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.
Siemens Presents First Industrial 5G router November 17, 2020 Intended to meet growing demand for remote access via public 5G networks for remote maintenance.
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.
3D Systems Receives FDA Clearance for Vantage Ankle PSI November 17, 2020 3D Systems said the Food and Drug Administration has provided clearance for the Vantage Ankle PSI.
Absolute Machine Tools Wins 2020 PMPA Technical Member Participation Award November 23, 2020 Machine tool importer and distributor Absolute Machine Tools, Inc. received the PMPA (Precision Machined Products Association) Technical Member Participation award at the association’s annual meeting recently in Ridgedale, Missouri.
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.
CGTech and Makino Renew Partnership October 14, 2020 CGTech, the developer of VERICUT software, and Makino Milling Machine Co. Ltd., a leader in CNC machine tools technology, have renewed their strategic corporate partnership to better serve the mutual customer base of the two companies.
DMG Mori Emphasizes the Digital Age October 9, 2020 Providing a full range of machines, automation, and software mirrors the important trends in the industry as well.