- SGLB’s PrintRite3D(R) technology supports, enables wider adoption of 3D printing for scaled manufacturing
- Fourth industrial revolution’s new manufacturing technologies can usher in a cleaner, more sustainable world
- One of simple but substantial solutions that add to sustainability of 3D printing is assembly consolidation, or combining of several parts into fewer, multifunctional assemblies
In an industry that is “forever changing the way products are made” – specifically as it pertains to ushering in a cleaner, more sustainable world – Sigma Labs Inc. (NASDAQ: SGLB) stands out as a leading developer of quality-assurance software in the commercial 3D-metal-printing space. A recent World Economic Forum article, titled ‘These 4 Simple Solutions Can Help Make the Manufacturing Industry More Sustainable’, recognizes 3D printing as one such solution to enhance the industry’s success – and companies like SGLB are well positioned to help (http://ibn.fm/yOKq7).
The fourth industrial revolution involves more than the transformative impact new manufacturing technologies – such as 3D printing – will have on companies and consumers, the article observes. “It’s also about how industry can usher in a cleaner, more sustainable world.”
“It’s foolish to deny the planet is rapidly approaching the day when the consequences of climate change will be unavoidable,” the article continues. “The question now facing many business leaders is whether – and how – we can both continue to build value for our shareholders and mitigate our impact on the natural world.”
One of the simple solutions that add to the sustainability of 3D printing is assembly consolidation, or the combining of several parts into fewer, multifunctional assemblies. “With fewer parts to transport, the process can make shipping networks more efficient, significantly reducing CO2 emissions,” the article states, going on to point out that, though the geometric flexibility of 3D printing makes it possible to create these multifunctional parts, additive manufacturing (AM) is still in its infancy when it comes to manufacturing production parts.
“In part, that’s because the story of the additive industry is really one of three distinct growth curves,” the article continues. “The first, beginning in the early 1990s, largely focused on research and development of the new additive technology. Today, the industry stands at the start of a new S-curve, which will see wider adoption of 3D printing for manufacturing, forever changing the way products are made.”
Sigma Labs has been on the cutting edge of the research and development taking place in the AM space and is already actively involved in supporting and encouraging the wider adoption of 3D metal printing through its PrintRite3D(R) product line. SGLB’s proprietary technology resolves the major roadblocks and costly quality-control challenges that slow down and even prevent the 3D manufacture of precision metal parts. The company’s breakthrough, computer-aided software product revolutionizes commercial additive manufacturing, enabling nondestructive quality assurance during production and allowing errors to be corrected in real-time.
Founded in 2010, Sigma is a software company that specializes in the development and commercialization of real-time, computer-aided-inspection (CAI) solutions known as PrintRite3D for 3D-advanced manufacturing technologies. SGLB’s advanced, computer-aided software product revolutionizes commercial additive manufacturing, enabling nondestructive quality assurance mid-production, uniquely allowing errors to be corrected in real time.
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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