Lets think about this....a 4 year program, for $9 million. If it we're just GE, that's just over 2M per year, but, it's
Together with scientists and engineers from GE Aviation, GE Additive,
Honeywell,
Penn State,
Lawrence Livermore National Laboratory (LLNL),
Navy Nuclear Lab (NNL)
and the National Center for Defense Manufacturing and Machining (NCDMM)
So 5 other entities are going to receive some sort of compensation.
Not to mention, at least 2 of those entities (Honeywell and NCDMM) have immediate access to Sigma Labs Technology thru current contracts. So, as they are developing this digital twin software, and realize they need to include IPQM data to ensure the digital twin is printed identically to the original, they could very easily incorporate SGLB tech.
Moog, who we signed an NDA with, discussed the value of IPQM data for digital twin software to be effective.
They figured that out at least a year ago, I forget the date of the speech, it was quite some time ago.
Similar to Melissa Orme's similar remarks, and Ivan Madera's statements directly speaking of sigma labs Technology leading the IPQM software market.
But, back to the main point, that 9M is going to be distributed across a Minimum of 5 other entities.
If spread evenly, that's approximately 320k per company, per year. Even if GE takes a lions share, that's maybe 1M per year, not exactly an impressive figure for a multi-billion dollar company with a global presence.
All those scientists and engineers spending 4 years dedicated to a project that's earning $1M/year.....
I'm sure they'll develop a nice product, maybe, but I'd bet on Sigma Labs decision to focus their extremely smaller staff and resources on production applications to their fully commercialized product.
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