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I agree with you Quarryman. The foundation that Sigma Labs is building is undeniable. GE, Honeywell, Materialize, Additive Industries, etc.. This is a company that could be a prime target for an acquisition. I'd like to see them uplist first with increasing revenue before being acquired. An acquisition is no pipe dream. SGLB is addressing a critical AM need that the leading AM manufacturers are saying is needed for mass production of high quality AM parts. I'll believe what the Fortune 500 players are saying and doing before anyone's pipe dreaming.
http://3dprint.com/69420/paris-air-show-stratasys/
"3D printing is leading to higher quality components that can be produced faster and more affordably; in fact, most aerospace companies these days are using 3D printing in one way, shape, or form"
"Many Stratasys clients, including NASA, are clearly demonstrating the positive changes they are all able to make using 3D printed components, as well as meeting crucial deadlines faster."
NASA is well aware of Sigma Labs NDE process. SGLB is addressing a critical need with Nondestructive Evaluation of Additive
Manufacturing. See Page 5
http://ntrs.nasa.gov/archive/nasa/casi.ntrs.nasa.gov/20150001636.pdf
I definitely believe so Z. GE is making sure that FAA approves their aerospace AM process with the ODA from FAA. GE already got the first 3D printed part approved from FAA. There will be more to follow like the fuel nozzles and the LEAP engine itself. This will validate SGLB's IPQA process. The AM tidal wave is coming. I'm glad to be among this SGLB board of investors who have the foresight to see it.
Absolute agreement here!! AM production is ramping up and SGLB has a key enabling technology to support it and save money. It's a matter of time my shares are not going anywhere. Have a great weekend!
No worries. FNMA is hiring just not offering a pension plan anymore. http://www.fanniemae.com/portal/about-us/careers/job-search.html#top
Kanya, Glad to see you post this article. It reminds me of the additional AM parts that will need quality assurance/verification. It's great to be working in Lock Step with a company that has so much pent up demand for verification of AM parts.
Great article. Thanks JJ!
Excellent post with great explanation! Thanks JJ'
"Industrial 3-D printing is at a tipping point, about to go mainstream in a big way. Most executives don’t realize it, but this technology has moved well beyond prototyping, rapid tooling, trinkets and toys. “Additive manufacturing” is creating durable and safe products for sale to real customers in moderate to large quantities.
The beginnings of the revolution show up in a 2014 PricewaterhouseCoopers survey of more than 100 manufacturing companies. At the time of the survey, 11% had already switched to volume production of 3-D-printed parts or products. According to Gartner analysts, a technology is “mainstream” when it reaches an adoption level of 20%.
Among the numerous companies using 3-D printing to ramp up production are General Electric, Boeing and Google. More companies will follow as the range of printable materials continues to expand. In addition to basic plastics and photosensitive resins, these already include ceramics, cement, glass and numerous metals."
http://www.brw.com.au/p/tech-gadgets/the_printed_jetfighter_how_mainstream_nV55VplgDpLfQD4muFUrJL
Yes, Chef I agree. Addlab is a privately funded 3D factory in the Netherlands. http://addlab.com/Home Additive Industries is one of the partners.
Happy to be invested in SGLB considering their involvement with Additive Industries, GE Aviation, Honeywell, military, government and others. SGLB is laying a great foundation! MetalFab1 beta by Q1 2016! GE Aviation production in 2016 and Honeywell DARPA phase 2 complete in 2016! Looking forward to this time next year!
I believe that was Holden Lewis of Oppenheimer. He's a senior analyst at Oppenheimer. IMHO it is a big deal to start having visibility at his level. Please see http://www.smarteranalyst.com/tag/holden-lewis/
GO $SGLB :)
Great to see you back JJ! I was quite frankly surprised too. I think it speaks volumes to the complexity of developing such a system and the lack of truly open standards to accomplish it. That being said I still feel great about the future potential of SGLB's Printrite3D.
Sorry Chef, Those were good questions. The phone sequence to ask questions was *1 and to cancel *2. They were able to take my questions. I hope that you can ask your questions at the next CC.
Thanks for this find Silversmith! Interesting times are upon us.
Yes, I hear ya. I would not be surprised if SGLB is acquired.
Thanks Jackle. Sounds like a logical conclusion to me. We know the GE is selling off GE Capital to focus on manufacturing. http://www.usatoday.com/story/money/business/2015/04/10/ge-selling-real-estate-assets/25564855/ This will result in billions freed up for further investment as they focus on manufacturing. GE knows that they need to ramp up production quickly. I saw that Boeing article in Wall Street Journal about increasing jet production. http://www.wsj.com/articles/boeing-confident-on-jet-output-accelerating-cost-cutting-1431442500 SGLB has proved that their PrintRite 3D is machine agnostic with the successful intregration into the EOS M290. This successful integration let GE and others know that it is possible to integrate with other AM machines. I believe that we are on the verge of a very nice contract as we provide AM industry with the ability to save money and time. GE is one company that needs this quickly due to the production schedules. Boeing has $435 billion in backorders to fill and GE/CFM have got to deliver. I believe that the JTDA and all the testing with PrintRite 3D is about to bear fruit for SGLB and us LONG patient shareholders.
I'm hoping pps stays here a little while longer as I have to wait a few weeks for some extra money that I'm earmarking for SGLB :)
Thanks for sharing the link and congrats on your accumulation of shares. This board has some very dedicated Longs and I believe a larger percentage of the outstanding shares than some realize :)
Very Nice! Thanks for sharing. Funny how the article mentions how the 3d printing part fuses better to the bone just like SGLB's dental implants :)
Jackle thanks for the post. Here's a link to Addlab for those who are unfamiliar with it. Please check out the Addlab members and what they do. http://addlab.com/Partners I agree with you Jackle that this connection with Additive Industries is huge. I like how Mark is constantly looking for opportunities to showcase PrintRite3d and partner with international companies. I'm very excited for SGLB's long term future.
Yes, I agree along with the closed loop process which is a big reason that I believe GE went with SGLB. I do not see GE doing any other JTDA with companies regarding AM closed loop. It is just SGLB. GE is going with PrinteRite 3D as they have been testing and improving this for over two years now. If anyone finds another company that GE is working with testing closed loop then please post the link.
http://oakshirefinancial.com/2014/03/19/going-long-stigma-labs/
Unlike other micro-cap companies in the 3D space which are long on claims but short on real products or potential, Sigma is already doing business with manufacturing giant GE. GE has asked Sigma to develop its PrintRite3D system to the point where it will operate as a “closed loop”— feeding information back to the printer so it can make real time adjustments. GE’s key concern, and what Sigma Labs is best prepared to address, is unmelted metal powder entrapment in the additive manufacturing process.
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.” Currently, Sigma is the only company known to be working on this closed loop inspection technology, and their impressive array of patents protecting the process should make it difficult for other companies to compete any time soon.
Jackle, You said it. I could not agree more. I'm excited to be a part of watching the SGLB story unfold and to be a among a group of AM investment visionaries on this board. May SGLB's future be as grand as we believe it will be based on our analysis of copious DD. GLTU and GLTA!
Awesome news today! It is huge confirmation of what many of us Dot Connectors have been saying for a while now. This is the beginning and I'm looking forward to the continued journey of success. I'm very glad to be here in SGLB land! GLTA!
Chef, SGLB won the DARPA Phase II award with Honeywell.
http://www.prnewswire.com/news-releases/sigma-labs-wins-phase-ii-darpa-contract-with-honeywell-281284911.html
I believe one of the other Longs can provide the link to the Honeywell presentation which shows SGLB's IPQA built into the framework.
I'm looking forward to more continued developments with SGLB. I continue to believe that following the commercial release of Deform the contracts will come. SGLB being included in the ICME framework IMO is absolutely HUGE. Next Year is end of Phase 2 with DARPA. ICME framework will be enormous. SGLBers should follow ICME plans to realize the potential BTW a conference is coming up soon.
//www.tms.org/meetings/2015/icme2015/home.aspx#.VUQTwyFVikoial.
Remember back in 2013 when "A representative from a major turbine engine manufacturer provided an introductory presentation outlining a vision of ICME and how it will impact the means and processes used in industry to design and manufacture aerospace systems. Implementation of ICME will not just introduce new technologies, it will cause fairly significant shifts in culture, communication modalities, and engineering practices throughout the entire ICME supply chain to include prime contractors, materials suppliers, software vendors, materials testing entities, academia, professional societies and government organizations."
www.dtic.mil/cgi-bin/GetTRDoc?AD=ADA590928
I am patiently waiting even through delays as $SGLB will IMO be a life changer for many Longs with vision and patience.
Nice article on how 3-D Printing Revolution is expected to unfold from the Harvard Business Review.
https://hbr.org/2015/05/the-3-d-printing-revolution
in fairly short order, power will migrate from producers to large systems integrators, which will set up branded platforms with common standards to coordinate and support the system. They’ll foster innovation through open sourcing and acquiring or partnering with smaller companies that meet high standards of quality.
I'm betting that an AM leader will want to acquire not just partner with SGLB. We shall see. GLTA GO $SGLB!
Jackle,Thanks much for all the great posts! Lots of continued confirmation for SGLB's future success.
Thanks Jackle that's a great reminder. NDA's will prevent us from knowing what is happening behind the scene. IMO contract awards are coming as soon as GE and others are ready to mass produce critical AM parts. They need to get the supply chain lined up and That time shortens by the day.
Thanks much ledude! The need for SGLB is constantly and consistently being verified. It is only a matter of time.
Jackle, I definitely agree with your sentiment. Folks are overlooking the history and the connections and will be chasing the pps when reality finally dawns. The past dictates the present as the present does the future. These company relationships result in joint ventures, and acquisitions. These relationships are powerful and revenue generating. Here's a snippet of history for some to review.
"When GE Aviation opens next year its first additive manufacturing plant — one of the first to mass produce additive components — the factory floor will hold technology some 30 years in the making.
Additive, or 3-D manufacturing, is not new. The process creates solid objects from a digital file by printing thin layers of material one on top of another. Traditional manufacturing machines material away to get to the end object.
What’s new is a GE Aviation joint venture in 2016 will fly its first jet engine containing parts made by 3-D manufacturing.
However, GE did not develop 3-D on its own. The jet engine maker partnered with and later acquired locally-based Morris Technologies Inc., which traces its roots back to three business partners, a single used machine, and engineering software in 1994.
That year, Greg Morris and his brother Wendell Morris, sixth generation steel workers, left the family business. They partnered with Bill Noack to start Morris Technologies in Blue Ash to do rapid prototyping, now more commonly known as 3-D printing.
Morris did not invent the technology. But industry holds the team responsible for 3-D manufacturing innovations using metal, thus creating viable, end-user parts.
Initially, Morris Technologies worked with customers such as GE Aviation and Procter & Gamble to make prototypes, molds and test products, eventually relocating to bigger space in Sharonville.
“We could produce the components faster because we went right from the digital CAD file to growing the part,” Greg Morris said. “We were able to create complexity in the parts that you otherwise couldn’t get.”
In 2003, Morris Technologies introduced the first direct metal laser sintering machine to North America, allowing parts to be grown from advanced metal materials. It was purchased from German equipment manufacturer Electro Optical Systems. Two years later, Morris Technologies and EOS reached an agreement to introduce next generation equipment using the new alloy cobalt chromium.
“That was the turning point for us,” Morris said.
As capabilities grew, the business partners started in 2007 sister company Rapid Quality Manufacturing in West Chester Twp. for 3-D printing production.
Morris Technologies and Rapid Quality were acquired in 2012 by long-time customer, Evendale-based GE Aviation.
“We actually at the time of the acquisition had the largest additive metals capacity in the world, so we had the most number of machines and probably the most expertise in that area,” Morris said.
GE’s next commercial engine, LEAP, will have fuel nozzles made using the 3-D process.
An additive factory in Auburn, Ala., opens next year to produce the part for LEAP. Meanwhile, plans are to open a single-site Additive Development Center in West Chester Twp. for technology research and testing.
“The part that we are putting into the LEAP engine is a very big swing part. By that I mean this isn’t just a bracket, this isn’t just some mundane component. This is the fuel delivery component to the engine,” said Morris, now leader of additive technologies for GE Aviation."
http://www.daytondailynews.com/news/news/local-aerospace-industry-leads-pack-for-federal-fu/nhgQ8/
This technology has been around 30 years being developed, tested, fine tuned, tested, enhanced, and retested then back again. Revenues are coming. GE did not form the JTDA lightly.
Folks must remember $SGLB was the only company working on closed loop a year ago.
"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.” Currently, Sigma is the only company known to be working on this closed loop inspection technology, and their impressive array of patents protecting the process should make it difficult for other companies to compete any time soon."
http://oakshirefinancial.com/2014/03/19/going-long-stigma-labs/
Thanks for the post and links. I agree this year is gonna be an interesting one for us longs indeed. The Materialize acquisition of Cenat to enhance their quality control could be an indicator of what's to come for SGLB. GE is gearing up for possible acquisitions and I'm certain other major players will be doing the same in the AM space.
http://www.aviationpros.com/press_release/12065132/ge-aviation-business-base-growing
"GE Aviation is preparing for high production volumes with a significant expansion of its supply chain through new facilities, upgrades of existing plants, new joint ventures, and acquisitions."
Nice Find! Thanks for the post.
"Additive Manufacturing is increasingly used in the development of new products: from conceptual design to functional parts and tooling. However, today, variability in part quality due to inadequate dimensional tolerances, surface roughness, and defects, limits its broader acceptance for highvalue or mission-critical applications. While process control in general can limit this variability, it is impeded by a lack of adequate process measurement methods. Process control today is based on heuristics and experimental data, yielding limited improvement in part quality. The overall goal is to develop the measurement science1 necessary to make in-process measurement and real-time control possible in additive manufacturing."
This sounds exactly like what SGLB is addressing. I enjoy reports like this that show the absolute need for PrintRite 3D.
Excellent then and we'll celebrate with a toast to our good fortune at the SGLB ( Over a billion market valuation ) Party!
http://www.aviationpros.com/press_release/12065132/ge-aviation-business-base-growing
This year is going to be interesting
"GE Aviation is preparing for high production volumes with a significant expansion of its supply chain through new facilities, upgrades of existing plants, new joint ventures, and acquisitions."
JJ, thanks for your continued valuable contributions to this board. You have proven your point with considerable DD on the closed loop process. There is nothing left to prove. Closed loop process it is. Enjoy your weekend!
jj, I couldn't agree more :) EOS wants to see first hand what Sigma has done with their EOS and are most likely extremely interested in SGLB's IPQA. They realize that optical inspection is just not enough. Hmmmmm! Things are getting more interesting all the time.
Very Nice! Thanks jj! On display a turbofan made of nickel. Loving that! I bet I know who it's for! well maybe ;)
GE engineers are starting to explore how to use additive manufacturing with a wider range of metal alloys, including some materials specifically designed for 3-D printing. GE Aviation, for one, is looking to use titanium, aluminum, and nickel-chromium alloys. A single part could be made of multiple alloys, letting designers tailor its material characteristics in a way that’s not possible with casting. A blade for an engine or turbine, for example, could be made with different materials so that one end is optimized for strength and the other for heat resistance
http://www.technologyreview.com/featuredstory/513716/additive-manufacturing/
The Defense Science Board, a DoD advisory group, compiled a list of definitions for various levels of "commercial" buying. •Level 1. — DoD buys product from the original manufacturer and uses "as is."
• Level 2. — DoD buys product and makes "minor modifications" that don't affect functionality, such as painting the component a different color.
• Level 3. — DoD buys product and makes "significant modifications" that affect functionality, such as adding armored doors to a vehicle.
• Level 4 — DoD buys product from original manufacturer but specifies "significant modifications" in the purchase agreement which are made prior to delivery to the government.
• Level 5 — DoD buys product based on existing product but replaces subsystems with military-specified parts.
• Level 6 — DoD directs manufacturer or system integrator to modify prototype to fit needs.
• Level 7 — DoD directs manufacturer or system integrator to assemble component parts on existing systems into a new system.
• Level 8 — DoD purchases a product that doesn't yet exist, but uses commercial processes in development
Buying Commercial in DoD
"With Defense budgets on a downward trajectory, acquisition leaders from across the military services say they want to rely more on commercial products, not less.
"We're buying the state-of-the-market rather than state-of-the-art," said Rear Adm. John Korn, the Coast Guard's chief acquisition officer. "We're trying to be non-developmental as much as possible. If we can have open systems architecture and commercial equipment, it helps us standardize training and support and logistics."
The Army has started looking to commercial vendors to fulfill its needs as well. It's now regularly publishing the capability gaps that it needs to fill, hoping that industry already has a solution that won't require the military to build a new system from the ground up."
http://www.federalnewsradio.com/474/2872216/Buying-commercial-in-DoD-15-years-after-acquisition-reform