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.
Demystifying the IIoT October 19, 2020 IIoT expert Steve Jones who will speak Oct. 29 at “The Best of SMX” (smxevent.com), describes in detail the Industrial Internet of Things (IIoT), as well as AI/machine learning and other promising technology for manufacturing’s future. Like with many things in life, it is important to set goals first, the Steelcase executive says. Not sure where to begin with IIoT? Never fear: Jones has the answer.
Mastercam, FANUC Announce Optimized Five-Axis Post Processor for FANUC CNCs December 3, 2020 CNC Software Inc., developers of Mastercam CAD/CAM software, and FANUC America, a supplier of factory automation solutions, have introduced a new post processor designed to optimize five-axis capabilities in FANUC CNCs.
Manufacturing Growth Eases in November December 1, 2020 Manufacturing’s economic expansion eased in November, the Institute for Supply Management said today.
Reshoring Operations in the Age of COVID-19: Part Two November 5, 2020 In March 2020, the World Health Organization (WHO) officially declared the novel coronavirus (COVID-19) outbreak a pandemic. Manufacturers are dealing with the fact that the virus has exposed the fact that many domestic (North American-based) brands rely significantly upon China for fulfilling some, part, or nearly all, of their supply chain.
Digital Foundry Holds Virtual Groundbreaking November 2, 2020 The Digital Foundry at New Kensington, a new 15,044 square-feet innovation and manufacturing lab space that will use cutting-edge technologies to develop future-ready skills and improve business outcomes, has been unveiled.
Neurala Announces Strategic Partnership with IMA Group October 20, 2020 Vision AI software company Neurala announced a new strategic partnership with global manufacturing leader IMA Group.
AR Brings Extreme ROI October 13, 2020 It is not surprising that the aerospace and defense industry exists at a higher plane of manufacturing. The components and end products being assembled must endure intense forces and pressures, are expected to perform without failure, and even the slightest mistake comes with extreme safety risks.