Sigma Labs Inc. (NASDAQ: SGLB) Software Aims to Bring Scalability, Profitability to EV 3D Metal Printing

• In-process quality-control issues present major impediments to scalability, profitability in 3D metal printing
• EV production has begun using 3D printing to manufacture customized parts to overcome the limitations of traditional manufacturing
• SGLB is only known provider of software that addresses issues through real-time, in-process detection of irregularities and error reporting

City expansion fueled by global population growth is creating ever increasing demand for sustainable compact electric vehicles as a means of traversing increasingly complex urban environments. The 3D metal-printing industry is helping to bring these concept vehicles to life through the 3D formation of many requisite parts – from interior consoles, display frames, plug socket fixtures, air vents and lidar screens right down to license plates (http://ibn.fm/hMR75). Quality control remains one of the prime impediments to the entire auto industry to reach scalability and profitability using 3D printing. Sigma Labs Inc. (NASDAQ: SGLB), with its revolutionary software, is the only provider of in-process, quality-assurance software to the global 3D metal-printing industry.

The use of EVs (electric vehicles) is becoming more widespread as communities around the world are moving toward the environmentally friendly option to facilitate in-house company deliveries, provide airport transit and taxi pick-ups, perform parcel collections and navigate supermarkets. However, quality control in 3D metal printing continues to pose serious logjams due to costly and labor-intensive methods that stymy scalability and profitability. SGLB is the go-to provider of quality control software solutions, bringing the requisite quality control needed to eliminate inefficiencies and realize the advantages of the 3D metal-printing process. The company’s innovative solutions promise to save time in the delivery of high-quality, customized precision parts; refine the production process; and save costs, ushering in what many believe to be the fourth industrial revolution in manufacturing (http://ibn.fm/1SEGs).

While on the cusp of an explosive moment for the manufacturing sector, postproduction inspection and rejected output caused by variances in 3D metal printing process hamper consistent quality and impede scalability, creating one of the largest challenges to the industry. Due to the nature of the production process, manufacturers do not know if design specifications are met until the end of the process when parts are inspected using CT scans and other costly techniques.

Sigma Labs’ PrintRite3D solution to the challenge provides real-time error detection using software that reports errors in-process, reduces postproduction inspection times and eliminates rejects, resulting in cost savings, increased production runs and larger profits. Sigma Labs’ innovative software may very well be one of the tools that allows the EV industry and the entire 3D metal printing industry to scale up economically, moving far beyond prototype manufacturing to truly economically viable commercial production.

Sigma Labs provides software that addresses the critical quality control issues in two ways. First, SGLB’s proprietary PrintRite3D® software solution enables real-time, in-process detection of manufacturing irregularities. Second, PrintRite3D involves error reporting that provides operators with critical actionable information enabling them to adjust the process and mitigate any developing anomalies during the production process.

Sigma Labs, with its PrintRite3D® brand, presents a real-time, computer-aided inspection solution that resolves these major roadblocks and costly quality-control challenges, drastically reducing errors made in-process and eliminating costly rejects in the postprocess phase.

Founded in 2010 by a team of Los Alamos National Labs scientists and engineers, SGLB initially focused on advanced metallurgical products for the military ordinance and dental implant industries. Sigma Labs concluded that the 3D metal printing space offered enormous potential to any company that could provide in-process, quality-assurance tools that observe, manage and control manufacturing complexities for reliable production of high-precision, quality metal parts.

SGLB’s products and services are tailored for use in highly demanding, precision-dependent industries such as the EV, aerospace, defense, transportation, oil and gas, and biomedical spaces. The company’s global client base includes 23 RTE installations across 19 different users, including tier-1 OEM enterprises and end users such as Siemens, Honeywell, Pratt & Whitney among many others that are currently evaluating PrintRite3D for use on their production lines.

Sigma Labs aims to position its groundbreaking software as the catalyst that may help propel the 3D metal-printing industry into the fourth industrial revolution in manufacturing.

For more information, visit the company’s website at 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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