Sigma Labs Inc (SASI)

[alanthill]

"Chris Witty stated in an e-mail that it was never their (GE's) intention to utilize PR3D from the start - that it would be utilized as a cost saving mechanism once mass production began." Actually, that is not what he said (from your quote) "Sigma's technology was never intended to be an solution for the initial engine certification, yet rather a cost reduction method once they move into production volumes for this and other engines. Sigma's technology is a productivity solution once manufacturing moves into full swing."
There is a difference between stating the" intended use of SGLB's technology" by Witty and your statement that it "would be utilized". To my knowledge the jury is still out on whether it will be used or not

To my knowledge this is what we know and don't know about GE's relationship with SGLB.

GE has had very early versions in test for about three years now and apparently has done some co-development work with SGLB in which they share rights. They do not have the right to sell SGLB's offerings to others. It is unclear whether should they choose to use SGLB products they would get some price concessions due to their co-development efforts.

The fuel nozzles are in production at Auburn now without the use of any SGLB technology. (We know this because Witty told us so, and Mark has also said that GE would be required to purchase units to perform production). We believe that GE is in the process of ramping up to full production but do not know what their definition of full production is. If GE is at the 5% level of eventual production without the use of SGLB's products that is not a real cause for concern. If they are at the 50% level without the perceived need for SGLB solutions that could signal they have other plans for quality assurance.

As Silver pointed out in an earlier post Mark seems to be hedging a bit on his timelines for GE's eventual adoption of SGLB's technology. In summary, it is not a done deal that will be culminated when full production is reached.