Replies to post #38613 on Sigma Labs Inc (SASI)

[GetRich1day]

DWOL,

I'll take a swag at it and say around $500,000 per PrintRite3D system.

SANTA FE, N.M., Jan. 15, 2015 /PRNewswire/ -- Sigma Labs, Inc. (OTCQB: SGLB) ("Sigma Labs" or the "Company"), a developer of advanced, in process, non-destructive quality inspection systems for metal-based additive manufacturing and other advanced manufacturing technologies, today announced that it has been granted its first contract, worth approximately $500,000, from GE Aviation as a member of the winning team, previously announced, of companies and universities awarded an "America Makes" additive manufacturing (AM) research project. This project is funded by the National Additive Manufacturing Innovation Institute (NAMII) and covers Sigma Labs' proprietary In-Process Quality Assurance (IPQA®) software for advanced AM monitoring. The contract will showcase the Company's PrintRite3D® technology across multiple platforms, in particular high-volume, high-quality aerospace components. Sigma Labs is expected to deploy a total of three systems – one each to GE Aviation and to other team members Honeywell and Aerojet Rocketdyne, a unit of GenCorp – over the next 18 months.

http://www.prnewswire.com/news-releases/sigma-labs-announces-contract-for-america-makes-program-300021268.html