Sigma Labs, Inc. Awarded US Navy Contract for Direct Digital Manufacturing of Metallic Aircraft Parts — Press Release
April 26, 2011 by Matthew Potter
Sigma Labs, Inc. Awarded US Navy Contract for Direct Digital Manufacturing of Metallic Aircraft Parts
SANTA FE, N.M., April 26, 2011 /PRNewswire/ — Sigma Labs, Inc. (OTCBB: SGLB.OB) announced today that it was awarded on March 23, 2011, a Phase I Small Business Innovation and Research (SBIR) contract by the US Navy for rapid qualification of parts made using Direct Digital Manufacturing (DDM).
Mark Cola, President of Sigma Labs, stated, “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. 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.”
Richard Mah, CEO of Sigma Labs, added, “DDM has come a long way since we initiated early developments in the 1980s at Los Alamos. 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. We are pleased to be a key part of this significant development in manufacturing.”
About Sigma Labs, Inc.
Sigma Labs, Inc. comprises leading scientists and engineers from Los Alamos National Laboratory with over 75 years of combined industrial R&D experience and has become a developer of manufacturing and materials technologies and an important R&D provider to first-tier integrators, including Boeing, Honeywell, and Pratt & Whitney, as well as to commercial firms within the United States and internationally. Sigma Labs, Inc. currently has contracts with both the federal Government and private industry to develop technologies from their conception through the design, building, and testing of prototype systems. Sigma Labs, Inc. is aggressively designing and developing innovative sensing, software products, materials technologies and other unique manufacturing quality assurance solutions for the federal Government and our commercial clients. Visit Sigma Labs at www.sigmalabsinc.com.
SOURCE Sigma Labs, Inc.
Read more: http://www.defenseprocurementnews.com/2011/04/26/sigma-labs-inc-awarded-us-navy-contract-for-direct-digital-manufacturing-of-metallic-aircraft-parts-press-release/#ixzz1LUg7Ahve
Lilly Close To Ending SEC Foreign Bribery ProbeArticle Comments Corruption Currents
By Joe Palazzolo
Darron Cummings/Associated Press Drug maker Eli Lilly & Co. is in advanced discussions with the SEC to resolve a probe into potential violations of the Foreign Corrupt Practices Act, The Wall Street Journal reported. The Indianapolis-based company previously disclosed that the SEC notified it in 2003 that staff were investigating whether the Polish divisions of certain drug makers including Lilly had violated the FCPA.
SEC Absorbed With Porn During Economic Crisis
Fri, 04/23/2010 - 3:16pm
As the Obama Administration pushes for more government regulation, a new report reveals that the agency charged with policing the nation’s financial industry was preoccupied with pornography while the economy crumbled.
The country’s financial system collapsed while employees and high-ranking managers at the Securities and Exchange Commission (SEC) regularly spent work hours gawking at pornography web sites on their government computers, according to an agency inspector general probe obtained this week by a major news organization.
Dozens of SEC employees, including senior officers with lucrative six-figure salaries, view explicit images on their agency computers during work hours. One senior attorney at the SEC headquarters in Washington D.C. spent up to eight hours a day accessing internet porn. When his government computer ran out of file space, he downloaded pornographic images on compact discs and stored them in boxes in his office.
One agency accountant tried to access porn websites 16,000 times in one month and got busted with hundreds of pornographic images on her computer hard drive. Another SEC accountant used his government computer to upload his own sexually explicit videos onto various porn websites that he frequented during business hours.
At least seventeen of the SEC offenders are senior-level employees earning taxpayer-financed salaries of up to $222,418. As deplorable as this behavior is for public servants, it’s not limited to this agency. Last year employees at the National Science Foundation, the multi billion-dollar federal agency that promotes science and national health, were exposed for spending significant portions of their workdays watching, downloading and e-mailing pornography on their government computers.
Additionally, a senior National Park Service official who oversaw one of the agency’s most popular facilities, the Gettysburg National Military Park, for years used his office computer to view thousands of sexually explicit images. He was simply reassigned with no further consequences.