- Northwestern
University awards SGLB a contract to implement 3D-metal-printing,
quality-assurance software on laser melting machine
- Sigma
Labs’ unrivaled PrintRite3D software is singular solution for quality
assurance roadblocks to 3D-metal-printing industry
- Global
3D-metal-printing market size expected to expand to $3.05 billion by 2025
with a CAGR of 31.8%
Sigma Labs Inc. (NASDAQ: SGLB), the sole provider of
in-process quality-assurance software for the commercial 3D metal printing
industry, has been awarded a contract by Northwestern University to implement
its patented PrintRite3D(R) software. The company’s real-time, melt-pool
analytics technology is set to transform the commercial additive-manufacturing
space by addressing costly quality control issues – a step required to maximize
profits and move forward from the prototype phase to widespread
industrialization.
In collaboration with the Northwestern Initiative on
Manufacturing Science and Innovation (NIMSI) and the Center for Hierarchical
Materials Design (CHiMaD), the PrintRite3D system will be installed on a DMG
MORI LASERTEC12 Selective Laser Melting machine. DMG MORI – a global leader in
machine tool manufacturing – is expected to capture significant market share of
the burgeoning additive manufacturing industry with the LASERTEC12. Sigma Labs
will further validate the technological performance and capabilities of
PrintRite3D in identifying real-time defect formations during the printing
process, in addition to demonstrating its software’s unparalleled capability
for third-party, independent, quality-assurance monitoring of metal
additive-manufacturing systems.
Following an assessment of the costly quality-control issues
impeding the progress of the 3D-metal-printing industry, Sigma Labs realized
that the enormous potential of 3D metal printing could only scale up if
in-process, quality-assurance tools were developed to observe, manage and
control the manufacturing process. With a stated mission of becoming the de
facto standard for such monitoring systems, SGLB continues to demonstrate the
achievement of these objectives with its patented PrintRite3D software.
“We are honored to have the opportunity to work with
Northwestern University,” Sigma Labs Executive Chairman Mark Ruport stated in a
news release. “This type of collaboration is critical if additive manufacturing
is to realize its potential and reach full industrialization.”
Jian Cao, Cardiss Collins Professor of Mechanical
Engineering and NIMSI director, agrees. “Sigma Labs provides us with one
critical element in our ICME framework for model validation and for process
control,” said Cao. “We look forward to our collaboration [bringing] the
science and technology of additive manufacturing to the next level.”
Quality control remains one of the primary impediments to
scalability due to the high number of rejected parts found in the post-process
stage by costly CAT scans. Sigma Lab’s patented PrintRite3D software addresses
this issue during the production phase by monitoring compliance with design and
metal quality criteria in real-time to ensure the consistent quality of each
part during the manufacturing process, layer by layer. This in-process
monitoring and reporting allows operators to stop the production of a defective
part and implement solutions during the process – resulting in reduced error
rates and higher yields. In addition to being evaluated by tier-1 aerospace and
OEM partners worldwide, Sigma Labs has also engaged 19 beta customers across 23
installations.
The global 3D-metal-printing market size is expected to
reach $3.05 billion by 2025, progressing at an eye-popping CAGR of 31.8% during
the forecast period (http://ibn.fm/eGIUT).
As the definitive solution for quality-control issues, PrintRite3D is poised to
catalyze this hypergrowth industry, positioning Sigma Labs as a leader in what
is often referred to as the next industrial revolution.
For more information about Sigma Labs, 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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