Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
This is big news too. Need to sticky this too.
For $149 plus $5 shipping. That's $100 cheaper than Berman is selling them for.
You can tell it's hurricane season in ONCI land, the trees are being shaken pretty hard here. Feels like a CAT 4.
Another gap up! Go ONCI!
Really? That costs some big $'s: https://claytrader.com/videos/1-penny-stock-short-scam/
Thanks for the heads-up on this one. FUSZ looks very promising. Just started my DD, but already looking to start a small position while I dig a little deeper.
That is BIGGER news! Go ONCI! Trying to double my holdings & thinking that it will not come down much from here. Hoping for a slight dip on Tuesday.
Did On4 buy the software rights for only the FMS Drive Safe app or did they purchase the software development capability from FMS? If not, then how does: "This acquisition allows us to reduce costs dramatically and develop our apps more profitably."
That's a $78K vote of confidence!
Can a moderator add this to the overview or sticky it? A big thanks! Go ONCI!
Thanks for all for DD (a.k.a., Deep Digging) that is far more than most will do for Due Diligence.
With a follow-up press release tomorrow.
I asked since I could not access my SGLB position within my Schwab account this morning. I am able to access it now, but not sure why I couldn't this morning. I could find no explanation.
Are we being delisted today?
For what it's worth, the On4 Communications website URL (http://www.on4inc.com) link on the Twitter account is no longer operational! Hopefully, we hear the new name, website & redomicile soonest!
I think we will be hearing about much more revenues soon!
I did not think it was a good earnings call, but am hopeful that the company is trying to turn things around. I was disappointed that they didn't talk about the NASDAQ deficient listing status, even though they talked about the uplifting to NASDAQ.
I'm in for 105k shares & hoping for a great conference call!
RXMD - I'm in for 105k shares & hoping for a great conference call!
I think that this should be stickied or added to the overview sticky.
They stop on Aug 4th & only because the moderators have not had an opportunity to update the stickies post for this week's press releases.
We should see more buying once OTC Markets pick up the press release.
I suspect we'll see an announcement regarding the website launch near the market close, just like the Ford news on Friday! Go ONCI!
We're getting more press & visibility! Berman's article was picked up & reposted today by otcmarkets: http://www.otcmarkets.net/news-press-releases/onci-launches-deal-with-large-extended-warranty-company-in-argentina/
Thanks for representing us Longs on the board. I am down a little over 80% after my small investment being in the green, so appreciate your effort.
I agree as I am a disappointed long-term shareholder, feeling that I pay his paycheck with no returns.
Sigma must anticipate a big payout at some point.
If so, it shows desperation.
And it's the biggest trade of the day!
Look's like SGLB is going to open lower today. Good chance to add here.
Concur & am on the call.
https://3dprint.com/174377/aerojet-ar1-engine-design-review/
Aerojet Rocketdyne Completes Critical Design Review for AR1 Engine with 3D Printed Rocket Engine Injectors
Sarah Saunders
In early 2016, rocket and missile propulsion manufacturer Aerojet Rocketdyne was the recipient of a $6 million contract from the US Air Force to define 3D printed rocket engine component standards. The standards will be used to qualify the 3D printed components used in liquid-fueled rocket engine applications, in order to follow through with a mandate set down by US Congress: that the Department of Defense will stop using Russian-made RD-180 engines to launch US satellites and national security payloads into space and begin using domestically produced options instead. Shortly after, Aerojet signed its own contract with Sigma Labs, to non-exclusively license its PrintRite 3D software system to evaluate and redefine the 3D printed components used in Air Force manufacturing.
The Aerojet Rocketdyne AR1 Booster Engine can be configured as a single engine or a twin booster.
Aerojet, a renowned aerospace and defense leader, was certainly the right company for the Air Force contract, having successfully completed hot-fire testing of the 3D printed rocket engine injectors for its liquid-fueled AR1 booster rocket engine in 2015; selective laser melting was used to manufacture the components. We’ve learned that Aerojet has also successfully completed its Critical Design Review (CDR) for the 500,000 foot-pound thrust-class AR1 engine. This achievement will keep the AR1 on track for flight certification in 2019, as a replacement for the Russian RD-180 engine. 22 incremental CDRs came before the recent system-level CDR, along with full-scale testing of critical subsystem components, like the staged combustion system.
Aerojet Rocketdyne CEO and President Eileen Drake explained, “This important milestone keeps AR1 squarely on track for flight readiness in 2019. AR1 ends foreign dependence, fits on existing launch vehicles with the least amount of changes to the system or on new launch vehicles in development, and is compatible with current ground and launch infrastructure.”
An Atlas V rocket readied for launch.
The AR1 was was designed to integrate with the Atlas V launch vehicle, and is the lowest-risk and quickest path to getting rid of US dependence on foreign suppliers, like Russia’s RD-180. It is also the choice with the lowest cost to American taxpayers, and the AR1 could be a versatile propulsion system for multiple current and future launch vehicle applications.
“Using our proven development methodology that has been honed during decades of designing booster engines such as the RS-68 and RS-25, Aerojet Rocketdyne will have an engine certified and ready for production in 2019. Aerojet Rocketdyne understands the exacting engine development and launch vehicle integration processes required for National Security Space missions. We have the resources and capabilities in-place to support national security launches using the AR1 as the booster engine starting in 2020,” said Julie Van Kleeck, vice president of Advanced Space and Launch Programs and Safety.
AR1 engine on track for certification in 2019
The comprehensive CDR was attended by industry and government experts, who are independent of the program. They looked at and assessed the program’s readiness, and affirmed that Aerojet’s technical efforts are on the right track to certification in 2019. The CDR validated the AR1 production processes which will be used to produce the flight engines; it also focused on the design of the AR1, in order to be certain that it meets the exacting performance requirements of a booster engine before full manufacturing processes get underway.
Drake said, “Completing the CDR is a significant milestone for the AR1 program. It means that we have finalized our design and confirmed that it meets the diverse set of operational requirements necessary for national security missions. Leading up to CDR, we manufactured major components at subscale and full-scale dimensions and completed hundreds of tests to confirm that we are ready to build our first engine for qualification and certification.”
Following the completion of the CDR, verifications have been established, and over 200 engine system-level design requirements have been set up.
[Source: Aerojet Rocketdyne] Stay up-to-date on all the latest news from the 3D printing industry and receive information and offers from third party vendors.
Aerojet Rocketdyne successfully tests 3D printed AR1 engine in bid to replace current RD-180
Aerojet Rocketdyne has reported two significant milestones have been reached in the development of the 3D printed AR1 rocket engine. Following successful hot fire tests, the engine also completed its Critical Design Review (CDR).
As a result, the AR1 engine is on track for certification in 2019 in its bid to replace the Russian made RD-180 rocket engine. The RD-180 is currently used to launch most U.S payloads into space. However, Aerojet has significant competition in the form of aerospace manufacturer Blue Origin and its BE-4 engine.
According to Californian company, Aerojet Rocketdyne, “AR1 is the lowest-risk, lowest-cost-to-the-taxpayer and fastest path to eliminating U.S. dependence on foreign suppliers.”
The AR1 engine design. Image via Aerojet Rocketdyne.
The AR1 engine design. Image via Aerojet Rocketdyne.
3D printed component
The AR1’s preburner which drives the engine’s turbomachinary was built using 3D printing and features Aerojet Rocketdyne’s “proprietary Mondaloy™ high-strength, burn resistant nickel-based super alloy.”
Aerojet Rocketdyne is certainly familiar with additive manufacturing as the space company recently 3D printed a copper thrust chamber for its RL-10 rocket engine. The thrust chamber also reached an important milestone of its own by passing hot-fire testing.
On the other side of the scale, an MIT Rocket Team managed to fire a 3D printed plastic rocket created on an FDM printer.
The RL10 rocket engine tested with 3D printed copper thrust chamber. Image via Aerojet Rocketdyne.
The RL10 rocket engine tested with 3D printed copper thrust chamber. Image via Aerojet Rocketdyne.
Fulfilling the congressional mandate
This latest development milestone demonstrates another step closer to “fulfill the congressional mandate to end U.S. dependence on Russian engine technology for military launches.”
Julie Van Kleeck, vice president of Advanced Space and Launch Programs and Strategy at Aerojet Rocketdyne explains how 3D printing has enabled the company to reach these milestones. As she says,
Mondaloy 200™ alloy is the perfect material to use in the AR1, particularly when combined with 3-D printing, because it eliminates the need for exotic metal coatings currently used in the Russian-made RD-180 engine that the AR1 is designed to replace.
Aerojet Rocketdyne CEO and President Eileen Drake is confident the company will reach its congressional target, “this important milestone keeps AR1 squarely on track for flight readiness in 2019.”
AR1's competition, the BE-4 rocket engine developed by Blue Origin. Photo via Jeff Bezos/Blue Origin.
AR1’s competition, the BE-4 rocket engine developed by Blue Origin. Photo via Jeff Bezos/Blue Origin.
Critical Design Review (CDR)
To complete the Critical Design Review Aerojet Rocketdyne had to validate its production processes, including the use of 3D printing. With the technology often cited as difficult to certify in comparison to conventional manufacturing techniques, if not purely for the fact it is more contemporary, passing this milestone was a significant feat.
In order to pass the review, Aerojet Rocketdyne may have benefited from its recently announced partnership with Sigma Labs. Sigma Labs is the creator of PrintRite software which can certify additive manufactured parts thereby making validation easier. By passing this latest CDR, the engine design team has now completed 22 component reviews leading up to the final engine qualification aimed for 2019.
CEO Eileen Drake explains that this milestone means the engine design is now finalized and confirmed before stating the company is “ready to build our first engine for qualification and certification.”
With the 3D Printing Industry Awards taking place this month in London, make sure to place your votes to decide the winners.
For the latest aerospace 3D printing news, subscribe to our newsletter and follow us on twitter.
Featured image shows testing of the AR1 preburner at NASA’s Stennis Space Center. Photo via Aerojet Rocketdyne.
Comments
What a roller coaster this stock has been lately, on low volume.
Highlights for First Quarter 2017 and Subsequent Events
? Signed Amazon agreement for multi-site GenKey deployments and technology collaboration; representing approximately $70.0 million in 2017 revenue
? Shipped first commercial ProGen engines for integration into electric vehicle range extenders associated with FedEx program
? Introduced next-generation versions of two Class 2 GenDrive units that will further reduce costs and improve performance and reliability;
- Total GAAP revenues of $15.2 million;
- Completed $65.0 million in new contract bookings;
- GAAP earnings per share loss of $0.13 on a diluted basis;
- Deployed two PPA sites, in line with expectations;
- Confirmed full-year 2017 guidance, including GAAP revenue of $130.0 million,
GAAP gross margins within the range of 8% - 12% and total cash used of $25 - $35 million;
Plug Power Announces 2017 First Quarter Results
May. 9, 2017 7:00 AM
GlobeNewswire
LATHAM, N.Y., May 09, 2017 (GLOBE NEWSWIRE) -- Plug Power Inc. (PLUG), a leader in providing energy solutions that change the way the world moves, announced today its 2017 first quarter results. In order to more completely convey its quarterly updates, accomplishments, opportunities and challenges with shareholders, Plug Power will use a new “Shareholder Letter” format, which can be accessed directly on its website at http://b2icontent.irpass.cc/604/170671.pdf.
In conjunction with the press release, the Company will host a live conference call and webcast.
Date: May 9, 2017
Time: 10:00 am ET
Toll-free: 877-407-5795
Webcast: https://event.webcasts.com/starthere.jsp?ei=1145550
Both the Shareholder Letter and webcast can be accessed at www.plugpower.com, on the company’s home and investor relations pages. A playback of the call will be available online for a period following the event.
About Plug Power Inc.
The architect of modern hydrogen and fuel cell technology, Plug Power is the innovator that has taken hydrogen and fuel cell technology from concept to commercialization. Plug Power has revolutionized the material handling industry with its full-service GenKey solution, which is designed to increase productivity, lower operating costs and reduce carbon footprints in a reliable, cost-effective way. The Company’s GenKey solution couples together all the necessary elements to power, fuel and serve a customer. With proven hydrogen and fuel cell products, Plug Power replaces lead acid batteries to power electric industrial vehicles, such as the lift trucks customers use in their distribution centers.
Extending its reach into the on-road electric vehicle market, Plug Power’s ProGen platform of modular fuel cell engines empowers OEMs and system integrators to rapidly adopt hydrogen fuel cell technology. ProGen engines are proven today, with thousands in service, supporting some of the most rugged operations in the world. Plug Power is the partner that customers trust to take their businesses into the future. www.plugpower.com.
Plug Power Media Contact
Teal Vivacqua
media@plugpower.com
Plug Power Investor Relations Contact
John Cococcia
investors@plugpower.com
https://resource.globenewswire.com/Resource/Download/b9fed838-ad96-4db1-bb26-ebb4661e2dac?size=1
Source: Plug Power, Inc. 2017 GlobeNewswire, Inc.
This email was from sales@sigmalabsinc.com.
The March presentation is not on that Irweb home page for Sigma Labs, but still available via direct link from Jackle's post pinned on top of the board.