Xometry Announces $75 Million Equity Round Led by T. Rowe Price Funds September 10, 2020 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.
Air Force researchers, industry finesse AM tools for large aerospace parts September 28, 2020 After three years of work, military researchers are near the end of a project to find a faster, cheaper way to make tools for large aerospace parts like skins for wings and fuselages.
AI Enters Inspections September 8, 2020 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.
NCDMM Announces Organizational Restructuring August 14, 2020 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.
Remotely Exploitable Industrial Control System Vulnerabilities on Rise August 19, 2020 New report from Claroty researchers finds latest ICS vulnerabilities most prevalent in energy, critical manufacturing, and water & wastewater sectors of critical infrastructure
Manufacturing at a ‘Tipping Point’ to Diversify Beyond China July 21, 2020 Manufacturing’s supply chain is approaching a “tipping point” of diversifying beyond China, consulting firm PwC said in a report.
Voith to Deliver Eight Electric Voith Schneider Propellers to Norwegian Shipping Company Østensjø July 1, 2020 Voith will deliver eight electric Voith Schneider Propellers (eVSP) to the Norwegian shipping company Østensjø, thus enabling resource-saving and energy-efficient operation of the four offshore wind supply vessels. The four ships will be built in Spain and are already equipped for the application of CO2-neutral hydrogen technology.
ESPRIT Announces Extended Support for Mazak Smooth Ai CNC June 30, 2020 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.
On-Machine Metrology Drives Efficiencies In Large-Scale AM June 23, 2020 In the cornfields of southern Indiana, Thermwood Corp. is making unique large-scale additive manufacturing (LSAM) equipment. LSAM machines produce large- to very-large-sized components from reinforced thermoplastic composite materials, creating industrial tooling, masters, patterns, molds and production fixtures used in the aerospace, automotive, foundry, and marine industries.
ExOne Adds Two Stainless Steels June 24, 2020 ExOne Co. said it was launching its updated Quick Ship metal 3D printing services, featuring a new digital quoting tool and materials.