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Santa Fe, NM – January 14, 2012 - Sigma Labs, Inc. (OTCBB: SGLB) announced today that is has been awarded two U.S. Patents. The first award is for a new class of reactive material known as ARMS - Advanced Reactive Materials and Structures - that could be very useful for the future design of more energetic munitions able to deliver equivalent explosive power in a device of roughly half of the weight.
SANTA FE, N.M., Sept. 25, 2012 -- Sigma Labs, Inc. (SGLB) announced today that it was awarded a contract from one of the world's leading suppliers of power generation systems to develop and demonstrate advanced manufacturing repair technology for land-based gas turbines.
SANTA FE, N.M., Sept. 13, 2012 -- Sigma Labs, Inc. (SGLB) announced today that it has signed a non-binding memorandum of understanding ("MOU") with Morris Technologies, Inc. (www.morristech.com) ("Morris Technologies"), a world leader in the field of Additive Manufacturing and 3D printing, which sets forth the parties intent to explore the formation of a joint venture for the purpose of commercializing Sigma Labs' PrintRite3D™ technology for the Additive Manufacturing industry.
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SIGMA LABS, INC. RECEIVES CONTRACT FOR LIGHTER, MORE ENERGETIC NEXT-GENERATION MUNITIONS DEVELOPMENT
SANTA FE, NEW MEXICO- December 21, 2010- Sigma Labs, Inc. (OTCBB: SGLB). announced today it was awarded a new munitions development contract from the US Department of Defense that seeks new, lighter weight, munitions solutions capable of more energy on target and reduced collateral damage.
SANTA FE, NEW MEXICO- December 21, 2010- Sigma Labs, Inc. (OTCBB: SGLB). announced today it was awarded a new munitions development contract from the US Department of Defense that seeks new, lighter weight, munitions solutions capable of more energy on target and reduced collateral damage.
Mr. Richard Mah, CEO of Sigma Labs, Inc., stated that: “Current munitions are 30 percent high explosive and 70 percent steel, or extra weight being carried around that releases no energy. This steel often ends up as shrapnel and causes unintended casualties. We believe that our patent-pending technology will turn this ratio on its head – allowing weapons to carry twice as much energetic material for every pound of weapon delivered, or to pack the same explosive punch in a much smaller weapon. It will also enable a new class of 21st Century munitions for precision delivery.”
Sigma Labs, Inc. is working with a commercialization partner, one of the largest munitions producers in the United States. Mr. Mark Cola, President of Sigma Labs, Inc. believes that: “The close working relationship we have with our commercialization partner could enable more rapid deployment of this technology to the defense market and greater participation in current or future weapons programs of record.”
Contact:
Valerie Vekkos
vvekkos@sigmalabsinc.com