Sigma Labs (NASDAQ: SGLB) is well positioned to capitalize on the rapid growth of 3D metal printing in the automotive space. An article discussing the company reads, “Forecast to see explosive growth in the automotive industry by the year 2030, additive manufacturing (3D printing) provides numerous benefits to auto manufacturers. Much of the anticipated growth is expected to come from end-use parts production, an area where Sigma Labs Inc. (NASDAQ: SGLB), the only known producer of quality assurance software for the commercial 3D-printing industry, may provide significant advantages. . . . A recent 3D Printing Media Network article by Davide Sher reported that ‘all revenue streams associated to AM for automotive production (not including prototyping) are now expected to add up to nearly $10 billion in total yearly sales by the end of this decade.’ This graph illustrates the phenomenal growth projections (http://nnw.fm/ckI7X).”
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About Sigma Labs Inc.
Sigma Labs is a leading provider of quality-assurance software to the commercial 3D-printing industry under the PrintRite3D(R) brand. Founded in 2010, Sigma is a software company that specializes in the development and commercialization of real-time, computer-aided inspection (CAI) solutions known as PrintRite3D(R) for 3D-advanced-manufacturing technologies. Sigma Labs’ advanced computer-aided software product revolutionizes commercial additive manufacturing, enabling nondestructive quality assurance mid-production and uniquely allowing errors to be corrected in real time. For more information, visit the company’s website at www.SigmaLabsInc.com.
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