Bullish Momentum Building for Sigma Labs Inc (NASDAQ:SGLB)


Sigma Labs Inc (NASDAQ:SGLB) shares were up 6.69% to $2.87 on Tuesday and unchanged in after-hours trading. Share prices have been trading in a 52-week range of $1.40 to $9.48. The company has a market cap of $12.29 million at 4.57 million shares outstanding.

Sigma Labs Inc announced that it will unveil its PrintRite3DINSPECT™ V.2.0 quality assurance software at RAPID + TCT 2017, which is North America’s preeminent event for discovery, innovation, and networking in 3D manufacturing. It will have an exhibit from May 9-11, 2017 at Booth 1026 at the David L. Lawrence Convention Center, Pittsburgh, PA.

“We are delighted to unveil our advanced PrintRite3D INSPECT V.2.0 solution at the Rapid 2017 event, which is the perfect forum to introduce its advanced capabilities to a captive 3D manufacturing audience,” said Mark Cola, President and CEO of Sigma Labs Inc.

PrintRite3D INSPECT V.2.0 innovates on the company’s integrated, interactive system that combines inspection, feedback, data collection and critical analysis. It pairs ENSORPAK multi-sensors and hardware with INSPECT, CONTOUR and ANALYTICS software modules for comprehensive management of Additive Manufacturing processes.

“This release marks our product evolution with an offering that provides Web and IoT-based integration, enabling groundbreaking advancements in process control and quality assurance for Additive Manufacturing,” Cola added.

Sigma Labs Inc is a technology company that specializes in the development and commercialization of manufacturing and materials technologies. Its principal business activities include the development of its In-Process Quality Assurance (IPQA) suite of technologies and the commercialization of both its IPQA and materials-related suite of technologies, with its focus on three-dimensional printing (3DP) industry.

The company is engaged in a range of activities in which it seeks to commercialize technologies and products in various industry sectors, such as aerospace and defense manufacturing; bio-medical manufacturing; automotive manufacturing, and other markets. It offers PrintRite3D SENSORPAK, which is an auxiliary sensor and hardware kit; PrintRite3D INSPECT, which is a software that verifies quality layer by layer, and PrintRite3D CONTOUR, which is a software that assures the as-built geometry. Its other software modules include PrintRite3D THERMAL and PrintRite3D ANALYTICS.

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With an upbringing rooted in deep ethical values, Yashu Gola knows how to put honesty and dedication into his articles. This young and dynamic financial analyst has done his graduation in IT engineering. His interests in financial writing have once brought him to our digital doorsteps. Since then, he has been an integral part of ForexMinute.com and writes the most captivating news-articles on the foreign exchange industry, cryptocurrencies, and medical marijuana trading.