The Los Alamos National Laboratory (LANL), a United States Department of Energy national laboratory, is world-renowned as one of the premier labs in the world. Located in Los Alamos, New Mexico, LANL is one of the largest science and technology institutions in the world that conducts multidisciplinary research for fields such as national security, outer space, renewable energy, medicine, nanotechnology, and supercomputing.
It goes without saying that the quality of the scientists that work at LANL sit among the upper echelon of researchers across the globe.
Santa Fe, New Mexico-based Sigma Labs, Inc. (OTCBB:SGLB) was founded by high-level scientists from the Los Alamos National Lab. The Company’s executives are a veritable "who’s who" amongst upper level management and researchers from not only Los Alamos, but industry leaders in general.
Its chairman, James Stout, worked as a Vice President for TMC from 2006 to 2010. He served as an advisor to the Strategic Advisory Committee of the Commander, U.S. Strategic Command for the last 10 years. CEO Richard Mah worked for Los Alamos National Laboratory as the Associate Laboratory Director for Weapons Engineering and Manufacturing.
President Mark Cola worked as a Director of Operations for the Beyond6 Sigma Division of TMC from 2006 to 2010. Mr. Cola has over 26 years of experience in the aerospace and nuclear industries at Rockwell International, Kelsey-Hayes Co., Westinghouse, Houston Lighting & Power and Los Alamos National Laboratory.
Today, Sigma announced that it has received a Phase II Small Business Innovation and Research Grant from the US Air Force Materials Research Laboratory to design and develop a monitoring and control system for use with electron beam additive manufacturing. Electron beam additive manufacturing is finding wide-spread use for making high-value added components for defense and commercial aerospace projects including the Joint Strike Fighter, a $300-billion, multi-decade program led by Lockheed-Martin (aircraft) and Pratt & Whitney (engines).
Sigma believes that its patent-pending monitoring and control technology will enable its clients to create a quality-assured manufacturing process which will improve titanium's utilization ratio by a factor of 5 or more, thereby saving millions of dollars in materials costs per aircraft for both military and civilian aircraft alike.
While Sigma continues to trade off the radar of the general investment community, this news apparently caught the eye of traders today with the price seeing a significant climb of more than 40% and volume slightly topping its three-month average. True investors often lean towards companies with a deep experience in the management and connections to blue chip companies and government contracts.
In the case of Sigma, the management team offers a robust amount of experience stemming world-class organizations and combines decades of experience in defense, aerospace, and advanced materials industries with a passion for bringing ideas to the marketplace through strategic and long-term relationships with major influencers in the industry.
While volume remains low, it may not for long as this young company continues to establish itself in this lucrative space.
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