Thursday, February 23, 2017 6:16:18 PM
Small Santa Fe company makes big jump to NASDAQ
Feb 23, 2017, 2:46pm MST
INDUSTRIES & TAGS Technology, Banking & Financial Services
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Sigma Labs, a Santa Fe-based 3-D printing technology firm and one of New Mexico's few public companies, has uplisted from the OTCQB to the NASDAQ, the company announced Tuesday. This makes the 17-employee company the third in New Mexico to live on this exchange.
The move went into effect Feb. 15, according to Sigma. The small business initially raised $6 million in gross proceeds from the offering. Its ticker symbols are now SGLB and SGLBW.
Sigma Labs, a Santa Fe-based 3-D printing technology firm and one of New Mexico's few public companies, has uplisted from the OTCQB to the NASDAQ.
Sigma also entered a commercial deal with additive manufacturing company Morf3D, based in El Segundo, California, on Wednesday. Morf3D will use Sigma's PrintRite3D quality assurance software in creating their own products more efficiently, according to a separate press release from Sigma.
The small business, led by CEO Mark Cola, has had much success in recent months. In mid-January, Sigma reportedly struck a $6 million deal with an undisclosed European OEM. In November, the company partnered with global 3-D tech giant Siemens Industrial Turbomachinery AB of Sweden.
Cola was unavailable for comment.
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