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.
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.
EMO 2021 Scheduled for October 2021 in Milan, Italy September 24, 2020 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.
NAM Survey Finds Use of PPP September 10, 2020 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 Present Cybersecurity Risks, Report Says September 23, 2020 Supply chains are creating cybersecurity risks for companies, according to a security services firm report.
Secretary of the Air Force Unveils New “eSeries” Classification September 17, 2020 A new way of procuring systems, recognizing the Department’s digital future, and industry’s ability to deliver digital twins.
IMTS Network Week Premiers September 14 – 18 September 11, 2020 On Monday, September 14, IMTS – The International Manufacturing Technology Show will launch IMTS Network, a new digital channel that will broadcast live on IMTS.com from 8 a.m. to 12 p.m. (CT) each day through September 18.
Demand for Automation, Robots Spikes September 4, 2020 Demand for automation and robots is surging in multiple industries, including automotive, writes the CEO of Thomas.com.
Autonomous Mobile Robots Drive Manufacturing Versatility September 3, 2020 Robotics have come a long way since the first industrial robot was installed at General Motors. Denise Ebenhoech, Regional Head of Advanced Robotics Applications at KUKA Robotics, sits down with Chris Mahar, Associate Editor, to discuss recent developments within mobile robots. From cleans rooms to job shops to moving entire airplane assemblies, autonomous mobile robots are helping manufacturers succeed in today’s advanced manufacturing landscape.
Rush job? No prob! September 24, 2020 Improvements in manufacturing management software, robotics, additive manufacturing and thermal controls are making small batch sizes more cost effective—even for smaller shops. Manufacturing plants are able to reduce inventory, improve throughput and reduce demands on human operators.