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“The RDT ALPACA effort between NASA and Aerojet Rocketdyne is another example of our collaboration and partnership in advancing additive manufacturing technologies,” said Aerojet Rocketdyne Senior Engineer Bryan Webb.
SANTA FE, N.M., March 02, 2017 (GLOBE NEWSWIRE) -- Sigma Labs, Inc. (NASDAQ:SGLB) (“Sigma Labs” or the “Company”), a provider of quality assurance software under the PrintRite3D® brand, today announced that it has received a contract from Aerojet Rocketdyne, a subsidiary of Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD), as a follow-on to last year’s award tied to a U.S. Air Force propulsion initiative. As previously announced in March, 2016, Sigma Labs’ technology is being evaluated by Aerojet Rocketdyne for its contract with the Air Force for liquid-fueled rocket engine applications – part of a plan to transition away from the Russian-made RD-180 engines currently used on the Atlas V launch vehicle.
This follow-on contract includes an upgrade of Sigma Labs’ PrintRite3D® software with new and improved sensors and enhanced algorithms. Sigma Labs will provide engineering support via complex geometry-specific data analysis and, among other tasks, work with Aerojet Rocketdyne to assess and quantify any in-process data variation. Additional terms of the award were not disclosed.
“Our longstanding relationship with Aerojet Rocketdyne continues to result in additional work to move additive manufacturing forward, particularly with regard to aerospace and defense applications,” said Mark Cola, President and Chief Executive Officer of Sigma Labs. “We’re pleased that our PrintRite3D® software is being recognized as a game changer within the industry, and awards such as this show the increased confidence that customers have in our technology as they mature toward product qualification and process certification. Working together, we can bring advanced solutions to the U.S. Air Force for state-of-the-art component manufacturing.”
About Sigma Labs, Inc.
Sigma Labs, Inc. is a provider of quality assurance software under the PrintRite3D® brand and a developer of advanced, in-process, non-destructive quality assurance software for commercial firms worldwide seeking productive solutions for advanced manufacturing. For more information please visit us at www.sigmalabsinc.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements often contain words such as "expects," "anticipates," "intends," "believes" or "will." These forward-looking statements are subject to a number of risks, uncertainties and assumptions that could adversely affect us, including the risks set forth in Sigma Labs' most recent annual report on Form 10-K. The forward-looking statements in this press release are made only as of the date of this press release. Sigma Labs undertakes no obligation to update any of these forward-looking statements, whether as a result of new information, future events or otherwise.
Contact Data
Investor Relations Contact:
Chris Witty
cwitty@darrowir.com
646-438-9385
Contact
May 15, 2021
NASA Additively Manufactured Rocket Engine Hardware Passes Cold Spray, Hot Fire Tests
3D-printed bimetallic lightweight thrust chamber assembly before hot fire testing at NASA’s Marshall Space Flight Center in Huntsville, Alabama.
3D-printed bimetallic lightweight thrust chamber assembly before hot fire testing at NASA’s Marshall Space Flight Center in Huntsville, Alabama.
Credits: NASA
The Robotic Deposition Technology team completed the first phase of testing a 3D-printed metal thrust chamber assembly at NASA's Marshall Space Flight Center in Huntsville, Alabama.
The Robotic Deposition Technology team completed the first phase of testing a 3D-printed metal thrust chamber assembly at NASA's Marshall Space Flight Center in Huntsville, Alabama.
Credits: NASA
NASA is partnering with Aerojet Rocketdyne to advance 3D printing technologies, known as metal additive manufacturing, and its capabilities for liquid rocket engines in landers and on-orbit stages/spacecraft.
The Robotic Deposition Technology (RDT) team, led out of NASA’s Marshall Space Flight Center in Huntsville, Alabama, is designing and manufacturing innovative and lightweight combustion chambers, nozzles, and injectors that will incorporate automated robotic deposition 3D-printing technologies: cold spray deposition, laser wire direct closeout, laser powder bed fusion, and laser powder directed energy deposition. The goal is to evolve these processes using weight-optimized materials to validate operability, performance, and reusability through hot fire testing.
The RDT project team recently hot fire tested their lightweight combustion chamber and nozzle. Other hardware for this testing included injectors and carbon composite nozzles that were recently tested under the Long Life Additive Manufacturing Assembly (LLAMA) project.
“Testing of the RDT Advanced Lander Propulsion Additive Cold-spray Assembly (ALPACA) chamber went very well and demonstrated a new technology capability for NASA and industry partners,” said Thomas W. Teasley, engineer at Marshall.
The hardware accumulated eight starts at 365.4 seconds of total hot fire duration. The main combustion chamber experienced pressures up to 750 pound-force per square inch (psi) for all tests conducted as well as calculated hot gas temperatures approaching 6,200 degrees Fahrenheit. Three different carbon composite nozzles designed for 7,000 pounds of thrust were also tested and demonstrated their capability to endure extreme environment conditions with measured nozzle temperatures of more than 4,000 degrees Fahrenheit.
“The RDT ALPACA effort between NASA and Aerojet Rocketdyne is another example of our collaboration and partnership in advancing additive manufacturing technologies,” said Aerojet Rocketdyne Senior Engineer Bryan Webb.
RDT’s advancements will benefit future NASA and commercial space missions by providing more lightweight and cost-efficient liquid rocket engine parts instead of traditional hardware, which is heavier and typically comprised of more parts.
RDT is funded by NASA's Game Changing Development Program, which is a part of NASA’s Space Technology Mission Directorate.
By Marina Guerges
NASA's Game Changing Development Program
Last Updated: May 17, 2021
Editor: Lee Mohon
Upcoming Event
May 24, 2021 • 10:00 am MDT
Special Meeting of Stockholders
"Sigma Labs combines the control and flexibility of our MCP platform with the most advanced quality assurance system. This will help standardize the AM process and quality control by providing MCP owners full access to the new capabilities of Printrite3D," said Bart Van der Schueren, Executive VP & CTO, Materialise NV.
"PrintRite3D 7.0 allows organizations to improve process qualification and certification. The ability to monitor the actual temperature will lead to enhanced industry adoption of AM technologies," said Peter Lindecke, Head of Quality Assurance & Qualification Team, Fraunhofer-Einrichtung für Additive Produktionstechnologien IAPT.
just to recall...
Sigma Labs Releases PrintRite3D 7.0 Quality Assurance System for 3D Metal Printing
New Release Contains Breakthroughs in Quality and Economics Driven by Temperature Calibration
SANTA FE, NM – April 29, 2021 – Sigma Labs, Inc. (NASDAQ: SGLB) (“Sigma Labs”), a leading developer of quality assurance software to the commercial 3D metal printing industry, has released Version 7.0 of its industry-leading system for in-process quality assurance for industrial 3D manufacturers. The new release was developed after extensive input from existing customers, 3D metal printing manufacturers, universities and standards organizations. Next generation PrintRite3D 7.0 contains upgrades to existing features, as well as significant new functionality that meets industry demands driving enhanced quality and better economics for end-users.
PrintRite3D® Version 7.0 Key Features:
Temperature Monitoring and Calibration, including a cooling rate metric and units/traceability for TEP to Celsius/Kelvin conversion.
Neural Net Machine Learning Recoater Interaction Detection, that allows users to automatically spot recoater interaction detection with higher diagnostic accuracy.
User Facing Machine Learning Predictive Models, allowing testing and training of new users on in-process quality monitoring to correlate in process anomalies to post process NDT defects.
Multi-Laser Quality Metrics, to monitor and alert users when lasers are coming into close contact and interacting.
Production Framework, for visualizing of reference data and enabling statistical analysis of anomalies to detect build process trends and deviations.
3D Visualization Diagnostics, provides usability enhancements and rapid cross-section analysis and easy comparison to CT.
User Roles and Login, data visualization authentication access for enhanced security.
Mark Ruport, President and CEO of Sigma Labs, stated, “We believe the release of PrintRite3D version 7.0 marks a significant milestone in the evolution of in-process quality assurance. Our commitment to radical collaboration and setting a high-quality standard in 3D metal printing will benefit not only Sigma Labs customers but we expect that it will also help accelerate the growth and prosperity of the entire additive manufacturing industry.”
PrintRite3D Version 7.0 Feedback from Key Opinion Leaders (KOLs) in Additive Manufacturing:
“Sigma Labs combines the control and flexibility of our MCP platform with the most advanced quality assurance system. This will help standardize the AM process and quality control by providing MCP owners full access to the new capabilities of Printrite3D,” said Bart Van der Schueren, Executive VP & CTO, Materialise NV.
“PrintRite3D 7.0 allows organizations to improve process qualification and certification. The ability to monitor the actual temperature will lead to enhanced industry adoption of AM technologies,” said Peter Lindecke, Head of Quality Assurance & Qualification Team, Fraunhofer-Einrichtung für Additive Produktionstechnologien IAPT.
“The newest version of PrintRite3D provides unique benefits to the industry. The temperature monitoring, machine learning and predictive modelling capabilities will lead to further confidence in the industrial adoption of AM technologies,” said Dr. Ben Dutton, Principal Research Engineer – NDT, The MTC Limited - Manufacturing Technology Centre.
“PrintRite3D 7.0 is a very important release as it provides a competitive advantage for our customers. They can access calibrated melt pool temperature and monitor the cooling rate which means higher quality mission critical parts,” said Dr.-Eng. Guido Adam, Head of Design, DMG MORI Additive GmbH.
“PrintRite3D 7.0 has established a new level in technology to ensure the highest quality standard in the 3D metal printing industry and this is paramount to our customers. Most important, Sigma accomplishes this at production scale in an era of increasing part complexity.” said Jurgen Westerhoff, Product Manager, Additive Industries b.v.
About Sigma Labs
Sigma Labs Inc. is a leading provider of in-process quality assurance (IPQA®) software to the additive manufacturing industry. Sigma Labs specializes in the development and commercialization of real-time monitoring solutions known as PrintRite3D® for 3D metal advanced manufacturing technologies. PrintRite3D detects and classifies defects and anomalies real-time during the manufacturing process, enabling significant cost-savings and production efficiencies. Sigma Labs believes its software product will be a major catalyst for the acceleration and adoption of 3D metal printing. For more information, please visit www.sigmalabsinc.com.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (which Sections were adopted as part of the Private Securities Litigation Reform Act of 1995). Statements preceded by, followed by or that otherwise include the words "believe," "anticipate," "estimate," "expect," "intend," "plan," "project," "prospects," "outlook," and similar words or expressions, or future or conditional verbs such as "will," "should," "would," "may," and "could" are generally forward-looking in nature and not historical facts. These forward-looking statements involve known and unknown risks, uncertainties and other factors. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are risks relating to, among other things, market and other conditions, Sigma Labs' business and financial condition, the extent of the market's acceptance of PrintRite3D version 7.0, Sigma Labs' ability to satisfy its capital needs through increasing its revenue and obtaining additional financing, and the impact of COVID-19, general economic, industry or political conditions in the United States or internationally. The Company disclaims any intention to, and undertakes no obligation to, revise any forward-looking statements, whether as a result of new information, a future event, or otherwise. For additional risks and uncertainties that could impact the Company's forward-looking statements, please see disclosures contained in Sigma Labs' public filings with the SEC, including the "Risk Factors" in Sigma Labs' Annual Report on Form 10-K, and which may be viewed at www.sec.gov.
CONTACT:
Investor Contact:
Chris Tyson
Managing Director
MZ Group - MZ North America
949-491-8235
SGLB@mzgroup.us
www.mzgroup.us
Company Contact:
Steven Gersten
Sigma Internal IR
813-334-9745
investors@sigmalabsinc.com
Sigma Labs: Going Long For The Long Haul
Apr. 28, 2021 7:28 AM ETSigma Labs, Inc. (SGLB)
Summary
The fundamentals in the 3D Metal Printing business are bright with plenty of runway for growth.
Sigma is intent on marketing its technology aggressively and investing heavily behind it.
Financial trends, as well strong volume trends, in recent sessions result in us having a bullish bias here.
>>>The market acceleration is coincident with the continued validation of our technology by government agencies such as DARPA, international R&D organizations, such as Fraunhofer, MTC, Northwestern EWI; independent software companies, such as ANSYS and Materialise; aerospace and defense companies, including sophisticated 3D printer users such as Lockheed Martin, Airbus, and the recent contract we got with a European aerospace and defense company; oil and gas industry leaders like Baker Hughes; and private organizations that are building Factories of The Future like IN4.OS; and 3D printer manufacturers, including DMG MORI, Additive Industries, and as I mentioned earlier, Ermaksan.<<<
This is the basics of the strong buy
Sigma Labs is a strong buy
>>>“BUT, if SGLB is not a buy down here it never will be..”IMO, No substantial PRs in the next couple weeks you could get the bargain price of $2.79 or less. (Not a recommendation to buy or sell)<<<
Target: >1000$ by End of 2021!
That sounds quite positive thanks for your opinion
>>>“A takeover attempt would be nice to get things moving! “ IMO, Not likely to happen. The main benefit (other than their software) of SGLB at this time is that they are independent. While Ruport may have sold businesses in the past, not really a good option here, as their potential customers are potential competitors of each other. SGLB would lose much of their potential customer base, therefore much of their potential for growth. Key word here is “potential”. We will see how the year plays out. Could go either way.<<<
>>>Here is a fact: If approved, all shareholders will have their value cut in half as it relates to ownership of the company. They are diluting, plain and simple, as is proven by the recent placement. You can paint it however you like, and claim a ton of things like, used for buyouts, etc, etc, etc. to the positive side, or any investor/trader could take it for what it has resulted in the past, time and time again - it will be used for general corporate purposes - pay, R&D, etc. In short, little has changed in the way of sales and have said this for over 5 years here...sales is what a business is ALL about in the end. They can make the next great thing and in the end, if no one wants to buy it, they will eventually fold...<<<
You are right for the past
>>>Perhaps at MdDonalds to keep the costs down!
Charlie<<<
Japanese C0's are not interested in cheap solutions.
They are perfectionists like the Germans...
It is interesting that more and more Japanese Co's believe and invest in Sigma Labs
Sigma Labs is getting more and more significant...
>>> and will be integrated with the Materialise Control Platform (MCP).<<<
https://finance.yahoo.com/news/sigma-labs-awarded-initial-contract-123100738.html
>>>This is significant for Sigma Labs!<<<
Yes it is!
Capt Smith77
no
>>>Does this mean it's heading to $12 PPS?<<<
it will go to $1000 this year.
sorry here is the link:
here is the answer:
Sigma Labs (Nasdaq: SGLB) Featured in Proactive Investors Interview
Mark Ruport, President and Chief Executive Officer of Sigma Labs, Discusses the Company’s
Recent Earnings Results, Direct Stock Offering, and a Rejuvenated 3D Metal Printing Market
To watch the interview, please click here.
Thanks VisionaryInc!
>>>Clearly the institutional investors purchasing shares and warrants understand the current status of Sigma Labs is worth risking a 9.7 million dollar investment. They have clearly done due diligence and understand there investment will see an increase in value over the life of the investment.<<<
I believe those guys are also somehow wise as they do not like to loose money?
>>>You are a wise man, dad.<<<
Actually the wise man strategy is day trading?
Good luck to the wise mans...
>>>You have been saying that for years. It hasn’t happened yet. It will progress, but at a much slower pace. There will be greater pops in the pps than there will be surges in copies of software sold.<<<
Thanks for the confirmation and that is exactly the point!
>>>“This is exactly the point, see what Elon Musk is doing!” Unfortunately not with Sigma Labs.<<<
he will ask for help soon...
He always understand the outstanding technology opportunities quickly...
After the people understand the value of SGLB the PPS will just explode...
>>>“It's better to be without a book than to believe a book entirely. ...”<<<
This is exactly the point, see what Elon Musk is doing!
>>>Optimistic is I have contract in hand and money in the bank. Not, We have to wait and see.<<<
please read the CC carefully...
>>>Fake only if one is blind.<<<
again this no correct answer!
I read all this CC story and I am still very optimistic in the Business Plan of this Co!
>>>One other interesting note: He said something along the lines of: if the customer had all the same manufacturer/ type of printers they had less of a need for PrintRite3D<<<
Fake news?
Please verify, thanks
>>>“Curb your enthusiasm. The first thing to do when you try to make money off your inventions is to keep your expectations low. That way you can set realistic goals and the results won't disappoint you no matter what they are. A recent survey showed that 54 percent of inventors think their invention will make over $5 million with another 24 percent expecting at least $1 million.
So, 78 percent of inventors expect to make big bucks, but only 5 percent of patents even go commercial, and fewer than 1 percent generate seven figures for the patent holder. Five or six figures is much more realistic, but that's only if you put in a lot of effort, invest a lot of money, and don't hold out for a jackpot that may never come.” https://www.upcounsel.com/how-much-do-inventors-make.<<<
That is the Chinese Understanding of doing Development.
Why Chinese Cos should pay for that...
>>>so, no german connection for sigma labs?<<<
Just read this article:
https://www.forbes.com/sites/amyfeldman/2021/03/18/how-materialises-founding-couple-3d-printed-a-billion-dollar-fortune/?sh=42bd6e456695&utm_medium=social&utm_campaign=socialflowForbesMainTwitter&utm_source=ForbesMainTwitter
I am very optimistic on 3D printing and I am very positive on Materialise.
“It is going to happen, but not next year....3D printing is a slow revolution.”
New 3D printer from TRUMPF helps fabricators move into mass production
https://www.trumpf.com/en_US/presse/global-press-releases/press-release-detail-page/release/new-3d-printer-from-trumpf-helps-fabricators-move-into-mass-production/
Higher quality thanks to improvements in inert gas supply and melt pool monitoring
Sigma Labs technology is just leading...
Cooperation Agreement Will Provide DMG MORI Customers Industry Leading In-process Quality Assurance Solution for LASERTEC SLM Machines
>>>"After rigorous testing we are pleased to announce that PrintRite3D has been selected as our preferred solution for melt pool monitoring for our LASERTEC SLM line of 3D printers," said Mathias Wolpiansky, Managing Director, Additive GmBH. "Our partnership offers our customers the best integrated and most advanced melt pool monitoring solution in the market today. We look forward to working with Sigma's engineering team to continue enhancing our integration and deliver more innovative solutions in the coming year."<<<
Good morning Train,
>>>How soon? what will bring this about?<<<
I expect nice revenue figures next week so the move up will be first cautiously and than fast.
I trust Ruport.
But you love her so you should stay with her like in real live...
>>>Some days I wish I never met her.<<<
The volumn is again above 5 Mio already
The PPS will move up significantly in the short term.
Lockheed Martin Corp.’s
Space Additive Design & Manufacturing Center based in Sunnyvale, California
This announcement yesterday is not comparable to e.g. Siemens last time...
Todays target is not less than $10!
Volumn is already more than 100 Mio