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I agree with you. This presentation has confirmed my past ~3 years of DD on Sigma Labs and the AM space. As contracts come in from these companies the pps will get to where it needs to be for uplist and stay there. The uplist will be very fruitful when institutional investors get a look at these connections. Investors who understand the metal AM space will drive the pps north because they will understand where SGLB fits and the incredible potential. I continue to feel very confident in my investment. My only regret is not anticipating pps getting down to the high 2's. I could've had nearly 3.5 times the shares I have now. I'm looking forward to 2016, 2017, 2018 and beyond!! Good Luck Longs!
Alan,
Thanks much for attending the shareholder meeting and your repost. I appreciate your effort and wish you the best.
LOL!!
You said
I agree. The pps drop over the past 2.5 years is no fun; however, the company has grown over the past 2.5 years.
GE our partner is not in mass AM production yet. They are in low rate production. All who have done DD know that PrintRite3D fits in cost saving for AM mass production. Their customers Boeing and Airbus are ramping up production this year and both companies have experienced delays in production for their 787 MAX and A320neo that will use the LEAP engines. I'm not worried about where SGLB is heading. The money is coming. This AM quality assurance is in it's infancy and SGLB is the only independent and printer agnostic in-line process company around.
Good Luck Longs.
DWOL, Keep on dot connecting. Dot + Dot + Dot = Success! SGLB is continuing to make great progress.
My first purchase was in the summer of 2013. I bought into SGLB when someone mentioned SGLB on a message board. I checked them out and realized that they had this quality assurance process approved by Boeing. I read a little more and saw the Joint Technology Development Agreement with GE Aviation. I brought 100K right away. I was impressed that a tiny company with 4 employees possessed this technology that companies of Boeing and GE caliber would want to work with. I did not understand much about the technology but I knew that if GE Aviation wanted to do a JTDA with SGLB then obviously Mark Cola had a great and iuseful technology. This technology that GE expected to save 25 percent in production cost with. I understood that this was not your typical "sticky pinky" company where CEO's pretend to have product or services or have a great idea which is all fluff that no one can actually use. I realized then that this maybe that diamond in the rough that I was looking for.
I continued to do my due diligence and realized that they had won this DARPA Phase 1 award with Honeywell to work on development of the ICME framework. I thought whoa Honeywell is working with these guys. I promptly purchased more shares. I continued to hold into as the year changed and the SGLB raised money with those additional 100million outstanding shares. The pps went down some and I purchased some more shares. My due diligience continued and I began to understand the demand for additive manufacturing was increasing and many surveys were showing that companies were planning to invest or continue to invest in AM.
The point is that the more DD and the longer the SGLB story progressed the better the Sigma Labs has looked. The DARPA Phase 2 win with Honeywell and working with America Makes was further confirmation of SGLB's PrintRite3D product. I began to understand that GE Aviation is and will be the first company in the world to mass produce AM parts starting with the fuel nozzle. I also began to understand that PrintRite3D was designed to be that thrid party validator for rapid qualification of parts. I understood that PrintRite3D would only take off when companies were ready to mass produce AM parts.
Here's what I like about where SGLB is:
1) The time of mass producing of AM parts is a lot closer now that it was three years ago. We see Airbus and Boeing are starting to transition thier assemlby lines and personnel to produce thier Airbus neo 380 and 737 MAX planes; thus, Safran will be ramping up accordingly to getthose LEAP engines produced. I anticipated 2017 will be the year for SGLB production run contracts with GE.
2) SGLB's investor Rockville asked SGLB to work to uplist in 24 months back in 2014 from my memory. This year Mark Cola has stated that the purpose of the R/S was to get them in the positon to Uplist to a Major Market. Let's no forget the Gilbert Good of Western International and Holden Lewis of Oppenheimer both called into quarter conference calls last year. Here's what Gilbert Good said:
The $400 Billion Industry That Could Make 3-D Printing Explode
Major commercial airline manufacturers are turning to additive manufacturing to build their parts--and the consequences could be huge.
3-D printing enthusiasts have said for years that the technology will do nothing short of revolutionize industries. Now--finally--3-D printers are starting to live up to the hype: Look no further than the runway at your nearest airport.
The $404 billion commercial aircraft manufacturing industry is starting to embrace 3-D printed airplane parts in a big way, according to the MIT Technology Review. Three-dimensional printing, also known as additive manufacturing, has been around since the 1980s, but only recently has the technology become sophisticated enough to make complex objects like airplane parts.
GE has a 3-D printed fuel nozzle that is almost ready to hit the market. This new nozzle is built as one single part, while the original version consisted of 18 individual pieces that had to be manufactured separately and welded together. A jet engine currently being developed by GE uses 19 of the nozzles, and the company plans to make 30,000 of them each year. The 3-D printed nozzle is also 25 percent lighter than its predecessor, which means lower fuel costs for airlines. All of this should eventually mean lower ticket prices for travelers.
Other aircraft manufacturers like Airbus also have 3-D plane parts almost ready for commercial use. And the trend is catching on throughout the larger manufacturing world: The Tech Review says that companies bought 808 printers for metal manufacturing in 2015, up from 353 in 2013. This is huge news for the 3-D printing industry--the printers can cost up to a million dollars each.
Other airplane parts currently being 3-D printed include several elements of turboprop engines and a piece of equipment that houses temperature sensors.
With this kind of technology, it's easy to imagine that an entire 3-D-printed plane could be available in the future. Planes that are lighter, cheaper, and prone to fewer mechanical flaws (since more parts would consist of fewer components) would be a win for everyone. The technology could also apply to the space industry, which is seeing costs drop as reusable space technology becomes more realistic. SpaceX says it has lowered the cost of space travel by 30 percent by introducing reusable rockets. Meanwhile, some companies have already found ways to 3-D print objects in outer space, which means cheaper, easier on-the-fly repairs. Additive manufacturing major parts could lower that cost even more, meaning more accessibility to space travel for non-scientists, millionaires, and maybe eventually the average person.
http://www.inc.com/kevin-j-ryan/the-400-billion-industry-that-could-make-the-3-d-printing-industry-explode.html
Don't know but would be nice if that Sierra World Review prediction came true. Remember the one from 2013. Sheer speculation but well...http://sierraworldequityreview.blogspot.com/2013/11/sigma-labs-sglb-to-open-at-estimated.html
Loving the France connection with Spartacus 3D and Airbus using PrintRite3D. The collaboration with Spartacus 3D is excellent only a 2 hour drive from the Auvergne region of France. I'm thinking new contracts in this year. Spartacus 3D can showcase PrintRite3D to some major players there.
April 13, 2016, © Leeham Co.: Alcoa, a major supplier to Airbus and Boeing, lowered its 2016 guidance on anticipated lower demand for aluminum on lower orders for legacy commercial airliners and a slower than expected transition to new airplanes.
In a first quarter earnings call Monday, Alcoa didn’t specify which of the Big Two OEMs it was thinking of, or whether these might have been Bomabrdier and Embraer, for which it also is a supplier. But Sam Pearlstein, the aerospace analyst for Wells Fargo, believes it is Airbus and the A320/A350 programs.
“Alcoa reduced 2016 aerospace global sales growth guidance to 6-8% from 8-9% with large commercial aircraft growth now expected to be about 9% (vs. 15% previous forecast) largely due to lower orders for legacy models and a ”more careful” ramp-up of new models (which we presume means A320NEO and A350),” Pearlstein wrote in a note published yesterday.
https://leehamnews.com/
True still very much in the R&D stage of quality assurance but Navy does know about us. It just maybe the section of DoD that you worked with that is unaware of SGLB's AM activity. DoD is notorious for not knowing what different departments are working on. DoD tracking of projects needs some work.
The Navy is very aware of DARPA's Open Manufacturing framework which Honeywell and SGLB are in Phase 2 and it's being utilized already.
In response to your comment and I quote
Excellent Jackle. I just read your post. I agree that it would be wonderful for SGLB and the Navy is very aware of SGLB.
Yes, I asked about those solicitations like DARPA and then he referred to the Quality Made.
Here's a quick blurp about Quality Made
Thanks much for your DD!
I'm always encouraged by the long term future for SGLB when I see studies like the following:
Wow! FNMA is smoking hot today! Boom!
These are results with the biggest names in the AM industry. Please show me some research which contradicts the following statements from Sigma Labs partners. Sigma Labs is already being accepted by the industry.
Yes indeed Jackle. This is where the ICME framework comes into play that I'm so bent on and why I've been very excited since we started the work with DARPA and Honeywell on being built into the verification phase of the ICME framework. Mark is setting up Sigma Labs to be successful for a long time. Many companies are adopting ICME as I've stated before. Good Times are in the future.
Alan,
I was not referring to you concerning a false statement. It was another poster. It was just an example.
Alanthill,
It is fine to express an opinion as you and I and others have. It is wrong however, to make false statements about SGLB. Statements like They have never had a contract outside of America Makes. I would hope that you and others recognize false statements and express how wrong they are.
Silver is confident in his investment as am I.
I know that you have your doubts and express them often. That's fine as that is your opinion and others who express doubts say things like management is bad and I've got MM connections to drive this to the 2's.
Silver and many of us are quite confident based on DD from legitimate sources not simply based on our own opinions. We base our opinions from sources like GE, Honeywell, NASA, NIST, Additive Industries, Wohlers, Lloyds Register, America Makes, Farina Group, Airbus, Boeing, Greg Morris, Christina Furstoss, Magnus René, and many other Additive Manufacturing experts. All who are predicting Huge increases in AM revenue in the coming years. I don't think it's wrong to predict the pps will go up based on relevant DD versus a single opinion that the pps will go down.
If it is wrong in your opinion that SGLB pps will increase and recommend buying then it would be wrong to predict that SGLB pps would go down and recommend dumping. IMO
Mohsin123, Thanks for the post. Further confirmation that we are in the right place with that Aeroject contract. Nice to see this.
Awesome Jackle. Thanks for this post!
Exactly HIIGUY! PrintRite3D is a cost saving solution for companies when they are ready to do AM mass production. GE Aviation as we all know is the first company to build a factory to do this. They were already developing business with GE Aviation and no one else was close to being ready for the PrintRite3D solution in 2014. Companies are finally getting around to realizing that AM can be mass produced.
There was no point utilizing funds on a business development guy in 2014. The funds were better spent on the engineers. Understanding where PrintRite3D fits is critical. I encourage investors to know what they hold and understand issues and challenges that exist in the AM industry. Investors who maintain situational awareness of the AM industry will be able to understand why certain decisions are made.
Thank you Truthandlove. This is great confirmation of Sigma Labs PrintRite3D product from Honeywell.
I agree HIIGUY. I have challenged the board a few times already and no alternative has been found. I guess it's time to do this again. Can anyone find Greg Morris contradicting this statement?
Silversmith. Yes, I agree. It is subject to interpretation. I'm viewing it that the first orders will come for a production run. GE is under pressure from Boeing to deliver those LEAP engines. We know this and BTW I'm giving the background for those who do not know. I know that you are well aware of this:
The CFM LEAP engine which GE Aviation is building the fuel nozzles for is being assembled for Airbus, Boeing and COMAC.
I agree Z. I think that some do not understand the very long test and evaluation cycles with new technology that requires this amount of precision. Any technology that could impact human life in an instant is subject too incredible scrutiny and subject to strict regulations and standards. I believe that the PrintRite3D development with GE and Honeywell is about to pay off by this time next year. Per my question of Mark at the CC.
Sorry about that double post. I just now saw your post. It's a great article. Thanks.
"3D printing isn't anything new at GE," says Prabhjot Singh, Manager of GE's Additive Manufacturing Lab in Schenectady, New York. "It's been around for decades and has been typically used to repair worn-out or broken down, high-value industrial parts such as compressor blades or gears using laser cladding technology."
"The idea is to service a multitude of businesses-from oil and gas, to aviation, transportation, and distributed power-all under the same roof."
AMIT KUMAR
This allows you to print on existing materials or parts with the same, or even a different material. But, in the last two years, GE has taken the technology from a repair aid to one that has already pushed the frontiers of engineering design. The undisputed poster child of its efforts in this department is the fuel nozzle.
The fuel nozzle may not have an impressive sounding name, but it plays a critical role in the inferno of an aircraft's engine in which it nestles while spraying jet fuel into it. So, it goes without saying that the nozzle has to be durable under both high pressure and intense heat (around 3,000 Fahrenheit).
"Before GE targeted it for a reconfiguration, the nozzle was made up of 20 disparate parts procured from independent suppliers that were then painstakingly brazed and welded together. 3D printing completely transformed that process," said Greg Morris, GE Aviation's general manager for additive technologies.
screen-shot-2016-03-21-at-3-51-22-pm.png
Download this story as a free PDF in magazine format.
Prior to working for GE, Morris ran his own outfit, Morris Technologies, a Cincinnati-based rapid prototyping company that had closely worked with GE for over a decade. Morris' firm had been busy experimenting with metal sintering as well as super alloys made up of amalgams of cobalt and chrome for several years. In 2011, the firm zeroed in on the fuel nozzle as the part most appropriate for a makeover. When GE acquired the company in 2012, the momentum to bring the fuel nozzle to life via 3D printing arrived.
The end result is an engineering marvel, one monolithic piece that has replicated the complex interior passageways and chambers of the old nozzle down to every twist and turn thanks to the miracle of direct metal laser melting where fine alloy powder is sprayed onto a platform in a printer and then heated by a laser, and repeated 3,000 times until the part is formed. What makes the new nozzle so special isn't just that it has converted a many-steps engineering and manufacturing process into just one. It is also a miracle of material science since it happens to be both 25% lighter in weight, as well as a staggering five times more durable than its older sibling, all of which translates to a savings of around US $3 million per aircraft, per year for any airline flying a plane equipped with GE's next generation LEAP engine, developed by CFM International, a joint venture between GE and France's Snecma (Safran).
"We simply could not do this level of production for such a complex part without [the] 3D additive process," Morris said.
Morris said that so far there have been orders for over 8,000 of these engines totaling $80 billion, each equipped with 19 3D printed fuel nozzles, scheduled to go into the Airbus A320neo, the Boeing 737 MAX, and the Boeing 777X. Here lies Morris' and GE's challenge: Try and print 100,000 fuel nozzles by 2020 and eventually ramp up capacity to 44,000 of them a year—a goal that looks unreachable based on current levels of 3D printing technology. This means that places like the Chakan plant will be pressed into service to handle global production shortfalls by simply printing out nozzles from India thanks to a CAD design of the part housed on their server.
http://www.techrepublic.com/article/how-ge-is-using-3d-printing-to-unleash-the-biggest-revolution-in-large-scale-manufacturing/
Short interest only 1 percent today and voila a green day. Shorts been playing SGLB. They will not get my shares.
http://otcshortreport.com/index.php?index=SGLBD&action=view
I agree. I'm positive that the MetalFab1 which went to Airbus had our Printrite3D suite included. The three beta MetalFab1's sold out. I looked at the other companies and they are not aerospace; thus, would not necessarily require the third party verification like Airbus.
SGLB is moving to uplist to a major market. This is excellent news for us Longs. The time that we have been waiting for is finally about to come to reality. SGLB will move out of pennyland and institutional investors who have been waiting and watching will finally be able to invest in SGLB. Smart money will flow to SGLB because smart money recognizes the long term potential of PrintRite3D.
PrintRite3D offers an independent validation of parts built to design. The independent validation is written into FAA guidance and the ICME framework. Mark confirmed what I personally have understood for some time.
Quote:
There is a lot of other programs that are on the horizon that all play to this ICME space because they recognize the value of it. So back to your initial question, does it represent revenue opportunity for us? Yes, on all of the fronts. From involvement with these federally funded programs and ultimately downstream as they begin to adopt this technology, our technology, be rolled into their methodology and approach.
In the DARPA contract with Honeywell our IPQA is being tested and built into the ICME framework
Quote:
In order to enable rapid qualification, Honeywell
is developing a holistic risk based probabilistic
framework that relies significantly on ICME
models to optimize process to design intent and
mitigate risk by incorporating process
monitoring and IPQA.
https://drc.libraries.uc.edu/bitstream/handle/2374.UC/745730/ISABE2015_CS%26A_Vinod%20Nangia_227_MANUSCRIPT_20139.pdf?sequence=2
Quote:
ICME is being used by ALCOA, Dr. Ball noted, to
optimize the forging process, to predict process-induced bulk residual stresses, and to
characterize intrinsic material properties
Quote:
In his closing summary, Dr. Ball said that the exposure of the airframe community to
ICME up to this point has been limited. Now, with the availability of sophisticated models to
simulate the forging and fabrication effects on materials state, and the increased use of ICME in
design of new materials, he anticipates that the airframe community will begin turning more
frequently to ICME-informed applications.
http://www.nap.edu/read/21821/chapter/6
Quote:
Ford Motor, for example, is using ICME to reduce the time and cost of developing aluminum castings for engines.
https://www.bcgperspectives.com/content/articles/lean_and_manufacturing_production_why_advanced_manufacturing_boost_productivity/
I encourage new and long time investors to maintain awareness of the situation surrounding the AM industry and our SGLB. Investors should read AM articles that show many companies investing and preparing to ramp up to AM mass production. GE Aviation is the first but sure will not be the last. AM is saving time and money and SGLB enables time and money to be saved on a mass scale.
Nice read for Longs. This paper covers in process monitoring. There's not much competition. It's funny how Concept Laser, EOS and Sigma Labs are mentioned and we know that PrintRite3D is installed on a Concept Laser and EOS machine. Opotomec is mentioned as well.
Check it out.
http://www.bostoncommons.net/in-process-monitoring-of-additive-manufacturing-systems/?doing_wp_cron=1458666416.8310430049896240234375