Google Ventures, BMW, Lowe's Invest in Desktop Metal
Desktop Metal, an emerging startup with the mission to bring metal 3D printing to all design and manufacturing teams, announced today it has raised a total of $97 million in equity funding since its founding in October 2015. The announcement comes as the result of the latest Series C investment of $45 million, led by GV (formerly Google Ventures), as well as BMW i Ventures and Lowe's Ventures. Desktop Metal will use the funding to continue to develop its technology and scale production as the company prepares for its product launch later this year.
Driven by invention, Desktop Metal is committed to accelerating the adoption of metal 3D printing in design and manufacturing through the creation of innovative technology that produces complex parts. Previous investors include NEA, Kleiner Perkins Caufield & Byers, Lux Capital, GE Ventures, Saudi Aramco, and 3D printing leader Stratasys. Full Press Release.
Google Ventures, BMW, Lowe's Invest in Desktop Metal
Series C Funding Brings the Metal 3D Printing Companys Total Investment to $97 Million
UCI named as partner in new clean manufacturing institute $140 million consortium aims to improve competitiveness of US industry
The Department of Energy is providing up to $70 million to fund the REMADE Institute through its Manufacturing USA initiative, with a matching sum contributed by a consortium of 85 private-industry partners. The goal of the program is to forge new clean energy efforts deemed critical in keeping the nations manufacturing on the cutting edge.
CoaXPress Helps Manufacturers Overcome Challenges of Integrating Machine Vision into the Industrial Internet of Things
At its core, the IIoT is about the interconnection of intelligent devices that collect, scour and share data to find trends, patterns and anomalies to help businesses make better decisions.
ATX 2017 - 3D Printing With Nylon Just Became 200X Better
Airwolf 3D introduces Wolfbite NITRO, a 3D printing nylon adhesive engineered to improve bed adhesion and reduce warpage.
ATX 2017 - The AXIOM 3D Printer Has Been Named A Design News Golden Mousetrap Awards Finalist
AXIOM 3D Printer is a finalist in the 2016 Golden Mousetrap Awards. This product, by Airwolf 3D, was selected as a finalist in the category of Materials & Assembly, 3D-Printing & Rapid Prototyping, Materials, Tools & Services.
Number of Smart Factories in South Korea to be Almost Doubled
Cho Jin-young for Business Korea: The Ministry of Trade, Industry & Energy announced on February 2 that the South Korean government invests 90.5 billion won and the private sector invests 20.3 billion won this year so that smart factories can be built for at least 2,200 small and medium-sized enterprises (SMEs) and the number of such factories in South Korea can be increased to 5,000 before the end of this year.
The ministry is planning to diversify the types of smart factories, too. For example, the new smart factories are slated to include 500 clean energy-based ones for a higher level of energy efficiency and 50 cloud-type smart factories that are capable of connecting regions and various sectors of the manufacturing industry. Cont'd...
Introducing Construct3D 2017: The First National Academic 3D Printing Conference
Agenda Explores the Expanding Role of 3D Printing as a Digital Fabrication Tool for College Faculty, K-12 Educators, and Informal Education Leaders
ATX 2017 - Content is King at UBM's Advanced Manufacturing Event in Anaheim, CA
Live Demonstrations, Cutting Edge Learning, Top Networking, Interactive Discussion Panels and a Hollywood-Inspired Keynote Highlight February's Show
The Industrial Internet Consortium Publishes Third Edition of the Journal of Innovation
A publication written by IIC members, the third edition of the Journal of Innovation is dedicated to the "Smart Factory," and includes articles on designing, retrofitting, and applying IIoT technologies within the manufacturing industry.
ATX 2017 - JB Plastics to Attend Plastec West at Anaheim Convention Center
JB Plastics, an industry leader in comprehensive injection molding services will showcase it products and services at this years Plastec West, Feb 7-9 at the Anaheim Convention Center in Anaheim, CA.
PI's SiP Alignment Engine is a 2017 PIC Awards Finalist - Polls are Open until Feb. 21st
PIs automated high-speed alignment engine was selected as a PIC Awards finalist in the Advances in Manufacturing category. Winners will be announced at the PIC conference 07 - 08 Mar 2017, Brussels, Belgium.
Impressive New Products Recognized with Prestigious Prism Awards for Photonics Innovation
Nine outstanding new products from companies in six countries were named as winners in the 2017 Prism Awards for Photonics Innovation at a gala banquet on 1 February in San Francisco. The competition recognizes new products and inventions that break with conventional ideas, solve problems, and improve life through the generation and application of light-based technologies, optics and photonics and is sponsored by SPIE and Photonics Media.
Five steps to enabling a data-driven, smart factory
Alun Williams for ElectronicsWeekly: he top strategic objectives in the manufacturing industry have remained consistent for years, with many centered on serving customers.
Industrial companies want to deliver customers high quality products, on time, at a globally competitive cost. They also want to be able to flex production capabilities up and down as needed to quickly introduce new products to the marketplace.
Pairing physical assets with intelligent gateways to gather, analyze and communicate data is driving enormous new efficiencies in manufacturing and business operations.
New operational efficiencies enabled by IoT are generating significant returns in manufacturing. Cont'd...
MagneMotion to Exhibit Intelligent Motion Systems at ATX West
Independent moving cart technology can increase productivity and reduce changeover times compared to belt-and-chain motion systems
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Supply Chain - Featured Product
Super Air Knife Replaces Blowers & Saves Energy
Super Air Knife reduces compressed air usage & noise when compared to other blowoffs. The Super Air Knife offers a more efficient way to clean, dry or cool parts, webs or conveyors. It delivers a uniform sheet of laminar airflow across entire length.
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Manufacturing and Automation - Featured Company
EMERSON
Emerson's industry-leading portfolio enables us to identify and confront the challenges of an increasingly complex and unpredictable marketplace from a position of strength, driving near- and long-term value as a trusted partner for our customers.
