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No problem Alan...it's from GE
http://www.geaviation.com/press/other/other_20130524.html
It's obvious the relationship still exists by Mark's comments and additional shipments of product. Additive adoption has been a slow process but no doubt it's moving. INSPECT is available and we should be hearing about DEFORM at anytime now from Honeywell. Mark Cola don't strike me as a pipedreamer...if he's expecting an order, I think it will happen.
RECAP..
The DEFORM software, which I know everyone, including us, are anxious to get in the hands of customers has had a few fits and starts along the way but we’ve identified the issues and are recovering nicely from them and we’re anticipating a October 1 launch for that software product and the first version of which will go to Honeywell Aerospace in Phoenix, Arizona.
Unidentified Analyst
I was just simply enquiring whether you sincerely felt that eventual – actual production run PrintRite3D contracts would be forthcoming from GE and Honeywell.
Mark Cola - President and Chief Executive Officer
Yes. We fully anticipate and expect that, and we are planning for those and we are well positioned at the moment.
http://seekingalpha.com/article/3416166-sigma-labs-sglb-ceo-mark-cola-on-q2-2015-results-earnings-call-transcript?page=4&p=qanda&l=last
Materialise is upping their game on metal...
Sep 22, 2015
http://www.marketwatch.com/story/materialise-opens-metal-3d-printing-factory-in-germany-2015-09-22
Tuesday, April 22, 2014
http://www.materialise.com/press/materialise-joins-a-new-cooperation-agreement-with-sigma-labs-inc
Euromold - Friday...
Speaking of Friday, I am particularly looking forward to that day. Additive Industries will be presenting..
http://euromold2015.com/en/framework-program/3d-printing-conference/
Next Generation Industrial 3D Metal Printing Systems: Opportunities, Requirements & Solutions
Daan A.J. Kersten
Co-founder & CEO
Additive Industries b.v,
IMO with Euromold coming up next week and the DEFORM release the following week, we should be able to hold some ground. We are also closing in on the end of the 24 month time frame on the DARPA project.
That is the way I see it as well. Our new VP is being aggressive and proactive. The timing is excellent going into next week's Euromold with the Additive Industries presentation.
Thx...look forward to future updates from Sigma Labs..
Holding tight and looking forward to next week's Euromold. Members of AmericaMakes will be presenting and GE is one of them. Also, most important will be the presentation from Additive Industries as they are ready, willing and able to present their current work with Sigma Labs.
https://americamakes.us/news-events/events/event/107-euromold-2015
Euromold 2015
From September 22, 2015 until September 25, 2015
Dusseldorf, Germany
Agreed...some may not understand the tech but cannot deny the numbers upon arrival. Closing in is right...can you say..ground floor investment :)
SGLB is flawlessly executing on their plan.
Mark shed a little more light on that in his discussion with Holden Lewis at Oppenheimer...
http://seekingalpha.com/article/3185786-sigma-labs-sglb-ceo-mark-cola-on-q1-2015-results-earnings-call-transcript?page=3&p=qanda&l=last
Nice find Jackle...thx, the stars are lining up.
http://3dprint.com/91605/harry-kleijnen-metalfab1/
“With current processes there is human interaction with powder and that means the powder can get in the room we don’t like that, we don’t want to be in an asbestos situation in ten years, we really want to keep the powder in the machine at all times,” Kersten says of the MetalFAB1’s operation. “The integration and automation of printing and post-processing is also beneficial for the likes of aerospace customers. Currently each step requires certification; you have to log that the part has come out of the machine and is going into another machine for processing, this takes up a lot of time. Our system is automated so they require less paperwork.”
This may be of interest...
https://www.sae.org/standardsdev/summit/presentations/abbott-ind_spec.pdf
GE’s Approach to Specifications and Material
Qualification of Flight Hardware
Closing Statement
• No new regulations required for certification
• Advisory Circulars and Guidance Documents likely
• GE FAA certification experience:
1. GE9X T25 Sensor – Certified
2. LEAP Fuel Nozzle - Certify 2015
Industrial Specifications for Additive Manufacturing
SAE Specification Summit
Arlington, VA
July 7-8, 2015
Not sure what part of the fuel nozzles are not in production yet is not understood?
this was pretty good too....
Mark Cola...
So we do stay connected and we are in the forefront of that technology adoption and leading the efforts basically to pursue Sigma Labs becoming the defect of standard for such technologies. And it’s a good thing that others are working on similar technologies. We are not just sitting here believing our own popular press and there is a need as Vivek mentioned and as those production deadlines loom nearer and nearer for folks, you will see some accelerating growth in those activities for us.
http://seekingalpha.com/article/3416166-sigma-labs-sglb-ceo-mark-cola-on-q2-2015-results-earnings-call-transcript?page=4&p=qanda&l=last
Vivek Dave...
If you look at Honeywell, GE, PrintRite3D [ph] others and we are in touch with all of those very intimately and as far as they’re concerned, certainly we are one of the premier in leading solution. So I don’t think it’s a case that – it’s certainly not a case that the technology is not there. I think it’s really the case that additive is still new in the aerospace industry even though they’ve been looking at it on a research level for a long time. But when I mean new, I mean production wise and so with any new technology going into production especially aerospace, it always takes longer than you hope. But are we in the loop and are we integrally linked, I would say absolutely we are. And so I don’t see any danger of disconnect there.
I think it’s really a matter of within the end of 2015. Beginning at 2016, you’re going to see a huge acceleration because you’re going to see a lot of these efforts transitioning into production. And so hopefully that addresses your question, but I mean we have done very exhaustive market intelligence and we are aware of dozens of companies that either have machines or planning to buy machines. And I can tell you the North American demand for machines is hundreds of units, metal 3D printers. Now not all of those are going to want an advanced quality solution, but certainly we think a significant number will.
Yes...believe I heard that as well...
http://www.hotstocked.com/article/90948/sigma-labs-inc-otcmkts-sglb-crashes-hard.html
There was no observable trigger for yesterday's drop. The company is pushing ahead with no dramatic announcements that could have caused such a stir. If the information published by the OTC Short Report is to be believed, short volume for SGLB stock went through the roof yesterday, which may have been part of the reason for the drop.
The company's latest report is a 10-Q covering Q1 of this year and contains the following:
$2.49 million in cash
$143 thousand in total liabilities
$185 thousand in Q1 revenues
$371 thousand in Q1 net loss
Sigma announced a conference call to discuss Q2 financial results will be hosted this Friday. The company's latest filing is an 8-K detailing the joint venture with Arete Innovative Solutions LLC that Sigma officially announced in late June.
Whether the drop is a freak accident or the start of something more remains to be seen. When Sigma comes forward with its second quarter figures in another couple of days, the stock price will no doubt react again and then traders will have solid information to make their decisions on, not just short selling scares and hopes.
We should all know a little more on Friday...
SANTA FE, N.M., July 27, 2015 -- Sigma Labs, Inc. (SGLB) ("Sigma Labs" or the "Company"), a developer of advanced, in process, non-destructive quality inspection systems for metal-based additive manufacturing and other advanced manufacturing technologies, today announced that it will host a conference call to discuss the financial results for the Company's second quarter of fiscal 2015. The conference call will be held Friday, August 7, 2015, at 11:00 a.m. Eastern Time. Sigma Labs plans to release the Company's 2015 second quarter results prior to market open that same day, August 7, 2015.
To participate in the call, please dial toll free 1-888-243-4451, or 1-412-542-4135, approximately five minutes before the conference call time stated above. A live webcast of the call can also be accessed on the Sigma Labs website at www.sigmalabsinc.com. A recording will be available on the Company's website upon completion of the call.
Interesting rule...we could use this here..
http://www.bloomberg.com/news/articles/2015-08-04/chinese-brokers-halt-short-selling-as-regulators-tighten-rules
there is certainly a lot going on there...
Sigma Labs
Honeywell International
Working Together to Build an in-process NDE System for:
Objective Evidence of Compliance to Design Intent
© 2014 by Honeywell International Inc.
Process Monitoring - DARPA
• Ensuring quality during build important for Part Quality
- Metallurgical Properties: PrintRite3D® INSPECT
- Melt pool monitoring and defect recognition
- Geometric Properties: PrintRite3D® DEFORM™
http://sigmalabsinc.com/uploads/Events/RAPID%202015%20Non%20Destructive%20Evaluation%20Techniques%20for%20Additive%20Manufacturing%20-%20Joint%20Technology%20Development%20Between%20Honeywell%20Corporation%20and%20Sigma%20Lab.pdf
I think DadX4 had recently posted some information on that. May want to browse past posts..
http://www.4-traders.com/HONEYWELL-INTERNATIONAL-I-4827/news/Honeywell--Patent-Issued-for-Methods-for-Repairing-Turbine-Components-20774131/
"In accordance with an exemplary embodiment, a method is provided for repairing at least one turbine component. The method includes positioning a first turbine component of the at least one turbine component in a bed of powdered metal, the first turbine component having a first set of dimensions; depositing a layer of the powdered metal onto the first turbine component; selectively melting the layer of powdered metal onto the first turbine component with a laser; and successively performing the depositing and selectively melting step until the first turbine component has a second set of dimensions."
would be nice if we somehow had a place in this...
http://sigmalabsinc.com/index.php?mact=News,cntnt01,detail,0&cntnt01articleid=80&cntnt01origid=59&cntnt01pagelimit=20&cntnt01returnid=59
Santa Fe, NM – May 7, 2013
SIGMA LABS, INC. AWARDED CONTRACT FROM FORTUNE 100 POWER GENERATION COMPANY FOR NEW MANUFACTURING TECHNOLOGY TO REPAIR GAS TURBINES
http://www.getfilings.com/sec-filings/150331/SIGMA-LABS-INC_10-K/
SIGMA LABS, INC. - FORM 10-K - March 31, 2015
no...but we have this..
http://www.prnewswire.com/news-releases/sigma-labs-signs-technology-cooperation-agreement-with-additive-industries-300007213.html
"Cooperating with Sigma Labs allows Additive Industries to improve the predictability of the 3D print process, which is critical to advanced applications in markets like aerospace, medical technology, and high-tech equipment," added Daan Kersten, CEO of Additive Industries.
http://www.marketplaceseminar.com/content/dam/lfw/Documents/LPMS-Dexheimber-John-2015.pdf
Additive Manufacturing Meets the Financial
Markets....
The Challenge for the Lasers & Photonics Sector:
Value Creation Opportunities In Additive
“Niche-er” players, either US and EU listed
? Arcam, ExOne, Voxeljet, SLM Solutions, Sigma Labs, Makism 3D,
Organovo, Alphaform, Graphene 3D
? Combined revenue of ~$210M with MV of $1.8B : 9X MV
? Down from year ago, but emerging is alive and well
follow up reports should provide an interesting read...
http://www.networkworld.com/article/2943724/it-skills-training/navy-goes-all-in-on-3d-printing-technology.html
The Office of Naval Research will on July 15 detail its Quality Metal Additive Manufacturing (Quality MADE) program that will aim to “develop and integrate the suite of additive manufacturing software and hardware tools required to ensure that critical metallic components can be consistently produced and rapidly qualified in a cost effective manner.”
thx...