Tuesday, May 18, 2021 10:05:03 AM
This follow-on contract includes an upgrade of Sigma Labs’ PrintRite3D® software with new and improved sensors and enhanced algorithms. Sigma Labs will provide engineering support via complex geometry-specific data analysis and, among other tasks, work with Aerojet Rocketdyne to assess and quantify any in-process data variation. Additional terms of the award were not disclosed.
“Our longstanding relationship with Aerojet Rocketdyne continues to result in additional work to move additive manufacturing forward, particularly with regard to aerospace and defense applications,” said Mark Cola, President and Chief Executive Officer of Sigma Labs. “We’re pleased that our PrintRite3D® software is being recognized as a game changer within the industry, and awards such as this show the increased confidence that customers have in our technology as they mature toward product qualification and process certification. Working together, we can bring advanced solutions to the U.S. Air Force for state-of-the-art component manufacturing.”
About Sigma Labs, Inc.
Sigma Labs, Inc. is a provider of quality assurance software under the PrintRite3D® brand and a developer of advanced, in-process, non-destructive quality assurance software for commercial firms worldwide seeking productive solutions for advanced manufacturing. For more information please visit us at www.sigmalabsinc.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements often contain words such as "expects," "anticipates," "intends," "believes" or "will." These forward-looking statements are subject to a number of risks, uncertainties and assumptions that could adversely affect us, including the risks set forth in Sigma Labs' most recent annual report on Form 10-K. The forward-looking statements in this press release are made only as of the date of this press release. Sigma Labs undertakes no obligation to update any of these forward-looking statements, whether as a result of new information, future events or otherwise.
Contact Data
Investor Relations Contact:
Chris Witty
cwitty@darrowir.com
646-438-9385
Contact
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