Sigma Labs Inc (SASI)

[GetRich1day]

Yes, I asked about those solicitations like DARPA and then he referred to the Quality Made.

Here's a quick blurp about Quality Made

In the next couple of weeks, the US Navy says they plan to outline their future plans and requirements for additive manufacturing technology to bolster “fleet readiness,” and the Office of Naval Research will roll out details of its Quality Metal Additive Manufacturing (Quality MADE) program.
They say the aim of the program is to “develop and integrate the suite of additive manufacturing software and hardware tools required to ensure that critical metallic components can be consistently produced and rapidly qualified in a cost effective manner.”

https://3dprint.com/78496/navy-ramps-up-3d-printing/

Here's Mark's reply to that question.

Great question. Yes, I did see that call. We did evaluate that opportunity space that was in SPIR call. Typically those programs unless they're what's known as a direct to phase two, are generally reasonably small tools of money made available for SPIR phase one. Generally they are $100,000 or less. It's a lot of work of 100K particularly for a small business like us. And so we decided that that was not the right opportunity for us. But to that point, last July, there was an industry event that was held by the Office of Naval Research where they're looking in the next year or so to come out with a much, much larger call, sort of on the order of DARPA sort of related program, that sort of funding level where we've not actively engaged with multiple primes to be considered for teaming opportunities there.

So we're generally again focused on opportunities to get us to where we need to be faster than if we could do it on our own, and the one that you mentioned was not going to do that for us. Other opportunities as the one I mentioned, O&R, the upcoming O&R, it’s called Quality Made, might be an opportunity for us and we're evaluating that. But generally, our business models are aligned with stay focused on getting these operating divisions up and running and producing revenue recurring for us, and then look at these other sort of space. But again, back to if it makes sense and it gets us to where we need to be faster than we can do on our own, then absolutely we're all in. But, the one you mentioned didn't provide that opportunity for us.

Check my earlier post about that Navy study.