Sigma Labs Inc (SASI)

[GetRich1day]

1) I don't recall SGLB ever saying that they stopped doing business with GE. Please post that.

I know that we are doing business with Baker Hughes who is a GE company. as they are listed on SGLB's site as a partner.

SGLB did not name them in this PR but...

SANTA FE, N.M., Nov. 13, 2018 (GLOBE NEWSWIRE) -- Sigma Labs, Inc. (NASDAQ: SGLB) (“Sigma Labs” or the “Company”), a provider of quality assurance software under the PrintRite3D® brand, has been awarded a Test and Evaluation program contract with a leading provider of integrated oilfield products, services and digital solutions for its new PrintRite3D® version 4.0 hardware and software.
https://www.globenewswire.com/news-release/2018/11/13/1650388/0/en/Sigma-Labs-Enters-Oil-and-Gas-Industry-Wins-Test-and-Evaluation-Program-Contract.html

From Baker Hughes website

Baker Hughes, a GE company (NYSE:BHGE) is the world's first and only fullstream provider of integrated oilfield products, services and digital solutions
https://www.bhge.com/our-company

2) Materialise Business Development guy liked what he saw with SGLB so much that he joined us.

On May 2, 2018, Markus Meidenstein joined Sigma Labs as the Company’s new Business Development Manager, Europe.
http://additivemanufacturing.com/2018/05/14/sigma-labs-expands-business-development-in-europe-welcomes-markus-meidenstein/

3) Here's Why the DARPA Phase 3 is so HUGE for SGLB
https://www.acq.osd.mil/osbp/sbir/solicitations/sbir20163/darpa163.html

SB163-004TITLE: Real-Time Metrology and Feedback Control for Additive Manufacturing

PROPOSALS ACCEPTED: Phase I and DP2. Please see the 16.3 DoD Program Solicitation and the DARPA 16.3 Direct to Phase II Instructions for DP2 requirements and proposal instructions.

TECHNOLOGY AREA(S): Materials/Processes

OBJECTIVE: Develop a real-time system for active feedback control and process characterization of multi-material additive manufacturing.

DESCRIPTION: Current 3-D printing systems can be used for a variety of applications and on-going research is allowing for more complex products with different material properties and uses. With this expansion from single- material to multi-material printing provided by several on-going DARPA programs, there is a need within industry and the DoD for a real-time metrology system and inspection platform. This could significantly increase the quality of printed parts and reduce the risk of critical print defects.

Most current methods rely on scanning the printed product upon completion of printing rather than scanning in real- time. Systems monitoring printing processes while printing currently exist but are often limited to one material.

Increasing the number of materials poses several unique metrology requirements. The materials have different optical properties which can make it difficult to scan large areas rapidly while maintaining high resolution. While scanning, the data generated from the platform should also be used in characterization of the process and feedback control of the system. The feedback control should serve to ensure fidelity in the print geometry, guarantee adequate interfaces between adjacent materials, and be able to adapt to different classes of materials for additive manufacturing.

The software package associated with the hardware should enable scan data to be processed efficiently in or near real-time. The feedback method should be robust to the printing process used and be applicable to different printer systems.

A successful platform will address these requirements in an integrated hardware and software package that can be efficiently embedded into a new or currently existing additive manufacturing system.

PHASE I: Design an in-situ metrology system for geometry monitoring and closed feedback of additive manufacturing processes for multi-material printing. Determine key requirements and establish performance metrics for evaluation. Define an embedded, data-parallel software processing pipeline and architecture that satisfies the process requirements. Investigate and define candidate feedback control strategies. Implement a basic prototype system that demonstrates operating principles and fundamental performance capabilities.

Required Phase I deliverables will include a final report detailing the design of the system, requirements, software pipeline, and results of the investigation of the candidate feedback control strategies.

PHASE II: Finalize the design of Phase I and complete fabrication of the geometry scanning system. Evaluate the performance of the stand-alone system and compare it to process requirements. Integrate the metrology scanning system with a specific additive manufacturing system. Implement the software processing pipeline established in Phase I and demonstrate operating performance. Implement and validate adaptive feedback strategies. Demonstrate and compare the performance of candidate adaptive feedback strategies and establish key tradeoffs and use cases for each strategy. Validate adaptive feedback strategies with multi-material printed part examples. Evaluate quality and robustness of interfaces between different materials. Evaluate improvements in geometric accuracy including surface finish properties. Design and evaluate data-logging system for gathering information/statistics of a print. Design and evaluate basic analytics tools.

Required Phase II deliverables will include a final report and a demonstration of system.

PHASE III DUAL USE APPLICATIONS: The end goal of this effort is to provide real-time metrology for 3-D printing systems already in place within the industry or DoD or systems developed by the small business. The DoD will directly benefit from the real- time scanning of printed materials made possible by the development of a platform capable of handling multi- material printing. Develop a rich set of new materials that are enabled by the closed-loop control process to establish material interfaces that are enabled. Improve the system’s throughput and robustness to meet the needs of DoD or commercial end-user.


4) SGLB may or may not hit $100 in 2020 but I'm still betting that we will get there. Bet we get to $100 sooner than some folks prediction of back to the OTC.