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I definitely agree with you. The latest PR is great news. SGLB shipped three systems in the fourth quarter to three different companies according to Mark. We know two Spartacus3D and Additive Industries. We have an unknown shipment to a company in Europe and now this unknown company in Germany wants to evaluate PrintRite3D. SGLB continues to maintain the relationships with GE, Honeywell and Materialise. I'm loving the company progress and I'm certain the pps will reflect this by the fourth quarter earnings call as additional revenue is realized.
SGLB is going to be quite exciting next year. Good Luck Longs!
It's all based on one's comfort level. There will be some who are comfortable risking 100 percent of their portfolio and some who may only risk less than 1 percent. Some will think it is crazy that folks invest 100 percent and some will think it's crazy to only risk less than 1 percent. Everyone should do what makes sense based on their individual experiences. It is an individual thing nothing more or less. I wish all the best.
Jpi, Thanks for sharing this article. Godfrey of Honeywell continues confirmation of working with SGLB and that statement of being pretty close to eliminating post-maunfacturing altogether is HUGE!! This is why I'm a LONG with SGLB. SGLB is the hands-down leader in In-process quality assurance and they have the patents to the process.
GE already said that they SGLB will expedite production rates for GE's additive manufactured engine components; thus, we are talking about a lot more than just fuel nozzles!! I continue too wait patiently for the pps to head north. It will explode once folks outside of our SGLB circle finally figure it out. I'm glad to be onboard early. Happy Thanksgiving All!
"Today, post-build inspection procedures account for as much as 25 percent of the time required to produce an additively manufactured engine component," said Greg Morris, GE Aviation's business development leader for additive manufacturing. "By conducting those inspection procedures while the component is being built, GE Aviation and Sigma labs will expedite production rates for GE's additive manufactured engine components like the LEAP fuel nozzle."
http://www.geaviation.com/press/other/other_20130524.html
Thanks Truthandlove. I'm certainly watching the supply chain as GE ramps up LEAP production next year. I'm excited about the Spartacus3D and Safran connection and look forward to continued progress. The connections will hopefully become glaringly apparent as the adoption of PrintRite3D continues.
DWOL,
I'll take a swag at it and say around $500,000 per PrintRite3D system.
SANTA FE, N.M., Jan. 15, 2015 /PRNewswire/ -- Sigma Labs, Inc. (OTCQB: SGLB) ("Sigma Labs" or the "Company"), a developer of advanced, in process, non-destructive quality inspection systems for metal-based additive manufacturing and other advanced manufacturing technologies, today announced that it has been granted its first contract, worth approximately $500,000, from GE Aviation as a member of the winning team, previously announced, of companies and universities awarded an "America Makes" additive manufacturing (AM) research project. This project is funded by the National Additive Manufacturing Innovation Institute (NAMII) and covers Sigma Labs' proprietary In-Process Quality Assurance (IPQA®) software for advanced AM monitoring. The contract will showcase the Company's PrintRite3D® technology across multiple platforms, in particular high-volume, high-quality aerospace components. Sigma Labs is expected to deploy a total of three systems – one each to GE Aviation and to other team members Honeywell and Aerojet Rocketdyne, a unit of GenCorp – over the next 18 months.
Thanks for that reminder! Exciting years are ahead.
Also, about eight years ago, academic-industry research collaboration set out to make the shift between adding and removing metal as easy as a tool change. The result was the first hybrid offering suitable for mainstream CNC machines, which adds laser cladding (a type of directed energy deposition according to ASTM F42) [3] to machine tools (FIGURE 2). This system was first demonstrated in 2012, and is now known as the AMBIT tool changeable laser cladding system by Hybrid Manufacturing Technologies, which can upgrade new and used CNC machines into industrial 3D printers for metal.
The system can be retrofitted onto existing CNC machines or be fully integrated with additional functionality into new CNC machines, such as the Hamuel HSTM 1000, Mazak INTEGREX i-400 AM, and the Elb-Schliff millGRIND. By using mainstream CNC machines as a platform, this innovation represents a new way to adopt AM and was named "the premiere example of advancement in additive processes and applications" as the inaugural winner of the International Additive Manufacturing Award (IAMA) in 2015.
Aequs plans to invest USD 50 million in this facility over the next five years, which is expected to generate employment for over 1000 skilled professionals during the period. When operated at peak capacity, this facility will be able to generate revenue ofUSD 75 million per annum. This facility has capacity for 150 advanced CNC machines making it one of the largest aerospace machining facilities in India.
http://www.pddnet.com/news/2015/11/eos-emphasizes-focus-quality-assurance-additive-manufacturing-products
and yet we integrated PrintRite 3D with their E0S 290. There would be no need to do it if EOS already had the solution. That's my take.
Yep.. I'm hoping we hear about Additive Industries Metal Fab1 customer next week but I doubt it. I do have that feeling the GE is in line.
I'm very excited about AM in the Oil&Gas industry. I see applications for PrintRite3D.
“For the oil and gas industry, if you look at the assets, they’re designed for 20-25 years,” Chris explained. “Quite often the machinery and spare parts are not available or supplies may not be in service anymore. That’s where AM comes in handy. If you have permission and the right to reproduce it you have to ensure it is form fitting.”
Great find!! Thanks Jeff. Exciting times are very near. The clock is ticking.
I believe Arcam will max out at 150 machines a year which can you imagine 150 PrintRite3D licenses from them in a year? Would be nice. Still awaiting that Materialise announcement.
Arcam has delivered about 50 3D printing systems over the last year, and although they have doubled their production capacity at Molndal plant, Rene anticipates certain periods where demand will outstrip the manufacturing capabilities.
“In terms of floor space, we could probably make about 150 systems per year in Sweden,” Rene said. “That would require more assemblers, electricians and service engineers. We’re building that capacity.”
I agree. I'm thinking the same about that Metal Fab1.
Jeff,
Thanks much for sharing this DD. I appreciate it as I'm seeing that Arcam is going to be utilized by GE according to Arcam's CEO
GE Aviation has said it expects to print more than 100,000 parts for its jet engines by 2020. The U.S. engine maker will use Arcam machines for production of light-weight turbine blades by 2018 at the very latest, Rene said.
Materialise NV (NASDAQ: MTLS), a leading provider of Additive Manufacturing software and of sophisticated 3D Printing solutions in the medical and industrial markets, partnered together with Arcam, listed on NASDAQ Stockholm, to create the Arcam Build Processor, which will be launched and available for purchase in the following weeks.
Karel Brans, Strategic Partnership Manager of Materialise, notes, “With Streamics automation and control system, the platform supports the workflow in an AM environment, automating several steps along the way and assuring quality and traceability. Linking the Sigma Labs PrintRite3D® product to our software platform enables our mutual users to benefit from this valuable technology from within their trusted Materialise environment.”
Absolutely Z. SGLB is working hand in hand with Honeywell and DARPA. SGLB shorts are starting to see the picture and not liking the feeling of warmth that comes before the burn.
Awesome Jackle!! Thanks for sharing. The Dot Connectors Rule!!
There should not be an expectation of huge revenues from the third quarter. It would be unrealistic to assume that; however, here's what I do expect to hear:
1) I do expect to here more about the Spartacus3D's decision to utilize PrintRite3D in their AM printers.
http://www.farinia.com/news/spartacus3d-takes-a-step-ahead-with-sigma-labs-solutions
The Spartacus3D which is part of Farinia group.
We all know that Farina group owns a number of other manufacturing companies which will likely utilize additive manufacturing in the future; thus, more potential PrintRite3D sales.
http://www.farinia.com/our-companies
We all know that Aequs bought a 23 percent stake in Spartacus 3D.
http://www.aequs.com/news/aequs-eyes-the-final-frontier-with-buys-worth-rs-9-crore-february-18th-2015publication-the-economic-times/
Here's what Aequs CEO says about the investment in Spartacus 3D
As to Aequs’ investment in Spartacus3D, Melligeri said the French company’s 3D metal printing technology can yield low-weight but robust structures for manufacturing aircraft components.
“There are 3 million parts that make up an aircraft. This is just the beginning,” said Melligeri.
Aequs’ SEZ, set up in 2009, produces aerospace components and systems also for global firms Honeywell, Saab, Magellan, United Technologies and Boeing.
Aequs has a machining facility in the Belgaum SEZ, a surface treatment facility in a joint venture with Magellan Aerospace of Canada, a forging facility in a joint venture with two French companies, Albert & Duval and Setforge, and a joint venture with Saab Aerostructures for the manufacture and supply of aerostructure assemblies.
CEO Magnus Rene was interviewed by Bloomberg and said that the Swedish maker of 3-D printers may soon have trouble keeping up with orders as airplane and engine makers start using the technology to make parts.
GE Aviation has said it expects to print more than 100,000 parts for its jet engines by 2020. The U.S. engine maker will use Arcam machines for production of light-weight turbine blades by 2018 at the very latest, Rene told Bloomberg.
According to the CEO, aerospace offers far bigger growth potential than the market for 3D-printed orthopedic implants, which Arcam currently dominates.
“The aerospace industry is some 50 to 100 times larger than the implants industry,” Rene told Bloomberg. “Many components are unlikely to be made in 3D printers because they’re too large, but it’s still at least 10 times the size
Some of GE’s competitors have decided to start production using Arcam machines, according to Rene, who declined to name them.
Future still looking great.
Safran said the Leap engine, also being built in partnership with GE, is on track for first commercial deliveries next year. Safety regulators are about to approve the design of the Leap engine for Airbus’s new A320neo, for new engine option, Safran said.
Silversmith, This is a great find. I believe this is the document that you refer too. It's just a matter of waiting patiently as all signs are pointing to what us Longs have been anticipating.
http://c.ymcdn.com/sites/www.titanium.org/resource/resmgr/titaniumUSA2015/tues_and_wednesday_papers/UPDATEDPAPERS/GorhamRobTiUSA2015Presentati.pdf
Just sharing it for the Longs. GLTA. Mark Cola is executing a wonderful plan.
Absolutely positive for us. Thanks Jackle. SGLB is very well positioned. GE continues to work with SGLB and it was confirmed with the 500,000 contract early this year. Honeywell continues to work with SGLB which was confirmed at RAPID. Farinia Group confirmed to by PrinteRite 3D and they are working with GE's partner Safran. For new investors Safran and GE formed CFM International which is getting all those billion dollar orders for the LEAP engine. How much more confirmation does a person need? I guess the only way is for a big contract to fall from the sky which will cause new investors to come a rushing and shorts running in a panic to cover the burn.
Loving this from the article
One of the challenges of 3D printing a metal part for an injector on a rocket is there isn't currently precedence for this process in this application. At the forefront of the project has been the evaluation of metal additive manufacturing consistency and repeatability from one completed part to the next compared to conventional manufacturing. Controlling repeatability falls to the hands of the 3D printing service provider.
I'm looking forward to Formnext with Additive Industries, Materialize, Spartacus3D, and Sigma Labs. Not to mention all the other companies that are presenting there. Like EOS, Stratasys, Arcam. A lot of networking will be going on and I'm betting quality assurance of AM will be high on the list :)
https://www.mesago.de/en/formnext/For_visitors/All_exhibitors_Product_groups/index.htm?listpage=2
http://www.epma.com/doc_details/427-introduction-to-additive-manufacturing-technology
Some good reading material here.
http://www.rapidreadytech.com/2015/10/additive-manufacturing-in-general-aviation-to-hit-3-3-billion/
“SmarTech envisions a sizeable opportunity for 3D printing service providers to specialize in aircraft manufacturing and move in to support an increasingly pressured aerospace supply chain.”
The $SGLB Dot connectors are basing opinions and facts on information published from legitimate sources and posting links to prove the logic. Others are posting opinions without legitimate links to sources to back that opinion. The progress in SGLB is undeniable.
1) Process accepted by Boeing in 2012 and Honeywell contract
http://www.prnewswire.com/news-releases/sigma-labs-inc-awarded-additive-manufacturing-contracts-from-honeywell-aerospace-139971823.html
2) JTDA with GE Aviation in 2013
http://www.geaviation.com/press/other/other_20130524.html
3) Awarded DARPA Phase II contract with Honeywell in 2014
http://3dprint.com/23061/sigma-labs-drapa-3d-printing/
4) PrintRite 3D Inspect product commercialized in 2014
http://www.prnewswire.com/news-releases/sigma-labs-announces-the-release-of-printrite3d-inspect-quality-assurance-software-274312061.html
5) Technology Cooperation agreement with Materialise in 2014
http://www.materialise.com/press/materialise-joins-a-new-cooperation-agreement-with-sigma-labs-inc
6) Technology Cooperation agreement with Additive Industries in 2014 http://www.prnewswire.com/news-releases/sigma-labs-signs-technology-cooperation-agreement-with-additive-industries-300007213.html
7) 500,000 dollar contract with GE in 2015
http://3dprintingindustry.com/2015/01/19/sigma-labs-ge-aerospace/
8) Sigma Labs announces Early Adopter Program and contract with Spartacus 3D
http://globenewswire.com/news-release/2015/09/01/765129/10147726/en/Sigma-Labs-Announces-Launch-of-Early-Adopter-Program.html
9) Sigma Labs announces Deform product commercialized
http://globenewswire.com/news-release/2015/09/30/772204/10150996/en/Sigma-Labs-Announces-Launch-of-PrintRite3D-R-DEFORM-TM.html
10) Sigma Labs to host AMC Fall meeting Oct 28-29 2015
http://globenewswire.com/news-release/2015/09/28/771419/10150620/en/Sigma-Labs-Announces-Fall-Industry-Events.html
Z, Exactly. Greg M. has been saying it all along without directly naming SGLB each time. He even spoke about giving some work to the supply chain. I can't find the exact quote right now.
Articles like the following make me believe that someone like Additive Industries is being considered for their next gen printers that will have PrintRite3D built-in.
http://www.forbes.com/sites/capitalonespark/2014/04/23/the-future-of-3d-printing/
Greg Morris, business development leader for additive manufacturing at GE Aviation, spoke to Bloomberg about GE’s plans to speed the development of jet engine fuel nozzles for its multibillion-dollar unit.
“There doesn’t exist a supply chain out there right now for this kind of work. GE has to be involved in developing it,” he said, adding GE’s supply chain is already being stretched, forcing it to start planning for newer, faster machines.
“We can start ramping up with the current generation of technology, but within two to three years we’re going to have to be onto the next generation to meet our cost targets.”
Founded by Cincinnati natives Greg Morris, Wendell Morris and Bill Noack in 1994, Sharonville-based Morris Technologies and West Chester-based Rapid Quality Manufacturing have supplied GE Aviation for several years, as well as GE Power Systems and its Global Research Center. The companies make products ranging from lightweight parts for unmanned aerial vehicles for the U.S. military to hip replacement prototypes for the medical field.
Thanks much! I'm following you!
Z, I agree. I'm watching for companies that may be in the supply chain and any RFP's from GE. I like the Spartacus 3D association with Safran. That spoke volumes to me. I continue to watch for other clues along the way. I'm not expecting a big announcement from GE or SGLB. The way things will go will be revealed in these little details by the time the masses realize the pps will be rocketing north. Good Luck Longs!
Well.. I certainly cannot say it any better than that. Great analysis and vision as usual.
Good Luck to my fellow Longs thinking positive thoughts for all you troopers out there. Thanks for the support again Dadx4. Jackle, DWOL, KMey, Mduffy, jj, jpi, Z, chef, kanya, johnny c, parapraxis, desmarco, jeffxtrade, tyfoidhana, windbag and many others. I enjoy reading your well thought out posts and DD! Dot Connecting is really indicating great times ahead.
Anyone notice the 3D Systems news today? Interesting who they are working with to integrate quality control for production lines of Honeywell.
The team comprised of Penn State and 3DS researchers are currently running several government-funded projects using DMP technology. They are working with the US Air Force to incorporate DMP technology into the manufacturing workflow of the largest provider of aircraft engines Honeywell Aerospace, focused specifically on the production and rapid qualifying of 3D printed metal parts. They are also working to integrate quality control monitoring equipment for 3D printed metal parts on the production lines of Honeywell and their fellow defense manufacturer Northrop Grumman.
• The main customers of this position are the Honeywell engineering and manufacturing units and Supply Chain personnel (Sourcing) as well as the supply base.
Thanks Jackle and Dadx4!
Yes, I believe that shopping spree will be starting soon.
https://www.gray.com/news/blog/2015/05/21/ge-sharpens-its-focus-on-advanced-manufacturing
I remember a couple years back someone on the board asked about the value of Sigma Labs and I said considering the 25 percent productivity savings that a market cap of 2 to 3 billion should be very possible. Well.... I may have understated it a bit based on this statement.
It’s clear that GE’s Brilliant Factory strategy does not miss profit opportunities. Furstoss has said, “If we could get across the whole of GE—not just one factory or product, but the whole company—if we could just get one percent productivity savings in our total supply chain, that could be up to $500 million for GE.”
Updated links for New Investors. Remember to do your DD.
1) Process accepted by Boeing in 2012 and Honeywell contract
http://www.prnewswire.com/news-releases/sigma-labs-inc-awarded-additive-manufacturing-contracts-from-honeywell-aerospace-139971823.html
2) JTDA with GE Aviation in 2013
http://www.geaviation.com/press/other/other_20130524.html
3) Awarded DARPA Phase II contract with Honeywell in 2014
http://3dprint.com/23061/sigma-labs-drapa-3d-printing/
4) PrintRite 3D Inspect product commercialized in 2014
http://www.prnewswire.com/news-releases/sigma-labs-announces-the-release-of-printrite3d-inspect-quality-assurance-software-274312061.html
5) Technology Cooperation agreement with Materialise in 2014
http://www.materialise.com/press/materialise-joins-a-new-cooperation-agreement-with-sigma-labs-inc
6) Technology Cooperation agreement with Additive Industries in 2014 http://www.prnewswire.com/news-releases/sigma-labs-signs-technology-cooperation-agreement-with-additive-industries-300007213.html
7) 500,000 dollar contract with GE in 2015
http://3dprintingindustry.com/2015/01/19/sigma-labs-ge-aerospace/
8) Sigma Labs announces Early Adopter Program and contract with Spartacus 3D
http://globenewswire.com/news-release/2015/09/01/765129/10147726/en/Sigma-Labs-Announces-Launch-of-Early-Adopter-Program.html
9) Sigma Labs announces Deform product commercialized
http://globenewswire.com/news-release/2015/09/30/772204/10150996/en/Sigma-Labs-Announces-Launch-of-PrintRite3D-R-DEFORM-TM.html
10) Sigma Labs to host AMC Fall meeting Oct 28-29 2015
http://globenewswire.com/news-release/2015/09/28/771419/10150620/en/Sigma-Labs-Announces-Fall-Industry-Events.html
Good Luck Longs. $SGLB is a company on the move!
Thanks jpi. I see Mark and Dave's In-Process Quality
Assurance presentation is right after Honeywell's Rapid Low Cost Additive Manufacturing by Neumann and Godfrey. We are very familiar with those two names.
I noticed that our DARPA partner Honeywell as the need for a Metallurgist. I see the position is in Phoenix AZ for Honeywell. The same place that our brand new Deform is going.
Check out the job duties.
Job duties:
• Primary responsibilities include support for materials and processes involved in the design and manufacture of parts.
• Knowledge and interest in learning and applying alloy casting technology is essential for this position.
• Candidates with formal training in casting and/or solidification will be preferred. Working experience with castings would be beneficial.
• Candidate will learn to use industry technical design guidelines and solidification modeling to help develop casting designs which are easy to manufacture and meet the functional requirements defined by the design team.
• Non-destructive tests such as CT Scanning and destructive tests such as metallography and mechanical testing will be used to validate casting processes and product quality.
• Candidate will be responsible for defining manufacturing process approval requirements, product testing and design qualification for aerospace applications.
• Candidate will be responsible for reviewing drawing, specification and product substantiation requirements and ensuring that requirements are flowed down to suppliers effectively.
• Position defines substantiation test requirements and process requirements that need to be satisfied to pass first article inspection.
• Responsibilities include specification maintenance, process documentation, approval of suppliers and components with forging, casting and fabrication processes, conducting maintenance audits to ensure specification and process compliance, support determination of Root Cause and Corrective Action associated with process escapes, and identification of producibility opportunities and cost reduction.
• Technical skills include a broad understanding of materials, processing and applications, understanding of mechanical and design requirements for aerospace components, effective communication and participation on teams with considerable focus in manufacturing and design process focused.
• Trains and mentors suppliers in various aspects of materials and process engineering.
• The main customers of this position are the Honeywell engineering and manufacturing units and Supply Chain personnel (Sourcing) as well as the supply base.
http://www.careersathoneywell.com/en/jobs/descriptions/-metallurgist-casting-phoenix-az-job-5606210
Longs have gotta love that last job duty. This seems very indicative of utilizing this skill set (which I'm very sure involves PrinteRite 3D) across Honeywell manufacturing which will be awesome. Good Luck Longs!
Kanya, What a great article! Thanks for posting this. It continues to confirm why I'm invested here!
Great post JAckle. I'm excited about SGLB all the more as the dot connecting is adding up. dot+dot+dot=SUCCESS
Z,
I forgot about that GE intern article that I found at the end of this summer. I referenced it in my post. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=116353179
Here's the link to that article from GE's site.
http://www.geglobalresearch.com/blog/research-in-nde-and-additive-manufacturing-provides-life-changing-experience-for-ge-intern
This is the technology that I believe could be our thermal solution and here is the dot connecting rationale. Windbag sent this to C. Witty and the response was no comment as I recall. I wish jj was around to get his take on it.
Another reason why I believe that we are involved with the infared pulse thermography that the GE intern spoke of is because we were part of the team that won the NIST award.
Quote:
"In the area of process metrology for validating process models, this project will collaborate with the AM Qualification project in developing traceable infrared thermography and spectroscopy methods for measuring the temperature distribution of the melt pool in powder bed fusion processes. Validated physics-based process models will be used to develop reduced-order analytical models for use in development of real-time control algorithms."
http://www.nist.gov/el/isd/sbm/rtcam.cfm
Our patent does mention
Quote:
"A real-time thermal measurement 11 can be made using any variety of contact or non-contact measurement methods, such as infrared cameras, pyrometers, or thermocouples. The measurement method can be fast enough in terms of its response time to be consistent with the desired update loop of the controller 14."
Quote:
"A method for control of a fusion welding process by maintaining a constant weld pool volume comprises generating a weld pool using a welding machine tool having a plurality of process variable settings, making a thermal measurement of the weld pool using a thermal sensor, solving a thermal inverse model to predict the thermal response of the weld pool to the plurality of process variable settings, comparing the predicted thermal response of the weld pool to the thermal measurement of the weld pool, and changing at least one process variable setting of the welding machine tool in response to the comparison of the predicted thermal response and the thermal measurement of the weld pool."
http://patents.justia.com/patent/8354608
The America Makes project"
Quote:
“In-Process Quality Assurance (IPQA) for Laser Powder Bed Production of Aerospace Components”
- General Electric Aviation
Led by General Electric Aviation, in partnership with Aerojet Rocketdyne; B6 Sigma, Inc.; Burke E. Porter Machinery Company; Honeywell Aerospace; Montana Tech of The University of Montana; and TechSolve, Inc., this project will address the need for the development of a commercially available, platform-independent Quality Assurance technology for high-volume AM production of aerospace components, which is currently lacking within the industry. The proposed effort will be achieved through the maturation of an IPQA technology solution that leverages a development approach, incorporating multiple AM machines and multiple super alloys.
"
https://americamakes.us/news-events/press-releases/item/475-second-projectcall-awardees
GE, Aerojet and Honeywell along with SGLB working on maturation of an IPQA technology. We have the IPQA technology that they are working on maturing and I believe that the infared pulse thermography is our patent that they are developing. We own the patent that's why they are contracting with us to purchase units of PrinteRite3D which will have Inspect and soon Deform and I'm betting that our Thermal is the infared pulse thermography that is being developed. Good Luck Longs!
Z, The last I can find is this NASA report on Nondestructive Evaluation of Additive Manufacturing State-of-the Discipline Report. I was published December 2014 if you go a few slides in it reconfirms what Greg Morris stated about working with Sigma Labs.
I believe that you will recall this report once you see it.
http://ntrs.nasa.gov/archive/nasa/casi.ntrs.nasa.gov/20150001636.pdf