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3D Printing Investor
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Active investor and trader since my teens. I retired early from my career in healthcare administration and have been a full time investor for 5 years. I write about 3D Printing Stocks on my site @ 3DPrintingStocks.com, as well as small and microcap stocks (no pinks or junk!) at MicrocapResearch.com
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  • Sigma Labs (SGLB) "Writing The Standards For 3D Printing" 11 comments
    Sep 24, 2013 1:11 PM | about stocks: SGLB

    Tiny 3D Printing R&D company Sigma Labs (OTCQB:SGLB) was just awarded a grant by The National Institute of Standards and Technology (NIST) may be of interest to investors in 3D printing stocks.

    To underscore the importance of this grant I'd like to quote the leading industry authority, Terry Wohlers, on the importance of standards for real-time process monitoring during 3D printing:

    "Standards for processes and materials need to be created so that design engineers can specify AM with confidence. Systems need to include real-time process monitoring and control. System speed, maximum part size and costs must improve."

    Now it appears the NIST grant winners, as a consortium of Universities, non-profit organizations, private and publicly-traded companies, are going to be addressing this industry need. The goal "is to produce a "3D Quality Certificate" that would index in-process measurements to part geometry and properties."

    It probably comes as no surprise that the competitively awarded grants were won by large, well known industry players such as Oak Ridge National Laboratory, General Electric (Aviation and Inspection Technologies), Lockheed Martin, Pratt & Whitney, Northrup Grumman, and Boeing.

    But there is another company that will be part of this project that 3D printing investors might find interesting. I have confirmed through Mark Cola, CEO of Sigma Labs Inc., (OTCQB:SGLB), that they are also one of the grant winners via their wholly-owned subsidiary B6Sigma.

    Sigma Labs Inc. has been making inroads in the industry with notable player GE Aviation. Greg Morris, (GE Aviation's business development leader), had this to say about Sigma Labs while beta testing their patented real-time inspection hardware/software suite, "PrintRite3D".

    "Today, post-build inspection procedures account for as much as 25 percent of the time required to produce an additively manufactured engine component. By conducting those inspection procedures while the component is being built, GE Aviation and Sigma Labs will expedite production rates for GE's additive manufactured engine components like the LEAP fuel nozzle." (see GE Aviation press release)

    Sigma Labs plans to have their PrintRite3D system (download PDF here) ready for launch next year.

    With the results that beta testing of PrintRite3D with GE Aviation has shown, their grant award last week by NIST to set the standards for real-time process control for additive manufacturing, and planned commercialization of PrintRite3D next year, I believe Sigma Labs (OTCQB:SGLB) is "one to watch".

    Disclosure: I am long OTCQB:SGLB.

    Themes: 3D Printing Stocks: SGLB
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Comments (11)
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  • belgium
    , contributor
    Comments (1149) | Send Message
     
    interesting, better start my homework.

     

    Thanks
    24 Sep 2013, 03:32 PM Reply Like
  • Vernay
    , contributor
    Comment (1) | Send Message
     
    Why the steep peeks and valleys in SGLB stock price?
    29 Sep 2013, 11:15 AM Reply Like
  • 3D Printing Investor
    , contributor
    Comments (516) | Send Message
     
    Author’s reply » I think it's just the way some penny stocks trade. They're volatile as a rule. I just buy and hold this one.
    1 Oct 2013, 07:35 PM Reply Like
  • belgium
    , contributor
    Comments (1149) | Send Message
     
    On another board I read a comment in the SGLB section about a new stock you were keeping your eye on, and it wasn't voxeljet...

     

    Can you tell us?
    7 Oct 2013, 02:47 PM Reply Like
  • 3D Printing Investor
    , contributor
    Comments (516) | Send Message
     
    Author’s reply » Yes, it's Mediabistro (MBIS).

     

    It's not a pure play 3D stock, (and I'm not trying to make it one). But they're well positioned to take advantage of the industry's growth and will be a force in the B2B expo/marketing side of 3D printing. Article out this evening after hours:

     

    http://bit.ly/1a6mh15
    7 Oct 2013, 11:14 PM Reply Like
  • Larry Arnold
    , contributor
    Comments (3) | Send Message
     
    Another great call by 3D Printing Investor. I got into ArcamAB when you were touting it back in August. Obviously that has worked out nicely. I took a position on Sigma labs about a week ago and wish I had done it sooner. I like the fact that they are not totally a 3D printing company but are involved in other areas. Thanks for the in-site and keep up the good work.
    17 Oct 2013, 02:45 PM Reply Like
  • 3D Printing Investor
    , contributor
    Comments (516) | Send Message
     
    Author’s reply » Thank you Larry, for the kind words.
    17 Oct 2013, 08:51 PM Reply Like
  • ganesha_1953
    , contributor
    Comments (3) | Send Message
     
    penny stocks tend to have a high beta with 10-20% swings in a day...usually due to short term traders, and misinformation schemes on msg boards...I've had sigma since last summer at 7 cents a share...they have good leadership and inside connections with aerospace and military...some interesting technology in 3d printing, ammunitions, and dental implants, the only downside is the share dilution.
    2 Jan 2014, 08:25 AM Reply Like
  • jamie2
    , contributor
    Comments (2) | Send Message
     
    Hi, some great articles, really enjoy it. I was having difficulty in comparing quality control systems used by big players against Print Rite. Do you think DDD Stratasys etc could adopt Print Rite? What, in your view, makes Print Rite superior to quality control procedures used elsewhere? Any update on developments with GE? Many thanks
    10 Feb 2014, 07:56 AM Reply Like
  • 3D Printing Investor
    , contributor
    Comments (516) | Send Message
     
    Author’s reply » Hi jamie- I'm not an engineer so really can't speak to diffences between what SGLB has and potential competitors- other than to say GE seems to like what SGLB is doing.
    10 Feb 2014, 01:58 PM Reply Like
  • jamie2
    , contributor
    Comments (2) | Send Message
     
    understood, thanks anyway!
    10 Feb 2014, 06:23 PM Reply Like
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