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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 implementation of smart technology is accelerating, in part because of the global pandemic, organizers of an online press conference on smart manufacturing in Taiwan said today.

Florida's advanced manufacturing industries are diverse and include sectors producing intermediate and finished products ranging from plastics and micro-electronics to tortillas and motor vehicles.

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.

CEO Jason Walker and part of his team at Waypoint Robotics had just returned from the Modex 2020 show in Atlanta when the governor of his company’s home state imposed a stay-at-home order because of COVID-19.

In an announcement orchestrated from Barcelona, California-based HP in June announced an expansion of its 3D printing business.

Lockheed Martin has had robotics and automation solutions as a component of its product portfolio for longer than a decade.

Betting that the worst of the pandemic will be over and travel restrictions lifted, the 2021 edition the machine tool exhibition is putting out the welcome mat to the world.

The National Association of Manufacturers said a quarterly survey shows strong use of liquidity programs like the Paycheck Protection Program and Main Street Lending Program.

Supply chains are creating cybersecurity risks for companies, according to a security services firm report.