Replies to post #9649 on Sigma Labs Inc (SASI)

[uksausage]

Still only a consultancy fee for working with them on PrintRite3D.

Need to see some "product" revenue somewhere.

AFAIK all equipment used in any printRite testing is owned and operated by Sigma for which they may be getting daily rates for consultancy.


All good if the company is a consultancy business but current valuation is for getting %age of the savings ocmpanys will make by using PrintRite3D but no one has yet to commit to that model or even long term use.

[mcbjj]

Correct me if I'm wrong, but it sounds like Honeywell Aerospace is already using PrintRite 3D. According to Sigma's November 18th announcement of the extention of its contract with Honeywell;

Sigma Labs, Inc...today announced that it has extended its contract with Honeywell Aerospace...to include enhancements to further demonstrate the capabilities of Sigma Labs PrintRite 3D technology. The contract extension is part of a...project to develop a...framework to accurately predict the material properties of components produced using Additive Manufacturing or 3D printing for metal parts.

Sounds like PrintRite 3D not only will verify product accuracy during production but will also be able to recognize exactly what kind of metal(s) is (are) being used and make adjustments accordingly for a precise project outcome.

That's some mindblowing technology and I'm glad to be holding shares in the company producing it