Sigma Labs (NASDAQ: SGLB), a leading developer of quality-assurance software for the additive manufacturing industry, is poised to profit as the demand for 3D-metal-printed parts is anticipated to surge over the next two years (http://ibn.fm/q3ROJ). A recent article discussing the company reads, “Sigma Labs, one of the leading providers of third-party, in-process quality-assurance software to the commercial 3D-metal-printing industry, has allowed companies to monitor the quality of each product part in the production process, layer by layer and in real time — leading to a dramatic decrease in error rates and higher manufacturing yields. . . . According to industry think-tank SME, the 3D-printed, medical-devices sector — which already accounts for 17% of the total additive manufacturing (AM) market — will grow to roughly $26 billion over the next 24 months. A key segment spearheading growth in the sector has been the design and fabrication of replacement joints and artificial limbs. Over 30 million people worldwide are in need of artificial limbs and mobility devices, yet less than 20% have access to them, largely due to the extremely time consuming and expensive process of producing customized prosthetics. 3D printing has sought to address this issue by enabling an ever-increasing number of patients, particularly from developing nations, to gain access to bespoke prosthetic limbs. Healthcare NGO e-NABLE has been one of the pioneers in the field, publishing free designs for prosthetic hands, which are available for anyone to print and can cost as little as $35 (http://ibn.fm/YddEE).”
To view the full article, visit http://ibn.fm/qV2ug
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 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. Sigma Labs’ 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, 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
MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.