RTTNews | Mar 15, 2021 10:22AM EDT

10:21 Monday, March 15, 2021 (RTTNews.com) - Shares of Sigma Labs Inc. (SGLB) reached a new 52-week high of $7.68 Monday morning, and are currently trading at $6.54, up $3.20 or 95.81%, with trading volume skyrocketing over 57.4 million versus an average volume of 431K shares.

Sigma Labs 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.

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."

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