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.
Gages Step Up the Tech July 27, 2020 Sophisticated metrology equipment, like coordinate measuring machines (CMMs) and laser scanners, are increasingly seen outside quality labs. “Many companies have cut costs by moving inspection from the lab to the shop floor,” said Matteo Zoin, head of marketing and new market development for Marposs Corp., Auburn Hills, Mich.
Mitutoyo America Expands Custom Solutions Offerings August 14, 2020 Mitutoyo America Corporation has expanded its Custom Solutions offerings. Mitutoyo will now offer “end-to-end solutions” for all its customers’ needs and have the ability to customize products and advanced technology for specific applications.
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.
VR stands ready to stand in (for R) July 16, 2020 When designers at Siemens started using virtual reality (VR) to quickly evaluate early-stage ideas, the usually slow and costly design-and-iteration process went from days and hours to minutes.
IACMI supplies scale-up testing for new composite parts July 15, 2020 Until just a few years ago, if a vehicle maker wanted to test the process for making a newly designed composite part at full scale, the company’s R&D engineers would call one of its Tier Ones and ask to schedule a trial run on the composites fabricator’s machines during off hours.
