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Shares of Sigma Labs, Inc. (SGLB) surged over 65% on Tuesday morning after the company it received a contract from Mitsubishi Heavy Industries.


RTTNews | Aug 25, 2020 10:13AM EDT

10:12 Tuesday, August 25, 2020 (RTTNews.com) - Shares of Sigma Labs, Inc. (SGLB) surged over 65% on Tuesday morning after the company it received a contract from Mitsubishi Heavy Industries.

SGLB is currently trading at $4.155, up $1.665 or 66.87%, on the Nasdaq.

Sigma Labs, a developer of quality assurance software for the commercial 3D printing industry, said it received a contract from Mitsubishi Heavy Industries to implement PrintRite3D in-process quality assurance software.

The PrintRite3D system will be installed on a laser powder bed fusion system for the development and qualification of MHI additive manufacturing production processes.

Financial details of the contract were not disclosed.

Read the original article on RTTNews ( https://www.rttnews.com/3123754/stock-alert-sigma-labs-soars-65-after-receiving-contract-from-mitsubishi.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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