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JJ heres another one for your list. Seems Metalysis used a UK firm called Renishaw to test some of its AM process with the titanium.
Renishawlink
I had a quick look through and it seems their quality inspection is just based around scanning (thus post process) but you may be more intellectually placed to go through the exact specs.
rgds
Nice, i hadn't seen that article, although after a little DD i note that its a bit of a re-hash of the original articles that came out in December regarding Metalysis. However that's not a big deal. What the article really points out to me is that firstly, 3D printing for industry is really becoming ubiquitous. With the lowering of every barrier (speed, efficiency, fabrication size and now lower material costs) a whole new swathe of customers is starting to salivate at the prospects of what it can bring to their business. Secondly, With all the competing metal machine makers all realizing how widespread this manufacturing in metals is becoming they are jumping over each other to produce better, better quality machines in this space. Sigma lab's beauty is that it could be embedded in all the machines, and no matter what the metal. It is very early days in metal printing in terms of customer adoption, but Sigma has a REAL opportunity to embed itself in the winning technologies be it DLMS, EBM, Titanium or other metal alloys. As Mark Cola himself said
Thanks JJ, i'm not a scientist but i am getting my head around the processes involved and it's interesting stuff. One thing is i would really love it if Mark and his team did make themselves some big rewards. They have spent many, many years working hard at this stuff in the shadows. Good for them if they can commercialize their work!
Just found this report from PWC
PWC pdf
Was written some time in 2013. Nothing that most of us here don't already know but they add a few key timelines and most importantly they keep coming back to quality inspection, quality inspection, quality inspection. Adoption depends on quality control. Who delivers that? Who not only delivers it but also delivers the only closed loop quality control? Who is already trusted and has working relationships with the heavyweights who will dominate this revolution in manufacturing?
Sigma Labs
well i think Zrock pointed out Mark Cola's view on where the money would be spent
Thanks JJ, that's a very interesting article i missed before. I know Sigma were working with Metronics but i thought it was more in terms of a sales route into GE. What you have explained there is a lot more in depth involvement into their systems, to compliment their existing technology (and Boeings). This is huge too, and while the GE link is already massive, this Metronics link may actually prove to be equally as big. The fact they compliment Boeing's technology (Who we know Sigma already works with) is brilliant.
On an aside.. some of the photo's of defective parts are scary... and all hidden from the eye.. more i look at it the more I really want PrintRite3d out there!!!!
nice find,
love this quote
here's the link
Greg Morris talk
watch from around 19 mins
the talk of in process quality assurance, melt pool monitoring etc is a reference to Sigmas collaboration with them (hence Sigmas name behind him on the power point)
courtesy of other guys who have posted that link
Interesting, so someone is deleting posts to allow the shorts to rule the board. Old tricks are the best i guess
Article from Engineering
Oil and Gas Embraces 3D printing
Not too much us SGLB followers didnt already know, but nice validation that it is all still going ahead full steam.
Highlights
I think this is an important concept for people to grab hold of here, thanks Silversmith.
When investing in SGLB we are investing in its prospects, predominantly in its unique 3D IPQA technology. This is not something that just happens overnight, but instead is a process of proving, adapting and ultimatly commercializing into the industry. Those who have been following SGLB can see that they are well on the way to that last goal. They have been slowly ticking boxes both in their technology and with the major industry players (many of whom have to get certification for this new technology). The process of adoption is well under way and a lot of hard research has been done behind the scenes towards this and commercialization.
However, as i mentioned this takes time. These steps (or pieces of a jigsaw i like to call them) do take time, but as long as they are going forward, as I believe Sigma is, then it is a natural process.
Since Christmas we have only, to my knowledge had 2 major news releases. One, the not totally unexpected America Makes, and the other was the HK placement.
This means that all this stock movement, especially that after the much gossiped about stock dumping that never happened, has been largely over nothing. Nothing at all. No change to earnings, no change to potential, no change to products, no change to partnerships etc.
In my mind, and backed up by some intelligent posts by Art etc. nearly all this inter day trading is just MM's playing around, doing what they do, picking off a few cents here and there. Those of you who play these waters will do well to beat them at their own game, i highly discourage it.
However We are now getting to the juicy times for Sigma. The bits of the puzzle are getting into place. In his own words Mark Cola said at end of Dec.
actually i don't think it is per se. Six Sigma is a terminology refering to data driven approach to the elimination of defects. It refers to the levels of deviation from perfect quality. Ge have their own page about it actually too.
SixSigma
It does explain however why B6Sigma may have got it's name... It is afterall, basically what Sigma labs does!!
This ODA is great news for Sigma IMO. Another very important part in it's jigsaw. GE are now MAJOR players in helping/choosing quality control for airline certification, that's enormous responsibility and guess who is working hardest on this Quality control for GE ... Sigma Labs
Don't underestimate Sigma's contribution here.
Last night (and last few weeks) have been pretty ugly across many markets and many 'risk' assets. I actually think SGLB has held up reasonably well but volatility remains in global finance so without big news I see SGLB on back burner, however i won't be selling ANY for a good long while yet! This stock is too well placed right now...
A reverse split to uplist would be a great thing in my opinion. Would love to get to some real investors. (Pink sheet rs dont always have good rap, deservedly so, but good companies doing it for right reasons do very very well after rs)
. For instance, with limited exception, Regulation SHO requires brokers and dealers that are participants of a registered clearing agency8 to take action to "close-out" failure-to-deliver positions ("open fails") in threshold securities that have persisted for 13 consecutive settlement days.9 Closing out requires the broker or dealer to purchase securities of like kind and quantity. Until the position is closed out, the broker or dealer and any broker or dealer for which it clears transactions (for example, an introducing broker)10 may not effect further short sales in that threshold security without borrowing or entering into a bona fide agreement to borrow the security (known as the "pre-borrowing" requirement)
From sec website.. Not sure how enforced it is.. If it is then this moving it lower with 4 days to cover makes sense, annoyingly.. Fast forward 5 days pls!!
And wouldnt be surprised if they made price low this next day or two, cover and then hopefully we can finally see some blue sky for this stock... Boomtime
An i right in thinking the short has to be closed out within 13 days. They are on 9th day now
(5 days to make list and yesterday was their 3rd day on it.)
We should send an Investorhub representative to listen haha
Things,
Yeah this is a long slog for SGLB investors as MM's are experts in manipulating these stocks inbetween news pumps, be it for their own value creation, or on behalf of others. However the company itself is still going gung ho so as others have mentioned these levels are great for accumulation. The company is becoming higher profile by the day. News will come out soon enough and then all this daily sideways stuff will be happening at .35-40c rather than .14-.15 Still can't wait for an uplist. Most institutional investors just cannot buy SGLB at moment no matter how tempting it is. When they can - boom! Hence this is a fantastic opportunity to get in before them for once!
NASA/Aerojet Rocketdyne
A little speculation here but i am wondering if anyone has any light to shed on 3D initiatives by these two and potential SGLB involvement. B6Sigma has been involved in small panel discussions with NASA (amongst select others) on AM processing, and of course B6-Sigma and Aerojet Rocketdyne are partners for the America Makes award.
Both NASA and A-R have stated they are heavily looking at 3D printing for both launch manufacturing as well as in space repairs (NASA) and metallurgy material characterization and processes, including additive manufacturing techniques (A-R).
I can only imagine that, similar to general Aerospace, these highly specialized areas of AM manufacturing will also be looking to have the best IPQA available and seeing as they know Sigma i can only assume they will be looking long and hard at it.
The problem with these types of organizations is that there is precious little information leaked before any commercialization due to the sensitive nature of their business. That goes for a lot of Sigma's clients... much will come out of the blue in terms of PrintRite3D sales.
Just wondering if anyone else has uncovered any links in this direction
GE are all over this 3D/AM technology... their adoption of it is second to none... i hope they see rewards down the line for their open thinking and i'm so glad Sigma is in the trenches with them
Its also good sigma are working with reputable dealers to report positions. OTC stocks arent obliged to, but its a good sign when they do. Heres link for the securities laws.. If anyone thinks the shorts are manipulating then an email or 3 to the sec may help
http://www.sec.gov/spotlight/keyregshoissues.htm
Well basically any short has to be covered. The fact its late to cover is not massively unusual but also should the stock move up then the short will get even more desperate to cover. Thats when short squeezes occur and often huge spikes. At this point its just nice to know someone whos just d*cking around shorting the stock is sweating that little bit more.. Hes gotta cover soon
Short n caught
Jan. 28 (Bloomberg) -- The following is a list of "threshold
securities" from the Nasdaq Stock Market, published daily in
compliance with the U.S. Securities and Exchange Commission’s
Regulation SHO.
The list consists of stocks for which sellers failed to
deliver 10,000 shares or more in the past five trading days and
the level of "fails" is a minimum of 0.5 percent of the shares
outstanding. Securities are listed alphabetically by ticker.
================================================================
Consecutive
Ticker Security Name Days on List
================================================================
SGLB SIGMA LABS, INC. COMMON STOCK 1
There are other names on list but as we are only interested in Sigma i just pasted that.
So this data from Bloomberg would suggest some short is failing to deliver... bless him, he can have mine at $8 if he wants
Thanks Silversmith, I too have looked into the HK companies registry and also taken a look at Sherman and everything i have found matches what Silversmith has said.. The Rockville AM investing in SGLB is indeed the HK company not connected at all to the debt collector issue, only Silversmith says it so much more eloquently than myself :)
so indeed, time to move on from that issue.
Tough times in market in general these few days but long term picture still solid for Sigma
Great news on Seeking Alpha, recognition indeed, and as others have mentioned, well done JJ. The thought of getting on that major exchange really excites me so all those investors who are now learning about Sigma can really pile in. But that uplist will take a bit of time, these low teen levels is where the real money will eventually be made in preparation for that upswing.
Looking forward to Sigma's next news, as i mentioned before, from here on in the stories should just get bigger and bigger.
That's great news Sonshyne47, just an example of how pervasive this type of new manufacturing will be
But that pretty much misses the point of why people invest in a stock like Sigma. Yes past sales have been low, but thats because the product was being designed and tested. The sales were for testing, which by all accounts seems to be still progressing well. When adoption comes it won't come in 2 more systems, it will come in large orders and potentially across major industrial firms. Valuing Sigma on 2 sold articles in 2013 is just pointless
I think this is an important point. It seems that PR3D is being used as the link between different systems and machines. It's being refined to allow this compatibility with all players in the industry. When i say that's an important point, i think it is absolutely HUGE for the stock/company/commercialization. They really are aiming for this 'intel model' scenario. I wouldn't be surprised if press releases from here are very very positive.
patience :)
The other companies working with Sigma on this project
GE
Honeywell
Burke.E.Porter
University of Montana
Aerojet Rocketdyne
Techsolve
It seems Aerojet make propulsion engines for space launch systems and Techsolve is heavily involved in industrial marketing and stategic planning in the Aerospace industry. Notably one thing they specialize in is..
America Makes announces projects - Sigma involved
America makes
America Makes will provide $9 million in funding toward these projects with $10.3 million in matching cost share from the awarded project teams for total funding worth $19.3 million.
i'm glad for all you SGLB guys who stuck with it... this last week has been about the mm's not the company... the company is on the edge of a real revolution... i'm happy to see those who see wood from the trees rewarded
weird how all those recently created investorhub members saying end of the world is nigh seem to have disappeared
I'm curious about this project with University of Michigan. They developed a low cost metal 3D printer. As i understand it, it comes in around the $1500 range. This would constitute a fairly 'mass market product'. The machines are fairly small looking at the pics. Following the creation Sigma signed MOU to use its PR3D. As part of the deal Mark Cola also said
This meeting is Jan 22nd at U of Louisville, I don't have a list of attendees but there's no reason to believe members wouldn't have some representation if logistically possible. Not heard of any members leaving AMC, if anything i think they have added 2-3 members.
AMC is not new news but helps to explain the partnership Sigma has with these big name players. It was formulated out of a roadmap from 2009 to improving a general AM standard so the whole industry could benefit. Interestingly in the original roadmap Sigma wasn't on the panel, but the need for closed loop process control was mentioned many times as a very important feature that AM would need in order to have industry wide recognition. When AMC was set up as a consortium to basically follow up the roadmap it consisted of twenty two (i think members), of which i listed a few on previous post (i missed out Honeywell, who are also there). Importatly B6 Sigma was also included in the consortium and i can only presume this is because they had the closed loop know how. It all makes sense to me.
The fact that at least two of the industry members of AMC are still using PR3D in their testing is brilliant as far as i am concerned.
A bit of a history of AMC can be read here
Paper on AMC
and on this note
doesn't it make sense that by nature of the AMC consortiums operandi, that if one system is chosen, or favoured (ie PrintRite3D for the quiality control section part of AM), then it would be natural that all the members of the consortium would look to use it where applicable. And in return, use it as the standard for their customers (eg exxon)
It seems GE are very positive about it and using it seriously for their 3D machine testing.
Just more parts of a big puzzle fitting into place for a great future for Sigma. If/When it comes i think the uptake will be very swift, very wide and very long term for this company
I see on Jan 22 theres the winter AMC meeting.
AMC is a AM consortium set up consisting of 20 something government, industry and academia to address needs and advanced standards for Additive Manufacturing. From these advancement the resulting commercialization is forwarded onwards to AMC's customer and industry partners including heavy industry oil, fabrication, medical heavyweights. (Think of it as formulating standards in AM so players that need the technology can implement it into their industries knowing Americas biggest players in the industry have come up with the best product).
AMC 20 odd members include
Air Force, Army, Nasa
Universitys of Texas, Louisville, Ohio
GE, Boeing, Lockheed, Rolls Royce, Northrop Grumman and B6Sigma (Sigma Labs)
B6Sigmas place in this elite group, who are basically creating the standards for INDUSTRY WIDE implementation by the heavy hitters in global manufacturing is just ENORMOUS. Why are they there? They are there because they are the best, and have the best product in the quality control sphere of AM. When it comes to quantifying the behaviour of metals in AM Sigma are THE go-to guys.
And just to add, AMC does have a commercialization goal for this research. (the roadmap from its inception in 2009 was to see commercialization in 2-5 years) Its mission is to 'advance the manufacturing readiness of metal AM technologies to benefit the consortium and their customer base (basically an enormous chunk of America's (and global) manufacturers). They also talk about looking for potential applications for the Oil and Gas market as well as biomedical fields.
Sigam Labs - walking with giants into the future of manufacturing.
Here's an article i hadn't seen from last summer. For those of you that may not know, the process of algorithms and in process inspection that GE is building and talking about here is SIGMA's IPQA. When people here are talking about Sigma and GE this is how close they are working together for GE's future. Just makes me want to be so long at these levels. We are talking about Sigma being embedded in this technology for the next manufacturing revolution.
From the Article
But here’s the rub. 3-D printing is so new that engineers have to develop new quality control methods before jumping into mass production. “We are dealing with a microscopic weld pool that’s moving at hundreds of millimeters per second,” says Todd Rockstroh, a mechanical engineer at GE Aviation. “Every cubic millimeter is a chance for a defect.”
Big data and sophisticated algorithms can help. GE Aviation is developing inspection technology that can collect and analyze manufacturing data and spot potential trouble like temperature anomalies while the part is still being made. “When the weld pool is too small, things could be colder than they should be, when it’s too big, it could be too hot,” Rockstroh says.
How hot? The laser heats the alloy, a special blend of cobalt, chrome, and molybdenum, to more than 2,250 degrees Fahrenheit.
Welders have monitored weld pools for centuries with shaded glasses, listening to the “bacon sizzle” of the molten metal, and later using infrared sensors, cameras, and pyrometers. GE is collecting all this data, as well as information from sensors checking the mechanical stability of the 3-D printing machines and the laser beams, and feeding it into algorithms that reduce terabytes of raw data to megabytes of useful information. “We are talking about monitoring large parts that take anywhere between 10 to 100 hours to produce,” Rockstroh says. “That’s when it gets real tricky. It is critical to know how each cubic millimeter is being built and not trust that you are good enough at process control.”
The technology stores the data and allows engineers to pull it up later during X-ray and other conventional testing to determine what went wrong or worked well.
GE estimates that this “in-process” inspection technology could increase production speeds by 25 percent and reduce the time set aside for “post-build” inspection by the same about.
The savings will add up. GE will install 19 fuel nozzles into each next-gen LEAP jet engine manufactured by CFM International, a joint venture between GE Aviation and France’s Snecma. CFM has orders for 4,500 LEAPs and GE plans to produce 100,000 3-D printed components for the LEAP as well as the GE9X engine, in development for Boeing’s new 777X plane.
full article
Looks like yesterday's early morning dip then rally, and day before, and day before... Definitely mm's.. So predictable
Sorry, Johnny c, meant to say topic was touched on yesterday re china patents
We'll as part of the MOU with Los almos it was explicitly stated that they would be looking for other patentable bits from Los almos research, so absolutely. Although I expect for now focus is on PrintRite3d
Johnny, the subject was touched on test by myself and jj