Sigma Labs Inc (SASI)

[squashjohn]

Excerpt from Rapid Conference:
Key takeaways included: (1) positive commentary from several participants with regard to demand trends, with expectations of 25%–30% growth in overall 3D industry printer sales; (2) a high degree of enthusiasm with regard to metal 3D printing, with chatter around acquisition interest from the larger players in the space (the acquisition announcement by 3D Systems yesterday of Riom, France–based Phenix Systems is indicative of the high interest, and we would not be surprised to see Stratasys follow up with a deal in the space; candidates include Arcam, Concept Laser, and SLM, in our view); (3) increasing interest in the aerospace, dental, and orthopedic implant markets as new application developments help drive user demand [...] GE showcased a 3D-printed fuel nozzle that the company plans to use on its LEAP jet engine. Each engine will use about 20 nozzles to be installed in planes starting in 2015/2016, with GE likely producing 25,000 nozzles annually. Our discussions suggest GE is working on several other 3D projects including parts for gas turbines and healthcare devices.