners to follow. The group plans to start working with stainless steel parts later this month.
While the Navy is ahead of its schedule, 3D printing in the aerospace sector isn’t new. General Electric (GE) says its aviation unit plans to print 100,000 parts by 2020.
Boeing shares fell 1.2% in the stock market today. GE shares dipped 0.8%.
The Navy has been using 3D printing and additive manufacturing for over 20 years, but certification is one of the biggest technical issues, according to McMichael.
The engine nacelle and link attachment can be printed in three days, but it takes months to certify the part.
“That’s not right,” McMichael said. “If I were queen for a day, I would make the certification process weeks or days.”
The Navy has been experimenting with additive manufacturing for 20 years. A Stratasys (SSYS) 3D printer is onboard one of its ships. But all of the efforts at sea deal with the more mature polymer process. Metal work is newer and requires more technical training.
Stratasys shares climbed 1.9%.
Defense R&D Spending
Defense Secretary Ash Carter has been putting an emphasis on research and development and working with industry partners.
Carter said Tuesday that the Defense Department plans to spend $72 billion in R&D in fiscal year 2017, up from $66 billion in fiscal 2014. That’s more than double what Apple, Intel and Google parent Alphabet spent on R&D last year combined.
Apple stock fell 0.4%. Alphabet slid 1.4% and Intel 1.3% each.
Regarding the 2017 budget, Carter said the Defense Department was investing in ways to make weapons more lethal and make ships harder to find and attack.
“But to maintain that lethality and capability, it’s a competitive world, we need to continue to invest in innovation and think outside our five-sided box.”
Carter has sent up technology initiatives in Silicon Valley, and earlier this month he announced a project with the Massachusetts Institute of Technology in Boston.
http://www.investors.com/news/navy-to-test-3d-printed-part-dod-to-spend-more-on-rd-than-apple-google/
Thanks much for taking the time to check out Rapid and share your experience with the board. I'm believing that Arcam maybe interested in us too. From the Q4 transcript
May help some understand the long timeframes with evaluations as that certification for the 3D printed rockets that Aerojet will use PrintRite3D for: Delvery is not until 2019. Should Blue Origin decide to order PrintRite3D then it would speak volumes to me. Good Luck
It provides slight insight into issues with configuring these machines. They are using this for their gas turbine which is awesome! GE is using technology from their GE store to spread across their production lines. It's nice to see it taking place. It's great to see a plan coming together.
Auto industry studies if 3-D printers can meet production demands
From the Q4 Transcript
3D Standards are slowly coming to fruition. These standards and guidance is needed especially to address critical metallic AM applications. This is where PrintRite3D will fit after the standards and guidance is set and mass production of critical metallic parts fully begins.
True, production is happening but not mass production where PrintRite3D will fit. Remember that GE Aviation built the first factory for AM mass production. GE is the world leader and others are following. GE is in low-rate production at the moment. There is a difference.
I'm long and SGLB is right where they need to be in the AM development lifecyle. R&D is still very heavy industry wide. SGLB is being evaluated and used for AM R&D by companies who are on the leading edge of AM production. AM mass production has not begun yet. It's very important as an investor to understand where the AM industry is and where PrintRite3D fits in the AM industry. The big contracts will come when and only when industry AM leaders are ready to move to full scale production in metal applications that require certification and validation. I wish you the best. I'm very comfortable with my investment here. I feel that Sigma Labs is not in a put up or shut up situation. We are right where we need to be. Just look at where the AM industry is right now. See links below.
Reread my past posts for the DD if you like. There was no such product commercially available. Sigma labs had the closest thing to IPQA and there product was chosen to be further developed via America Makes. I'm not making assumptions anyone can verify it for themselves. It's nice to see competition starting to be developed as it proves that what SGLB has already developed is definitely need. Again this need for in process quality assurance is stated constantly in AM news articles and presentations.
Thanks for bringing this up.
The percentage is shares shorted for that day. Yes, MM's short for liquidity (when folks are not selling shares) and traders who anticipate the pps going down but either way the borrowed shares must be covered within several days. You have a short squeeze when shorts are buying to cover their position. Here's a link to a quick video about it.
Shorts starting to panic hoping for a pullback. We'll see if they get one before news.
Historical Short Volume Data for SGLB
Date Close High Low Volume Short Volume % of Vol Shorted
May 05 4.65 4.75 4.635 4,042 2,289 56.63%
May 04 4.70 4.75 4.25 18,321 5,002 27.30%
May 03 4.24 4.24 3.99 2,428 1,260 51.89%
May 02 3.99 4.50 3.40 30,701 19,252 62.71%
Apr 29 3.30 3.30 3.00 10,350 5,648 54.57%
Apr 28 2.97 3.05 2.85 22,543 8,081 35.85%
Apr 27 2.90 3.08 2.80 27,680 10,134 36.61%
Apr 26 3.05 3.35 3.00 15,621 2,182 13.97%
Apr 25 3.39 3.65 3.00 10,985 8,016 72.97%
Apr 22 3.65 3.65 3.46 17,124 9,473 55.32%
Apr 21 3.50 3.70 3.40 38,760 6,580 16.98%
BuckeyeStocks, Thanks for posting. This is part of that DARPA phase 2 that SGLB is working with Honeywell. IPQA is being built right into that ICME framework. I posted about it a couple times before. Companies like Alcoa, GE, and Ford are using ICME principles. Very exciting times ahead for SGLB as this ICME framework I'm anticipating being used as a blueprint for AM in the military and commercially which aligns SGLB for great long term growth. I asked Mark about it at the last call. Here are the questions and Mark's response.
It's nice to be invested in SGLB at this time and place in the additive manufacturing lifecycle. SGLB is positioned perfectly to capitalize on the AM market for years to come.
http://www.industrial-lasers.com/articles/2016/05/additive-manufacturing-solutions-developer-eos-opens-new-facility-in-texas.html
Additive manufacturing solutions developer EOS opens new facility in Texas
05/04/2016
By Industrial Laser Solutions Editors
EOS (Krailling, Germany), a global additive manufacturing (AM) solutions developer, held a ribbon-cutting ceremony on May 4, 2016, to mark the grand opening of their newest US facility in Pflugerville, TX. The event precedes the celebration of the company's 27th anniversary this summer.
This location will provide increased service and support for the company's growing North America market, which topped $100 million in fiscal year 2015. Among the site's special offerings are an innovations laboratory, where the company's application engineers interact directly with customers, a working showroom containing the full range of the company's AM systems, and an AM Ventures division to help bring startup ideas to reality.
The company has experienced substantial global growth in recent years, particularly within the US. "Additive manufacturing is rapidly becoming a more widely accepted solution to complex manufacturing requirements across a broad spectrum of industries," says Dr. Hans J. Langer, EOS founder and CEO. "We've recently sold our 2100th system worldwide. With almost three decades of dedication to AM technology development, our company is committed to upholding the highest quality standards in our field."
The company has over 100 employees in North America, with 30 field service engineers—and has had a US presence since 2001. Pflugerville is opening with approximately 30 employees, a number that is expected to double within the next two years. EOS Materials, also known as Advanced Laser Materials (ALM), dedicated to the production and blending of polymer powder for both EOS systems and other powder-based AM technologies, will remain in Temple, TX.
The Novi, MI site will also remain as an important regional technical center for EOS of North America, Inc. Future plans to further expand within the US include the Boston, MA and Northern California regions.
Yes indeed Kanya. That was one of my questions. Exciting times ahead!!
You sold half of the one share you had? LOL! ok Good Luck
Awesome! Thanks Jpi. PrintRite3D is being integrated into that AM aerospace supply chain. That Safran connection is looking good! It's pretty obvious for us Longs!
I agree. We have much stronger hands holding now. The Longs know what we hold and we are not selling anytime soon. Additional contracts are coming and then uplist. Good Luck Longs.
That shareholders presentation revealed that pipeline that Mark was talking about and some folks are finally starting to believe. The shorts are about to be in full panic mode. Good Luck Longs! Looking like an uptrend may have started.
http://otcshortreport.com/index.php?index=SGLB&action=view
Date Close High Low Volume Short Volume % of Vol Shorted
May 02 NA NA NA 30,701 19,252 62.71%
Apr 29 3.30 3.30 3.00 10,350 5,648 54.57%
Apr 28 2.97 3.05 2.85 22,543 8,081 35.85%
Apr 27 2.90 3.08 2.80 27,680 10,134 36.61%
Apr 26 3.05 3.35 3.00 15,621 2,182 13.97%
Apr 25 3.39 3.65 3.00 10,985 8,016 72.97%
Apr 22 3.65 3.65 3.46 17,124 9,473 55.32%
Apr 21 3.50 3.70 3.40 38,760 6,580 16.98%
Absolutely Mr pipes. Printrite3D is not needed for FAA certification. PrintRite3D is needed for saving time and costs when GE or any other company starts mass producing AM parts. It's the cost savings of not having to go through destructive testing to validate that AM parts are being made to the design intent. The AM industry is ramping up to AM mass production now and that's where PrintRite3D will fit.
General Electric (GE) received Federal Aviation Administration (FAA) certification for fuel nozzle implementation in the GE LEAP engine, and GE Aviation will produce more than 100,000 3D-printed parts via laser-based powder bed AM by 2020 [9-11]. AM replaced complex brazing of multiple components to create a lighter, simpler, and more durable product.
GE [12] demonstrated the successful certification of GE9X T25 Sensor and the LEAP Fuel Nozzle without the need for new qualification standards.
Picture
GE LEAP fuel injector [10,11]
Direct laser deposition
?For components or repairs produced by direct deposition of Ti6Al4V, AMS standard 4999 A78 [13,14] prescribes feedstock and production conditions. Minimum tensile and fracture toughness properties are also defined. So are standardized testing procedures for each production run as well as re-test and rejection criteria.
The standard also suggests a three-stage qualification route:
source qualification;
approval of deposition or deposition/geometry parameters, with mechanical test samples produced to cover the processing space and geometrical parameters;
production qualification by destructive testing.
?Upon qualification, each of the production parameters is fixed, with any deviations requiring additional testing.
This procedure is best suited for serial production of numerous identical parts. For the production of customized, repair, and low-volume components, where AM techniques are often most desirable, a qualify-as-you-build scheme [15] that encompass pre-process, in-process, and post-process data should be used to validate part quality.
http://www.insidemetaladditivemanufacturing.com/blog/qualification-and-certification-routes-for-additive-manufacturing-of-mass-produced-metal-components
Yes, indeed!
I agree and continue to believe that Sigma Labs is being managed very well. It's a very impressive list of companies that have signed NDA's and requested quotes. I was personally shocked that Mark shared that information with us. The dot connecting for the past nearly three years has been confirmed. It does not take much but a little time to research and see who there prospective customers are and what they are doing in the AM space.
Nearly every prospective company is doing business on a global scale. These are not some mom and pop local shops that SGLB is dealing with. SGLB is filling that AM need as the industry turns from prototyping to mass production of AM parts. Folks really need to do some DD to see where PrintRite3D fits in the AM space and where the AM industry currently is in it's lifecycle to appreciate what Sigma Labs is doing right now.
Mark Cola's business sense is incredible. He has foreseen the need and developed a IPQA product that meets the needs of industry. His IPQA concept was needed so badly that he was able to work with GE and Honeywell and Materialise to further mature the IPQA technology and he still keeps the patents and exclusive right to sale PrintRite3D after GE and Honeywell invested time and resources to develop Inspect and Contour.
I could go on about the brilliant moves that are being made. He is continuing to have the foresight to build product to address AM needs. I see it time and again in articles and white papers and Mark's direction has been spot on. Mark is growing a business that will be a success and exist until a major player decides to buy SGLB out.
The pps trend will reverse upward as the orders start to come in and then uplist! I will be so glad to uplist to the major markets where the major investment firms who understand AM can invest in SGLB. I feel fortunate to have found a diamond in the rough well before most knew that it existed. I strongly believe that the investors here on this board will be handsomely rewarded in the next several years as the evaluation and research stage will be done and AM is in full scale production mode. Know what you hold!
Good Luck Longs!