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Saturday, July 08, 2017 11:38:03 PM
Norsk Titanium AS has developed a new, faster approach to 3-D printing, using titanium wire rather than powder as the printing base. The company will soon unveil a broad partnership with Spirit AeroSystems, a major subcontractor for Boeing.
Norsk and other aerospace manufacturers are ready to begin crafting large structural jetliner parts via 3-D printing technology, but they're waiting on the approval of U.S. safety regulators, who are not expected to act until 2018.
Though approximately 30% less expensive than traditionally made parts, the FAA seeks consistency of production quality regarding the the titanium-printed parts. According to a recent report from Additive Manufacturing, an AM lab had to be shut down because it did not meet safety protocol.
Though makers of new technology often chafe at the delays imposed by government safety committees, safety is still important. Businesses often want to take risks with new technology as they experiment how to grow and improve production, but the flip side is that they need to be prepared for federal scrutiny and potential setbacks due to safety concerns.
Furthermore, quality assurance (QA) is notoriously difficult for manufacturers to guarantee. One way to measure quality is the pyramid method, with quality parts at the top, resting on two key components: build planning and build monitoring, joined by feedback control. The third tier consists of raw materials and calibration, while the base holds information management and information assurance, both of which support a sound QA process.
3-D printing may increase optimization — expediting the supply chain process so that manufacturers can test prototypes quickly before moving to production — but regulatory scrutiny may negate any increase in production speed. This may be frustrating for supply chain managers, but until 3-D printing is accepted by regulators as a reliable means of production, manufacturers that use 3-D printing should expect delays.
http://www.supplychaindive.com/news/3-d-printing-of-airplane-parts-from-titanium-seeks-faa-approval/445527/
Delays that MC has mentioned are not fault of SGLB; thus, SGLB waits and prepares and improves to be ready for takeoff when regulators finally give AM industry the greenlight. I'm still predicting $100 per share in 2020 that's about 500 million market cap. That's IMHO. I believe that the wrap up of the DARPA project with Honeywell next year will coincide with the AM regulator guidelines being in place. SGLB will be poised to capture a ton of AM business as their "digital fingerprint" will meet AM regulator guidelines like the FAA. All about quality and repeat-ability.
“We've started to engage the whole industry in the U.S.,” says Sevcik “We are working with National Institution of Aviation research to develop a comprehensive certification of the process. This will be a materials and process specification that the FAA has already seen and understands so that everyone can leverage it. On top of that, we will create a very substantial test data set based on these specifications so that there is statistical confidence. Not every company should have to go through the qualification programme; multiple businesses should leverage the same data, the same accepted standard specs to efficiently certify parts for aircraft.”
http://www.tctmagazine.com/3D-printing-news/additive-manufacturing-aerospace-qualification-quandary/ BTW this article is a good read for new investors who do not follow the whole "certification thing".
Many companies will not reinvent the wheel. They will utilize the process and the data that the Big Boys have spent years doing T&E on to get this right. SGLB as we all know has been in the mix of this T&E for many years now. SGLB will be part of the defacto quality solution. All IMHO but based on much DD.
Good Luck Longs!
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