Sigma Labs Inc (SASI)

[Jackle]

The presentation in full

http://noble.mediasite.com/mediasite/Play/f567a81dadc3400ba3bfcd8e076de8bf1d?catalog=6f8e7abd-96e3-462f-8035-f48126f80846

a few interesting bits

2017 the year the market came TO Sigma. Manufactures had set up with AM manufacturing but asked Sigma for solutions to the yield problem (Solar Turbines, Woodward, Pratt etc). Can you help us improve yields they asked. Which obviously Sigma can. It's always positive to have customers coming to you, knocking on your door.

Discusses slide showing companies Sigma has been engaged with (the one in presentation)
Boeing, Thales, Northrop, Meggit, Thales, DSI, Woodward, Materialise, Alcoa, Spartacus3D, Benedix King, Solar Turbines, Additive Industries, Aerojet, Siemens, GE Energy, Vector Space, Honeywell, Pratt and Whitney, Surrey, General Atomic, Virgin, Millenium,USAF etc

IP is unusually strong for small company

Bit about Patent defense 14:30 ish

Presently in US 6-8000 machines, mainly prototyping but now they are moving to production they will buy in bulk (remember EOS new factory to produce 1,000 machines a year)



Currently we have early adopter pricing, that means we put a machine, or a package of machine and software out for $84,000 plus a $20,000 a year license fee. Early adopter pricing ends September 1st 2018. The EAP program accomplished what it needed to, it’s what the market would bear for a research tool that will not generate revenue for the buyer. Now, because we are only installing for people who are actually making stuff our pricing is going to be based on the value of the quality improvement to them.