Prweb | May 29, 2023
ARCH Global Holdings LLC Company announced the acquisition of VR Wesson, a manufacturer of standard and special inserts, tool holders, and milling cutters located in Cape Coral, Florida. The company will join ARCH Cutting Tools, a division of ARCH and industry-leading, American manufacturer of solid round and indexable metal removal tooling.
ARCH Cutting Tools is headquartered in Bloomfield Hills, Michigan, and serves the medical, aerospace, defense, automotive, energy, agriculture, and general industrial markets. ARCH Cutting Tools has facilities across the Eastern United States and is dedicated to engineering high-performance standard and custom tools that increase efficiencies for end-users. VR Wesson will be consolidated into ARCH Cutting Tools – Orchard Park and will expand the company’s existing insert offering via ARCH Specials, as well as our North American Carbide and Ultra-Dex legacy brands.
“ARCH Cutting Tools is proud to announce the acquisition of VR Wesson, whose advanced manufacturing technologies and key accounts will be consolidated into our Orchard Park, New York facility,” said Robert Gralke, President of ARCH Cutting Tools – Orchard Park. “We are particularly excited to bring laser PCD finishing capabilities under our roof, which will increase our team’s efficiencies and expand our product offering to key industries, including automotive and medical.”
About ARCH Cutting Tools
ARCH® Cutting Tools Corp., an ARCH Global Holdings LLC Company (ARCH) based in metro Detroit, is an industry-leading, American manufacturer of solid round and indexable metal removal tooling. As a mid-sized, full-service company, ARCH Cutting Tools leverages the collective capabilities of its facilities to engineer a wide array of high-performance standard and custom tooling. ARCH Cutting Tools combines the expertise of leading American manufacturing professionals and expanding technologies to serve the medical, aerospace, defense, automotive, energy, agriculture, and general industrial markets.
Businesswire | May 31, 2023
NUBURU, Inc., a leading innovator in high-power and high-brightness industrial blue laser technology, today announced that multiple units were delivered to Essentium, a worldwide leader in industrial additive manufacturing (AM). In May 2022, Essentium and NUBURU jointly announced a multi-year, multi-million-dollar agreement to develop and manufacture a blue laser-based metal AM platform. The deliveries announced today signify the initial execution of this agreement. Essentium expects strong growth across new applications and markets as a result of this technology integration.
NUBURU has begun delivering and Essentium has begun integrating NUBURU’s proprietary blue laser technology with its High Speed Extrusion (HSETM) 3D Printing technology. The new AM platform is designed to deliver breakthrough throughput for extremely high part quality and broad-scale use in major industrial markets, including automotive, aerospace, and defense.
Dr. Mark Zediker, CEO and Co-Founder of NUBURU, said, “We are excited to have delivered our first units to Essentium, and we look forward to delivering additional units over the course of 2023 and the coming years.”
Essentium launched EPOD (Essentium Parts on Demand), an in-house production service using its HSETM 3D printing technology in March 2023. The service offers fast and cost-effective production of parts at scale and access to Essentium's open AM ecosystem of solutions. NUBURU is excited to support Essentium's growth through partnerships with existing additive manufacturing service providers and manufacturing marketplaces.
“NUBURU's unparalleled expertise and leadership in blue laser technology have been instrumental in advancing our cutting-edge 3D printing platform. The arrival of the latest units this year and our partnership with NUBURU will help us continue to drive innovation in the AM industry,” said Elisa Teipel, Ph.D., Chief Technology Officer and co-founder of Essentium.
Essentium is also leveraging access to NUBURU’s intellectual property related blue laser technology, including patents granted in the United States, Japan, China, and South Korea.
Founded in 2015, NUBURU, INC. (NYSE American: BURU) is a developer and manufacturer of industrial blue lasers that leverage fundamental physics and their high-brightness, high-power design to produce faster, higher quality welds and parts than current lasers can provide in laser welding and additive manufacturing of copper, gold, aluminum and other industrially important metals. NUBURU’s industrial blue lasers produce minimal to defect-free welds that are up to eight times faster than the traditional approaches — all with the flexibility inherent to laser processing. For more information, please visit www.nuburu.net.
Newswire | May 29, 2023
The partnership will enable the companies to expand their services into the rapidly growing industry 4.0. By combining Arendai's cutting-edge solution, Harmony, with mobile robotics from AiQ robotics, the partnership will develop advanced and intelligent solutions for a diverse range of use cases, giving a significant competitive advantage in the market.
"We are excited to announce our new partnership with leading robotics company, AiQ robotics," said Walter Buga, CEO of Arendai. "We believe that the combination of simulation, AI and robotics has the potential to revolutionize operations for many verticals, and we are thrilled to be at the forefront of this innovation."
In the field of robotics solutions and automation, nearly every application is characterized by individual and unique conditions. A strength of the new partnership is the ability to provide a joint customizable, flexible, and interoperable solution to any use-case. The partnership between Arendai and AiQ robotics is expected to have a significant impact on logistics and smart manufacturing.
"I am convinced that AiQ robotics' products and extensive experience, completed by Arendai's Harmony software integration capabilities, gives a great and innovative boost to the autonomous intralogistics market," said Przemysław Degórski, Founder of AiQ robotics. "Customers will be able to take advantage of a complete robotic integration solution. Our target is to deliver an easily deployed system for production and warehousing good transportation."
The companies aim to leverage their expertise in artificial intelligence in the optimization of intralogistics processes and in collaboration with human intelligence.
Arendai and AiQ robotics will have a joint exhibit at the MODERNLOG fair in Poznan, Poland, from May 30-June 2. The partners will demonstrate the integration of Arendai's software orchestration solution and a mobile robot from AiQ robotics with game-changing navigation capabilities, including the use of QR codes and SLAM.
Arendai Inc. is a pioneer in the delivery of innovative software management solutions for the orchestration of logistics centers and the intralogistics operations of smart factories. By applying simulation, digital twin, and AI, Arendai delivers optimal orchestration of heterogeneous AMRs and robotics solutions. Arendai has excellent, engaged ecosystem partners with a focus on solving real customer problems and producing an attractive ROI.
About AiQ robotics
AiQ robotics company was founded on the basis of extensive experience gained in the robotics and automation market in the field of measurements, electric motors, motor accessories, controllers, control, complete solutions and commissioning. Customers can take advantage of ready-made products, as well as robotics and automation components enabling the construction of highly sophisticated and innovative projects.