Replies to post #39883 on Sigma Labs Inc (SASI)

[Diogenes of Sinope]

Thanks for sharing Z. I read that as a positive.

SGLB

[GetRich1day]

Z, Thanks much for the heads up. I appreciate it. It's nice to see tge GE is utilizing them for more than the JTDA. Awesome!

Found this older article September 2014 but quite relevant

All development of additive components will remain in Aviation's Additive Technology Center (ATC) in Cincinnati, Ohio, which is also expected to grow over 300 percent in size in the coming year. The ATC will demonstrate a component's manufacturing readiness before needing to scale for full rate production.

https://www.google.com/webhp?sourceid=chrome-instant&ion=1&espv=2&ie=UTF-8#q=cincinnati+ohio+ge+aviation+additive+manufacturing

It's nice to see that the PrintRite3D's are in the right place.

[Jackle]

Yes very encouraging to hear that. Considering the scope with which GE are looking to incorporate and drive AM into their workflows it is great to hear that they are using PrinRite3D™ to validate projects beyond the Fuel Nozzles. As has been made clear, Sigmas real value is in the production phase so it is not a ridiculous assumption that the quality inspection tools they use in prototyping would be incorporated into the production run once it is established for which ever part they are AM'ing. Especially as those systems are machine agnostic and link (shortly) with the likes of Materialise who GE use as a backbone software system for their AM.


This is GE's Additive Technology center, the heartbeat of their push into AM we are talking about and they are using PrintRite3D™ for quality inspection. There are worse places for Sigma to be.

[DriftinWayOfLife]

Z, I have been away for a while and am catching up on the board this morning. I notice in C Witty's response that GE can use the systems for

"nonJTDA programs as agreed to... by GE and SGLB


this appears to be possibly in conflict with the question and answer I got from Mark during the last earnings report. Specifically

Unidentified Analyst

Contractually with Sigma, was there some sort of agreement within the joint technology development agreement that would limit their use of the system to developing the technology or were they free to use these systems in the production of parts for sale such as the fuel nozzles that are to be manufactured at the Auburn plant?

Mark Cola

Okay, thank you for clarifying, yes, thanks Paul for the question. And so, GE has two of our PrintRite Systems. They were purchased by GE not Morris. And the joint technology agreement we have with GE does restrict them to use these systems in research, test and evaluation environments. And they are not to be used for production. The licensing they have is strictly for that research test and evaluation purposes.

So, any new systems that would be installed at GE would be for production purposes and have different licensing arrangements associated with them.

Seems to me that Mark had better be ready to explain on March 15 what the agreement is and what is meant by "program" . At a minimum, this implies that the connection between GE and SGLB is ongoing and that SGLB and PR3D have not been abandoned by GE.

Additionally, I am struck by the negative turn in sentiment on the board in the absence of any substantial negative news. My POV has not changed. I understand that Sigma's IPQA is for production runs and that the production runs are just starting. It is not needed for FAA approval as it is not an accepted standard, as yet. Within the reasonably near future there are AmericMakes projects and NIST reports that are expected to be completed. This recent period of pps wobbling around .05 could well be a buying opportunity...at least that is how I am playing it.

patience and GLTA