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NO DUMP HERE. A Huge Short position of 4 million shares today. I wonder if they are naked.
http://otcshortreport.com/index.php?index=sglb&action=view#.VcFh1_lViko
It's a good call with 3D Systems and Stratsys having a disappointing earning report. I believe this short is assuming the same here. All it takes is a GE announcement or Defrom release to quickly turn things around.
Mark is positioning SGLB for the long term; thus, why I'm invested here. Honeywell has the order in to purchase PrintRite 3D with the Deform module. Honeywell knows that Deform is real and coming. They would not place the order for Deform if Deform was a pipe dream.
Ge Aviation's Furstoss would not release statements like this "As an industry, we have to find ways to go faster," said Furstoss, according to the news source. "For all of the time you can save in the design phase, the actual printing or production of parts using additive technologies is still too slow. To help address this challenge we have a joint technology development agreement with Sigma Labs Inc., to develop in-process inspection technologies of additive components with the goal of reducing production time up to 25 percent."
I'll follow what two Fortune 500 companies are saying and doing not to mention what implementation with the ICME framework will give SGLB.
Jpi, Thanks. I'll do a few searches on your provided info and see if I can find that link.
I feel the same way and continue to purchase as funds become available. I've been investing since late 2013. My research continues to confirm that I should invest here.
The ongoing AM news/reports that indicate AM will grow even though the past year 3D plays have trended down. I continue to purchase at these levels as all indications are that long term this will pay off.
The AM quality assurance is huge and SGLB's PrintRite is a solution that is has been proven through independent testing ie GE, Honeywell.
I believe that's why Materialize, and Additive Industries want to integrate PrintRite into there systems and why Rocket Aerodyne plans to make a purchase via the America Makes contract. I think that a few more big names will want to work with SGLB as more AM moves to being mass produced.
I feel that exciting days are ahead of us especially as we move into next year with GE and the end of DARPA Phase 2. That AM ICME framework has HUGE potential for SGLB as the IPQA may be built into the framework. Anyone read thru the ICME study? http://www.tms.org/icmestudy/ I like statement like this "i. Here, “models” refers to the fundamental physics/materials-based models (e.g., a crystal plasticity model) while “tools”
refers to computational codes (e.g., Deform®) that have been properly validated and verified and can be used in a
quantitative fashion to implement ICME. The tools are often commercial codes, but can be freeware as well."
I believe they are talking about our Deform. There was a Honeywell presentation out there that showed the "IPQA" implemented right into the ICME framework. Can someone find that and repost it? GLTA
Thanks for this informative post. I never heard of EASA before. I did a little digging and our partner Materialize achieved the EASA certification this year. http://www.tctmagazine.com/3D-printing-news/materialise-achieves-certification-for-3d-printing-end-use-parts-aerospace-industry/
I like this part "The EN9100 is a certification of quality assurance for the aeronautic and aerospace sector. The EASA Part 21G certifies that an organisation can deliver parts with a Form 1 and indicates that the parts are “ready to fly”. By certifying one of the most advanced and mature additive manufacturing production facilities in the world, Materialise now aims to address the demands of partners throughout the aerospace sector.
Currently, the certifications apply to the manufacturing of plastic parts but there are plans to certify additional materials in the future. Perhaps the company’s recent addition of a metal 3D printing option to its industrial service offering could indicate there are plans to certify the production of parts in lightweight metal polymers such as aluminium."
I look forward to the Q2 con call. I'd like to know progress with Materialize partnership on this" 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.”
http://www.materialise.com/press/materialise-joins-a-new-cooperation-agreement-with-sigma-labs-inc
Chef, I believe that Mark mentioned 1st part of 3Q for Deform at the Q1 conference call. It was delayed from Q1 2015 if I recall correctly due to issue beyond their control. I'm certainly hoping to hear about Defrom release soon. I really believe that PrintRite 3D with Deform is what is needed for AM qualification/verification. IMO GE will want Deform to go with Inspect for that mass AM production that's coming. I loaded up some more the past two weeks. GLTA!
Looking forward to continued developments. There's a lot to look forward to here. LEAP is progressing nicely as is the ICME.
It would be nice if this is a precursor to news. I'm thinking it was a mini short squeeze myself. I wish my order to buy more at .058 would have executed at the bell this morning. I just glad that I picked up some last week and the week before. GLTA!
There's money to be made in additive services as evidenced in the article. SGLB will start cranking out revenue soon. IMHO Just look at ProtoLabs
http://www.marketwatch.com/story/proto-labs-expands-its-additive-manufacturing-footprint-2015-07-21
Once again the price goes down
Once again the naysayers come around
3D stocks most down this year
Panic, Shock, Shorts bring the fear
Traders sell and traders buy
Swingers swing on the fly
Longs sit back and accumulate
Shares that shorts want to desecrate
Metal 3D will rise again as it's been foretold
by industry and military so Longs hold
Ahhh rhyming games so much fun!
I like that goal as it is in sync with mine :)
Jpi, Thanks for this post. I continue to purchase shares as funds become available. This Navy work will be based on the ICME framework which us longs are very familiar with. It's great to be invested here. Everyone keep watching that DARPA Phase 2 with Honeywell. IMHO this will be huge should we successfully complete Phase 2 work and move to Phase 3. Please see:
https://www.fbo.gov/index?s=opportunity&mode=form&id=7c1e6b7c8d30722e4334a366f67c9be9&tab=core&_cview=0
Yep Chef I agree. It would be a conflict of interest for a company to build parts and verify them as good. They need an objective view which Printrite3D provides.
It's great to be an America Makes member :)
http://3dprint.com/80637/america-makes/
, America Makes includes five government agencies: NASA, the Departments of Energy, Commerce, and Defense, and the National Science Foundation.
“Currently, no single AM organization has the resources or the partnerships that America Makes has to innovate and accelerate AM to increase our nation’s global manufacturing competitiveness. This week’s launch of the new America Makes Capabilities Database is another significant addition to the invaluable resources exclusively available to our members.”
That diagram is Jackle's work.
More companies are trying to get into the AM quality control game. This one is just starting up and plans to do testing to ensure quality control. http://3dprint.com/80071/neff-capital-management-launches-sintavia-with-10m-investment-will-focus-on-additive-manufacturing/ SGLB's IPQA process has been under test for several years now. It's great to be with a AM quality control leader like SGLB. Many companies are seeing the potential and are trying to get in. They see the dollar signs. It's only a little more time before SGLB takes off. Mark Cola is positioning SGLB very well to capitalize as AM mass production gets rolling.
Planning to purchase a few more at this level but being cautious. I'm watching for any loose hands to fold in wake of Shanghai and possible Grexit contagion.
Dadx4, Thanks for the heads up!
Thanks for this post. I'm looking forward to hear what Additive Industries has to say as well as Honeywell!
"the Obama Administration, along with a growing coalition of leaders, has been working diligently to repair an often overlooked cause of America’s decline in manufacturing: its waning competition in manufacturing technologies.
The result is the new National Network for Manufacturing Innovation, or NNMI. The total current and proposed investment in this effort, according to a review of the proposed 2016 federal budget, now surpasses $2 billion"
"Today, the technology race in 3D printing is in full force. The technology is still widely considered a young one, even though it was invented about three decades ago. It simply takes a lot of time and effort to develop technologies that can be used, repeatedly, at a compelling cost with high enough quality for a manufacturing environment.
- See more at: http://www.sme.org/MEMagazine/Article.aspx?id=8589934630#sthash.ddxjGWek.dpuf
I could not agree more with that vision as I believe that's exactly the plan! A great foundation is being laid here and it's that foundation which will be in place when AM mass production starts to take off. It's great to be connected with the government and two Fortune 500 companies that have stated it's their goal to do this.
IMO, They are very much keeping the companies separate by each keeping their own assets. They will share profits 50/50 from the AM servicing manufacturing side but I'm thinking that PrintRite 3D sales and licensing will belong to SGLB. IMO our share structure remains intact but just IMHO.
Here's some of what we do know.
1. GE has stated for the record there is a JTDA with SGLB.
http://www.bloomberg.com/article/2013-05-24/aVkN9PIRCM6w.html
2. Honeywell has stated they are going to add DEFORM to the PrintRite suite they purchased.
http://disruptivemagazine.com/sigma-labs-enters-new-deal-with-honeywell/
3. SGLB is hosting the AMC winter meeting.
http://www.prnewswire.com/news-releases/amc-winter-meeting-focuses-on-further-testing--development-300036756.html
4. Sigma Labs Won Phase II DARPA Contract with Honeywell
http://www.prnewswire.com/news-releases/sigma-labs-wins-phase-ii-darpa-contract-with-honeywell-281284911.html
5. Sigma Labs Signs Technology Cooperation Agreement with Additive Industries
http://www.prnewswire.com/news-releases/sigma-labs-signs-technology-cooperation-agreement-with-additive-industries-300007213.html
For anyone to imply that these connections are false is incomprehensible.
Wick,
I believe that GE's plan" to build the first 40 production LEAP engines next year, to ramp up steeply to 600 engines the following year and to 1,200 the year after that." will benefit SGLB as Mark Cola confirmed that we are lock step with GE in first quarter webcast 21:44 mark. Mark expressed that we expect to have significant year over year top line growth as I recall in one of those webcasts. Mark stated that we continue to meet or exceed GE's goals as GE moves toward production.
We know that GE is using IPQA to verify AM quality in production per Christine Furstoss "As an industry, we have to find ways to go faster," said Furstoss, according to the news source. "For all of the time you can save in the design phase, the actual printing or production of parts using additive technologies is still too slow. To help address this challenge we have a joint technology development agreement with Sigma Labs Inc., to develop in-process inspection technologies of additive components with the goal of reducing production time up to 25 percent." http://www.caddedge.com/3d-printing-and-rapid-prototyping-news/bid/188343/3D-printing-to-be-used-in-50-percent-of-GE-s-manufacturing-by-2033
I believe that SGLB's revenue will ramp up with GE as GE plans to ramp up year after year. GE has invested much time in testing and working to improve Sigma Labs PrintRite3D to allow them to reach their production goals with the necessary "objective evidence of compliance" required by their customer (the F.A.A.) to ensure production quality and process reliability.
We know that GE is the AM leader in AM production and that many others will ramp up AM production such as Honeywell, HP have stated. GE is leading the way and once the LEAP engine is finally FAA certified then others will want to use the AM ceritified processes. I believe that SGLB's IPQA process will provide FAA's objective evidence of compliance. I'm expecting to see significant year over year top line growth out of SGLB and that it will start with a GE contract award.
I continue to closely follow GE as they are the AM trailblazer. I like to listen to what AM industry experts are saying their AM needs are and as long as SGLB is providing a solution to what AM needs then I will stay invested in this company. SGLB continues to partner with AM industry leaders and this partnerships will be rewarded with contracts as the AM mass production revolution is underway. Thanks much for asking. I wish you and the Longs much success. I'm not one to react to the day to day or weekly trends. I'm here for the long haul as the DD provided by you and many others on this board has proven to be solid and I like the way Mark is doing business here.
http://www.aviationpros.com/news/14010744/airbuss-leahy-to-ge-crank-out-those-single-aisle-jet-engines-or-get-left-behind
"GE's Joyce elaborated by pointing out that the current plan is to build the first 40 production LEAP engines next year, to ramp up steeply to 600 engines the following year and to 1,200 the year after that."
Impressive to see your work acknowledged by them. Great job JJ!
Nice GE interview here. with Christine Furstoss
http://www.bloomberg.com/news/videos/b/836031c0-3635-40ef-bdea-42c95534f6dd
http://www.madeinalabama.com/2015/06/ge-aviation-readies-first-3-d-printed-jet-engine-nozzle/
"The company plans to have 10 printing machines installed at the 300,000-square-foot facility by year’s end, a figure that could eventually climb to as many as 50."
"FAA-certification of the engine is expected later this year."
"Since there are 19 fuel nozzles in every LEAP engine, GE Aviation said the stage is set for large-scale, long-term production at the Auburn plant. In March, the company said production there will ramp up quickly over the next five years, going from 1,000 fuel nozzles manufactured annually to more than 40,000 by 2020."
I believe Silversmith did a calculation based on 10 machines with PrintRite3D installed... Looking forward to EOY. IMO that's when we see a nice contract. to think Auburn plant will just be the first factory to start production... Should that contract come as I'm anticipating then I'll been giggling hilariously at work that day just thinking about the additional contracts to come... Long and Strong here
https://www.federalregister.gov/articles/2015/06/09/2015-14084/special-conditions-cfm-international-leap-1a-and--1c-engine-models-incorporation-of-woven-composite#h-8
Interesting to see how FAA is dealing with certification of AM parts for the LEAP for example the AM made composite fan blades.
"Special conditions are required to ensure that the LEAP-1A and -1C woven composite design fan blades account for the differences in material properties and failure modes relative to conventional single-load path metallic blades."
http://www.seattletimes.com/business/boeing-aerospace/new-737-max-engine-development-going-well-but-60-jets-a-month-may-stretch-limits/
"Still, 1,800 engines a year is barely enough to satisfy the current planned rate increases by both Boeing and Airbus. Boeing is going to 52 jets per month in 2018. Airbus is targeting 50 per month in 2017.
In a briefing at Le Bourget, the site of the Paris Air Show that starts Monday, CFM executive vice president Allen Paxon, who heads the GE side of the joint venture, said “there are restrictions on how fast we can ramp up.”
“We cannot go zero to 1,800 in a year,” said Paxon. “There are limits. We are at those limits now.”
There's a tremendous push to deliver on all those LEAP engines for those jets and we know who GE has been working with ensure the quality of those fuel nozzles and then some. GE is not going to suddenly change their testing process. They are being pushed to the limit now. :) SGLB's hardwork is getting close to fruition. It's great to be here with the SGLB longs!
http://www.daytondailynews.com/news/news/ge-aviation-to-see-billion-dollar-deals-fly-at-upc/nmb3W/
"The GE9X, scheduled to make its debut in 2020, will spread additively produced, also known as 3-D manufactured, parts and ceramic matrix composite materials to more parts of the engine"
Jackle, Great Post here. I got busy and forgot to comment. I really like where SGLB is with GE. I'm looking forward to EOY. I'm anticipating a very nice GE contract. Great Stuff. I remember that name
Regarding the partnership, Christine Furstoss, Technical Director for Manufacturing and Materials Technologies at GE, stated “we have a joint technology development agreement with Sigma Labs Inc. to develop in-process inspection technologies of additive components with the goal of reducing production time up to 25 percent.” http://oakshirefinancial.com/2014/03/19/going-long-stigma-labs/
http://www.euronews.com/2015/06/11/how-3d-printing-is-driving-efficiency-in-aviation/
"as process control gets better, and finished parts are higher quality, they will be used in more applications, and more critical applications. In 10 years, we’ll be able to address at least 40-50% of aircraft components as opposed to the 4-5% addressable now. Another 10 years after that, and it will only be a select number of parts that aren’t additively manufactured, or that AM doesn’t play a role in their production."
I agree with you DWOL. SGLB Long and Strong!
GE continuing to free up funds to invest in manufacturing.
"General Electric says it has agreed to sell its private equity financing unit to Canada Pension Plan Investment Board — Canada's largest pension fund — in a deal valued at about $12 billion."
http://www.usatoday.com/story/money/business/2015/06/09/general-electric-to-sell-unit/28727021/ I'm waiting patiently on a GE contract. I'm betting sometime before EOY.
Nice post jeffxtrade. It's looking like GE Aviation will be on schedule to deliver the LEAP to power that 737. Production runs next year will take advantage of SGLB technology.
Nice post! Us longs knew this was an eventual reality and there it is. SGLB's process will be certified soon. Just waiting on an eventual announcement. My shares are staying right here. Thanks Hawks022!
http://www.executivegov.com/2015/06/darpa-program-seeks-to-address-variability-in-additive-manufacturing-processes-mick-maher-comments/
“The reliability and run-to-run variability of new manufacturing techniques are always uncertain at first, and as a result we qualify these materials and processes using a blunt and repetitive ‘test and retest’ approach that is inevitably expensive and time-consuming, ultimately undermining incentives for innovation,” he added.
We know that SGLB is working with Honeywell and DARPA to address this in the Phase 2 award. SGLB is on the right track and staying there.