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Sigma Labs trades high on launching PrintRite3D for DED additive machines

  • Sigma Labs (SGLB) +7.3% PM, announced the newly formed partnership for the development and expansion of its PrintRite3D In-Process Quality Assurance technology for an application to powder-blow Directed Energy Deposition (DED) additive processes.
  • It will validate the technology in partnership with Northwestern University, who acquired the first PrintRite3D DED system.
  • The company is seeking additional commercial DED machine OEM partners to expand the beta testing program.
  • DED has been successfully applied in various industries, including aerospace, oil & gas, defense, marine and architecture.
  • "OEM's have seen an increase in demand of the directed energy deposition machine ranging from high-level R&D projects to the production of prototype and production parts, many of which are for the aerospace industry," CEO Mark Ruport commented.
  • According to Autonomous Manufacturing, Lockheed Martin was able to use the technology to reduce production time on a critical component by 87% and cut lead-time from two years to three months.

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Sigma Additive Solutions, Inc.