InvestorNewsBreaks – Sigma Labs Inc. (NASDAQ: SGLB) Partners with Northwestern University to Develop DED Additive Processes

October 21, 2020 11:33:05

Sigma Labs (NASDAQ: SGLB), a leading developer of in-process, quality-assurance software for the commercial 3D-printing industry, has announced a new partnership with Northwestern University designed to develop its PrintRite3D(TM) In-Process Quality Assurance technology across an array of 3D printing processes. Sigma will work closely with its Northwestern University partner to expand the proprietary quality assurance technology and evaluate an application to powder-blow Directed Energy Deposition (“DED”) additive processes. Northwestern University acquired the first PrintRite3D DED system, and Sigma Labs developed the hardware and software for the system. The agreement calls for the installation of the beta system onto the customized open-architecture DED system, named Additive Rapid Prototyping Instrument (“ARPI”) system located at Northwestern’s Advanced Manufacturing Processes Laboratory (“AMPL”). Sigma Labs plans to seek additional commercial DED machine OEM partners to expand the beta testing program. DED has been applied in a variety of industries, including aerospace, oil and 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,” said Sigma Labs CEO Mark Ruport in the press release. “This initiative expands our market opportunity and is the first step in Sigma’s strategy to apply our technology across a broad array of Additive Manufacturing processes.”

To view the full press release, visit https://ibn.fm/Wm5ns

About Sigma Labs Inc.

Sigma Labs is a leading provider of quality-assurance software to the commercial 3D-metal printing industry under the PrintRite3D(R) brand. Sigma specializes in the development and commercialization of real-time monitoring solutions known as PrintRite3D for 3D-metal advanced manufacturing technologies. PrintRite3D detects and classifies defects and anomalies in real time during the manufacturing process and informs the production manager of quality issues. Sigma Labs’ software product is a major catalyst for the acceleration and adoption of 3D metal printing. For more information, please 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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