Sigma Labs Inc (SASI)

[steve2014]

By 2020, GE Aviation will produce more than 100,000 additive manufactured components for the LEAP and GE9X engines. GE will install 19 additive manufactured fuel nozzles on every LEAP engine, which has amassed more than 4,500 orders.

The LEAP fuel nozzle is up to 25 percent lighter and five-times more durable than traditionally manufactured fuel nozzles, leading to big fuel savings.

Mark Cola, Sigma CEO, said through the agreement, the two companies will work to assure the “build quality and as-built repeatability of additively manufactured aircraft engine components, thereby ensuring predictable materials properties critical to successful product commercialization.”

Sigma said it is also in final discussions with Interactive Machines, Inc., to complete a joint venture agreement to commercialize a breakthrough 3D metal prototype machine designed to produce an increased output of up to 10 times over currently available 3D metal printing machines. Demonstration of the prototype is planned for the third quarter of 2014.

Sigma said it anticipates to have worldwide, exclusive manufacturing and marketing rights to the device, with Interactive Machines owning the intellectual property and receiving a royalty from Sigma for the use of its production technology.