Sigma Labs Inc., a developer of inspection systems for metal-based additive manufacturing and other advanced manufacturing technologies, has agreed to form a joint venture company with Cincinnati-based Arete Innovative Solutions LLC. The new company, Arete-Sigma LLC, will be a comprehensive metal solutions provider for the burgeoning advanced manufacturing market. The joint venture will offer services such as design, prototyping and manufacturing of high-precision metal components.

Bill Herman will be president of the Arete-Sigma LLC joint venture.