Evidence Based Investments
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USAF...." Sigma doesn't have contracts with the DoD"
Bwhahahahaa lol
How long have I been saying this is coming.
Do DD!
Glta
SGLB.
Hmmmmm I wonder where they got the In-process Monitoring data?...hmm... where could NIST, who's published multiple papers specifically about IPQA, could have possibly got the data....hmmm
**The data to be analyzed will come from NIST’s various round robin test studies as well as from its AM Benchmark Test Series**
The National Institute of Standards and Technology (NIST) announced that it has awarded a grant to Senvol for a project titled “Continuous Learning for Additive Manufacturing Processes Through Advanced Data Analytics.”
Senvol’s work will focus on demonstrating that data analytics can be applied to additive manufacturing (AM) data to establish Process-Structure-Property (PSP) relationships. Senvol ML, Senvol’s data-driven machine learning software for AM, will be used to conduct the analyses. The data to be analyzed will come from NIST’s various round robin test studies as well as from its AM Benchmark Test Series.
Senvol ML capabilities that will be utilized include model reliability, adaptive sampling, generative learning, hybrid modeling (the incorporation of a physics-based model into Senvol ML’s framework), and transfer learning. Additionally, Senvol will parameterize in-situ monitoring data, non-destructive testing (NDT) data, and microstructure data so that these types of data can be incorporated into NIST’s AM Material Database (AMMD). The project will culminate with an integration between Senvol ML and AMMD such that data stored within AMMD can be seamlessly analyzed by Senvol’s machine learning software.
Has no one read their business model?
Lol come on everyone...this has been what this value chain has been all about since inception.
Has no one seen the DoD reports?
Has no one seen Moog specifically talk about this exact scenario?
Just like Morf3D explained the same thing about the importance of IPQA.
USAF
AFRL
DoD
NAVSEA
Big Dollars, all need to verify in-situ additive manufacturing builds.
Glta
SGLB
Proof of concept there bud.
Had to get the file sent to the ship, print on site, verify the part was properly printed according to the parameters.
How they completed this is irrelevant... proof of concept... everything the DoD has been talking about is actually taking place, and this is the proof.
Metal will follow quickly.
The general idea and process that occurred is the main point.
Verified DoD part sent electronically to off-site location, printed on that site, verified, qualified, and installed to get a very valuable aircraft back in the air.
God bless America.
Glta
SGLB
https://3dprintingindustry.com/news/u-s-marines-3d-print-f-35-part-to-save-70000-138484/
NAVSEA
AFRL
USAF
DoD $$$
Glta
SGLB
Right, really bad software that the largest players in the additive manufacturing industry have been utilizing for the past 5 years
Very bad software that the largest entities of the dod involved with additive manufacturing have been studying for the past 5 years.
Very bad software that was the first to show proof of concept with closed loop quality assurance in additive Manufacturing.
Very bad software that has contracts with multiple OEMs, and multiple multi billion dollar companies.
Makes sense that all these engineer's and manufacturing Professionals in the highest functioning companies in the entire world accidentally signed contracts with Sigma labs and accidentally continue to use this terrible terrible software.
Who do you think has more experience and education?
the banker representative of Dawson James?
Or....the other?
Like the actual facts that we have enough cash to run until the second quarter of 2019... And that's with zero sales.
And all the multiple contracts that are specified by the name of the company and the scope of the contract in hand that is available in multiple SEC filings.
the software gets stronger the more data we collect. That is how it works.
we continuously are collecting data that makes our software better, because the more data the software has to use, the more efficient it becomes.
the software will never be fully developed because the more information that collects, the better it gets.
As of now it is capable of ensuring the quality of every part and a build.
In the near future, it will be able to detect a flaw before it occurs and fix it within the machine as it is printing.
That is the closed-loop development.
that is what is misunderstood about this technology. It's not that it doesn't work, it does work and it already works well. However the more and more it is used the better and better it will become.
Dawson James comes in to slam the haters with facts lmaooooo
this is hilarious.
the haters were brutal.
the facts remain.
not in fear of delisting
cash on hand til 2Q2019
multiple contracts on hand
Multiple OEMs in discussion.
Industry heading into production
Licensing of PR3D necessary for many potential end users.
lmao nice try.
so great.
GLTA
SGLB
Where did I say it partially works?
the scientific studies that have already been completed show that experiment after experiment, the same results can be obtained using our software.
That means the software works.
You might want to read over the last Air Force research laboratory study again....
Sigma Labs software is part of the process.
Yes, a DoD entity. Lol.
AFRL
DoE
DoD
USAF
All use SGLB
And are even willing to say how efficient it is, in their long term, scientific studies.
Glta.
SGLB
Just about every OEM has sensors in their build chamber now... However none of them can do what Sigma Labs does..
Our software is the IP.
Our software is highly advanced compared to the competition.
Real time analysis vs Cloud.
Closed Loop In-Process Quality Assurance.
First in the world.
First to market.
Glta
SGLB.
This is just one, and always has been one of the many major components of the software.
Anyone can put sensors in a machine. Not everyone can design the information they pick up to be so accurate depending on the parameters of what they are looking for.
Metallurgy.
It is very complex, especially at the laser level and powders AM is dealing with.
Sigma has an extensive background in this field.
And then, as you said, the data reduction. This is just as important and also written into the software. Few companies that can use sensors to detect the metallurgy, but none of them currently have the capabilities to then reduce the amount of data down to manageable levels for real time analysis.
Sigma Labs can do it within the few seconds latency it takes for the data to compute and transfer...approximately 8 seconds.
Our competitors send the data to "the cloud" and tell the end users it is their problem to decipher the data, well after the fact, as good as post process inspection...which in AM, isnt that great at all when compared to real time ipqa.
Sigma Labs just proved they can even use Closed Loop QA for the AM process.
This is advanced manufacturing.
This is Industry 4.0
This is Sigma Labs
GLTA
Many of you may have seen versions of my "MRO & Additive: Key Players, Trends, Current & Future State" presentation, as I've shared it proudly over the past 2 years (if you haven't, you will have an opportunity soon). Prior to joining Arcam (now GE Additive) in early 2016, I spent several years working in the MRO industry, with time on-site at Lufthansa Technik in Hamburg, Germany, and with Honeywell Aerospace in Phoenix, Arizona.
https://www.linkedin.com/pulse/additive-manufacturing-commercial-aircraft-repair-mro-wyrick-mendoza
I've already posted them a thousand times I'm not doing it again I've wasted enough time... Do your own DD for once
The internet
I would highly suggest that you look through the scientific studies that were completed by multiple entities, including even government agencies, that specifically say the data that directly correlates to Sigma labs software working efficiently and effectively.
You have to literally read the data you can't just read the words. Scientists don't say hey this works!.
They speak in data, if you read the data you will understand that the software works.
it is provided in the scientific studies that have been completed by not only Sigma Labs themselves but also third-party entities.
Do DD
Glta
SGLB
articles and scientific studies are two completely different things
The scientific studies Sigma lens software was used in show exactly the experiments that were conducted and show exactly that evidence and outcomes from those experiments
Good luck with your cheese cure.
Sheesh
Do DD
Glta
SGLB
Pick any one of the scientific documents that prove that it is, the engineers and scientists who have performed these studies are much more certified than you or I to decide if the software works or not.
There's at least five scientific studies I can think of, off the top of my head, that validate Sigma Labs software.
I've posted them all over the course of time.
Perhaps you should have saved the links, or do DD yourself.
Do DD
Glta
SGLB
I bet we will be when the department of energy is done with us, when DARPA is done with us, when the Air Force research laboratory is done with us.
Government contracts have to be fulfilled first and foremost, legally, in accordance with US law.
As a recent Air Force research laboratory document just stated we were working with them as late as October 2017, it is plausible Sigma Labs still has government contracts open.
If Sigma Labs doesn't have the assets or Personnel to pursue multiple contracts at once, we will be confined to working with one client at a time.
This may be the case, I do not know for sure since these contracts would be confidential information until they are posted by the government or the company in a sec filing...
But it is definitely known we have an ongoing relationship with DARPA, AFRL, potentially the USAF still ...
We shall see
Do we currently have an employee in Germany to work with potential customers?
Do we currently have contracts in place with multiple OEMs?
Is Trumpf a potential customer?
These are valid and plausible questions
Trumpf begins to form a software platform solution...first step, Industry 4.0 company.
https://www.trumpf.com/en_INT/company/press/global-press-releases/press-release-detail-page/release/trumpf-acquires-teufel-solutions-ag/
Dream3d And simpl run by the Department of Energy, DARPA
AFRL utilizing these Technologies, which happen to include sigma labs PR3D...
https://www.google.com/url?sa=t&source=web&rct=j&url=http://www.falltechnicalconference.org/wp-content/uploads/2017_Presentations/1B-Donegan_FTC17_Presentation.pdf&ved=2ahUKEwjW_7DVosXcAhUH_IMKHUdCCRAQFjAEegQIARAB&usg=AOvVaw074eNBJc9PaEk4aER-D1j6
hmm
Do DD.
Glta
SGLB
Ipqa is developed, the closed-loop version is in development...sheesh.
English 101 man
Wow that's a new one lol that really shows the level of Education we are talking about here.
So sad.
Abstracts are " real."
Lmaoooooo
An abstract summarizes, usually in one paragraph of 300 words or less, the major aspects of the entire paper in a prescribed sequence that includes: 1) the overall purpose of the study and the research problem(s) you investigated; 2) the basic design of the study; 3) major findings or trends found as a result of your analysis; and, 4) a brief summary of your interpretations and conclusions.
If you think scientific studies and third-party studies that prove the exact opposite, as a Layman, I don't know what to tell you
Mark Cola has very Advanced degrees from a very reputable Collegiate university.
He happened to work at arguably one of the most advanced metallurgical and engineering government facilities in the world.
He was able to identify the value of Technologies utilized in laboratory settings and bring them into the real world of production for additive Manufacturing.
he has been able to work to advance the software as well as having the task for many years to be the CEO, CTO, while doing so
He was able to make very valuable and ongoing relationships with some of the largest additive manufacturing players in the world.
It wasn't until recently when the company decided to relieve him of his CEO position so he could focus on his CTO position, where shortly after the company announced the advancement of their current products, as well as a closed-loop solution, which happens to be the first in the industry.
So if there's any evidence that says otherwise I would love to see it.
But until then, find a new hobby with actual facts to back up theories.
"Siemens is a manufacturer in Sweden making stuff and working with our equipment and they are also one of the great control companies in the world with a footprint in this space, as is materialize and we are very interested in both companies.
*Read slowly and use a dictionary if necessary.....
... Siemens is a manufacturer in Sweden making stuff and working with our equipment and they are also one of the great control companies in the world with a footprint in this space, as is Materialize and we are very interested in both companies.
He then stated he couldn't say anymore, forward looking statements are one thing but you cannot talk about contracts that both parties havent announced
Sigma Labs continuous advancements in the software have allowed it to become a simple plug-and-play into additive manufacturing machines.
it can use the sensors already installed in the machines, and install the software and computational Hardware, which allows for the compression of the otherwise extensive and a large amount of data.
this is what has and continues to separate signal lamps from every other in process quality assurance software
Our value lies within the algorithms that are able to detect abnormalities and material characteristics in real time. All other companies are only capable of collecting the data from the build and not able to compress it nor understand in real-time what the data represents because their software is not as advanced
The closed-loop software we are developing will be the most advanced software in the industry, and allow the additive manufacturing machines to run an entire builds and even correct any errors as they are happening. This is next generation software in any industry, especially in an industry that is already advanced as it is as far as technological capabilities go.
This could put sigma labs into the market
of artificial intelligence and machine learning. This is an even larger market and also intertwines with the industrial internet-of-things Market. This technology is capable of much more than simply being an additive Manufacturing inspection solution. The possibilities continue to grow as the technology grows as well as the industry and machine automation. This is literally the future of manufacturing, which is why everyone has been calling it industry 4. 0 for a long time
NIST and Sigma labs, actual scientific study...it works.. contrary to the beliefs of novices invested in something they don't understand
https://www.google.com/url?sa=t&source=web&rct=j&url=https://ws680.nist.gov/publication/get_pdf.cfm%3Fpub_id%3D924025&ved=2ahUKEwjQksaiqb7cAhUCWqwKHdIaCzIQFjABegQIBBAB&usg=AOvVaw3Uxw_IvmO5fqMyuvorprC0
Nehal Chokshi
Okay. So the companies that you're working closely with that have significant metal - additive manufacturing runs, have you sized - that size of those opportunities that you guys are working with in terms of the potential software spend, say over the next - within the first 12 months of what they say, okay, we are indeed going to go forward with Sigma Labs QA software?
John Rice
We have done that with alacrity.
unidentified
Thank you. Few questions. The NIST and LZN and contract partnership do they involve any revenue to Sigma and are there any expenses beyond incidental sort of expenses associated with those partnership endeavors? Are we sending people around to those as institutions?
John Rice
They're very – its interesting, they're similar, but then again different. They're similar in the sense that both of them are recognized standards houses. LZN however is in service primarily to private companies, whereas NIST is really a common standard for American industry, but not specific companies.
In the case of LZN AS is has been pointed out by others to us Gviz [ph] you seem to be associated with a company that is a prime research supplier to Airbus and which is why they are attractive to us, our deal with them is that we trade value back and forth and we do have to support them in the course of our European activities with Siemens and others.
The goal there is to successfully have demonstrated something that their direct connection with key industry players who are known to the public will and - will lead to sales for us we would hope.
In the case of NIST that is really a matter of unlike LZN which we perceive to be a channel to prospective sales, NIST is a channel to be a common and important recognized common standard in our business culture, in our general U.S. business culture.
It does not in our opinion lead to direct sales, but it does keep us from losing them by not by - not being unknown and we have to support that to the extent that we are sure that they are using the equipment appropriately, it's not very expensive, but that's required.
Kevin May
Hi, John. I just have one question for you today. As far as our software goes, we had a previous contract a while ago which Materialize that we never really saw anything come out of. Our current contract with Siemens is for production, they have a wonderful software suite, and then we had our collaboration with 3dsim now ANSYS, do we see - does the company see the integration of the software similar to our integration with OEMs?
John Rice
Absolutely. The Siemens is a manufacturer in Sweden making stuff and working with our equipment and they are also one of the great control companies in the world with a footprint in this space as is materialize and we are very interested in both companies.
Kevin May
Okay. Is there any applications going on at this time that you can speak on regarding this interest?
John Rice
I think I can't say anything at the moment.
Kevin May
Okay. Fair enough
The same thing when the sky falls
does that include the companies that we currently have contracts with and some of them we have had for years now, like Honeywell, GE Aviation, GE gas and Power, Siemens, aerojet Rocketdyne, Woodward, solar turbines, USAF, DARPA, additive Industries, an unnamed OEM, Spartacus 3D, LZN.,,, Well you know the list.
It keeps going
And are we really basing our relationship and software capabilities based off the simple words of one blog who has no actual relationship with either party?
Don't forget we just added a business development manager in Germany...another one of the top Additive Manufacturing Industries in the world.
New software engineers and application personnel added as of lately.
Employee count at 19.
https://www.astm.org/SYMPOSIA/filtrexx40.cgi?+-P+EVENT_ID+3548+callforpapers.frm#anchor3
ASTM meeting November
EWI, NASA, University of Auburn collaboration.
NIST standards in the works.
2016 NIST
5.4
REAL
-TIME METROLOGY
Additively manufactured parts have an advantage in that the
inherent layer
-by
-layer production provides an opportunity to
take a snapshot at each fractional stage of a product build.
However, the metrology tools and associated real
-time
feedback processes remain in infancy. Most interviewees saw a
need and value for real
-time metrology, but few offered
solutions or even topics for further research. Academic,
government, and consortia groups are heavily pursuing this
field, investigating optical (geometric), infrared, and thermal
methods.
As reported by the companies surveyed, qualification is
primarily done postproduction, with process and materials
alterations done primarily by a trial
-and
-error method. The
implementation of real
-time metrology has clear benefits in
efficiency, throughput, and related cost, replacing subjective
reasoning with quantitative decision making. Given the
variability in materials and processes as described above, real
-
time metrology and feedback loops offer a means of control
that could compensate for the inputs.
Much like metrology desires in other manufacturing processes,
manufacturers seek metrology solutions that are rapid,
quantitative, nondestructive, inexpensive, and high resolution
and that hav
e wide dynamic range. The range of features that
interviewees could monitor varies from geometric distortion to
porosity to mechanical and thermal stress.
Interviewees report that standards for metrology are slowly
being defined by groups including ASTM, ISO, ASME, SAE,
AWS, and others. Consortium and other networks are
conducting round robins of metrology and property testing for
AM and will publicize the results. However, companies remain
skeptical of the reliability and consistency of the aggregate data
without standardized methods for testing and data collection
.
AMC meeting starting today “The program features presentations from across the AM community,” said Rutuja Samant, Acting Director of the AMC. “Our line-up includes speakers from NIST, a research institution: AP&C, a metal powder producer; and Moog, an end user, to name a few. We look forward to a very productive meeting.”
Last AMC meeting, NIST specifically mentioned the importance of in process monitoring data, perhaps a development is available.
https://ewi.org/additive-manufacturing-consortium-will-hold-summer-meeting-in-boston-july-25-26/
Was that in reference to them merging the company or was that in reference to them using their software?
Why would we if the original contract was already in place and the pr was already put out regarding the signing of that contract, the company would not be obligated to speak on every single instance that occurs under that umbrella of a contract
A Shareholder should probably make an inquiry to get the latest information, not that of months ago...
When a party has a contract with a government entity, that government entity has the legal right to request the immediate action to ensure their contract needs are fulfilled.
Also important to note Morf3d, has been gaining a lot of attraction by very large names including the most recent investment by Boeing.
Sigma Labs has a very good relationship with Morf3d.
Morf3d has openly, in various public platforms, explained the value of an in process Quality Assurance Technology.
If Boeing, entrusts Morf3d to print their parts, and Morf3D trusts Sigma's PR3D to inspect those parts...Boeing may have an interest in the two companies to work together, or even merge, potentially one to acquire the other.
If I recall... Sigma and Morf3D have an outstanding MOU including a LOI together to do just that...
It also just so happens that Boeing's Horizon X portfolio consist of a couple industrial internet-of-things including a satellite Industrial internet-of-things company, as well as other various high tech ventures.
Food for thought.
Do DD
Glta
SGLB
Same exact thing as assuming that the contracts are null and void,
even though John rice has specifically addressed various contracts over the most recent calls and publicly stated they were still active contracts.
So...there's that.
Do DD
Glta
SGLB
Yeah, like the number of systems to be purchased over the term of the contract.
Probably run in line with Ron's selling bonus numbers....
But that would make too much sense.
Do DD.
Glta
SGLB