Bag alert: Sigma Labs up 65% after receiving Mitsubishi contract

(RTTNews) – Sigma Labs, Inc. (SGLB) shares rose more than 65% on Tuesday morning after the company won a contract with Mitsubishi Heavy Industries.

The SGLB is lately at $4,155, up $1,665 or 66.87% on the Nasdaq.

Sigma Labs, a quality assurance software developer for the 3-d advertising printing industry, said it won a contract with Mitsubishi Heavy Industries to implement the printRite3-d process of quality assurance software.

The PrintRite3D formula will be in a dust bed laser fusion formula for the progression and qualification of MHI additive production processes.

The main financial points of the contract were revealed.

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