"The third quarter of 2019 was highlighted by continued success in engaging both OEMs and end users as PrintRite3D customers, driving continued industry awareness and developing promising commercial opportunities," Rice further stated on the earnings call.
Committed to the Future of 3D Printing
There's little doubt that the next industrial revolution is at the doorstep and about to transform the way products are made. Additive manufacturing is rewriting the rules for how products are designed, built and created. Major companies across the globe are dedicating massive resources and talent to bring additive manufacturing into the mainstream. This titanic transformation provides a generational opportunity for those with the vision to recognize the explosive impact and speed to market realities. As Rice stated, "Additive manufacturing is, in our mind, undoubtedly the next industrial revolution and we are on the forefront of revolutionizing an essential element for its widely forecast leap to serial manufacturing."
American software giant Autodesk Inc. (NASDAQ: ADSK) specializes in producing software for people who make things, from architects to engineers and beyond. The company has aggressively moved into the additive manufacturing space, developing software across a range of uses in 3D printing. The company's highly regarded Netfabb(R) is a connected software for additive manufacturing, design and simulation used to streamline workflows and reduce build errors.
Among the world's largest industrial manufacturing companies, Siemens AG (OTC: SIEGY) is leading the way in adopting 3D printing on an industrial scale. Working in partnership with other companies, it has been developing new control technology that seamlessly integrates hardware and software to optimize 3D printing. Siemens is currently evaluating the Sigma Labs' PrintRite3D software on one of its metal printers
An early pioneer of 3D printing, Materialise NV (NASDAQ: MTLS) has been instrumental in developing the technology since 1990. The company's research indicates that 3D printing could help shift the balance of power and challenge China's intent to become the world leader in manufacturing. Materialise has integrated Sigma Labs' PrintRite3D technology with its Materialise MCP controller, and the companies will jointly demonstrate the latest version of the software platform to the global elite of additive manufacturing at the Formnext exhibition in Frankfurt, Germany, on November 19–22.
General Electric (NYSE: GE) has made a major commitment to bring additive manufacturing into the mainstream. GE features some of the most advanced additive technologies available, from machines that create products quickly and precisely to powders, 3D-printing services and consulting. GE's Baker Hughes division has begun the final phase of the PrintRite3D rapid test and evaluation program, the last step before commercial orders.
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