Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
T&L,
Thanks much for the post. It's nice to see another expert in the field give SGLB a great endorsement.
T&L,
Thanks for the post. I agree. Seems like something is up when they are acquiring more shares.
IF anybody has a link or found a pdf of the guideliens that came out of that JIP project. May you post it? I'll do the same if I ever find them.
https://www.metal-am.com/successful-closure-of-projects-for-qualification-of-additive-manufacturing-in-the-oil-gas-and-maritime-industries/
Thanks for posting Wick!
Thanks much Visionary. I'm hoping an option for PrintRited3D will be purchased as well with this order.
T&L,
Thank you. I appreciate your post. I really like seeing SGLB associated with standard's bodies! I'd love to see in-situ process monitoring and control as a standard for AM certification. I'm positive that SGLB will meet the standard quite easily.
I thought that it was a very nice letter to the shareholders. It's really about credibility at this point. I like last year's August letter to the shareholders as well with "Commercial orders are now on the horizon for Q3 2019 with a clear line of sight to breakeven operations by early 2020."
https://www.globenewswire.com/news-release/2019/08/15/1902500/0/en/Sigma-Labs-Issues-Shareholder-Letter.html
The problem is that management has consistently missed in predicting sales. I hope the Ruport is correct with his prediction of a sale by this quarter. ." We expect to begin to see these orders as early as Q2, and then more consistently as we continue to execute on our strategy."https://finance.yahoo.com/news/sigma-labs-issues-shareholder-letter-123100837.html
I have a small fortune invested in SGLB based on management's sales predictions. I would love for this one to be correct!
Visionary,
Thank you much for sharing this. I appreciate the DD!
I can only wish for the best at this point. JR had anticipated breakeven early 2020 last August which leads me to believe that some sales should be here now; in spite of, the revision by Mark R at the last con call that breakeven is now 2021.
I hope that this offering is to being used to fulfill those sales orders that are coming. Hopefully very soon before pps drops again...
Yeah train, I think someone is moving in. Let's see where we close today and tomorrow and by end of week or whether the pps collapses into the two's again.
Hmmmm. Wondering if a new player is moving in and good news on the way soon? Guess we'll see if pps holds.
Agreed! I hope this means that a production sale is imminent and not just another product release. SGLB really needs to deliver at this point after the revenue predictions made since MC and JR the past couple of years. They have certainly put a lot of work into development and collaborations with the best in the business.
Any news out??
Ted, Thanks for the heads up! SGLB should be ready to rock and roll now. Management has what they requested. I'm looking forward to hearing news of multiple unit sales for production runs soon.
Thanks Kanya,
I certainly am hopeful that his revenue predictions on quarter over quarter increases is correct. We've been waiting a long time for management to make an accurate prediction for revenue. I've continued to invest based on their predictions and it has not turned out well. I'm still LONG and believe in SGLB because I understand the importance of third party validation.
Yeah. My buy and hold strategy has not worked out so far but I still believe that SGLB will be successful in the LONG run. I've been accumulating since 2013 and the pps has been steadily going down. I like what SGLB has been building over the years ;thus, I keep sticking around.
I'm not ready for a takeover. Gotta get to 80 before I breakeven. SGLB has a long way to go. I'm hoping that Ruport's words can be trusted concerning quarter over quarter revenue increase.
Thanks. Great Point!
What is going on today? Crazy jump up in pps this morning
T&L,
Thanks for the link!
Thanks Diogenes of Sinope. Much Appreciated!
T&L,
Thanks. I agree. This is very pertinent. I certainly believe that this commercialization between MTLS and SGLB was driven by demand from industry for just such a jointly developed commercial product for AM process control. SGLB along with MTLS will be the Intel Inside. SGLB continues to move in the right direction with these commercial collaborations with the Biggest AM players in the world.
As they continue to develop and work out the kinks there will be another software release that AM companies agree will suit their needs for AM mass production. SGLB is closing in on their goals. The pps move north will be explosive after a couple quarters of multi-unit sales as Big Wall Street will finally take notice. The cheap shares are still here to be had, maybe for another few months, if sales revenue does roll in by end of this quarter.
Thanks again for the post. Can't wait to hear that GE is using PrintRite3d Inside
Herringaid,
You asked about my thoughts. My thoughts are that I'm disappointed in the lack of sales after being invested here for almost 7 years right along with you. I do feel that the investors were misled by MC with several statements over the years and John Rice last year. I believe that CEO's have a corporate responsibility to report and make fairly accurate forward looking statements which I do not feel has been the case concerning revenue growth. They know that investors are paying attention and investing based on what is being stated and anticipated by the CEO's. Here's a smattering of some of those statements which at the time excited me to continue investing since I've been a strong supporter and believer in the technology.
2015 MC says
Sigma labs will be a Additive Manufacturing Forum in Berlin March 11- 12th
https://www.additivemanufacturingforum.de/
Attendees list
https://www.additivemanufacturingforum.de/teilnehmer
Yes. Bring on the standards. This is what folks are waiting for; especially us LONGS! This will be great for SGLB.
https://3dprintingindustry.com/news/astm-international-is-developing-a-standard-for-lpbf-3d-printing-168183/
I posted a couple questions as well.
Anyone else listen to the webinar? I missed the first half. I did appreciate the questions from Mark R. The RTE's appear to be doing well. It's still a little more time. I've been holding and slowly accumulating every year since 2013. It's too bad I bought so high but still believing in the eventual success of SGLB.
I'm hoping that an update is coming on one of those Phase 2 RTE's that says one has completed successfully and that SGLB is waiting on an order. Our tech works as it's already been proven by that 6 year DARPA study. PrintRite3D is ready for primetime. I'm hoping that this huge offering is in preparation for orders to come; otherwise, I've been a nearly seven year LONG now for naught! Come on JR. Let's hear some very positive news!!
Our customer Airbus is ramping up production on the A320 planes. This will be great news for SGLB should the phase 2 evaluation complete successfully. Remember that the A320 neo runs on that LEAP engines that SGLB was being used to verify the quality of those fuel nozzles for. Interesting to note that Airbus still is concerned about their production issues. Hopefully SGLB to the rescue. I anticipate that we'll know the outcome of Phase 2 by end of this quarter.
https://www.aero-mag.com/airbus-mobile-expansion-a320-aircraft-deliveries/
As part of Airbus’s plan to produce 63 A320 aircraft per month in 2021, the company will expand its industrial footprint in the US.
The aerospace giant will increase the production rate of A320 family aircraft at its US manufacturing facility in Mobile to seven per month by the beginning of next year.
This increase, and continued recruiting for the A220 manufacturing team, will result in a further 275 jobs added at the Alabama-based facility over the next year.
The company will also invest another $40 million through construction of an additional support hangar on the site, bringing its total investment to more than $1 billion in the city.
Airbus’s announcement comes on top of strong growth in 2019, when the company added 600 new jobs at the manufacturing site. With plans already in place for production of four A220 aircraft per month in Mobile by the middle of the decade, Airbus is on track to produce more than 130 aircraft in Mobile each year for its airline customers.
General Electric Co. GE -0.25% and France’s Safran SA SAF -0.28% have struck a deal to increase production of engines for Airbus SE’s EADSY 2.31% rival to the 737 MAX, helping the pair deal with Boeing Co. BA -2.36% ’s production halt of its embattled plane, according to people familiar with the matter.
The agreement—made via the GE-Safran joint venture CFM International—will increase its output of LEAP 1A engines, one of two turbine options for the Airbus A320neo, to around 58% of total deliveries, the people said. The A320neo is the Airbus alternative to MAX aircraft.
Pratt & Whitney, a unit of United Technologies Corp. UTX 0.55% is due to slow output to about 42%, the people added. The share has previously been closer to a 50-50 split.
The timing of the deal is crucial for GE. The extended MAX grounding coupled with the production halt ordered this month have already strained GE finances, cutting cash flow by as much as $1.4 billion this year as factories produce fewer engines and GE can’t get fully paid for them.
“We have regular discussions” with plane builders “about potential rate increases,” a spokesman for CFM said in a statement.
“We are always in talks with our suppliers, those talks we keep confidential,” a spokesman for Airbus said.
A spokeswoman for Pratt & Whitney said the company’s geared turbofan engine used for the Airbus A320neo also powers aircraft made by Bombardier and Mitsubishi, adding that company plans on competing “for the one third of Neo commitments that have yet to select an engine.”
CFM has seen its market share on the Airbus craft gain in 2019 as a series of design glitches for the Pratt-made engine disrupted operations for some airlines. The enginemaker scooped up a major order from Pratt-customer Indigo in June to provide engines for some 280 aircraft for the Indian carrier. Deliveries are slated to start next year.
While the mix of engines being produced has changed, Airbus’s overall output of its A320neo will remain at 63 a month, the people said. The European plane maker, which has been studying the feasibility of increasing its total output rates, is still being plagued by its own production issues.
Envirosciguy,
Thanks much. I appreciate it. I'm happy to see many Longs like yourself are still here.
Marie Langer, CEO, EOS GmbH
Over the years, additive manufacturing has transitioned from a system and materials to a complete end-to-end solution business. During the same time, we managed to substantially decrease material costs and increase process productivity, as such making AM a key driver of digital manufacturing on a cost-per part level. We will continue to enable accelerated technology qualification and certification procedures to speed up the further industrialization of our technology – all with the aim of upscaling factories to large-scale serial production. Digital AM business models are just beginning to develop – EOS is determined to accompany customers on their way.
Peter Rogers, APAC Product Specialist – Additive Manufacturing, Autodesk
I feel that there will be more focus on multi-material applications in R&D, and companies will start transitioning more to production for plastic and metal parts. A few key manufacturers are getting close to achieving certification on critical parts, and this will act as a catalyst for the growth of AM into the next decade.
Vyomesh Joshi, President & CEO, 3D Systems
In 2019, we saw 3D production become a reality. In fact, customers relied on our solutions to create more than 200 million production parts over the course of the year. With the availability of solutions that include materials, hardware and software designed for production applications, I believe the adoption of additive manufacturing to create production parts will continue to grow. We’ve crossed the chasm, and will begin to see more use cases where serial production is ramping up. Increased adoption will continue to be led by core markets such as healthcare, dental and aerospace. In fact, I believe we’ll see an increased number of medical device manufacturers in the coming year integrating metal 3D printing into their manufacturing workflows.
We’ll also see OEMs accelerating innovation in production materials, post-processing and automation to support new applications. I also believe more companies will bring a level of sophistication to how software integrates into their manufacturing workflows. Design, Engineering, Planning, the Shop Floor, and Inspection (QC) will come together into a cloud-based process that harnesses the capabilities of individual platforms to power the entire process.
Zach Simkin, President, Senvol and Chairman, SME Additive Manufacturing Advisory Board
In 2020, I predict that the use of in-situ monitoring data will start to become more prevalent. We are already starting to see more sensors being deployed within machines, which is great. In 2020, I expect that organizations will start to make better use of the increasing amounts of sensor data to assist in areas such as qualification and certification, quality control, and feedback/feed-forward controls.
I also hope that a common data dictionary for additive manufacturing will be published in 2020. NIST (the National Institute of Standards and Technology), along with Penn State University, are currently leading a very productive and active working group focused on this topic. It is an area of great need, and one that I hope will see much progress in 2020.
Janne Pihlajamaki, CEO, miniFactory
We believe that in near future the transition from prototyping to end-user part manufacturing will increase rapidly. This will make the standards, repeatability, and reliability stand out to the spotlight of the decision-makers. Currently, the bottleneck of the industry lays still in the part designing phase. Why? Because the benefits of 3D printing are not properly used in the part designs. Therefore, the optimal use of 3D printed parts is hard to detect.
Sasha Long, VP Engineering and Sales, Arcast Inc.
A challenge that is coming out of the market is waste or out of specification powder either from the atomizing/spheroidizing process or from the printing process. Many users and producers are facing large amounts of waste powder with no clear answer for what to do with it? We have and are developing ways to reprocess this powder back into bar or in Spec powder. This is a key part of the metal/powder cycle to keep AM/3D printing as efficient as possible.
Mateusz Sidorowicz, Marketing Director, 3DGence
The legislation will happen in 3D printing, right now there are only a few international standards for 3D printers. We will see much more companies concerned about safety. Especially in industrial 3D printers (from FFF to DMLS) 3D printers are going to be a “standard” equipment that will need to follow regulations.
Right now we are on the verge of huge change. 3D printers won’t be in every home but they will be in every company that is looking to optimise their production processes. It will be a standard for RnD, maintenance, tooling and production departments. The biggest challenge will be to meet the customer requirements and add 3D printing to his process.
Blake Teipel, CEO and Co-founder, Essentium
In 2020 we will see industrial-scale 3D printing move into the manufacturing mainstream in a big way. The promise of additive manufacturing (AM) has always been tremendous – but held back by unappealing economics, limitations in materials and production, and an inability to scale.
François Minec, Managing Director, BASF 3D Printing Solutions GmbH
Over the last years, 3D printing has been growing at a steady rate of about 25 percent per year. A growth rate many industries envy us for. However, the market size is still relatively small. If you put it in perspective, it represents less than 0,1 percent of the total manufacturing market.
The reason for this is that in most cases 3D printing is still only used for prototypes, small series and jigs/fixtures. I’m expecting 2020 to show production for more and more industries.
This adoption is driven by increased productivity and consistency of 3D printing equipment, automatization of post-processing as well as the introduction of competitive raw material solutions to a greater extent.
Rachel Hunt, 3D Printing Marketing Product Manager, Protolabs
In 2020, expect to see the 3D printing industry in a state of continued growth as adoption and accessibility to additive manufacturing scale. Industries are more knowledgeable than ever before as they utilize additive design and manufacturing to gain economic advantages. Machine advancements will continue set pace with development taking place around automated post-processing, in-situ quality monitoring, and faster build rates. Material advancements will continue to be fast-paced in 2020. Expect to see more advanced materials that can meet or exceed certain properties of traditionally manufactured metals and plastics.
Vishal Singh, Co-Founder & CTO, Link3D
In 2020, the AM industry will move towards “Data Standardization” of hardware and software ecosystems. We expect currently siloed software solutions (e.g., CAD, PLM, ERP, Build Prep, MES) to be inter-connected using open protocols and API’s. This will enable the creation of a unified data layer and improving manufacturing operations as well as quality management.
To add, we predict “Quality Management Systems” designed for additive manufacturing, will also become a critical component for end-to-end traceability, for example: integrated macro and micro monitoring, such as in-situ monitoring of machines and its connectivity with MES & QMS software; capturing quality data across downstream manufacturing processes (i.e.: post-processing equipment and QC instruments) must build a comprehensive data trail for part traceability. By capturing the Digital Twin and enabling tighter feedback loops, organizations will produce advanced applications and effective production workflows at an increasing rate.
Yes sir!! and even half of that number will get us that billion dollar market and the SGLB party!
Baker Hughes a GE Company from their website https://www.bhge.com/
Train,
Yeah. It looks very promising for a potential buyout down the road. I'm hoping for our market valuation to be over a billion if all goes well before any buyout news. We'll see.
Mark joined Configuresoft in August 09, 2005 and EMC announces buyout May 27, 2009.
COLORADO SPRINGS, Colo.--(BUSINESS WIRE)--Aug. 9, 2005--Configuresoft, an innovator in systems management technology and the creator of enterprise compliance management, today announced the appointment of Mark K. Ruport to president and chief operating officer
EMC Corporation (NYSE:EMC), the world leader in information infrastructure solutions, today announced that it has signed a definitive agreement to acquire privately-held Configuresoft, Inc.– a leading provider of server configuration, change and compliance management software.
Configuresoft’s Enterprise Configuration Manager (ECM) and Configuration Intelligent Analytics (CIA) – which will continue to be known as EMC Server Configuration Manager and Configuration Analytics Manager based upon the OEM agreement -- help companies achieve and maintain continuous operational, regulatory, and security compliance across their data centers. The solutions are able to quickly detect, prioritize and correct configuration compliance issues and help companies implement an automated, continuous enterprise compliance posture. Rich analytics offer customers a powerful dashboard for viewing Key Performance Indicators (KPIs) and provide visibility across network and server domains.
Dutch metal 3D printer supplier Additive Industries has entered into a partnership to accelerate the implementation of laser powder bed fusion (LPBF) for industrial series production. In this partnership, the company will work together with Germany’s Fraunhofer Institute for Production Technology IPT and the Fraunhofer Project Center at the University of Twente (FPC@UT) in the Netherlands, taking a holistic approach to materials development, design guidelines and post-processing. The aim is to encourage LPBF integration with existing industrial process chains.
“Our collaboration will lead to new solutions that will help industry to improve their AM activities in the field of L-PBF on a fast-track,” predicts Kai Winands, head of the Additive Manufacturing competence field at Fraunhofer IPT.
Additive Industries’ MetalFab1 system will be at the center of the project, and the company is to supply one of the machines to FBC@UT.
The MetalFab1 is Additive Industries’ flagship product. An entirely modular machine, the system has units for each respective part of the additive manufacturing process. Up to four of the optional modules can be AM cores dedicated to production of parts, the further four are for heat treatment, product removal, storage and exchange. Applied in each high value vertical (aerospace, automotive and medical) some of the MetalFab1’s most notable users include Alfa Romeo F1 Racing, Volkswagen, and an unnamed aerospace company based in California that recently raised its machine count to ten. According to Ian Gibson, Scientific director of the FPC@UT, “The MetalFab1
is in my view the first metal printer that has been designed from the bottom up with
industrial scale manufacturing in mind.”
Fraunhofer IPT is a key partner for industry looking to disseminate astute high-tech solutions to the manufacturing process. In 3D printing, this has included the support of fiber-reinforced plastics production, and the industrial implementation of digital engineering and additive manufacturing (IDEA) project from the German government. Set up for a similar purpose, the FBC@UT “supports industry in application-oriented system solutions” including Industry 4.0 audits, life sciences engineering and additive manufacturing. It was also launched by Fraunhofer to expand the institute’s activities in the Benelux countries.
Each part of the process chain, both included in the MetalFab1 and peripheral to it, will be accounted for in this collaboration between the experienced partners. “In this way,” Daan Kersten, founder and CEO of Additive Industries, explains, “we can cover the entire field of industrial requirements from materials science, additive processes and post-processing to integration into existing processes. Because we know that it is particularly difficult for manufacturing companies to keep track of all this themselves.”
Billions continue to be put into AM and large-scale printing is starting where PrintRite3D will fit. Good things are coming to SGLB.
Report: Additive manufacturing industry to be worth $15.8 billion by 2020
By Mike Hockett for Thomas
Nov 25, 2019
Additive manufacturing (AM), commonly known as 3D printing, has seen tremendous adoption in the manufacturing sector where its ability to create custom-designed components or entire products in small batches is highly attractive for certain producers.
As a snapshot of the market’s forecasted growth, the 2019 Wohlers Report — viewed by experts as a top source for the pulse of the 3D printing industry — forecasts that the market value for 2020 is $15.8 billion for all 3D printing products and services worldwide. That figure is expected to surge to $23.9 billion in 2022 and $35.6 billion in 2024. Likewise, a January forecast from Statista shows that global spending on 3D printing in 2019 is projected to be $13.8 billion, up 21.2% from a year earlier.
Less prevalent in market data is that of 3D printing at large-scale — used for runs of thousands of parts at a time instead of small batches of several hundred or less. However, on November 18, results from an independent study commissioned by industrial 3D printing solutions provider Essentium shows likewise growth amid use at large-scale.
Nice to see Sigma labs named along with other Big name companies at the Formnext show.
852 exhibitors (2018: 632) made Messe Frankfurt the stage for the fields of application of additive manufacturing. The move to the modern exhibition halls 11 and 12 has thus proved its worth.
Companies such as 3D Systems, Additive Industries, Addup, Arburg, Bigrep, Carbon, Desktop Metal, DMG Mori, Envisiontec, EOS, Exone, Farsoon, Formlabs, GE Additive, HP, Keyence, Markforged, Materialise, Matsuura, Prodways, Renishaw, Ricoh, Siemens, Sisma, SLM Solutions, Stratasys, Trumpf, Voxeljet, Xerox, Xjet and many others presented even more efficient new manufacturing technologies and advanced solutions for their integrated industrial use. With BASF, Covestro, Cubicure, Dyemansion, Evonik, Incus, LMI, Sigma Labs and others, numerous internationally established but also young companies presented world firsts along the entire process chain.