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.
Birds are learning fast how to fly and than enjoy to fly high
A special bird was listening to you...
Sigma Labs, Inc. (SGLB)
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
Add to watchlist
Quote Lookup
6.66+3.33 (+99.55%)
As of 9:46AM EDT. Market open.
Sigma Labs soars after winning PrintRite3D contract with Lockheed Martin
Mar. 15, 2021 9:04 AM ETSigma Labs, Inc. (SGLB)By: Carl Surran, SA News Editor
Sigma Labs (NASDAQ:SGLB) +52.7% pre-market after saying it was awarded a contract for an initial system of its PrintRite3D in-process quality assurance solution by Lockheed Martin (NYSE:LMT) in Sunnyvale, California, although the specific value of the award is not disclosed.
As part of the initial contract, Lockheed Martin will assess the viability and performance of PrintRite3D technology for the Space division in support of a variety of defense and civil space programs.
PrintRite3D is an interactive in-process quality assurance system that discovers potential anomalies and incorporates machine learning in conjunction with developed metrics to map those metrics to post-process data.
Lockheed is becoming a major space exploration contractor whose shares appear substantially undervalued, Zvi Bar writes in a bullish analysis posted recently on Seeking Alpha.
>>>spacecraft and missile engineering at Lockheed Martin Space
it looks like things will change now quickly
Sigma Labs Signs Agreement with Lockheed Martin for Its PrintRite3D® In-Process Quality Assurance Solution
Lockheed Martin is Speeding Production Using Melt Pool Monitoring Technology
SANTA FE, NM - March 15, 2021 - Sigma Labs, Inc. (NASDAQ:SGLB) ("Sigma Labs"), a leading developer of quality assurance software for the commercial 3D metal printing industry, has been awarded a contract for an initial system of its PrintRite3D in-process quality assurance solution by Lockheed Martin Space Additive Design & Manufacturing Center based in Sunnyvale, California. The Additive Design & Manufacturing Center supports the entire Space portfolio and integrates key materials research and manufacturing processes to streamline the affordable delivery of satellite components.
As a part of this initial contract, the Lockheed Martin team will assess the viability and performance of PrintRite3D technology for the Space division in support of a variety of defense and civil space programs. PrintRite3D® is an interactive in-process quality assurance system that combines inspection, feedback, data collection and critical analysis. The system discovers potential anomalies and incorporates machine learning in conjunction with developed metrics to map those metrics to the post-process data. Through its careful attention to the unique requirements of the additive manufacturing industry, PrintRite3D provides a high-fidelity, accurate system that can confidently scale to multi-laser in dual and quad laser systems.
“After review of our needs and potential solutions, we selected the Sigma PrintRite3D system because of its robust analysis capabilities, quality assurance solutions, data capture technology, and scalability across various OEM 3D printing platforms,” said Kristi Farley, vice president spacecraft and missile engineering at Lockheed Martin Space. “Assurance of print quality and repeatability is essential to the critical missions that we support.”
Mark Ruport, President and CEO of Sigma Labs, stated, "We are extremely pleased to welcome Lockheed Martin’s Space Additive Design & Manufacturing Center as a Sigma Labs customer. It’s gratifying that they recognize the commitment our company has made to supporting the entire additive manufacturing industry with innovative in-process quality solutions.”
About Lockheed Martin
Headquartered in Bethesda, Maryland, Lockheed Martin Corporation is a global security and aerospace company that employs approximately 114,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. Please follow @LMNews on Twitter for the latest announcements and news across the corporation.
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, 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
outlook2020,
just a recommendation from Thailand:
keep cool and do not waste your time to post always the same...
>>>“Sigma Labs to Present at the Investor Summit Q1 Virtual Summit on March 25, 2021” Just like clockwork. We know where this is going.<<<
some people are tired to see your negative posts all the time, thanks!
wickw50,
why you need to repeat your not good old story?
>>>Sigma needs to keep giving away the software to various companies in hopes that maybe some engineer/IT person figures out how to make this software work, because, obviously, in-house engineering, including Mark Cola who gave up, has yet to figure it out. JMHO GLTA!<<<
SGLB PPS value do have a explosive set up!
The German connection together with Materialize is still the key for success in the short term!
even you!
>>>Selling the report for 6500 euros? Yikes.<<<
and at the end of the days all shareholders will be rich...
10K next week?
Prepare for the party...
>>>You seem to read and interpret in the negative for this company without a smoking gun of proof. FOR OVER 5 YEARS and WORKING WITH not Worked reads as past and current in any logical non biased world.<<<
That is the fact, Sigma is working...
Look at that great companies together with little Sigma, that is really amazing!
>>>“1st the software is now working and customers are aware of this “ The software wasn’t broken to now be working. It is the lack of sales that is the issue. There have been many RTEs that didn’t result in sales what makes this different?<<<
There have been many RTEs that didn’t result in sales
How many?
>>>Does this sentiment hold more weight than it did when you said it in 2014? What will make things happen suddenly and fast?<<<
1st the software is now working and customers are aware of this
2nd quarterly contracts will increase consistantly
3rd as Covid related pandemic situation will relax very soon and things will happen really quickly and fast
Do you own enough shares now as things will happen suddenly and very fast...
AIRBUS MASS 3D PRINTS WAVEGUIDE PARTS FOR LATEST EUTELSAT SATELLITES
Sigma Labs, the firm has validated metal PBF printing for serial aerospace production, while more recently, it partnered with Satair to create what it claimed to be the “first certified metal printed flying spare part.”
https://3dprintingindustry.com/news/airbus-mass-3d-prints-waveguide-parts-for-latest-eutelsat-satellites-184619/
>>>"software doesn't work." Link?<<<
you will not find any link, it is just an opinion of wickw...
“This is the power of mass customisation,” Kayser told the All Digital Additive Manufacturing YouTube channel in January. “First of all, it fits the right person, and secondly you can take new information into account and in the next production run, immediately there is a better product. This can only happen if you have algorithms creating these things because no human ever has the time to adapt everything all of the time.”
https://www.tctmagazine.com/additive-manufacturing-3d-printing-news/hyperganic-ceo-lin-kayser-interview-software-design/
amazing guy
wickw50
>>>PSYDOC, It’s because the software doesn’t work.... if it did every manufacturer in America would be buying it.<<<
it is like the newly developed vaccine for Covid America will buying it first and than the rest of the world because it works
Industry News
BackPrint Article
Buy Reprints
SHARE:
DMG Mori AM Machines to Integrate Sigma Labs QA System, With IN4.OS as First Customer
There are 0 comments | Post a comment
Wednesday, December 23, 2020
DMG Mori has selected Sigma Labs Inc.’s PrintRite3D as the preferred melt-pool-monitoring system for its Lasertec SLM machines, and Sigma Labs officials report that manufacturer IN4.OS will be the first customer for the newly integrated quality-assurance (QA) and 3D-printing solution. Engineering teams from both companies reportedly have worked extensively to ensure that the combination meets the needs of industrial manufacturers utilizing DMG Mori’s family of metal 3D printers. DMG Mori will be providing an interface with its printers to ensure that the systems are PrintRite3D ready.
"Sigma Labs' PrintRite3D is a crucial component of making additive manufacturing (AM) mainstream for critical manufacturing and delivering qualified products," says R J Singh, IN4.OS CEO. "We look ahead to ushering in a new era of American manufacturing with our strategic partners, Sigma Labs and DMG Mori."
Industry will move fast as post pandemic AM serial production demand in Q3 21 will boost development dramatically...
>>>PSYDOC, It’s because the software doesn’t work.... if it did every manufacturer in America would be buying it.<<<
As it works the PPS will be very soon at $ 1000!
Hi Endra,
welcome back...
Hi Visionary,
Emmelmann works for Frauenhofer
https://www.iapt.fraunhofer.de/content/dam/iapt/images/Academy/Process%20Monitoring%20Flyer.pdf
https://www.iapt.fraunhofer.de/de/Technologien/rundgang.html
SGLB with SLM 250...
Khun outlook2020,
I appreciate that you are still active here, thanks for that...
>>>They been started up with Sigma for a long time. If they were going to bite they would have already bitten.<<<
we are just talking about the tipping point, it will happen suddenly...
>>>All the more reason they wouldn’t. Even the method for Metal AM 3D printing is still in question for a lot of organizations. Thanks for helping prove my point.<<<
it will happen soon and very quickly...
May be Sigma Labs next...
14/01/2021
TRUMPF Venture invests in two AI/ML-powered cyber security start-ups
TRUMPF Venture acquired minority stakes in security start-ups CYR3CON and L7 Defense
Ditzingen, 14 January 2021 – The corporate venture capital unit of the TRUMPF Group closed minority investments in two cyber security start-ups: US-based CYR3CON™ as well as Israel-based L7 Defense.
CYR3CON™ has developed AI/ML-based software that mines information from hacker communities to predict exactly which vulnerabilities hackers will attempt to exploit in the future. CYR3CON™ is breaking new ground with this technical innovation, providing companies with an early warning system of potential vulnerabilities in their IT infrastructures. Customers use a platform provided by CYR3CON™ to safeguard against incidents such as unauthorized data access and cyberattacks, sidestepping the damage that would otherwise occur.
L7 Defense developed an enterprise-grade API (application programming interface) security solution that protects modern API-centric IT architectures from a full range of intelligent cyber-attacks. Their Ammune™ platform uses an innovative unsupervised AI/ML-approach to enable a highly automated low-maintenance security solution that is able to protect API traffic at scale.
“Both investments underpin our strong belief that cyber security is critical for industrial solutions to provide appropriate resilience facing increasing cyberattacks” said Dieter Kraft, Managing Director of TRUMPF Venture. “We are excited to work with both start-ups and combine their deep expertise in AI/ML as well as cyber security with TRUMPF’s strong footprint in connected, smart industrial solutions.“
>>>Trumpf is currently at the 2015 standard- I don’t think they will rushing in to anything.<<<
do not underestimate Trumpf
its one of Germanys most innovative private company
and also leading in USA
Coming soon: TRUMPF - Quality assessment in 3D metal printing for medical & aerospace industries
Understand the requirements and expectations of customers in a certified environment.
28 JANUARY 2021 17:25
Trumpf is going the same direction than Sigma Labs may be together...
Reddit's WallStreetBets may be just do not care...
This is a real nice:
Looking forward to 2021
We will continue to innovate and evolve our technology, execute on our sales and marketing plan, and build what we believe to be a word-class team to support our customers and partners to meet the growing demands of the market.
The movement up just started and will accelerate dramatically in the next days and weeks...