Xometry, an on-demand manufacturing marketplace, announced that it has completed an $75 million equity round, led by funds and accounts advised by T. Rowe Price Associates Inc. Durable Capital Partners LP and ArrowMark Partners.
New collaboration to provide increased exposure of resources
An Israeli company has developed new artificial intelligence technology that promises to dramatically change how original equipment manufacturers and their suppliers conduct quality control inspections.
The National Center for Defense Manufacturing and Machining (NCDMM) announced on August 13 the restructuring of its organizational operations to include a new holding company and a subsidiary/sister company to support its long-term growth strategy within the global advanced manufacturing industry.
New report from Claroty researchers finds latest ICS vulnerabilities most prevalent in energy, critical manufacturing, and water & wastewater sectors of critical infrastructure
More shops and schools invest in Mastercam than any other CAD/CAM software package in the world, according to CIMdata, an independent research firm specializing in the NC industry. CIMdata reports that Mastercam is the number one CAM software used worldwide for 26 years in a row
Manufacturing’s supply chain is approaching a “tipping point” of diversifying beyond China, consulting firm PwC said in a report.
Heidenhain Corp. has opened its newly completed West Coast headquarters. This includes the expansion of its executive, sales and technical support offices, as well as demo facilities in San Jose, Calif. The company also maintains a Midwest headquarters in Schaumburg, Illinois.
Fostering human-centered innovation by developing powerful, easy-to-use tools is at the heart of the new products, enhancements and services showcased during the Siemens Digital Industries Software 2020 Media & Analyst Conference, a two-day virtual event hosted by the Plano, Texas-based company on June 16 and 17.
ESPRIT by DP Technology has announced extended support for Mazak Smooth Ai CNC. ESPRIT produces machine-optimized, edit-free G-code programs, program optimization, and machine simulation for Mazak’s machine tools.