Sigma Labs extends strategic alliance with Morf3D

Morf3D leases an EOS M400 system.

Sigma Labs, Inc. (“Sigma Labs” or the “Company”), a provider of quality assurance software under the PrintRite3D® brand, has announced that it has made an investment in the principal amount of $500,000 to Morf3D, a strategic partner, pursuant to a secured convertible promissory note (the “Note”).

The Note further extends our strategic alliance and supports Morf3D’s leasing of an EOS M400 system to expand production for contracts related to additive manufacturing (“AM”) of high-precision aerospace & defense (“A&D”) components. Morf3D is currently one of a handful of companies qualified for additive manufacturing of production flight hardware for key Aerospace and Defense OEMs. This agreement strengthens Sigma Labs’ strategic alliance and is in contemplation of a possible merger of combined interest with Morf3D.