Sigma Labs posts financial results for Q1 2020

Sigma Labs, the Santa Fe-based quality assurance software developer for additive manufacturing, has announced its financial results for the first quarter ended March 31, 2020. The company’s revenue for Q1 2020 experienced over 200 percent in growth compared to Q1 2019.  In a supporting statement, newly appointed CEO Mark K. Ruport explains that, amid the […]

Sigma Labs signs new contracts with Northwestern University, Materialise

Two pieces of news show how Sigma Labs’ PrintRite3D software will be used by Materialise and Northwestern University. Santa Fe-based Sigma Labs has signed a contract to implement its quality assurance software for metal additive manufacturing at Northwestern University for the first time. Furthermore, Sigma Labs has signed a joint sales agreement with Belgium headquartered Materialise, advancing an earlier MoU to develop an integrated in-situ […]

Materialise and Sigma Labs to Combine Technologies for QA and 3D Printer Development

Known in the additive manufacturing (AM) industry for its quality assurance software and hardware products, Sigma Labs has made steady progress in proliferating its QA technology across AM. The latest development in this trend comes in the form of a memorandum of understanding (MOU) signed between Sigma Labs and Materialise, an AM software developer and 3D printing services provider.

The agreement will see the Materialise MCP Controller integrated with Sigma Labs’ PrintRite3D technology, as well as a joint sales agreement and beta customer commercialization of the combined PrintRite3D and Materialise Control Platform (MCP) product. To understand what this integration might look like, it’s necessary to understand what MCP is.

The MCP eocsystem. Image courtesy of Materialise.

MCP is a software-driven hardware solution meant to provide greater, more user-friendly control over AM systems. The product is embedded within a 3D printer and acts as an interface between the machine and the user so that they can perform actions like optimize print parameters, calibrate optics, write machine scripts, manually control hardware components, and detect errors. So far, the tool can be used for laser-based machines (i.e., stereolithography, laser sintering and laser melting).

The inclusion of PrintRite3D within MCP would mean that machine developers would be able to better understand how the equipment operates from a QA perspective, seeing defects and anomalies within a build from within MCP. The ability to further control hardware within MCP based off of this QA data would mean the possibility of developing new or retrofitting existing machines to include closed-loop quality control.

When Sigma Labs began making news as far back as 2012 or 2013, there was some reason to be skeptical of the company, derived from the fact that it was trading on the over the counter (OTC) markets. Penny stocks can be extremely questionable because the OTC markets are less heavily regulated than the NASDAQ and New York Stock Exchange. In turn, penny stocks are often used as vehicles for financial impropriety, specifically pump and dump schemes in which very low-cost stocks are increased in value through false press releases and other means and then sold at a profit by insiders.

We’ve actually seen at least one pump-and-dump scheme occur in the 3D printing industry. An Australian inventor, Jason Simpson, was defrauded by his investors who were very likely involved in such practices while also stealing Simpson’s assets. From our In-Q-Tel series, we also learned of one time when the CIA’s venture firm may have (wittingly or unwittingly) been caught up in one.

Because Sigma Labs began trading on the OTC markets at such a low price long before it had begun commercializing a product. Its OTC trading actually dates back to 2000, when the company was called Framewaves, Inc., a firm purportedly aiming to make custom frames. Framewaves was actually established through the acquisition of a different company called Messidor Limited that was involved in defrauding investors. The operations of Framewaves were somewhat suspect, as well, given the fact that its directors went on to launch similarly inactive penny stock companies.

However, when B6 Sigma, a company spun out of research at Los Alamos National Laboratory and the TMC Global Professional Services corporation, performed a reverse acquisition of Framewaves in 2010, all of the former directors stepped down and were replaced by B6 Sigma people. Because it was trading as an OTC stock at such an early stage in the commercial, a tech stock blog called nanalyze raised some red flags and some questions about when it planned to deliver on its market promises.

Meanwhile, Sigma Labs continued to secure important partnerships and Department of Defense grants. This included working with Honeywell to test the use of PrintRite3D for metal 3D printing and 3DSIM (later acquired by ANSYS) to combine Sigma Labs’ quality assurance technology with metal 3D printing simulation software.

The AM QA company has since moved from the OTC market to the less questionable Nasdaq Capital Market. This combined with what appears to be steady improvement of its PrintRite3D software over time and this latest partnership with one of the most established 3D printing companies in the market should help dispel those earlier speculations by nanalyze and other cautious investors.

However, according to the SEC filings from the end of last year, its maintenance on the Nasdaq is on shaky ground due to the low price of the stock and minimum stockholders’ equity. Perhaps the company’s change in management since its founding, which included the taking on of a new CEO in 2017, will ensure that the company continues developing successfully in the industry.

The post Materialise and Sigma Labs to Combine Technologies for QA and 3D Printer Development appeared first on 3DPrint.com | The Voice of 3D Printing / Additive Manufacturing.

Sigma Labs and Materialise sign MoU to commercialize metal AM quality assurance system

Sigma Labs, a Santa Fe-based developer of in-situ quality assurance systems, has signed a Memorandum of Understanding (MoU) with the Belgian 3D printing software company Materialise. According to the MoU the two companies will combine their expertise to develop an integrated in-situ quality assurance (QA) system for metal 3D printing with a view to commercializing […]

Sigma Labs PrintRite3D technology validated by DARPA study

New Mexico additive manufacturing software developer Sigma Labs, has obtained third-party validation of its PrintRite3D platform in a study by U.S. defense agency DARPA. The study discusses the validation process involved in producing complex metal parts of consistent quality. It was sponsored by DARPA’s Open Manufacturing Program and conducted in conjunction with aircraft engine manufacturer […]

3D Printing News Sliced: Titomic, Barclays, AMUG, Formnext + PM South China, Desktop Metal

In this week’s edition of the 3D Printing Industry News digest, Sliced, companies such as BigRep, Senvol gear up for the Additive Manufacturing Users Group (AMUG), and Nanofabrica strategically prepares for Hannover Messe. Additional conferences related to additive manufacturing such as MECSPE Parma, in Italy, and Amerimold: The Event for Mold Manufacturing, are presenting the […]

3D Printing News Briefs: January 19, 2019

Welcome to the first edition of 3D Printing News Briefs in 2019! We took a brief hiatus at the beginning of the new year, and now we’re back, bringing you the latest business, medical, and metal 3D printing news. First up, Sigma Labs has been awarded a new Test and Evaluation Program Contract, and Laser Lines is now a certified UK Stratasys training provider. Michigan’s Grand Valley State University, and a few of its partners, will be using Carbon 3D printing to make production-grade parts for medical devices. Cooksongold is launching new precious metal parameters for the EOS M 100 3D printer, and VBN Components has introduced a new metal 3D printing material.

Sigma Labs Receives Test and Evaluation Program Contract

This week, Sigma Labs, which develops and provides quality assurance software under the PrintRite3D brand, announced that it had been awarded a Test and Evaluation Program contract with a top additive manufacturing materials and service provider. This will be the company’s fifth customer to conduct testing and evaluations of its technology since September 2018, and Sigma Labs will install several PrintRite3D INSPECT 4.0 in-process quality assurance systems in the customer’s US and German facilities under the program. It will also support its customer in the program by providing engineering, hardware, metallurgical consulting and support services, software, and training.

“Sigma Labs is deeply committed to our In-Process Quality Assurance tools, supporting and moving forward with them,” said John Rice, the CEO of Sigma Labs. “I am confident that this initiative, which marks our fifth customer signed from diverse industries in the past four months, will validate our PrintRite3D technology in commercial-industrial serial manufacturing settings. We believe that going forward, AM technology will play an increasingly prominent role in the aerospace, medical, power generation/energy, automotive and tooling/general industries, all areas which are served by this customer.”

Laser Lines Announces New Stratasys Training Courses

Through its new 3D Printing Academy, UK-based total 3D printing solutions provider Laser Lines is now a certified provider of Stratasys training courses. The custom courses at the Academy for FDM and Polyjet systems are well-suited for new users, people in need of a refresher, or more experienced users, and include tips and tricks that the company’s certified trainers have personally developed. One-day and two-day courses are available at customer sites, or at the Laser Lines facility in Oxfordshire.

“The training courses are an extension of the advice and education we have been providing to customers for the past 20 years. With our experienced team able to share their knowledge and experience on both the FDM and Polyjet systems and materials, customers who are trained by us will get the value of some real life application examples,” said Richard Hoy, Business Development at Laser Lines.

“We want to ensure that our customers get what they need from our training so before booking, our Stratasys academy certified trainers can discuss exact requirements and advise both content and a suitable duration for the training course so that it meets their needs entirely.”

Exploring Applications in Medical Device Manufacturing

Enabled by Michigan state legislation, the Grand Rapids SmartZone Local Development Finance Authority has awarded a half-million-dollar grant that will be used to fund a 2.5-year collaborative program centered around cost and time barriers for medical devices entering the market. Together, Grand Valley State University and its study partners – certified contract manufacturer MediSurge and the university’s applied Medical Device Institute (aMDI) – will be using 3D printing from Carbon to create production-grade parts, out of medical-grade materials and tolerances, in an effort to accelerate medical device development, along with the component manufacturing cycle. A Carbon 3D printer has been installed in aMDI’s incubator space, where the team and over a dozen students and faculty from the university’s Seymour and Esther Padnos College of Engineering and Computing will work to determine the “tipping point” where 3D printing can become the top method, in terms of part number and complexity, to help lower startup costs and time to market, which could majorly disrupt existing manufacturing practices for medical devices.

“We are thrilled to be the first university in the Midwest to provide students with direct access to this type of innovative technology on campus. This novel 3D additive manufacturing technology, targeting medical grade materials, will soon be the new standard, and this study will be a launch pad for course content that is used in curriculum throughout the university,” said Brent M. Nowak, PhD, the Executive Director of aMDI.

New Precious Metal 3D Printing Parameters at Cooksongold

At this week’s Vicenzaoro jewelry show, Cooksongold, a precious metal expert and the UK’s largest one-stop shop for jewelry and watch makers, announced that it is continuing its partnership with EOS for industrial 3D printing, and will be launching new precious metal parameters for the EOS M 100 3D printer, which is replacing the system that was formerly called the PRECIOUS M 080. The EOS M 100 builds on the powder management process and qualities of the PRECIOUS M 080, and the new parameters make it possible for users to create beautiful designs, with cost-effective production, that are optimized for use on the new 3D printer.

“We are proud to continue our successful partnership with Cooksongold, which was already established 2012,” said Markus Brotsack, Partner Manager at EOS. “The EOS M 100 system increases productivity and ensure high-quality end parts as we know them. Based on our technology, EOS together with Cooksongold plans to develop processes for industrial precious metals applications too.”

VBN Components Introducing New Cemented Carbide

Drill bits in Vibenite 480; collaboration with Epiroc.

In 2017, Swedish company VBN Components introduced the world’s hardest steel, capable of 3D printing, in its Vibenite family. Now it’s launching a new 3D printing material: the patented hard metal Vibenite 480, which is a new type of cemented carbide. The alloy, which has a carbide content of ~65%, is heat, wear, and corrosion resistant, and based on metal powder produced through large scale industrial gas atomization, which lowers both the cost and environmental impact. What’s more, VBN Components believes that it is the only company in the world that is able to 3D print cemented carbides without using binder jetting. Because this new group of materials is a combination of the heat resistance of cemented carbides and the toughness of powder metallurgy high speed steels (PM-HSS), it’s been dubbed hybrid carbides.

“We have learned an enormous amount on how to 3D-print alloys with high carbide content and we see that there’s so much more to do within this area,” said Martin Nilsson, the CEO of VBN Components. “We have opened a new window of opportunity where a number of new materials can be invented.”

Early adopters who want to be among the first to try this new material will be invited by VBN Components to a web conference at a later date. If you’re interested in participating, email info@vbncomponents.com.

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Sigma Labs receives contract from undisclosed global additive manufacturing company

Sigma Labs, the computer-aided inspection (CAI) software company behind PrintRite3D software, has received a Test and Evaluation Program contract from an undisclosed global materials and service provider in additive manufacturing. Under this contract, Sigma Labs is installing its PrintRite3D INSPECT 4.0 in-process quality assurance software into several additive manufacturing systems in the customer’s German and […]

3D printing news Sliced: CERN, HP Foundation, APWORKS, Phrozen, Etch-a-Sketch

Today in Sliced – what to 3D print for Christmas; UK hospitals call for more 3D printing in healthcare; a bioprinter is launched into space; and all the latest business deals from APWORKS, Sigma Labs, XJet, Sculpteo and more. Sigma Labs partners with Fraunhofer, CERN integrates AM automation 3D printing quality assurance software provider Sigma […]

3D Printing News Briefs: December 4, 2018

We’re sharing stories about events, business, and metal 3D printing in today’s 3D Printing News Briefs. To start, the second annual Iran 3DShow is coming up, along with IQPC’s fifth Additive Manufacturing for Aerospace & Space event in London. Moving on to business, Carbon has an announcement about a new executive, Sigma Labs has joined an R&D collaboration with Fraunhofer IAPT, and Xometry is now offering instant quotes on parts 3D printed with HP’s Multi Jet Fusion technology. Finally, Markforged is presenting a closer look at the process behind the Metal X.

Second Annual Iran 3DShow

Last year, the country of Iran hosted its first 3D printing trade show, originally called the Additive Manufacturing Symposium before the name was changed to Iran 3D Show. Now, the country is gearing up for the second annual event, which will be held at the Book Garden in Tehran from December 5-7. The Vice-Presidency for Science and Technology of Iran is holding the event, with the Iran Institute of Additive Manufacturing acting as the execution team and organizer. There will be a 3D printing competition for teachers and students, and the trade show itself is made up of three additional sub-events, called “The 2nd Exhibition of 3D Printing Industry.”

“This event is not only good for the ones who are trying to observe the market here, but also suits the international companies to join and involve,” said Seyyed Amir Ghaffari, the Managing Director of Iran 3D Show.

Fifth Additive Manufacturing for Aerospace & Space

Aligned to support the UK’s national AM strategy, the fifth Additive Manufacturing for Aerospace and Space conference by IQPC will be held in London from February 26-28, 2019; last year the forum was hosted in Munich. The conference helps attendees take on the roadblocks to adopting 3D printing and other industrial digitalization practices. The event provides content that helps 3D printing users exploit economic returns and performance gains provided by the technology. In addition, Airbus will be hosting a visit to its nearby Space Systems facility during the conference.

“Now entering its 5th year,  the conference has fast established itself as the premium forum for AM users, R&D experts and industry partners within the aerospace and space industry,” Olivia Timmins, Senior Marketing Manager for IQPC, told 3DPrint.com. “This year is no different with expert speaker line up from Thales, MTC, ESA, Airbus, Safran and more.”

If you register by Saturday, December 15th, you can even save up to £300 of the total cost.

Carbon Announces New Company Executive

Dara Treseder

Silicon Valley-based Carbon has announced a new executive, as Dara Treseder joins the company as the Chief Marketing Officer (CMO). The former CMO for GE Business Innovations and GE Ventures, Treseder is charged with finding new ways to showcase the company’s story at scale; with her excellent record, this should not be too challenging. This year, Treseder, who is also the co-founder of consulting firm NeuBridges, was featured by Forbes as a CMO Next, and in 2017, she was recognized on AdAge as one of the Women to Watch and by Inc. as one of the 30 Inspirational Women to Watch in Tech. Additionally, she is a sought-after speaker and writer on many subjects, including marketing, growth, innovation, and creating more diverse workplaces.

“I am deeply inspired by Carbon’s vision and values and excited to be part of a trailblazing team that is redefining digital manufacturing and creating the industry’s future. As chief marketing officer, I am looking forward to advancing Carbon’s brand, strengthening our customer connections, and rapidly scaling our global growth,” Treseder said.

Treseder is coming on board as Carbon works to strengthen its leadership team, and will support the growing company’s mission to keep driving the manufacturing industry’s digital transformation.

Sigma Labs Partners with Fraunhofer IAPT

John Rice and Prof. Dr.-Ing. Claus Emmelmann

This week, the Fraunhofer Research Institution for Additive Manufacturing Technologies (IAPT) and Sigma Labs, Inc., which provides quality assurance software under the PrintRite3D brand, announced a new collaborative research and development agreement that will focus on the industrialization of additive manufacturing. At last month’s formnext 2018 in Germany, John Rice, the CEO of Sigma Labs, and Prof. Dr.-Ing. Claus Emmelmann, the Managing Director of Fraunhofer IAPT, signed the joint agreement. As part of the agreement between the two, Sigma Labs will be upgrading Fraunhofer IAPT’s current PrintRite3D system.

“The aim of this collaboration is to test and validate the use of the PrintRite3D system to identify and quantify machine and process inconsistencies as well as flag defect thermal signatures during the laser melting process, and correlate them to CT scan results. Ultimately, this will allow users to reduce scrap, increase productivity and reduce post-process inspection costs,” said Rice.

Xometry Offering Instant Quotes on Multi Jet Fusion Parts

On-demand manufacturing platform Xometry has only been in business for five years, but it is releasing news at a fast clip. This summer, the company also introduced a new version of its Instant Quoting Engine, which included several new and enhanced features to offer customers instant quotes for CNC machining, sheet metal fabrication, urethane casting, and several 3D printing processes, including SLS, FDM, PolyJet, and DMLS.

Now, Xometry has announced that it will be offering instant quotes on custom parts made with HP’s fast Multi Jet Fusion technology. As always, simply drag and drop your 3D models into the Instant Quoting Engine, select your process and materials (if you so choose), and Xometry will do the rest, analyzing the model’s geometry and providing an instant price, design feedback, and delivery date.

Markforged Metal X 3D Printer Process

Last winter at CES 2017, Markforged introduced its Metal X, which is the company’s first 3D printer to leverage its Atomic Diffusion Additive Manufacturing, or ADAM, metal 3D printing technology. This spring, Markforged began shipping the Metal X to customers and resellers, and announced early last month that it had shipped over 100 machines, with an expectation of doubling that number by the end of 2018.

As we get closer to the end of the year, and Markforged works to achieve this goal, the company is giving the world a closer look at the innovative process behind its Metal X, with the publication of a time-lapse video on YouTube that shows all seven steps of the process, starting with the actual 3D printing of a part, removing and washing it, and ending with part manipulation, in less than two minutes. Take a look at the video below to see it for yourself:

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