Sigma Additive Solutions (NASDAQ: SASI), a leading developer of quality assurance software to the commercial 3D printing industry, has released its financial and operational results for the second quarter ended June 30, 2022. Among the highlights, the company reported increased revenue from $51.8 thousand in the first quarter of 2022 to $237 thousand in the second quarter, tracking with the implementation of the company’s new business model. “The second quarter of 2022 continued our evolution from a laboratory engaged in research and development of 3D metal printing technology into a solutions provider focused on deploying our technology on thousands of production printers,” said Sigma’s president and CEO Jacob Brunsberg. “To highlight this transformation, we began doing business under the name ‘Sigma Additive Solutions,’ conveying our ability to enable customers and OEM partner providers to use a standard set of patented quality metrics across 3D printers from different manufacturers, using different processes, for the total additive manufacturing industry.”
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About Sigma Additive Solutions
Sigma Additive Solutions is a leading provider of in-process quality assurance (“IPQA(R)”) software to the additive manufacturing industry. Sigma specializes in the development and commercialization of real-time monitoring solutions known as PrintRite3D(R) for 3D metal and polymer advanced manufacturing technologies. PrintRite3D detects and classifies defects and anomalies real-time during the manufacturing process, enabling significant cost-savings and production efficiencies. Sigma is dedicated to setting the quality standard for additive manufacturing and accelerating the worldwide adoption of 3D metal and polymer printing. For more information, please visit www.SigmaAdditive.com.
NOTE TO INVESTORS: The latest news and updates relating to SASI are available in the company’s newsroom at http://ibn.fm/SASI
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