Sigma Labs (NASDAQ: SGLB), a leading developer of quality assurance software for the commercial 3D metal printing industry, announced that it has been awarded a contract by Lockheed Martin Space Additive Design & Manufacturing Center. The contract calls for an initial system of SGLB’s PrintRite3D(R) in-process quality assurance solution. According to the contract, the Lockheed Martin team will evaluate SGLB’s PrintRite3D technology for its viability and performance in terms of supporting a variety of defense and civil space programs. Lockheed Martin indicated it had selected SGLB’s exclusive system because of its robust analysis capabilities, quality assurance solutions, data capture technology, and scalability across various OEM 3D printing platforms — all essential functions for the critical missions the program supports. The Additive Design & Manufacturing Center supports the entire Lockheed Martin Space portfolio. Sigma Lab’s PrintRite3D is an interactive, in-process, quality-assurance system that combines inspection, feedback, data collection and critical analysis. The system identifies potential problems then combines machine learning with developed metrics to map those metrics to the post-process data. “We are extremely pleased to welcome Lockheed Martin’s Space Additive Design & Manufacturing Center as a Sigma Labs customer,” said Sigma Labs president and CEO Mark Ruport in the press release. “It’s gratifying that they recognize the commitment our company has made to supporting the entire additive manufacturing industry with innovative in-process quality solutions.”
To view the full press release, visit https://ibn.fm/9YtoI
About Sigma Labs Inc.
Sigma Labs is a leading provider of in-process quality assurance (“IPQA(R)”) software to the additive manufacturing industry. Sigma Labs specializes in the development and commercialization of real-time monitoring solutions known as PrintRite3D(R) for 3D metal advanced manufacturing technologies. PrintRite3D detects and classifies defects and anomalies real time during the manufacturing process, enabling significant cost savings and production efficiencies. Sigma Labs believes its software product will be a major catalyst for the acceleration and adoption of 3D metal printing. For more information about the company, visit www.SigmaLabsInc.com.
NOTE TO INVESTORS: The latest news and updates relating to SGLB are available in the company’s newsroom at http://ibn.fm/SGLB
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