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Sigma Labs Inc   (SGLB)
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    Sector  Capital Goods    Industry Aerospace & Defense
   Industry Aerospace & Defense
   Sector  Capital Goods
 

Sigma Labs Inc 's Customers Performance

SGLB

 
SGLB's Source of Revenues Sigma Labs Inc 's Customers have recorded an advance in their cost of revenue by 8.28 % in the 2 quarter 2021 year on year, sequentially costs of revenue grew by 4.44 %, for the same period Sigma Labs Inc revnue deteriorated by -14.04 % year on year,

List of SGLB Customers




Sigma Labs Inc 's Customers have recorded an advance in their cost of revenue by 8.28 % in the 2 quarter 2021 year on year, sequentially costs of revenue grew by 4.44 %, for the same period Sigma Labs Inc revnue deteriorated by -14.04 % year on year,

List of SGLB Customers


   
Customers Net Income grew in Q2 by Customers Net margin grew to
8.3 %



Sigma Labs Inc 's Customers, Q2 2021 Revenue Growth By Industry
Customers in Aerospace & Defense Industry      15.76 %
Customers in Conglomerates Industry      14.63 %
Customers in Airline Industry      297.62 %
     
• Customers Valuation • Segment Rev. Growth • Segment Inc. Growth • Customers Mgmt. Effect.


Sigma Labs Inc 's Comment on Sales, Marketing and Customers



An area of increasing interest in the manufacturing world is AM or 3DP. AM is a method of producing functional parts directly from computer design files without any tooling or other processing.


Metal parts are a rapidly growing segment of this overall market space as AM or 3D printing moves from just making models to making actual, fully functional parts. Large firms such as Honeywell Aerospace, GEA and Boeing Aircraft Company view AM as an enabling process for many components. GEA has foreseen that up to 50 percent of its aero-engine parts will be made by AM by 2016 and has sought to remove 1,000 lb from its current 4,000 lb engines by 2020. Further, both GE and Honeywell have made known their dissatisfaction with the inconsistency of the AM process from part-to-part and from machine-to-machine as early as January 2012 (MIT Technology Review). The Company believes that companies such as GE and Honeywell cannot achieve these ambitious weight reduction goals without new quality assurance and control technologies for metal AM parts because current quality control methods are not sufficient to allow cost-effective manufacturing of safety- and performance-critical metal parts. The Company believes that our PrintRite3D® technology would directly address this shortcoming for metal parts and allow such AM applications to move forward. As noted below, we are providing consultant services to GEA and Honeywell Aerospace to assist in these goals.

As further evidence of the demand for new quality control methods for safety-critical additive manufacturing, the US Navy’s Chief Scientist, W.E. Frazier, commented that the need for real-time quality monitoring and control is essential to achieving the Navy’s goals for additive manufacturing. This is precisely the technology that would be provided by our PrintRite3D® technology. There is currently a very limited supplier base providing high value-added, performance and safety-critical metal parts including the OEM captive job shops. We believe that none are currently capable of addressing the issue of real-time quality control. Our PrintRite3D® is currently a market leader in this area.

The Company has ongoing contracts that include a Period 2 project with Honeywell Aerospace funded by the Defense Advanced Projects Agency ("DARPA") on the application of our PrintRite3D® to performance-critical AM metal parts. This project is vitally important because it provides an early opportunity to further demonstrate how our In-Process Quality Assurance™ technology or PrintRite3D® will reduce unnecessary post process inspection costs and improve quality for AM of highly critical aerospace metal components. Also, B6 Sigma was a participant on a GEA led team of companies and universities, which were recently awarded a research contract by the National Additive Manufacturing Innovation Institute (“NAMII” or AmerciaMakes) titled, “In-Process Quality Assurance™ for Laser Powder Bed Production of Aerospace Components”. The contract has the stated objective of maturing the In Process Quality Assurance™ (IPQA®) technology for aerospace applications by leveraging a development approach incorporating multiple AM OEM machines, multiple superalloys, and multiple product intent aerospace components. Lastly, we were part of a large research team, led by the Edison Welding Institute, that was awarded a grant funded by the National Institute of Standards ("NIST") to ensure that quality parts are produced and certified for use in products made by a variety of industries and their supply chains. The emphasis is on providing tools needed for additive manufacturing applications to progress from prototype to serial production.


As demand continues to increase for prototyping services and as industrial companies begin to gain regulatory acceptance for AM designed parts, there is an increasing need for contract manufacturing services to produce these AM parts. The existing service bureau for AM parts is small and fragmented and does not currently have the capacity to meet the expected future demand for AM parts.


Sigma Labs Inc 's Comment on Sales, Marketing and Customers


An area of increasing interest in the manufacturing world is AM or 3DP. AM is a method of producing functional parts directly from computer design files without any tooling or other processing.


Metal parts are a rapidly growing segment of this overall market space as AM or 3D printing moves from just making models to making actual, fully functional parts. Large firms such as Honeywell Aerospace, GEA and Boeing Aircraft Company view AM as an enabling process for many components. GEA has foreseen that up to 50 percent of its aero-engine parts will be made by AM by 2016 and has sought to remove 1,000 lb from its current 4,000 lb engines by 2020. Further, both GE and Honeywell have made known their dissatisfaction with the inconsistency of the AM process from part-to-part and from machine-to-machine as early as January 2012 (MIT Technology Review). The Company believes that companies such as GE and Honeywell cannot achieve these ambitious weight reduction goals without new quality assurance and control technologies for metal AM parts because current quality control methods are not sufficient to allow cost-effective manufacturing of safety- and performance-critical metal parts. The Company believes that our PrintRite3D® technology would directly address this shortcoming for metal parts and allow such AM applications to move forward. As noted below, we are providing consultant services to GEA and Honeywell Aerospace to assist in these goals.

As further evidence of the demand for new quality control methods for safety-critical additive manufacturing, the US Navy’s Chief Scientist, W.E. Frazier, commented that the need for real-time quality monitoring and control is essential to achieving the Navy’s goals for additive manufacturing. This is precisely the technology that would be provided by our PrintRite3D® technology. There is currently a very limited supplier base providing high value-added, performance and safety-critical metal parts including the OEM captive job shops. We believe that none are currently capable of addressing the issue of real-time quality control. Our PrintRite3D® is currently a market leader in this area.

The Company has ongoing contracts that include a Period 2 project with Honeywell Aerospace funded by the Defense Advanced Projects Agency ("DARPA") on the application of our PrintRite3D® to performance-critical AM metal parts. This project is vitally important because it provides an early opportunity to further demonstrate how our In-Process Quality Assurance™ technology or PrintRite3D® will reduce unnecessary post process inspection costs and improve quality for AM of highly critical aerospace metal components. Also, B6 Sigma was a participant on a GEA led team of companies and universities, which were recently awarded a research contract by the National Additive Manufacturing Innovation Institute (“NAMII” or AmerciaMakes) titled, “In-Process Quality Assurance™ for Laser Powder Bed Production of Aerospace Components”. The contract has the stated objective of maturing the In Process Quality Assurance™ (IPQA®) technology for aerospace applications by leveraging a development approach incorporating multiple AM OEM machines, multiple superalloys, and multiple product intent aerospace components. Lastly, we were part of a large research team, led by the Edison Welding Institute, that was awarded a grant funded by the National Institute of Standards ("NIST") to ensure that quality parts are produced and certified for use in products made by a variety of industries and their supply chains. The emphasis is on providing tools needed for additive manufacturing applications to progress from prototype to serial production.


As demand continues to increase for prototyping services and as industrial companies begin to gain regulatory acceptance for AM designed parts, there is an increasing need for contract manufacturing services to produce these AM parts. The existing service bureau for AM parts is small and fragmented and does not currently have the capacity to meet the expected future demand for AM parts.








SGLB's vs. Customers, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)



COMPANY NAME MARKET CAP REVENUES INCOME EMPLOYEES
Sigma Labs Inc 34 1 -6 4
Aar Corp 1,348 1,652 36 4,850
Air Industries Group 40 50 0 379
Aerojet Rocketdyne Holdings Inc 3,889 2,137 130 4,965
Arotech Corp 80 91 -1 523
Astronics Corporation 534 494 -108 2,000
Boeing Co 135,908 61,658 -8,899 168,400
Be Aerospace Inc 6,705 3,484 366 10,057
Ball Corp 27,041 12,121 759 15,000
Caterpillar Inc 117,200 43,000 3,441 114,233
Comtech Telecommunications Corp 651 586 -80 1,852
Crane Co 5,660 2,973 227 0
Cpi Aerostructures Inc 41 88 -1 281
Cyalume Technologies Holdings, Inc. 24 43 2 462
Ducommun Incorporated 660 613 28 3,150
Edify Acquisition Corp 267 0 -72 1,000
Eaton Corporation Plc 63,214 17,914 1,436 102,000
Endurance Exploration Group, Inc. 2 0 0 5
General Dynamics Corporation 55,902 38,521 3,281 99,500
Generac Holdings Inc 27,629 2,817 454 4,202
Heico Corporation 18,886 1,739 291 3,500
Honda Motor Co Ltd 54,960 118,717 6,269 0
Honeywell International Inc 163,244 33,959 5,055 131,000
Hyster yale Materials Handling Inc 1,181 2,759 29 5,500
Iec Electronics Corp 110 187 5 565
Kvh Industries Inc 211 164 -20 604
L3 Technologies, Inc. 19,614 10,573 1,041 48,000
Lmi Aerospace Inc 185 340 -42 1,970
Lockheed Martin Corporation 103,786 66,814 7,142 113,000
Southwest Airlines Co 31,697 9,866 -1,601 45,861
Northrop Grumman Corp 59,777 37,336 4,516 64,300
Enpro Industries Inc 1,896 1,077 211 5,000
Orbital Atk, Inc. 7,801 4,991 345 12,300
Oshkosh Corporation 8,388 6,831 349 13,300
Plexus Corp 2,571 3,482 152 16,000
Passur Aerospace Inc 6 7 0 37
Raytheon Technologies Corporation 132,339 62,297 2,376 0
Seafarer Exploration Corp 26 0 -3 1
Sifco Industries Inc 64 107 9 465
Smtc Corporation 170 386 -1 1,171
Sparton Corp. 182 379 -8 1,531
Spirit Aerosystems Holdings inc 4,630 3,228 -879 15,200
Southwestern Energy Company 3,331 2,601 -2,940 2,781
Transdigm Group Incorporated 37,874 4,282 405 8,200
Trans-pacific Aerospace Company, Inc. 0 0 -2 7
Textron Inc 15,794 11,271 209 34,000
Unisys Corp 1,450 2,021 -422 23,200
Viavi Solutions Inc 3,958 1,155 99 3,500
SUBTOTAL 1,120,926 574,810 23,584 1,083,852


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