Danfoss

Danfoss | August 12, 2020

COVID-19 has impacted sales and profits in the first half – Global focus on infrastructure and the green transition makes Danfoss technologies more relevant than ever. Danfoss sales amounted to EUR 2.9 billion in the first half, which is 10% lower than the same period last year. Operating profit (EBITA) reached EUR 309 million, 19% below the same period last year, with an EBITA-margin of 10.8% against 12.1% in the first half last year. The first half of 2020 was affected by the COVID-19 pa...

Danfoss | August 10, 2020

Danfoss has announced the launch of its highest-capacity oil-free compressor yet—bringing the benefits of Danfoss Turbocor® magnetic bearing technology to larger water-cooled chillers. With a nominal capacity rating of 450 tons/1 600 kW, the Danfoss Turbocor® VTX1600 is well placed to bring efficiency and long-lasting performance to larger applications like hospitals, data centers and university campuses. Multiple configurations, delivering capacities in excess of 3 600 tons / 12 6...

MANUFACTURING TECHNOLOGY

RISE™ROBOTICS | May 16, 2022

Danfoss Power Solutions and RISE™Robotics announce they’ve signed a collaboration agreement to jointly validate and test a key innovation that has the potential to transform the heavy machinery market through electrification. Danfoss Power Solutions, a leading global supplier of mobile and industrial hydraulics as well as electric powertrain systems, and RISE™Robotics, a leading zero-emission heavy machinery company, have formalized their collaborative relationsh...

ELEMENTUM 3D | January 13, 2020

Additive manufacturing research and development company Elementum 3D has received investment from Sumitomo Corporation of Americas through its Series A funding round. The undisclosed amount has been given to Elementum in order to support its endeavours in the development of advanced metal, composites and ceramic materials for 3D printing. It represents SCOA’s fourth investment in the additive manufacturing market, after backing aerospace supplier Sintavia, manufacturer AREVO, and service b...