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of new funding from the UK Space Agency, following £249,000 provided for an initial study in 2022, and will aim to develop a lunar nuclear reaction by 2029. The project will receive £2.9m
.” To further this market validation, Fortune Business Insights indicated in a March 2022 report that the global industrial automation market is projected to increase from $205 billion in 2022 to $395 billion by 2029. Learn more. Learn more. Newterra, a portfolio company of Frontenac, acquired H2O Engineering Inc.,
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The year 2000 marked the beginning of significant advancements in automation and robotics within the CNC machine tool industry. A major trend has been the integration of CNC machines into automated production lines and robotic systems. Staying current with these advancements is costly and technically demanding.
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