Benzinga | Mar 15, 2021 08:34AM EDT

Sigma Labs Announces Contract With Lockheed Martin For PrintRite3D; Financial Terms Not Disclosed; Lockheed To 'assess the viability and performance of PrintRite3D technology for the Space division'

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SANTA FE, NM / ACCESSWIRE / March 15, 2021 / Sigma Labs, Inc. (NASDAQ:SGLB) ("Sigma Labs"), a leading developer of quality assurance software for the commercial 3D metal printing industry, has been awarded a contract for an initial system of its PrintRite3D in-process quality assurance solution by Lockheed Martin Space Additive Design & Manufacturing Center based in Sunnyvale, California. The Additive Design & Manufacturing Center supports the entire Space portfolio and integrates key materials research and manufacturing processes to streamline the affordable delivery of satellite components.

As a part of this initial contract, the Lockheed Martin team will assess the viability and performance of PrintRite3D technology for the Space division in support of a variety of defense and civil space programs. PrintRite3D(r) is an interactive in-process quality assurance system that combines inspection, feedback, data collection and critical analysis. The system discovers potential anomalies and incorporates machine learning in conjunction with developed metrics to map those metrics to the post-process data. Through its careful attention to the unique requirements of the additive manufacturing industry, PrintRite3D provides a high-fidelity, accurate system that can confidently scale to multi-laser in dual and quad laser systems.

"After review of our needs and potential solutions, we selected the Sigma PrintRite3D system because of its robust analysis capabilities, quality assurance solutions, data capture technology, and scalability across various OEM 3D printing platforms," said Kristi Farley, vice president spacecraft and missile engineering at Lockheed Martin Space. "Assurance of print quality and repeatability is essential to the critical missions that we support."

Mark Ruport, President and CEO of Sigma Labs, stated, "We are extremely pleased to welcome Lockheed Martin's Space Additive Design & Manufacturing Center as a Sigma Labs customer. It's gratifying that they recognize the commitment our company has made to supporting the entire additive manufacturing industry with innovative in-process quality solutions."