SANTA FE, NM, June 20, 2014 – Sigma Labs, Inc., a developer of advanced, in process, non-destructive quality inspection systems for metal-based additive manufacturing and other advanced manufacturing technologies, announced that it has acquired the latest generation Model 290 3D metal printer from Electro Optical Systems (EOS) GmbH of Krailling, Germany. Plans are in place to install the machine at Sigma Labs’ facilities in Santa Fe, New Mexico and couple it with all of Sigma Labs’ proprietary quality inspection systems. This is Sigma Labs’ initial step towards the establishment of a New Mexico-based facility to manufacture precision parts utilizing all of Sigma Labs’ 3D quality inspection systems.
Mark Cola, president and chief executive officer of Sigma Labs, stated that, “With the acquisition of this state-of-the-art 3D metal printer coupled with our PrintRite3D technology, Sigma Labs now enters a new manufacturing phase, and enhances our offerings to the additive manufacturing marketplace for high-end, precision metal parts. Customers will be able to contract with us to manufacture on our equipment, to their specifications, and take full advantage of our unique PrintRite3D on-machine quality assurance capability. This will be invaluable in helping customers to reduce process development times and get parts into production faster. Once parts are in production, PrintRite3D will continue to contribute to their bottom line by reducing inspection costs and part rejection costs.”
The new 3D printer will support current efforts underway at Sigma Labs for the commercial deployment of PrintRite3D product offerings. Mr. Cola further explained that, “Sigma Labs remains committed to the successful commercial launch of PrintRite3D INSPECT and PrintRite3D DEFORM. This advanced 3D printer supports those efforts by giving us an in-house platform to showcase our product offerings. The timeline for the machine deployment aligns well with our planned launch of PrintRite3D INSPECT and PrintRite3D DEFORM over the next 6 to 9 months, respectively. Finally, we expect that this machine will not only provide us with a new and important revenue stream through contract manufacturing, but it will also strengthen our various product offerings to the broader AM marketplace.”
About Sigma Labs, Inc.
Sigma Labs, Inc., through its wholly-owned subsidiary B6 Sigma, Inc., develops and engineers advanced, in-process, non-destructive quality inspection systems for commercial firms worldwide seeking productive solutions for metal-based additive manufacturing or 3D printing, and other advanced manufacturing technologies.
For more information please visit us at www.sigmalabsinc.com.
