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Thx...
Sigma Labs’ M290 has been
upgraded with its proprietary
PrintRite3D® suite of quality
assurance and process control
technology. Its PrintRite3D®
software allows Sigma Labs to offer
its customers a complete and
comprehensive solution for assuring
compliance to metallurgical and
geometric property specifications.
Reliability
DMLS® - German Engineering
Quality
PrintRite3D® - American
Quality Control
Just incredible to see this little company's name scrolling along the bottom as an Additive World partner along with the likes of Philips, Arbus, 3D Systems, etc.
And back we go...on another note..
http://additiveworld.com/Conference-series/Additive-world-conference-2015
The number of applications for additive manufacturing is growing rapidly. GE Aviation will offer its new Leap engine with 3D printed titanium fuel nozzles, medical implants are becoming mainstream and the number of high tech equipment manufacturers discovering the benefits and value of industrial 3D printing is growing. Since 2013 the Additive World Conference offers a platform for professionals and experts to share their experiences and visions of additive manufacturing. The Additive World Conference also covers a wide variation of AM related topics such as design for additive manufacturing, material qualification and testing, post-processing and more.
In Process Monitoring and NDI for Additive Manufacturing: Must or Nice to have?
speaker1
Mark Cola
http://b6sigma.com/uploads/media/Sigma%20Labs%20Presentation%20AWS%20Additive%20Conf%2020141113_REV1.pdf
Additive Conference
American Welding Society
November 13, 2014
Atlanta, GA
Mark Cola
President and CEO
Sigma Labs, Inc., 3900 Paseo del Sol, Santa Fe NM 87507
This is no scam...
http://www.designnews.com/author.asp?section_id=1392&doc_id=276363&dfpPParams=ind_183,industry_auto,industry_aero,industry_gov,industry_machinery,industry_medical,kw_cloud-computing,kw_40,bid_27,aid_276363&dfpLayout=blog
Standards bodies aren't the only ones working in this direction: so are manufacturers, many via their own internal guidelines, and others via collaboration in manufacturing institutes such as America Makes, the former National Additive Manufacturing Innovation Institute. The ASTM is also working directly with America Makes, which is now participating in the ASTM standards process for AM. America Makes has funded several projects for developing guidelines and knowledgebases for AM and 3D printing processes and equipment, including qualification and certification, as we've told you. Many of these projects concern metal processes and aerospace applications. Optomec, for example, is involved in several America Makes projects. One of these focuses on developing knowledgebases of deposition parameters for Ti-6Al-4V and IN718 (Inconel) using the company's LENS metal 3D printing process. Optomec's partners in this project are GE Aviation and Lockheed Martin.
the link..
http://www.designnews.com/author.asp?section_id=1392&doc_id=271460
GE Aviation, already heavily involved in AM, will lead a project to devise platform-independent quality assurance for high-volume production of aerospace components. It will involve multiple super-alloys and multiple 3D printers. An EWI-led project will develop an ultrasonic inspection method for high-performance aerospace titanium alloy components made using electron-beam deposition. The other partners, Lockheed Martin and Sciaky, are teaming on aerospace components such as an aircraft wing box made from titanium, as we've discussed before.
It's all a work in progress with Sigma Labs smack in the middle. Not bad for a penny :)
I hear ya on the blind faith WB...that's why it's important to me when the likes of GE, America Makes, etc. confirm that they are still working with Sigma Labs. It sort of lifts the blindfold a bit so I can get a peek. Appreciate your posts, GL.
Hang in there....Materialise has invited us to a slumber party...
It's still in development, ie, DEFORM and standards for certification of parts.
“In-Process Quality Assurance (IPQA) for Laser Powder Bed Production of Aerospace Components”
- General Electric Aviation
Led by General Electric Aviation, in partnership with Aerojet Rocketdyne; B6 Sigma, Inc.; Burke E. Porter Machinery Company; Honeywell Aerospace; Montana Tech of The University of Montana; and TechSolve, Inc., this project will address the need for the development of a commercially available, platform-independent Quality Assurance technology for high-volume AM production of aerospace components, which is currently lacking within the industry. The proposed effort will be achieved through the maturation of an IPQA technology solution that leverages a development approach, incorporating multiple AM machines and multiple super alloys.
:) Thx for sharing johnny.
http://additiveworld.com/Conference-series/Additive-world-conference-2015
ADDITIVE WORLD CONFERENCE III, MARCH 2015
Mark Cola - Sigma Labs
Nice...they should be paying you by the hour.
Good luck...looks like you're gonna need it.
Thanks...but luck is something I don't need. I'm in here way early and am up big time and have profited greatly. I'm going to stick with this winner.
Confirmation...connections into the industry remain strong. Their technology is needed as a valid solution.
"Working with some of the best known companies in the industry, including GE Aviation and Honeywell, we will use this project to further demonstrate our PrintRite3D® technology and provide for additional data collection. We believe awards such as this open up the way for business development opportunities and, at the same time, strengthen Sigma Labs' position in the nascent yet rapidly-growing AM space."
As a long, it was all I needed to hear to strengthen my resolve and validate my position.
GLTA
This was the response on that from Chris Witty...
KMI is an early stage development company that Vivek is involved with… He is still Chief Scientist at Sigma Labs, where he spends most of his time.
Thx for the response..
Am I right to assume that this now addresses Greg Morris' question of "what do you do with all that data"?
http://www.oracle.com/technetwork/server-storage/sun-unified-storage/documentation/hadoop-on-oracle-adurant-2392150.pdf
http://sigmalabsinc.com/index.php?mact=News,cntnt01,detail,0&cntnt01articleid=100&cntnt01origid=77&cntnt01returnid=59
Sounds very familiar indeed...
http://www.geaviation.com/press/other/other_20130524.html
The mutually-developed inspection technology will verify the quality and geometry of additive components during the additive build process, increasing additive production speeds up to 25 percent in support of GE Aviation's growing production rates.
"Today, post-build inspection procedures account for as much as 25 percent of the time required to produce an additively manufactured engine component," said Greg Morris, GE Aviation's business development leader for additive manufacturing. "By conducting those inspection procedures while the component is being built, GE Aviation and Sigma labs will expedite production rates for GE's additive manufactured engine components like the LEAP fuel nozzle."
Let the certification begin...
The statements are getting quite bold.
http://3dprintmagazine.eu/additive-industries-sluit-partnerschap-met-sigma-labs/
Additive Industries has a technology partnership agreement with Sigma Labs. The American company that develops advanced inspection systems, is involved in the further development of the Eindhoven 3D printer for metal. Additive Industries It is a significant step.
pg. 23 includes the new M290...
http://www.secinfo.com/d12TC3.xwj4.b.htm
5. License Fees. Licensee agrees to pay Licensor license fees, as follows:
(a) $12,500 upon execution of this Agreement, and $12,500 six months following the Effective Date.
(b) $25,000 on the second anniversary of the Effective Date.
6. Royalty Payments. Royalty payments will replace license fees starting in the third year in accordance with the following: Within 30 days following the end of each applicable year following the Effective Date, Licensee shall pay to Licensor royalty payments, as follows:
(a) 3.5% of the aggregate gross sales by Licensee relating to the Licensed Patents ("Sales"), if such Sales equal at least $1,000,000 during the first year following the Effective Date;
(b) 3.5% of Sales, if such Sales equal at least $1,000,000 during the second year following the Effective Date;
(c) 3.5% of Sales, if such Sales equal at least $1,000,000 during the third year following the Effective Date;
(d) 3.5% of Sales, if such Sales equal at least $2,000,000 during the fourth year following the Effective Date;
(e) 3.5% of Sales, if such Sales equal at least $3,000,000 during any year after the fourth year following the Effective Date.
7. Mandatory Performance Targets. The following minimum gross revenue requirements will be the main condition of exclusive licensing hereunder. If any such revenue target is not met, such exclusive licensing shall terminate immediately. However, the parties hereto may negotiate a non-exclusive license to the Licensed Patents in the event Licensee's exclusive license shall terminate:
Comment: Field: Page; Sequence: 3; Value: 1
3
(a) Third Year after the Effective Date. Licensee shall generate at least $1,000,000 of Sales during the third year following the Effective Date.
(b) Fourth Year after the Effective Date. Licensee shall generate at least $2,000,000 of Sales during the fourth year following the Effective Date.
(c) Fifth Year after the Effective Date and Subsequent Years. Licensee shall generate at least $3,000,000 of Sales during the fifth year following the Effective Date, and during each subsequent year during the term of this Agreement.
I had the same concern as well...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=109475612
r0und3r gives good insight...
Then you must have a large float :) Happy New Year to you as well..
Yes...it was a smart decision. He is in for now.
I also put 0 trust in others speculation...most especially on an OTC board. I know what I own. Happy New Year..
http://www.zacks.com/stock/news/158775/3d-printing-stocks-surge-2015-rebound-in-the-cards
I agree it may be a good day to take STOCK. Many are on vacation and we have experienced end of year selling. Some of the past projections I have seen were based the $975,000 in anticipated revenue the company announced last Dec. for two Inspect systems. My question here is when will we see it? Mark has consistently confirmed that the two systems delivered will remain at the delivery site and there have been negotiations regarding America Makes. Is that company they were delivered to waiting for the complete package (DEFORM and the big data package)? or confirmation for part certification?. We have obviously remained in the developmental stage throughout 2014. I wouldn't be surprised if GE outsources for some of the fuel nozzles especially since SGLB developed the technology. I remained fully loaded till this plays out. The connections are strong and and for me personally it is a risk worth taking. Happy New Year and thanks for your input on the board.
I think they will be a major acquisition target if all goes as planned... and, when/if GE adopts the technology publically for fuel nozzles it is game on. JMTC
I sent the following inquiry to Chris Witty and received this response...
Subject: Knowledge Machine International
Message: How will this affect current commercialization efforts of PrintRite 3D? How much time will Vivek be spending on his work with Sigma Labs now that he is CEO at KMI? Can we expect ARMS sales? An update and transparency is needed here for shareholders.
response...
KMI is an early stage development company that Vivek is involved with… He is still Chief Scientist at Sigma Labs, where he spends most of his time.
HAPPY NEW YEAR TO ALL....SGLB 2015
Merry Christmas to those who celebrate...Peace on earth to all. Here's to hoping Sigma Labs leaves us a nice big contract under the tree.
A large void was left in the field for this type of work when GE acquired Morris and Rapid Quality Manufacturing.
http://www.geaviation.com/press/other/other_20121120.html
I had also found this interesting during my research...
http://www.flightglobal.com/news/articles/analysis-morris-explains-how-ge-came-to-embrace-3d-403935/
At the time, Morris Technologies was still a start-up company with a broad range of clients spanning GE’s rapid prototyping shop, medical devices and consumer products. Buying the EOS machine, however, was still a big risk. Their intention was to acquire the machine and modify it substantially to suit a more sophisticated clientele, and thereby void the warranty and the guarantee for EOS support on the machine.
Right there with ya Chef...NYC now as of Dec.,2014 OC, CA....bring on the sunshine, USA