Sigma Labs Inc (SASI)

[GetRich1day]

It's nice to see more standards being developed; as, I believe that SGLB will meet the requirements being developed by Boeing, Oerlikon, FAA and DOD. Collaboration between industry and government and SGLB is well known by both. I'm betting SGLB will met the in-process control standards perfectly.

Oerlikon CEO Roland Fischer said the deal is intended to speed up adoption of additive manufacturing in the aerospace, space, and defense markets. They intend to use the titanium powder bed fusion additive manufacturing standard in collaboration with the Federal Aviation Administration (FAA) and U.S. Department of Defense, ensuring that companies using this technique to meet governmental flight requirements.

https://www.manufacturing.net/news/2018/02/boeing-oerlikon-begin-work-additive-manufacturing-standards-aerospace

Boeing

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"Getting written into a production specification is a major breakthrough for us. Now that our IPQA technology is part of an approved production process for Boeing and can be used in lieu of traditional ultrasonic inspection, we plan to work with Boeing suppliers to implement our unique inspection method for this new production process. Furthermore we believe it will become an important part of producing Boeing commercial aircraft structures."

Process accepted by Boeing in 2012 and Honeywell contract
http://www.prnewswire.com/news-releases/sigma-labs-inc-awarded-additive-manufacturing-contracts-from-honeywell-aerospace-139971823.html

FAA

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Company has received an invitation to speak at the Third Joint FAA – USAF Workshop on Qualification and Certification of Additively Manufactured Parts.

“We are delighted to participate in this crucially important workshop, which serves to reinforce the importance of qualification and certification of additive manufactured parts,” said Mark Cola, President and CTO of Sigma Labs. “Sigma is honored to be invited to participate and we look forward to contributing to the successful achievement of the workshop’s auspicious objectives.

https://globenewswire.com/news-release/2017/08/25/1100585/0/en/Sigma-Labs-to-Present-at-the-Third-Joint-FAA-USAF-Workshop-on-Qualification-Certification-of-Additively-Manufactured-AM-Parts.html

2) Remember that FAA reps even went to visit Sigma Labs.

DOD

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The DARPA program's goal is to develop an Integrated Computational Material Engineering (ICME) framework to accurately predict the properties of metal components produced using additive manufacturing.

"We are pleased to have been selected for this follow-on contract with Honeywell as part of a Phase II DARPA award," said Mark Cola, President and Chief Executive Officer of Sigma Labs. "Having successfully completed the Phase I piece of the program earlier this year, we look forward to working with Honeywell and its team to further demonstrate our PrintRite3D® technology for precise metal manufacturing applications.
https://www.prne

wswire.com/news-releases/sigma-labs-wins-phase-ii-darpa-contract-with-honeywell-281284911.html

2)

"We are very pleased to have once again been selected for a follow-on contract with Honeywell as part of their DARPA OM award,” said Mark Cola, President and Chief Executive Officer of Sigma Labs. “Having successfully completed the Phase II piece of the program earlier this year, we look forward to working with Honeywell and its team to further demonstrate how our PrintRite3D® technology enables rapid manufacturing processes such as laser-based 3D printing for precision metal components

https://globenewswire.com/news-release/2016/12/21/899585/0/en/Sigma-Labs-Wins-Phase-III-DARPA-Contract-with-Honeywell.html

3) Sigma Labs Wins Additional Contract with Aerojet Rocketdyne for U.S. Air Force Applications
https://globenewswire.com/news-release/2017/03/02/930054/0/en/Sigma-Labs-Wins-Additional-Contract-with-Aerojet-Rocketdyne-for-U-S-Air-Force-Applications.html