Sigma Labs Inc (SASI)

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Interesting article about Farsoon. I noticed they talked about having an open concenpt and need to collaborate to succeed. It's a concept shared by Siemens and others. I believe that closed concept is hurting GE. Another reason why I've always been excited with the DARPA Phase wins. SGLB will be right inside. Here's a clip from the Farsoon article.

“We’re very much aiming to be a global company,” says Don. “We are well established in China but realise that our international presence is still small, however we are expanding in that realm and getting our name out there. One big difference that sets us apart is our “Open for Industry” philosophy, we want to establish an open business model which I believe will help the industry develop much more quickly by offering the customer much more flexibility and freedom for their production needs.”

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Farsoon Facilities.jpg
AM Material Factory - Farsoon HQ, Changsha, China.

That openness is a big part of Farsoon’s DNA. The company began publicly announcing its open systems in 2014 back when the subject was relatively unheard of amongst other major players. Farsoon realised early on that a closed mindset “doesn’t quite work in an industrial setting” and by having open parameters and an open business model, it has made strides in both hardware and materials.

“It's one of the big challenges, it's something that Farsoon realised that you can't do this alone because every industry has its own specific requirements and that's one of the reasons why we are working with partners to really develop these systems,” Don added. “Farsoon isn't looking to control every aspect of the machine in the industry, we are very happy to work with partners to develop a complete solution.”

Farsoon has established a number of partnerships in the industry since 2015 including long-term partner Laser Sinter Service (LSS) in Germany, chemical giant, BASF which led to the development of its PA6 material, and Prodways in 2015 resulting in the launch of a new machine brand, Prodways powered by Farsoon. It’s also one of only two labs in China to receive the National Additive Manufacturing Laboratory status, which allows the company to tap into resources and collaborate with other research groups within the sector.

For this latest machine concept, while potential partners and customers are being kept under wraps, Farsoon says it’s particularly interested in how this machine will impact the automotive sector due to its large build volume and compatibility with PA6. Starting with in-house customer collaborations, we should be able to see some customer examples towards the end of 2018.