Shares of Sigma Labs, Inc. (SGLB) surged over 65% on Tuesday morning after the company it received a contract from Mitsubishi Heavy Industries.
SGLB is currently trading at $4.155, up $1.665 or 66.87%, on the Nasdaq.
Sigma Labs, a developer of quality assurance software for the commercial 3D printing industry, said it received a contract from Mitsubishi Heavy Industries to implement PrintRite3D in-process quality assurance software.
The PrintRite3D system will be installed on a laser powder bed fusion system for the development and qualification of MHI additive manufacturing production processes.
Financial details of the contract were not disclosed.
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