Morris Technologies manufactures metal parts from CAD utilising direct metal laser sintering. While the 3D Printing industry is primarily making plastic parts, the demand for precision metal parts is increasing at a faster pace than the demand for plastic parts, the companies said.“We are pleased to have signed the MOU with Morris Technologies concerning a contemplated joint venture for the purpose of commercialising our PrintRite3D technology for critical applications,” said Mark Cola, president of Sigma Labs. “According to the January/February 2012 issue of MIT Technology Review, many customers of additive manufacturing for metal parts desire real-time quality monitoring, which our PrintRite3D system is designed to provide. Our system is also being designed to Oenable manufacturers to rapidly identify and correct manufacturing issues on-machine, thereby further reducing risk, cost and inspections." Greg Morris, CEO of Morris Technologies, said metal additive manufacturing and 3D printing is a rapidly growing market that is revolutionizing the way manufacturing is presently conducted. "By exploring a potential joint venture arrangement with Sigma Labs, we seek to build upon our solid reputation for high quality and to further extend our leadership and competitive position as a trusted manufacturer of metal additive parts for even the most critical of applications," he noted.
