MANUFACTURING TECHNOLOGY
Everspin | November 22, 2022
Everspin Technologies, Inc. (NASDAQ: MRAM), the world’s leading developer and manufacturer of Magnetoresistive Random Access Memory (MRAM) persistent memory solutions, announced today it is working with state and federal government sources to secure funding to add capacity and capabilities for MRAM trusted manufacturing.
Everspin is working to build a trusted manufacturing line in the state of Indiana which would add capacity for Everspin’s Commercial MRAM and increase its capability to act as a foundry for the manufacture of Toggle and STT-MRAM. Everspin plans to work with the local research community to enhance domestic research for MRAM technology development, creating a Technology Development Center at the proposed Indiana-based location. Everspin is in a unique position to leverage its significant MRAM patent portfolio; 15 year history of manufacturing MRAM domestically and 10 year history of manufacturing MRAM as a BEOL foundry service for commercial and DoD applications. Adding capacity and capability will ensure a secure supply chain for the next phase of growth and development.
“Everspin is the sole domestic commercial manufacturer of MRAM devices today. Expanding the capacity of MRAM manufacturing domestically is of strategic benefit for Everspin and its commercial and US Government partners. When funding is fully secured, Everspin will kick off the activities to move this exciting project forward.”
-Sanjeev Aggarwal, President & CEO, Everspin.
About Everspin Technologies:
Everspin Technologies, Inc. is the world’s leading provider of Magnetoresistive RAM (MRAM). Everspin MRAM delivers the industry’s most robust, highest performance non-volatile memory for Industrial IoT, Data Center, Automotive, and other mission-critical applications where data persistence is paramount. Headquartered in Chandler, Arizona, Everspin provides commercially available MRAM solutions to a large and diverse customer base.
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MANUFACTURING TECHNOLOGY
Contemporary Amperex Technology Co. Limited | November 23, 2022
Phoenix Motor Inc. (Nasdaq: PEV) (“Company” or “Phoenix”), a leader in manufacturing of all-electric, medium-duty vehicles, today announced the signing of a non-binding Memorandum of Understanding (“MOU”) with Contemporary Amperex Technology Co., Limited (SHE: 300750) (“CATL”), a global leader of new energy innovative technologies, for the co-development of batteries for Phoenix Motorcars’ product lines.
The MOU will support the long-term supply of battery solutions and related products for Phoenix’s commercial electric vehicles including Gen 4 vehicles, as well as the potential cooperation on Gen 5 and EdisonFuture (Gen 6) models in the future. The two companies also agreed to explore the opportunity to deploy E-rolling chassis technology in Phoenix vehicle models.
Developed for commercial vehicles by its subsidiary Suzhou Synland Technology Co., Limited, CATL’s E-rolling technology is a separate frame construction chassis solution that integrates coaxial e-beam, frame, electronic devices and the battery pack which in turn is integrated with the power domain controller. The innovative technology supports various vehicle types including pickups, light trucks, vans and RVs.
Phoenix Motorcars CEO Dr. Lance Zhou commented, “We are thrilled to be working with CATL, one of the world’s leading battery manufacturers and solution providers, as we develop and produce our Gen 4 medium-duty vehicles and explore further cooperation including Gen 5 ground-up chassis vehicles and EdisonFuture (Gen 6) line of light-duty vehicles over the next few years. This MOU will ensure stability and security of essential battery supply. We are also very keen on the E-rolling chassis technology from CATL which would enable simplified, highly integrated and light weighted design of e-chassis to achieve higher energy efficiency in commercial vehicles. Collaboration with partners such as CATL is central to our ‘asset light’ strategy and adds to our confidence that we will deliver our enhanced product lineup on time, within budget and with maximum quality.
“We are glad to cooperate with industry pioneers like Phoenix Motorcars, and we believe the successful cooperation with Phoenix will further promote the application of advanced technologies in commercial vehicles, This cooperation not only expands our global network of commercial application business, but also reflects our determination to promote comprehensive electrification with innovative battery solutions, thus contributing to the global efforts towards carbon neutrality.”
-Li Xiaoning, Executive President of Overseas Commercial Application, CATL.
About Phoenix Motor Inc:
Phoenix Motor Inc., a pioneer in the electric vehicle (“EV”) industry, designs, builds, and integrates electric drive systems and light and medium duty EVs and sells electric forklifts and electric vehicle chargers for the commercial and residential markets. Phoenix operates two primary brands, “Phoenix Motorcars,” which is focused on commercial products including medium duty EVs (shuttle buses, school buses, municipal transit vehicles and delivery trucks, among others), electric vehicle chargers and electric forklifts, and “EdisonFuture,” which intends to offer light-duty EVs. Phoenix endeavors to be a leading designer, developer and manufacturer of electric vehicles and electric vehicle technologies.
About Contemporary Amperex Technology Co. Limited:
Contemporary Amperex Technology Co., Limited (CATL) is a global leader of new energy innovative technologies, committed to providing premier solutions and services for new energy applications worldwide. In the year 2021, CATL’s EV battery consumption volume ranks No. 1 in the world for five consecutive years, and it ranks first in the market share of global energy storage battery production. CATL also enjoys wide recognition by global EV and energy storage partners. To achieve the goal of realizing fossil fuel replacement in stationary and mobile energy systems with highly efficient electrical power systems that are generated through advanced batteries and renewable energy and promote the integrated innovation of market applications with electrification and intelligentization, CATL maintains continuous innovation in four dimensions including material and electrochemistry system, structure system, green extreme manufacturing and business models.
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PROCUREMENT & SUPPLY CHAIN,OPERATIONS
Inspectorio | November 24, 2022
Inspectorio, the leading cloud-based AI-powered SaaS solution for supply chain organizations, today announced the release of new features to extend the capabilities of its Inspectorio Sight quality management platform. Inspectorio Sight now includes added support for fabric inspections and production-line quality checks throughout the manufacturing process. By adding digitized quality checks further upstream in the supply chain, manufacturers, suppliers, retailers, and brands can detect and correct production issues earlier, reducing waste and saving time and money.
Inspectorio offers several capabilities including digitized inspections across the supply chain to eliminate manual inspection tasks and provide real-time visibility into the production process to highlight high-risk areas. The new features allow Inspectorio Sight to provide quality control data at multiple points in production and give decision-makers using Inspectorio Sight an end-to-end perspective of production quality.
"As manufacturers and buyers look for new ways to automate their operations, production becomes more data-driven, We developed Inspectorio Sight to automate manual inspections and reveal quality issues using real-time data, ultimately bringing visibility to the quality processes which in the past were not visible at all. With the additional inspection features we're announcing today, we have moved automated inspections upstream. We are closing the loop on quality assurance and delivering data for better fabric quality control from raw material to finished goods. The addition of Inspectorio Fabric Inspections and Production Line Quality Checks moves Inspectorio and the industry towards a holistic quality management solution. Our new offerings enable end-to-end quality performance management from the fabric inspection to the finished goods. Manufacturers, retailers, and brands can now have a holistic understanding of quality performance across their suppliers and factory partners."
-Carlos Moncayo, CEO of Inspectorio.
Inspectorio has added improved quality oversight to two new areas of production:
Fabric inspections, including:
Configurable inspection workflows, purpose built for fabrics.
Centralized inspection scheduling and status tracking.
Executing inspections at the roll level.
Fabric inspection monitoring and reporting.
Analytics on fabric quality and supplier performance for decision-making.
Production line quality checks, including:
Monitoring quality during production to correct defects early and continually improve performance.
Configurable production line quality check standards, so inspectors know what to look for.
The ability to create item inspections from the factory floor using mobile devices.
Immediate uploading of reports to be shared with stakeholders.
Recording data on each shift, assembly line, and production date to identify assembly line performance.
Inspectorio Sight automates and standardizes quality inspections and simplifies data gathering and analysis. Real-time information improves communication between stakeholders, enabling preemptive corrections. Inspection reports are generated in seconds using real-time data. Inspectorio Sight also uses artificial intelligence (AI) and machine learning (ML) to analyze data sets and mitigate risk.
Inspectorio Sight customers report a range of operational benefits, including:
70% time savings on quality control activities.
85% increase in quality team productivity.
94% improvement in inspection pass rate.
About Inspectorio:
Inspectorio leads the transformation of the global production chain by building an interconnected, empowered, and sustainable production network. Inspectorio helps brands, retailers, manufacturers, and suppliers manage risk through digitized quality, compliance and production tracking modules, and is used by over 8,000 customers globally, including some of the world's largest brands and retailers. Inspectorio offers Inspectorio Sight for quality management, Inspectorio Rise for compliance management, and Inspectorio Tracking to facilitate improved production tracking. In November 2022, Inspectorio launched Inspectorio DocuFlow, a document management system built for supply chains. Headquartered in Minneapolis, Inspectorio has over 280 employees across the globe.
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