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Our business mission is to develop, manufacture and globally market metal cutting solutions that satisfy our customer requirements for quality, service and cost-efficiency. Our product portfolio consists of solutions for milling, turning, holemaking and holding systems.

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Manufacturing Technology

OUSTER AWARDED PRODUCTION WIN BY MOTIONAL TO BE THE EXCLUSIVE SUPPLIER OF LONG-RANGE LIDAR FOR ITS AUTONOMOUS VEHICLES

Businesswire | May 12, 2023

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Ouster, Inc., a leading provider of high-performance lidar sensors, announced today that Motional, a global leader in driverless technology, has selected Ouster as the exclusive provider of long-range lidar sensors for its all-electric IONIQ 5-based robotaxis. The serial production agreement will see Ouster supply Motional with Alpha Prime™ VLS-128 sensors through 2026. A culmination of ten years of lidar development and learning from millions of road miles, the Alpha Prim...

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Manufacturing Technology

FACTION AND ARCIMOTO ANNOUNCE COMMERCIAL TEAMING AND JOINT INVESTMENT AGREEMENT FOR CO-DEVELOPMENT OF DRIVERLESS VEHICLE PLATFORMS

Businesswire | May 11, 2023

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Today, Faction Technology, Inc., a self-driving technology provider for low-cost driverless fleets, and Arcimoto, Inc., the leading North American manufacturer of ultra-efficient and affordable electric vehicles, announced a strategic and joint investment agreement to scale driverless vehicle fleets. The combination of Faction's DriveLink® and TeleAssist® technologies allows Arcimoto platform vehicles to integrate driverless capabilities with the ability for remote h...

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Manufacturing Technology

SIGHT MACHINE IS CERTIFIED AS A MICROSOFT CLOUD FOR MANUFACTURING PARTNER

PR Newswire | July 19, 2023

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Sight Machine Inc. today announced that its Manufacturing Data Platform is now a certified solution for Microsoft Cloud for Manufacturing, further expanding its reach within the Microsoft Azure Marketplace. Sight Machine's multi-year participation in Microsoft's global partner ecosystem for manufacturing enables both organizations to help manufacturers around the world transform their businesses and unlock new levels of productivity and sustainability with leading cloud, data and A...

Read More

Manufacturing Technology

ELECTRA AND LG ENERGY SOLUTION SIGN THREE-YEAR COBALT SUPPLY AGREEMENT

LG Energy Solution | September 23, 2022

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Electra Battery Materials Corporation (NASDAQ: ELBM) (TSXV: ELBM) ("Electra") today announced the signing of a three-year agreement to supply battery grade cobalt to LG Energy Solution (LGES; KRX: 373220), a leading global manufacturer of lithium-ion batteries for electric vehicles. Electra has agreed to supply LGES with 7,000 tonnes of battery grade cobalt from 2023 to 2025. The material will be supplied from the only cobalt sulfate refinery in North America, located north of Toronto,...

Read More
news image

Manufacturing Technology

OUSTER AWARDED PRODUCTION WIN BY MOTIONAL TO BE THE EXCLUSIVE SUPPLIER OF LONG-RANGE LIDAR FOR ITS AUTONOMOUS VEHICLES

Businesswire | May 12, 2023

Ouster, Inc., a leading provider of high-performance lidar sensors, announced today that Motional, a global leader in driverless technology, has selected Ouster as the exclusive provider of long-range lidar sensors for its all-electric IONIQ 5-based robotaxis. The serial production agreement will see Ouster supply Motional with Alpha Prime™ VLS-128 sensors through 2026. A culmination of ten years of lidar development and learning from millions of road miles, the Alpha Prim...

Read More
news image

Manufacturing Technology

FACTION AND ARCIMOTO ANNOUNCE COMMERCIAL TEAMING AND JOINT INVESTMENT AGREEMENT FOR CO-DEVELOPMENT OF DRIVERLESS VEHICLE PLATFORMS

Businesswire | May 11, 2023

Today, Faction Technology, Inc., a self-driving technology provider for low-cost driverless fleets, and Arcimoto, Inc., the leading North American manufacturer of ultra-efficient and affordable electric vehicles, announced a strategic and joint investment agreement to scale driverless vehicle fleets. The combination of Faction's DriveLink® and TeleAssist® technologies allows Arcimoto platform vehicles to integrate driverless capabilities with the ability for remote h...

Read More
news image

Manufacturing Technology

SIGHT MACHINE IS CERTIFIED AS A MICROSOFT CLOUD FOR MANUFACTURING PARTNER

PR Newswire | July 19, 2023

Sight Machine Inc. today announced that its Manufacturing Data Platform is now a certified solution for Microsoft Cloud for Manufacturing, further expanding its reach within the Microsoft Azure Marketplace. Sight Machine's multi-year participation in Microsoft's global partner ecosystem for manufacturing enables both organizations to help manufacturers around the world transform their businesses and unlock new levels of productivity and sustainability with leading cloud, data and A...

Read More
news image

Manufacturing Technology

ELECTRA AND LG ENERGY SOLUTION SIGN THREE-YEAR COBALT SUPPLY AGREEMENT

LG Energy Solution | September 23, 2022

Electra Battery Materials Corporation (NASDAQ: ELBM) (TSXV: ELBM) ("Electra") today announced the signing of a three-year agreement to supply battery grade cobalt to LG Energy Solution (LGES; KRX: 373220), a leading global manufacturer of lithium-ion batteries for electric vehicles. Electra has agreed to supply LGES with 7,000 tonnes of battery grade cobalt from 2023 to 2025. The material will be supplied from the only cobalt sulfate refinery in North America, located north of Toronto,...

Read More