The following statement regarding potential competition to SGLB is from the recent 10K. I'm certainly aware that company's tend to list every potenial obstacle to their eventual success for fear of being sued by omitting something , no matter how remote the possibility. However I do find it interesting that the first two potential competitors listed are GE Aviation and Honeywell Aerospace (not GE and Honeywell in general, but the specific divisions they have been participating in joint ventures with). It's certainly plausable that their attorney's made them include these two entities just to cover all the bases.
Anyone else have any thoughts on the wording?
We anticipate some of our principal competitors in the United States will include AM End Users, such as GE Aviation, Honeywell Aerospace, Schlumberger, Rolls-Royce PLC, Pratt & Whitney; AM OEM equipment manufacturers, such as EOS, Concept Lasers and SLM; third party solution providers like Stratonics Inc., IMPACT Engineering, Inc, Computer Weld Technology, Inc. and Vibrant Corporation that specialize in designing and manufacturing automated welding equipment and quality control monitoring devices used in industrial applications, as well as Aerojet Ordnance, General Dynamics Ordnance and Tactical Systems, Alliant Techsystems Inc. and Energetic Materials and Processes, Inc., both of which are businesses focused on developing materials technology solutions in the advanced munitions market; and Straumann AG, BioMet 3I, Keystone Dental, HiOssen Dental, and companies that specialize in developing dental implants that heal rapidly. Most of these competitors have significantly greater research and development capabilities than we do, as well as substantially more sales, marketing and financial and managerial resources. These entities represent significant competition for us. In addition, acquisitions of, or investments in, competing companies by large corporations could increase such competitors’ research, financial, manufacturing and other resources.
