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.
Mastercam University Welcomes In-House Solutions Training September 8, 2020 New collaboration to provide increased exposure of resources
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.
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.
Lapping the Competition September 4, 2020 The Don Schumacher Racing team tests the limits of machining to stay competitive.
A Playbook for Manufacturers Fighting COVID-19 August 26, 2020 When an unanticipated global crisis like the COVID-19 pandemic disrupts national economies in a domino-like effect, a rapid response is required to mitigate supply chain disruptions.
Intuitive Workflows Speed Product Development August 21, 2020 Manufacturing Engineering: What are some of the latest trends in simulation software for manufacturing? Uwe Schramm, CTO, solvers, optimization and multi-physics, Altair Engineering Inc., Troy, Mich.: I see three trends here. First, manufacturing sim
Making Parts for Next-Gen Vehicles August 18, 2020 Tesla and the march to all-electric cars and trucks may get most of the press. But the reality is that most U.S. automakers need to tackle the twin challenges of building both new components unique to electric vehicles while also building internal combustion engines (ICEs) that are ever-more fuel efficient.
Auto Industry Gets Back Into Gear Following COVID-19 Shutdown August 17, 2020 The North American auto industry slammed on the brakes in March because of the novel coronavirus (COVID-19). The sector already had been forecast to slow down in 2020, with lower light-vehicle demand. That turned into a sudden stop as the coronavirus spread.
NCDMM Announces Organizational Restructuring August 14, 2020 The National Center for Defense Manufacturing and Machining (NCDMM) announced on August 13 the restructuring of its organizational operations to include a new holding company and a subsidiary/sister company to support its long-term growth strategy within the global advanced manufacturing industry.
