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>>>HA! GE is a wank fest. Just like HP when everyone was saying they will take over 3d printing (yet can't even produce good 2D printers). DDD and SSYS tanked. Where is HP? Holding their pants up by the water cooler.
Wheres GE? Watching their SP tank.>>>
ya may be only little Sigma Labs can survive against or better together with the German Connection...
https://www.tctmagazine.com/3d-printing-news/3yourmind-agile-manufacturing-execution-system/
https://www.trumpf.com/de_INT/unternehmen/trumpf-gruppe/weitere-unternehmen/trumpf-venture/
3yourmind is part of the Trumpf group
sounds similar to the Sigma Labs market approach:
It has been brought to market after an Early Access Program facilitated direct feedback from users and developers of additive manufacturing technologies
"We are already integrating the data from several vendors into our software and expect to support all major machines. Receiving and processing machine data allows us to provide the documentation that is needed for quality assurance and to increase the repeatability of additive manufacturing. Pushing data directly to machines will be the key to automating production.”
>>>BTW this Co is not a competitor of SGLB...
CC continue 4.1
also good news:
George Grifka
Right. Okay. Very good. Thank you. And is that also applicable in the same way for OEM potential relationships?
John Rice
Thank you for asking that because I was remiss in not speaking more to not -- as you know, as all shareholders now, our principal market ultimately is going to be met with and through OEMs in our opinions. So those negotiations are very important. Our job in terms of those negotiations, my job became much easier in November with the clarity of the 4.0 release. And so we’re not doing on RTE with the OEMs in the same way that we are with the end users, but we are following the same guidelines and same principles and we expect the same outcomes.
George Grifka
Okay. So we take -- should we take that there are ongoing OEM negotiations taking place?
John Rice
We’ve stated that publicly and that is correct.
CC continue
George Grifka
Okay. And the last question is how do you see -- how do you guys think about the pipeline for more RTEs, and how -- and what kind of visibility do you think the shareholders can get on that?
John Rice
Well, my personal hope is that we’d be able to average having it in selling one of -- sort of one of those a month for the balance of the year. Things never work that way, but it -- but in terms of an average that may very well be spot on. And if that is the case what that would mean is that we have continued -- remember we have rigid criteria for this. We don't want these to be tire kicking experiments. This is a major commitment of intensity and resources. So we have charging our sales folks to qualify these customers very carefully. Be sure these people are manufacturing enough parts already or buying enough AM manufactured parts already, that is a sensible commitment to mount our equipment on the machines. Be sure that they are aware enough of their quality issues and concerned enough about them that they have a level of urgency that would keep the product -- project going and so forth. So that that is not everybody. That's a restricted highly qualified growth, and if that -- if those criteria continue to be met as well as they had so far, those -- that that's a really sound customer base from my point of view for the expansion that we hope to take place. So I describe to you the inverse funnel effect of this program and the one [ph] they advanced to three and then they have to make a decision do we amount this on 10, 20 or 30 machines.
>>>this is just confirming what I posted before...
doubling the revenue in the remaining year 2019 is great news and somehow a forecast (BTW may be the first time ever!)!
>>>Sigma Labs, Inc. (SGLB) CEO John Rice on Q4 2018 Results - Earnings Call Transcript<<<
it looks like everybody is totally confused about that CC
remarkable was JR's statement:
So our product must be able to service all of those brands in order to be useful in the production setting and by the way that is not in our opinion a problem for us. That's an opportunity. Our product is the only way we can figure out how they possibly get those machines is to behave similarly. The average folks we’ve talked with so far with them after having 1 to 3 test units functioning ultimately be able to decide whether to order our products in units or tens of units. So this means that major accounts in the Rapid Test and Evaluation Program may be installed on only 1 to 3 machines in the course of 2019 and you have the potential for significant multiple machine orders in the following year and that’s the market that we are in.
So the first major indicator of success in 2019 and the measure that we will be looking closely at is how many Rapid Test and Evaluation accounts are in place with companies with whom success could mean 20 to 40 machine orders in the next 24 months thereafter. And, yes, we will be out hunting for the unicorn outliers to bid who might move faster than that, but like our investors, we will probably have to be impatiently patient.
>>>installed on only 1 to 3 machines in the course of 2019 = 5 to 15 systems installed in 2019...
that sounds not too bad to me!
>>>$50.00 on tap. <<<
it should be ok for the exit...
>>>Maybe we will be setup for disappointment and maybe not. Looking at the incentive the transaction was posted 3/07/2019. Was that the sale date or the incentive award date? The reporting showed up on a form 4 on 3/29/2019. I think there may have been a sale (maybe bigger, maybe not) or two since that time that may have prompted an earlier (in SGLB terms) earnings announcement, with another form 4 yet to be filed (maybe even for the new hire) as to not let the information out early. Pure speculation, but still a possibility. <<<
...do you think US or SEC is not so clear and or strict?
Tomorrow will be a very exciting day:
1. first of April is a fools day
2. Sigma Labs will announce earnings for 2018
3. Sigma Labs will host CC for 2018
4. Sigma Labs will issue a PR for the first ever IPQA sales
may be more to come...stay tuned...
wickw50
>>>Nice gain today! eom <<<
...it looks like that $1.21 will not happen before summer holidays...
Additive Industries
https://additiveindustries.com/uploads/media/5c93c07c920a5/190321-press-release-additive-industries-wins-first-metalfab1-order-in-china.pdf
>>>is this the first MetalFab1 machine sold with Sigma Labs inside?
Sintavia, Honeywell supplier
https://amfg.ai/2019/03/21/expert-interview-sintavia-president-doug-hedges/
I’d like to reiterate that quality is our focus.
Our customers are, without doubt, the most risk-averse customers in the world. In order for them to feel comfortable flying these critical components made by additive manufacturing, quality is paramount to this.
At the end of the day, we want to conform products to engineering drawings and specifications, to use them in real-world applications. To do that, it takes a focus on conformance.
Also, today AM is where all of the media attention is and where a lot of time and money is being spent. But ultimately, it should be about taking the part that you made by additive manufacturing and conforming that to the engineering requirements of your customers.
MM's try to move the PPS above $1.5 before CC on Monday...
https://www.slm-solutions.com/en/investor-relations/announcements/corporate-news/new-ceo-appointed-with-effect-from-may-01-2019/?utm_source=New+CEO&utm_medium=Linkedin&utm_campaign=Press
Interesting: Since July 2017, Mr. Hadjar has been based in Germany, serving as General Manager of GE Additive’s Laser Products business and overseeing Concept Laser.
So what we can expect next Monday?
New Mexico is aware of those special events?
I expect that Sigma Labs will postpone the CC after they recognize they select the Fools day.
>>>Final rejections with patents doesn't mean that that the patent cannot be approved.
Did you even bother to check the filing, and the notes from the patent office? >>>
sorry no I am only an engineer...
>>>Jonny,
is this true, did I miss something?
>>>Wick,
Consider how Sigma's patent was in a day earlier than GE's almost identical patent app and we were rejected and GE's proceeded.
No funny business, nope nothing to see here. Move along folks. <<<
Did Sigma made any mistake in the patent application?
Then it was the fault of former CEO MC as he was responsible at that time.>>>
If this is true the PPS will tank suddenly...
Normally it is a quiet period so why Sigma issues so many non event PR´s?
Is Sigma Labs nervous?
said Ron Fisher, Vice President of Business Development of Sigma Labs. “His extensive experience in the additive manufacturing space will be a great asset to the company as it seeks to expand its footprint in this part of the world.”
may be he can sell something?
An interesting question is if Fools will buy new shares before that event...
>>>Of course that is, I believe, April Fools Day. Lol.
All the best,
Silversmith >>>
did we not see many April Fools Days last years?
Jonny,
is this true, did I miss something?
>>>Wick,
Consider how Sigma's patent was in a day earlier than GE's almost identical patent app and we were rejected and GE's proceeded.
No funny business, nope nothing to see here. Move along folks. <<<
Did Sigma made any mistake in the patent application?
Then it was the fault of former CEO MC as he was responsible at that time.
Where are the real live case studies from Sigma Labs?
With real customers?
https://www.linkedin.com/pulse/reimagine-products-3d-printing-vladimir-navrotsky?trk=portfolio_article-card_title
Why Sigma Labs was never mentioned in any case studies with results from any customer e.g. Siemens as EAP user?
What are the results at Spartacus3D, Woodwards, AI, Materialise, Solar Turbines, etc etc?
Why Contour and Analytics are still under development even after Contour was released for commercialization some years ago and codeveloped with Honeywell?
There are no results available since many years except GE / America Makes quite negative results!
Why Honeywell is very quiet after that America Makes project result release?
>>>Someone doesn't keep abreast of the case studies put out
https://sigmalabsinc.com/wp-content/uploads/2018/11/In-situ-Melt-Pool-Thermal-Signature-Defect-Detection-Recoater-Failure-Using-Co-Axial-Planck-Thermometry-2018.pdf
Page 5 shows it. <<<
...did EOS confirm that nice Sigma Labs presentation?
may be someone should send it to EOS and/or MTU for verification...
>>>Wake me up when they can show failure indicators nearly 100 layers prior to them appearing on the powder bed camer <<<
...any evidence that this was not just a fake news?
I posted this last week...
https://www.eos.info/press/case_studies/optical-tomography-enables-considerable-savings-in-quality-assurance
Results
A decisive milestone for series production at MTU Aero Engines with EOSTATE ExposureOT was reached when it was established that this technology reliably detects all potential defects. Comparisons of EOSTATE ExposureOT and conventional radiographic tests, CT, and destructive testing methods found that the POD of EOSTATE ExposureOT was higher than the other non-destructive methods, especially for incomplete fusion. Concretely, this means that any error detected by RT or CT scans is also clearly visible as an indication in EOSTATE ExposureOT. “EOSTATE ExposureOT reliably tells us when a part might have flaws. It hasn't missed a single one yet. This allowed us to completely remove X-ray and CT inspections in the series production of borescope bosses. Economically speaking, the benefit is huge," says Dr. Karl-Heinz Dusel, Head of Additive Manufacturing Technology.
>>>any similar results with Sigma Labs IPQA? no just stared with the latest PR last week...
Dr. Hans Langer: 3-D Printing Billionaire | Forbes
>>>>>>JACKLE, SILVER, VISION:
So if I am Company 'A'....And Sigma Labs is company 'B'....which is LIGHT YEARS ahead of the competition, why would I waste all that time and money trying to develop an inspection software that is almost completed by Company 'B'.
That would be like SIGMA LABS has already developed the wheels, the body and the engine and it's about to roll out production by 2020, while the other company...Company 'A' is still just working on the wheels.
Seems like I am MISSING SOMETHING HERE???
Does company 'A' Think that when their version is complete in 2025 that they may 'save' money and not have to use company 'B' ?
Seems like a waste of time, effort and money if they are that late to the party. >>>
...if I would be A I would not spend any money as B will take it all next year... >>>
...on the other hand B may have some financing problems to ask the shareholders every two quarters for fresh money...
>>>JACKLE, SILVER, VISION:
So if I am Company 'A'....And Sigma Labs is company 'B'....which is LIGHT YEARS ahead of the competition, why would I waste all that time and money trying to develop an inspection software that is almost completed by Company 'B'.
That would be like SIGMA LABS has already developed the wheels, the body and the engine and it's about to roll out production by 2020, while the other company...Company 'A' is still just working on the wheels.
Seems like I am MISSING SOMETHING HERE???
Does company 'A' Think that when their version is complete in 2025 that they may 'save' money and not have to use company 'B' ?
Seems like a waste of time, effort and money if they are that late to the party. >>>
...if I would be A I would not spend any money as B will take it all next year...
>>>>>>I'll make a prediction. This week's big news: earnings report date >>>
4.1 first and delayed earnings report date later...>>>
may be next week?
The problem for Sigma Labs software is that it is not proven yet and so nobody is willing to use it...
There is no any reference that any company use the software in real production!
poor Sigma Labs...
no sales no $$$$
only $$$$$$$ from the shareholders...
>>>Wow, eos are further behind than i thought. The tool does not have any of the depth of printrite3d and relies on additional analytics well after the build to get the most out of it. Nice to read >>>
...so how come that MTU is in real production with around 20 EOS machines and produce real aerospace parts with that software?
>>>Jackle, I agree. The paper is limited to evaluating the fundamental lattice parameters and verifying the geometry of the lattice structure, not the metallurgical properties of lattice material or the rest of the build.
Lattice structure is an important design aspect for some AM parts and by its nature, the lattice brings some unique challenges to the build.
Quote:
This investigation represents the first step toward
demonstrating the capability of EOSTATE ExposureOT and
process monitoring in general to assess the part quality of
porous structures. Further statistical data are needed to
strengthen this correlation and extend it to other mechanical parameters.
So EOS has started to work on this specific aspect of certain AM parts and made some progress, but it looks like their software is still a work in progress. >>>
...this only tells us that the software story is not ready yet and takes some more years to develop.
Sigma Labs Contour was released for commercialization since many years and is still under development...
EOS new whitepaper: Correlation of In-Process Monitoring Data and Mechanical Properties of Lattice Structures
https://cdn0.scrvt.com/eos/22b7c7da62ac7d1f/15b5cfffe1cd/Whitepaper_AdditiveMinds_Lattice-Monitoring_en_WEB.pdf
>>>I am not concerned about whether the SGLB products sell or not. It is still possible to have Sigma inside by the requiring licensing of the patents and use of the algorithms and other functions through runtime libraries written and provided by Sigma as part of software product suites from and maintained the printer manufacturers that have a vendor specific GUI but all use Sigma to do the work. >>>
...again that is wishful thinking not the reality
ok the MM's and flippers will continue there game...
GLTA long investors