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Rosotics | November 23, 2022
Rosotics, innovators in additive manufacturing, today announced $750,000 in pre-seed funding led by Draper Associates. The company's hyper-efficient, proprietary 3D printing process, Rapid Induction Printing™, requires significantly less energy and fewer material resources than current methods to produce a high-quality product, while also allowing for much larger prints than have ever been possible before. This round of funding also featured participation from Correlation Ventures, Vib...
MTC Robotics Engineers | March 08, 2021
Automation experts at The Manufacturing Technology Centre (MTC) were in the news for making the latest through. They made robotics that can handle objects without CAD data or designed grasps to enable faster deployment of robotic solutions. Mark Robson, Senior Research Engineer, Robotics, MTC, on the latest breakthrough, mentioned that the project demonstrates MTC’s determination to adopt academic developments with the potential to transform robotics in manufacturing. The te...
Eckhart | August 24, 2022
Arsenal Capital Partners ("Arsenal"), a private equity firm that specializes in investments in industrial growth and healthcare companies, today announced that it has completed an investment in Innovative Products & Equipment, Inc. ("Innovative"), which it will combine with Eckhart, Inc. ("Eckhart") to build a leading automation solutions provider serving highly complex applications in high-growth end markets. The terms of the Innovative acquisition were n...
Purdue University | September 01, 2020
A manufacturing program at Purdue University this week announced nearly $18 million in federal funding to expand its work with Indiana businesses. The Purdue Manufacturing Extension Partnership Center received base funding through mid-2025, as well as advanced manufacturing technology and coronavirus relief legislation funding, through the National Institute of Standards and Technology’s Hollings Manufacturing Extension Partnership. The three awards, combined with additional...
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