Sigma Labs, Inc. (OTCBB:SGLB) announced today that it has signed a non-binding memorandum of understanding (%22MOU%22) with Morris Technologies, Inc.
Sigma Labs, Inc. comprises three wholly-owned subsidiaries, including B6 Sigma, Inc., Sumner & Lawrence Limited (dba Sumner Associates) and La Mancha Company. B6 Sigma develops advanced manufacturing solutions (e.g., PrintRite3D™ for Additive Manufacturing) and materials technologies (e.g., Advanced Reactive Materials & Structures - ARMS(R)) as well as R&D solutions for first-tier integrators like GE, Boeing, Honeywell, Pratt & Whitney, and other commercial firms around the globe.
Sigma Labs has current contracts with Federal government and private industry clients to provide high-level consultants, and develop technologies from their conception through the design, building, and testing of prototype systems by integrating sensing, software, materials and manufacturing technology risk-reduction solutions.
The goal for this collaboration with Morris is developing real-time quality monitoring, which thrir PrintRite3D™ system is designed to provide.The system is also being designed to enable manufacturers to rapidly identify and correct manufacturing issues on-machine, thereby further reducing risk, cost and inspections