Sigma Labs Awarded Navy Contract for Direct Digital Manufacturing of Metallic Aircraft Parts
"We are pleased to receive this contract, which will generate up to $150,000 in revenues, as it enhances our current US Air Force Phase II SBIR contract that we expect to complete in 2011 and will generate up to $750,000 in revenues,” Sigma Labs President Mark Cola says. “The US Navy contract extends our IPQA technology and will allow us to focus on developing and deploying a product into this fast-growing market segment."
"DDM has come a long way since we initiated early developments in the 1980s at Los Alamos,” says Richard Mah, CEO of Sigma Labs. “Within a few years, we believe that parts will go directly from computer models to physical hardware, and onto aircrafts faster and more reliably than ever before."