Fast Radius Inc., a cloud manufacturing and digital supply chain company, and ECP Environmental Growth Opportunities Corp. have entered into a definitive agreement that will result in Fast Radius becoming a publicly-listed company.
Hexagon is providing mold and die shops using its CAM software WORKNC with immediate access to its model preparation software. This allows integration of production workflows from any CAD model format to CAM so shops can machine parts more efficiently and avoid costly errors.
The ever-volatile oil and natural gas industry—roiled most recently by September’s drone attacks on Saudi Arabian oil facilities that temporarily reduced the kingdom’s output by nearly half (about 5 percent of global production)—faces particularly challenging requirements for machined components to meet evolving supply targets.
There is still a lot of talk about breaking down the “silos” within a manufacturing enterprise. Siemens, like other software providers, is trying to address the problem by offering toolsets that are easier to integrate and work together.
