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.
Mastercam University Welcomes In-House Solutions Training September 8, 2020 New collaboration to provide increased exposure of resources
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.
Intuitive Workflows Speed Product Development August 21, 2020 Manufacturing Engineering: What are some of the latest trends in simulation software for manufacturing? Uwe Schramm, CTO, solvers, optimization and multi-physics, Altair Engineering Inc., Troy, Mich.: I see three trends here. First, manufacturing sim
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
Mastercam Retains Top Ranking Worldwide in 2020 August 25, 2020 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 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.
Heidenhain Opens Expanded Western U.S. Headquarters July 8, 2020 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.
Digital Transformation Picks up Speed July 1, 2020 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.
