Replies to post #51625 on Sigma Labs Inc (SASI)

[VisionaryInc]

I suppose we'll have to wait and see what category we fall into... but it looks like we'll at least get a much larger chunk than thus far

[TedJ]

This is Sigma's previously announced part of the DARPA III program:

Sigma Labs Wins Phase III DARPA Contract with Honeywell

SANTA FE, N.M., Dec. 21, 2016 (GLOBE NEWSWIRE) -- Sigma Labs, Inc. (OTCQB:SGLB) (“Sigma Labs” or the “Company”), a provider of quality assurance software under the PrintRite3D® brand, today announced that it has received a contract from Honeywell Aerospace as part of a previously- announced award with the Defense Advanced Research Project Agency (DARPA) for Open Manufacturing (OM) Phase III; Phase I and II were completed in 2014 and earlier in 2016, respectively. The DARPA OM program’s goal is to develop an Integrated Computational Material Engineering (ICME) framework to accurately predict the properties of metal components produced using additive manufacturing (AM). Phase III work is expected to begin before the end of 2016 and run through mid-2018 – with a total award value to Sigma Labs of approximately $0.4 million.

https://globenewswire.com/news-release/2016/12/21/899585/0/en/Sigma-Labs-Wins-Phase-III-DARPA-Contract-with-Honeywell.html?parent=821641