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Digital twin software and IPQA are two completely different things.
Do DD.
Not all users need PR3D so OEMs aren't going to spend an extraordinary amount of money to market and explain it's capabilities.
Business 101
Yes like integrating into OEM like we already have multiple contracts to do, and users are realizing that their metal am printers are not capable of also inspecting the part in real time, so they signed a contract with a sigma labs to use their Like Woodward Siemens Honeywell solar turbines etc.
Preliminary CEO?
Massy situation?
The company laughs at the emails sent like this. Literally.
The members literally laugh at them.
They're warrantless and show no business experience or expertise.
Maybe just sell and move on.
Glta SGLB
Yeah that's the perfect plan on how those two are going to make money.
Own a majority of the shares, let shorters take the PPS down to nothing and destroy the valuation of the company, and then sell for a fraction of what they could have possibly earned.
must have a masters in business because that would be a genius.
Have worked for Warren Buffett?
Or maybe the author of this idea is just writing this at a seafood buffet on a complimentary ticket from the casino.
Amazing work.
Glta SGLB
Omg they're working with GE so they can POSSIBLY be working with Sigma Labs too bc they are mortal enemies, even though they still have open projects together.
Is that what you're inferring here?
Aerojet is cheating on us and has moved on?
The beauty of an open market is that you can work with multiple companies simultaneously.
So when you sign a contract with the company like Sigma Labs because their technology goes above and beyond the capabilities of other companies in the industry, you can still work with other companies and then incorporate the technology of Sigma labs with another company's technology to create an even better version of both.
If you take a look over the 2017 financials, a lot of the expenditures were necessary for uplisting, and creating relationships with prominent companies to gain potential sales channels.
Over 800K was due to SEC filing and other related fees for financial purposes.
500K to Morf
250K to Jaguar.
That's 1.5M added to our expenses, which made the year look a lot worse than it was.
If you take those off, we lower from 4.5 M
To 3M, which is then a much more reasonable increase from 2.2 M loss in 2016.
That increase is easily accounted for, thru G&A increased payroll, and R&D to improve our product.
This means that our current cash position is more than well enough for 2018.
That 750K is coming back, 500K already returned by Morf.
Metal parts are a small and rapidly growing segment of this overall market space as AM or 3D printing moves from just making models to making actual, fully functional parts.
Large end users such as Honeywell Aerospace, GEA and Boeing Defense view AM as an enabling process for many components.
A report in a series by Deloitte University Press on additive manufacturing published in Fall 2015 titled, “3D Opportunity For Quality Assurance and Parts Qualification,” states that, “[o]ne of the most important barriers is the qualification of AM-produced parts. So crucial is this issue, in fact, that many characterize quality assurance (QA) as the single biggest hurdle to widespread adoption of AM technology, particularly for metal.” We believe that OEM end user companies as well as first-tier suppliers cannot achieve their long-term AM production goals without advanced quality assurance and control technologies for metal AM parts because current quality control methods are not sufficient to reliably allow cost-effective manufacturing of safety- and performance-critical metal parts.
We believe that our PrintRite3D® CAI technology would directly address this “important barrier” for metal parts and allow such AM applications to move forward. In response to this need, we have experienced an increase in our installed base of PrintRite3D® systems and we are beginning to provide material & process engineering services and support for our
***PrintRite3D® software licenses for our installed base at
GEA,
Honeywell Aerospace
Spartacus3D,
Additive Industries,
Aerojet Rocketdyne,
3D Material Technologies, LLC,
Woodward,
Siemens,
Pratt & Whitney,
and the Edison Welding Institute (“EWI”).
By using PrintRite3D® software, a high-precision manufacturer would have the ability to offer its customers product warranties and assurances that its printed parts were produced in compliance with stringent quality requirements.
Orders for our software have been received from
Honeywell Aerospace,
Aerojet Rocketdyne,
Woodward,
Siemens Turbomachinery,
Pratt and Whitney,
and Solar Turbines.
We have ongoing contracts that include a Phase 3 project with Honeywell Aerospace funded by the Defense Advanced Projects Agency (“DARPA”) on the application of our PrintRite3D® technology to performance-critical AM metal parts for aerospace. This project is vitally important because it provided an early opportunity to demonstrate how our IPQA®-enabled PrintRite3D® software Apps will reduce our customers’ reliance on unnecessary post process inspection, ultimately reducing costs and improving quality for AM of highly critical aerospace metal components. Also, we were a participant on a GEA led team of companies and universities, which was awarded a research contract by the National Additive Manufacturing Innovation Institute (“NAMII” or America Makes) titled, “In-Process Quality Assurance™ for Laser Powder Bed Production of Aerospace Components”. The contract has the stated objective of maturing our In-Process-Quality-Assurance™ (IPQA®) technology for aerospace applications by leveraging a development approach incorporating multiple AM OEM machines, multiple superalloys, and multiple product intent aerospace components. In support of this effort, we were awarded related contracts from the subcontractor Aerojet Rocketdyne to install one of our PrintRite3D® systems and software Apps on a Concept Laser M2 metal AM machine at Aerojet Rocketdyne’s Canoga Park, California facility, as well as a contract from Honeywell Aerospace to make initial test specimens for reliability and repeatability testing using our EOS M290 printer. We were also part of a large research team, led by the Edison Welding Institute that was awarded a grant funded by the National Institute of Standards (“NIST”) to ensure that quality parts are produced and certified for use in products made by a variety of industries and their supply chains. The emphasis was on providing tools needed for additive manufacturing applications to progress from prototype to serial production. This program was successfully completed in Fall 2015. We are currently a subcontractor to Honeywell Aerospace who was awarded a program in 2015 by America Makes which is designed to address Design for Additive Manufacturing (“DFAM”) issues. In support of this program, we will use our EOS M290 printer to build canonical shapes and mechanical test specimens for evaluation by Honeywell Aerospace.
No it's literally $500 from the failed Arete joint venture.
It's been on the books since inception of the venture.
It was discussed in previous conference calls. Arete was basically a sham and was dishonest about their assets and ability to purchase multiple printers, they were supposed to house and operate multiple printers while we supplied the software. We were going to, together, make parts for end users.
July 2015, we entered into a joint venture agreement with Arete Innovative Solutions LLC (“Arete”). The Joint Venture was not consolidated, but rather was accounted for on the equity method of recording investments. There were no operating activities during the fiscal 2017 and net operations resulted in a loss on the investment of $105 in fiscal 2016. The Company and Arete agreed in 2017 to terminate the Joint Venture and are in the process of paying final costs. The remaining cash asset of the company will be distributed to the former partners in 2018.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-1
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
Sigma Labs, Inc
Maximum of approximately $1,308,300 of gross proceeds from the exercise of Warrants by selling stockholders to the extent they are exercised on a cash basis, which proceeds we expect to use for general corporate purposes and for working capital.
http://app.quotemedia.com/quotetools/showFiling.go?webmasterId=101649&name=SIGMA%20LABS,%20INC.:%20S-1,%20Sub-Doc%201&link=http%3A//quotemedia.10kwizard.com/filing.xml%3Frid%3D23%26ipage%3D12225893%26DSEQ%3D1%26SQDESC%3DSECTION_BODY%26doc%3D1&cp=on&type=HTML#a_019
They know how to read our financial position and purchase shares or exercise shares they were awarded when it makes Financial sense.
Thus when our assets were above our valuation, it makes sense to purchase shares or exercise awarded shares.
When our valuation was above our assets, a smart investor does not purchase share or exercise awarded shares.
It's not rocket science, it's smart investing
They didn't take advantage of any shareholders, they simply made the best decisions for themselves, which is completely allowable by law.
You said they were giving them for free, I was quoting you.
My argument was that they were not giving them for free they were award to them based on their performance as allowable through the employee share program voted for by each individual shareholder.
And being a "Long" does not mean that you can just buy shares when they company is extremely overvalued and then hope that they will provide you a return on your investment.
That is not how investing works, it is up to each individual investor to do their due diligence and buy shares when they are at a price at which you can achieve a return on your investment.
To Simply randomly purchase shares of any company and think that they will appreciate and valuation is absolutely absurd.
They were awarded these shares based on the program that each individual shareholder voted for.
Just because they were smart enough to use those shares when the company was at an extremely low valuation does not make it illegal in any way shape or form. They earned these shares through the program that was voted for by the shareholders.
Since they are smart enough to look at our earnings reports they know when we are overvalued, and when we are undervalued.
The entire time we were extremely overvalued they would not exercise their shares because it doesn't make sense.
Now that we are undervalued and the company and Industry is picking up steam, it made Financial sense for them to use the shares they were awarded.
They're just better at investing than you, don't be jealous.
No one in the company is getting " free shares".
Mark Cola is the co-founder of the company and has put up the original funding to start the company on his own dime along with Vivek Dave.
Any private rounds of funding before the company went public we're all obviously paid for to make money to start the company.
That funding would then be converted into shares when the company moved into the public Realm.
Any shares awarded by the company have been agreed upon by all the directors of the company and in some cases voted upon by each and every individual shareholder.
It is absolutely illegal for anyone within the company to magically Grant themselves shares for absolutely no reason.
Any shares awarded are defined in the employee plan that was voted for by shareholders.
In many situations employees were given the option to purchase shares instead of money. Most people would not even consider that, however Sigma Labs employees and certain scenarios made that sacrifice of instead of receiving an actual paycheck received these awarded shares, that they could convert at their discretion.
The slanderous remarks that the company is giving its employees shares at particular times for particular reasons is absolutely ludicrous.
The company has awarded shares throughout the history of his existence at much higher price per share amounts.
So how come nobody mentioned this when they were awarding shares at$11,$8,$6, $5?
Only now when a handful of directors were intelligent enough to realize that our valuation was very undervalued and they exercise their right to utilize those awarded shares people have a problem?
In the scenario of a sell out of the company, all investors would benefit unless you bought at a ridiculous price when the company was extremely overvalued, at which that is your fault for making a bad investment.
So to now blame the company about your bad investment decisions is rediculous.
Same here...might pick up some more on the rebound if it drops again.
Many have been chasing this week when it was around 1.10 and orders kept asking higher and higher all week.
Then today obviously someone bought in big.
Glta
SGLB
Ustpo updates
US---- 9911
04-12-2018
Case Docketed to Examiner in GAU
Ustpo updates -4893
DateTransaction Description
05-01-2018 Electronic Review
05-01-2018 Email Notification
05-01-2018 Mail Notice of Allowance
How would it possibly involve under the table money, the things you are doing are insinuating that the company is breaking the law and SEC regulations which is not only slander, but is also illegal, so I would watch what you say.
Glta SGLB
The press release wasn't specifically to sell the company it was merely a part of his contract which also included stock-based compensation 4 performance in which the stock price Rises.
Also the $8 figure was the minimum price.
Yeah that makes perfect sense for all the Insiders who already own shares. Bring down the price as low as possible and then sell at the lowest possible price. LOL what a joke
Automotive continues to show interest in Additive. Opening of a Trillion dollar industry expanding.
Sigma already has signed an NDA with Michelin Fives and BMW.
Glta
SGLB
http://www.rapidreadytech.com/2018/04/audi-expands-3d-printing-efforts/
Or did you seriously think I don't check dates on every document I read? :)
Everything I post has more than what meets the naked eye.
Glta
SGLB
And we've developed significantly since then both in software and expertise personnel.
Excellent deduction.
That's part of the reason I posted it.
Search citation 22, sigma labs and Honeywell.
Non-Destructive Techniques and
Technologies for Qualification of Additive
Manufactured Parts and Processes:
7.3 Internal Defects
Porosity is, by far, the most investigated and documented defect in the additive manufacturing literature. A scholar.google.com search for "additive manufacturing" and porosity returns 3,760 results; contrast this with the 1,020 returned for metal precipitate, 208 for microcrack, or even the 170 returned for NDE or NDT and "additive manufacturing". This is, perhaps, because porosity is relatively easy to measure, or at the least approximate, and has historically been one of the major hurdles in additive manufactured metal parts. Perhaps the simplest method of approximating the porosity of a part is to divide its measured mass by the part volume as computed from the input CAD, a 3D scan of the built part, or from images collected during the
build phase post-processed to calculate the final part shape 22. Provided that the fully-dense density is known, a simple comparison of the measured and theoretical densities produces the
porosity [297]. Other NDE methods for measuring/visualizing porosity include: Archimedes' principle, computed tomography, ultrasonic NDT, radiography and thermography.
22 Commercial implementation of such a technology, applicable to SLM, is being developed as a collaboration between Sigma Labs' B6 Sigma and Honeywell Aerospace [296].
https://www.google.com/url?sa=t&source=web&rct=j&url=http://cradpdf.drdc-rddc.gc.ca/PDFS/unc200/p801800_A1b.pdf&ved=2ahUKEwjssPPR_uXaAhVL8IMKHTq_D40QFjAEegQIARAB&usg=AOvVaw3JOdupH58gB1BSucXFt6kS
Yes, Honeywell is still utilizing our systems, however they have not mentioned transferring that intellectual property over to Sintavia, or advising them to use it at this point.
It wasn't about Honeywell using our technology, it's about sintavia using our technology, which according to this representative of their company, he believes they will use it in the future when they enter production of actual Aerospace parts instead of just R&D which they are doing right now for Honeywell
When I talked to Sintavia, their representative explained that they are simply only doing R&D test builds right now which are just so simple spherical rods that you see and many of the research papers that I have previously posted.
I asked him if this was a solution, just using CT scanning to be able to mass produce parts for Honeywell.
He stated that it is absolutely not.
It cost far too much money and takes far too much time to print at a mass production level.
I asked if Honeywell had mentioned having Sintavia use IPQA, and he stated that he couldn't really speak on that, but he then said again that at this time they are only doing test builds of simple designs, so they aren't even to the point where they would be using IPQA yet.
He stated that he, "hopes they start using it soon, as CT scanning every part is very tedious." And that they probably will use it in time, once they start making actual parts.
IIOT OXYS is extremely overvalued right now, if you look at their current assets, I'm sure they are not in great shape.
They are as overvalued as Sigma Labs was a few years ago.
Still trading on the OTC, so the shorts haven't got them yet.
Once they start attempting to raise funds you will see the same exact scenario occur to them that happened to Sigma labs.
Dilution, shorting, funding, valuation crashes, unless they are able to post revenues in the multi-millions while this is occurring, which seems unlikely.
If you haven't already, check out Siemens early adopter program video that shows how simple it can be to implement multiple software Solutions into one digital platform, it's quite amazing.
But, what is needed for that to happen is strong Computing capabilities such as oxys iiot, but also very strong well written software, that collects the data and compresses it to a point that it is easily transferable over the industrial internet and transferable from program to program.
Their valuation is currently higher simply because they are overvalued if you look at their books.
Glta SGLB
Talked with a Sintavia representative multiple times at RAPID about their current relationship with Honeywell.
Currently doing R&D and post process CT scanning.
But, the representative definitely agreed that and in process monitoring software would be necessary for mass production of high end Aerospace parts.
Did not specify as not to reveal IP...but, Honeywell thinks very highly of our software as the use it currently and performed multiple government DoD studies using sigma labs tech.
One may find it plausible they would want their suppliers to use similar QA solutions.
Glta
SGLB
Definitely :)
Great thinking, you're absolutely right, you seem to really understand the market and industry Sigma Labs is in. Great things ahead, buy low :)
Glta SGLB
As have four insiders, picking up 44k shares each which was about a 4-5x increase to what they previously owned if not more for most of them.
Insiders generally have a pretty good idea of where the company and industry is headed.
RAPID, upcoming AMC conference, patents moving forward, Siemens released EAP for their Additive manufacturing network, whom we already have worked with for years now.
Multiple production contracts in hand, many service providers and tier 1 suppliers showing interest, similar to Woodward.
I wouldn't be surprised if we hear of some updates on companies like these soon as the industry is moving towards production.
High end Aerospace providers need compliance to design intent data.
Glta SGLB
Level 2 someone's got 16k shares at 1.18.
Weird price to pick lol. Let's see if it gets filled
Hmm ....Siemens creating an Additive Manufacturing Network, with an
"Early Adopter Program".
What kind of insane company would give discounted prices to attract others to put their software into their platform to make it more effective?
Their current capabilities are amazing, giving the user the ability to select multiple builds and multiple printers on the same program, able to click each individual one and see their progress as well as current reports on each individual part.
This is exactly the type of platform Sigma would be perfectly able to fit on, perhaps the reason we have a collaboration with materialize and Siemens, who is also currently using our software for production purposes.
I'm sure they're well aware of what our software can do on the production side, so that seems to be an obvious foot in the door to be included into their platform, if it isn't being negotiated already.
The industry is definitely moving at an extremely rapid pace, as the software catches up to the hardware, the synchronization will allow for mass production and we all know in-process quality monitoring is a lead factor in the ability to use as of manufacturing for mass production.
Check out the video they have as their demo, it's quite impressive.
I'm sure in time, if not already being developed, there will be an icon with a sigma labs symbol, where a user can ensure the quality of each part in real time.
http://m.siemens.com/en/press/pressreleases/pressrelease.php?detail=http://www.siemens.com/press/en/pressrelease/2018/digitalfactory/pr2018040255dfen.htm?content%5B%5D=DF
Glta SGLB
When Mark predicted our commerical based solution would be available in 2018, and also due to the industry understanding the correlation of in process quality monitoring data to qualify material characteristics of each part.
In process quality monitoring standards due this summer, patents moving forward.
Collaboration with NIST contract signed.
Multiple production contracts in hand with multi-billion dollar operations.
https://companyweek.com/company-profile/sigma-labs
EAPs ending and companies heading into production all across the globe.
Metal AM machine sales up 80% YoY.
Just a matter of time
Glta
SGLB
Mark Cola speaking at AMC in Pittsburgh.
May 10th 2pm
Integrated control process toolbox for Metal AM with titanium and nickel based alloys
Other speakers
EWI
NIST
GE
ANSYS
ASTM
LPW
Sandia National Labs
AddUp
AddiTec
Retsch
Quite a list to be a part of and presenting at.
Look at those names and realize Sigma Labs is amongst them in this industry.
Our software is well known within the highest level of the AM industry.
Sigma Labs.
https://www.linkedin.com/feed/update/urn:li:activity:6395681535420354564
Glta SGLB
Very good points.
Also, when you mention Pratt and others talking about 20- 30 printers for production....
There are companies currently looking at the possibility of production well above that number of machines.
Some 200+ machines
This was some of the buzz at Rapid.
Companies are scaling up in tremendous fashion. The smaller companies are looking from going from 2 printers to 20 and the Giants going from 20 to 200.
Just like we've seen Morf acquire 2 M400s with a LOI to acquire 10 in the near future.
Anyone who wants great margins and quality parts will turn, or have already turned to Sigma Labs.
The larger companies need a worldwide supply chain of service Bureau companies like GKN, Oerlikon, Morf 3d, Sintavia, and many others.
These smaller companies are located all over the globe and once the digital supply chain using iot Technologies is set up and viable, these small companies will suddenly be in need of many more machines.
And since they will be supplying high end Aerospace parts and others of the sort, they will most likely need the same stringent quality assurance certifications that the big players also use.
Exactly.
We have four production customers whose EAPs all end relativily soon at various times
We have a collaboration with NIST who is currently writing standards for in process quality monitoring for the additive manufacturing process.
We are currently working with global additive manufacturing Giants in the industry such as Honeywell, Pratt & Whitney, Siemens, Solar turbines. These four alone have nearly unlimited resources and have all signed production contracts with us.
Once there early adopter programs and, they will start using our software for production purposes, as some of them have already signed contract specifically stating that they will use our software for production.
Their suppliers such as sintavia, Oerlikon, Morf3d, Spartacus3d, and many others, make up a significant portion of the current owners of AM machines.
Once the Big Daddy's using our software for traduction realize how efficient it is, they will pass it down to their tier-1 suppliers in order to get the same quality they are producing themselves.
Our collaboration with LZN, also too qualify the additive manufacturing process isn't just for one little company, it is for the entire German Market.
Arguably the largest additive manufacturing Market globally right now.
Sigma Labs has been able to sign contracts with companies all over the globe and will continue to.
More production contracts, less R&D.
More personell to increase production capabilities.
Have you never had experience with a start up before?
Uhhhh look at their PRs thru the years, we've progressively signed more and more contracts.
Perhaps they would sell a majority control of the company for $40 million, but remain a separate entity, allowing the company to enjoy the benefits of a buyout, while current Shareholders would continue to hold shares and reap any benefits of continued growth or dividends,
Similar to when GE took a controlling stake in Arcam, their stock doubled, and GE eventually went to the institutionals and bought their shares as well for an even higher price.
But, as of now that couldn't happen as the recently authorized shares have not been issued.
I don't think Sigma would sell out unless the greatly appreciated in valuation first.
It wouldn't be a smart business decision to sell low.
Sigma has continued to sign additional contracts which will lead to revenues, which will lead to profitability, which will lead to more assets which will lead to a higher valuation.
I could see Sigma continuing the business until they are around a $40M valuation, then taking a buyout for a significantly higher price.
There's too many production contracts on the table or coming soon once the EAPs expire.
Not to mention patents moving forward and standards due for IPQM this summer.
Businesses don't sell at their low point when they have invested a significant amount of money to GROW the company.
They have to grow it, then sell it, if that's the plan.
It hasn't taken off because the companies who aren't working with us do not trust in the data provided by melt pool monitoring because their software isn't as complete as ours.
Every OEM who is capable of collecting melt pool data, has multiple issues. Either they do not have the proper algorithms to compress the data to reasonable sizes, or they do not have the software to properly interpret the data.
So all they are left with is the data from the photodiodes that simply tells them if the Melt pool stays within the parameters that are necessary for the particular built.
It is a simple graph with two horizontal lines with the Melt pool data in the middle of those lines skewing up and down slightly. If the data crosses through the horizontal parameter lines on the graph, the OEM knows that something went wrong, they just have no idea what.
When speaking with the oems about this issue and what they do with this data, their response is generally along the lines of, "well, we just put in into the cloud and that's up to the end user to decide."
When it comes to high-end Aerospace, medical, defense parts, we all know that this data can't just be thrown away into the cloud. In-process quality monitoring data needs to show that the design was properly followed with undeniable evidence, so that in the event of a part failure, the producer of that part can show evidence that they properly inspected the part as it was being built and it followed every process parameter necessary to prove characteristics such as porosity, cracking, fatigue, and others. Sigma Labs software is the only commercially available in process Quality monitoring solution capable of this.
Sigma labs is the only software that currently provides a real-time 3D mapping of the thermal emissions of the melt pool, which shows multiple property characteristics of the part being built.
Sigma Labs is the only software that can be compared to prediction software data such as our collaboration with 3D Sim proved, that shows our data directly correlates with simulation data.
This proves that both softwares are either predicting or inspecting to a very high level degree of accuracy.
Without them, companies are risking producing a high volume of parts and not knowing the property characteristics of each individual part, which is why we see currently the companies that are attempting heading to mass production without a viable in process quality monitoring solution heavily investing in post-process inspection to the point that additive manufacturing is no longer profitable.
Cut and see doesn't work with additive manufacturing. CT scanning every part doesn't work with additive Manufacturing.
Any company that tries production using this method will see in time that they have a yield issue.
When this occurs they will then turn to guess who... Sigma Labs.
The best way for any company to insure their margins on mass production of additive manufacturing parts will be using a viable and process quality monitoring software, which as of now Sigma Labs is the first to Market and has the most advanced in the industry.
Glta SGLB
We are already several steps ahead of that being part of the NIST testbed and being studied by NIST since 2015, studies and white papers specifically using Sigma labs technologies have been published stating this.
I believe the first paper was published in 2016, and lo and behold 2 years later we sign a collaboration with them to qualify powder and eventually parts.
Search "brandon lane nist testbed additive manufacturing sigma labs study"
There's multiple scientific research papers published on the subject.
They have been using our technology to qualify part parameters for years.
Scientists have not been losing money on Sigma Labs at all whatsoever.
In fact scientists have been profiting off Sigma labs by the collaborations that we've had through the multiple Department of Defense programs including DARPA, America makes, aerojet Rocketdyne with USAF, NIST using our software in multiple studies since 2015, Honeywell and aerojet Rocketdyne using our technology to qualify powder and parts on different types of machines to prove it is applicable and consistent regardless of the printer type and powder type,
These R&D projects have held us afloat since Inception of the company.
Yes, as a startup that initially had four full-time employees, and an undeveloped product, of course we were going to undergo a decent amount of funding and costs in advancement of our software as well as personnel, as well as uplisting to NASDAQ.
Since that time, these few scientists, that were simultaneously running the company were able to advance the software to multiple products capable of entering a commercialized setting for mass production of additive manufactured parts.
In all reality, since our technology was semi developed through Los Alamos laboratory over decades, we had a very significant Head Start as far as the software and funding goes.
Any other company who decides to create and in process quality monitoring software now will be very much more costly in both time and money.
Sigma Labs Personnel have been doing this for a very long time and are some of the most intelligent metallurgists in the field with the most extensive backgrounds between Mark Cola and Vivek Dave, and many of our recent hires from Intel, and other software engineers.