This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Source: Honeywell Honeywell International Inc. announced today that it plans to spin out its automation and aerospace businesses. ” Honeywell outlined several potential benefits of separating its automation, aerospace, and advanced materials businesses. Register today to save 40% on conference passes!
Image: Ryan/stock.adobe.com The evolution of Australia’s defence expenditure from 1949 to 2023 reveals a story of growth, with recent years showing increases. By 2023, defence expenditure had soared to over $50 billion, and, according to SIPRI, Australia was ranked 13th in global military expenditures during this time frame.
Source: RoboForce RoboForce on Monday emerged from stealth with $10 million in early-stage funding. Founded in 2023, RoboForce’s team is made up of tech leaders from CMU Robotics, Michigan Robotics, Amazon Robotics, Tesla Robotics, Google, Waymo, Apple, and Microsoft. million in 2023. It will grow at a CAGR of 23.9%
We covered 25 acquisitions in 2023, which was down significantly from the 50 we covered in 2022. Below are eight robotics acquisitions, in chronological order, that stood out to us in 2023. In late November 2023, the European Commission shared an update on its investigation into the deal. Ocado paid roughly 2.8%
Robotic Crew founders at RoboBusiness 2023. Source: Ricardo Petrazzini While U.S. “When I went to RoboBusiness 2023, I met a Ph.D. “International networking is a must, and countries like Argentina are a huge untapped source of engineers.” ” The Coral Gables, Fla. ” Register now.
It seems obvious that astronauts who could someday find themselves on Mars will need an oxygen source to breathe, but NASA has other uses in mind. Devices based on the technology at work in MOXIE will be key for future missions.
billion in 2023 to $12.5 manufacturing markets, thanks to its infrastructure, logistics capacity, and skilled labor force. It contributes to local economic development through community initiatives and sustainable sourcing. Notably, Illinois doubled private-sector investments from $6.3
Source: FANUC America FANUC America Corp. m) North Campus facility in 2019, and new headquarters in Mexico and Canada in 2023. “We FANUC added that its robots and automation used industries including automotive, aerospace, agricultural, consumer products, food, pharmaceuticals, and warehousing. 60,386-sq.-m) 185,806 sq.
Source: PickNik Robotics PickNik Inc. Founded in 2015 for the Amazon Picking Challenge , PickNik Robotics has developed software to help organizations improve precision and efficiency in industries ranging from aerospace to construction and logistics. stated Dave Coleman, founder and chief product officer of PickNik Robotics.
ANI is a leading French distributor of fastening solutions and provider of logistics services in the aerospace industry. Through this acquisition, Bossard significantly expands its market presence in the strategically important aerospace industry and in France. million in sales in the financial year 2023.
The Chinese company featured cobots more prominently than in 2023. ABB introduced the Ultra Accuracy feature for its GoFa cobot for ultra-precise applications in the electronics, automotive, aerospace, and metalworking industries. We expect robots with payloads of 300 kg (661.3
Source: IFR The International Federation of Robotics, or IFR, today listed its picks for the top five global robotics trends of this year. In its latest release , the federation cited some different trends than it had for 2022 and 2023. million units in 2022. They combine the mobility of mobile robots with the dexterity of cobot arms.
Here’s what’s happening in and around the fastener industry the Week of January 16, 2023. The Mid-West Fastener Association and BTM Manufacturing announced that Jake Davis, BTM Manufacturing President , will begin serving as the Mid-West Fastener Association’s Board President effective January 2023. Watch Now on FastenerTV (8:22).
The Mid-West Fastener Association’s Executive Director, Nancy Rich is set to retire at the end on 2023 a fter an unprecedented forty years of service. The acquisition closed January 31, 2023. Fastener Distributor Index (FDI) – January 2023 The St. She will be sorely missed! has been Acquired by Monroe Engineering.
Here’s what’s happening in fastener industry news and events the week of March 27, 2023. (9:25) Shannon Precision Fastener was recently awarded the 2022 Supplier of the Year and Overdrive Award selected by a global team of GM purchasing, engineering, quality, manufacturing, and logistics leaders. Founded in 1948 by the late Charles L.
The second quarter of 2023 proved to be an exceptionally active period for ransomware groups, posing significant threats to industrial organizations and infrastructure. Another notable incident was the ransomware attack on the pharmaceutical company Eisai that disrupted their logistics systems, leading to operational disruptions.
17 that they had reached a multi-year agreement for the purchase of sustainable aviation fuel (SAF) quantities, utilizing the Book and Claim system, covering all of Bombardier’s flight operations starting in January 2023. ORLANDO — Bombardier and Signature Aviation announced on Oct.
The team of three are mechanical and aerospace engineers who met at the University of Queensland and started the company in 2020 while they were still students. “We As part of that grant, we worked with a Canberra-based project partner, Skykraft, an Australian aerospace and satellite services company.
Additionally, VEROTEC is working towards obtaining the EN/AS 9100 accreditation (on top of ISO 9001), which will benefit the entire company group, particularly for products with specific requirements for the aerospace and defense markets. The post POLYRACK TECH-GROUP Welcomes Legacy Brand VEROTEC: appeared first on i4.0 Today Magazine.
Source: Spinoff Robotics Singapore is one of the top countries in the world in terms of robotics density, thanks in part to government promotion. After South Korea, Singapore has the world’s second-highest robot density, with 770 robots per 10,000 workers in 2023, according to the International Federation of Robotics ( IFR ).
Aerospace manufacturing is soaring high as the India’s defence exports were estimated at 13,000 crore rupees (INR130bn, £1.3bn) in fiscal 2021-2022. What is also impressive is that the private sector has contributed towards aerospace manufacturing, taking stride in the manned and unmanned aircraft categories. Matters of Space.
Pertinent examples of robotics, autonomy and AI in the manufacturing and logistics context are autonomous ground or aerial vehicles, intelligent assistive cobotics, and AI-assisted machine and process controls. ROS is a major open-source software initiative that emerged out of Stanford University in the USA during the mid-2000s.
For the first time, a new report released by the organisers of Aircraft Interiors Expo (AIX) – the world’s leading marketplace for airlines and the global supply chain to meet – has revealed the time and cost savings of using the event to source innovative solutions that will transform the passenger experience.
Visitors to Open Days toured CERATIZIT’s round tool production operations, which include a competence center in aerospace and energy, among other operations, in Balzheim, Germany. CERATIZIT aims to increase the proportion of tungsten sourced from secondary raw materials across its entire product portfolio to more than 95% by 2020.
31, 2023– Distribution Solutions Group, Inc. Hisco also offers vendor-managed inventory and RFID programs with specialized warehousing for chemical management, logistics services and cold storage. The transaction is expected to close in the second quarter of 2023, subject to regulatory and customary closing conditions.
As a technical speciality production engineer for TRQSS, my responsibilities include sourcing and maintaining specialized production equipment and initiating process improvements while meeting stringent quality targets. I stepped into the R&D leadership role between 2020 and 2023, beginning work on a newautomationconcept.
Quaker Houghton is a major supplier of aerospace-approved coolants in India and supplies an imported grade of polymer-quenching oil from Spain to one of its distinguished customers. The company’s entire Procurement, Customer Service and Supply Chain teams worked on war footing to source the required products for the customer.
At EMO 2023, HAIMER took an important step forward and has since been offering its successful hardware products for machine tools alongside a powerful digital range consisting of the WinTool software, an independent tool management system, and Toolbase, a smart tool dispensing system with software and hardware components.
Beyond textiles, LMW also manufactures CNC Machines, high-precision Foundry Castings, and components for the aerospace and defense sectors. Returning in 2015-16, I headed the Machine Tool, Foundry, and Aerospace divisions. Joining LMW’s Board in 2017 until 2023, I now lead the company’s strategy function.
Local and international players have their hands full catching up with the post-pandemic pent-up demand – a trend reflected in the mega-buzz around IMTEX 2023. India is among the world’s biggest metal-cutting machine tools markets, with sectors like automotive, general engineering, energy, and aerospace being the major demand drivers.
Visualization of a future aerospace manufacturing facility powered by swarm robotics. Source: H2 Clipper H2 Clipper Inc. is one step closer to its goal of using autonomous and semi-autonomous robotic swarms in aircraft and aerospace manufacturing. 11,851,214) granted in December 2023. Its latest patent, U.S.
Source: OSRF The Robot Operating System, or ROS, has matured along with robotics research, development, and commercial use. The Open Source Robotics Foundation made the first public release of ROS 2 more than a decade ago, and ROS 1 is reaching its end of life on May 31, 2025. Intrinsic acquired Open Source Robotics Corp.
We organize all of the trending information in your field so you don't have to. Join 45,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content