iBASEt | September 24, 2021
iBASEt, the company that simplifies how complex products are built and maintained, today announced the completion of a think tank series with Frost & Sullivan. The discussion brought together industry experts to gain insights on successfully achieving a digital transformation across manufacturing operations.
The findings from the discussion were the basis for three published reports:
"Digital Persistence: The Path to Digital MRO"
"Achieving the Promise of an MES"
"Becoming a Digital Enterprise Starts with a Digital Thread"
"Digital Persistence: The Path to Digital MRO," brought together representatives from Lockheed Martin, FRC East, and Magellan Aerospace. The research identified that while digital adoption has been slow in the Maintenance, Repair, and Overhaul industry, enterprises now recognize the value of new digital tools and processes. The limits of paper-based operations became acutely understood during the pandemic, which placed big pressure to utilize remote working.
"Achieving the Promise of an MES" was based on a discussion with experts from Pratt & Whitney and Northrop Grumman. The report validated the business value of implementing an MES while pointing to what can be done to overcome the typical challenges with such a project.
"Becoming a Digital Enterprise Starts with a Digital Thread" combined executives from Lockheed Martin, Northrop Grumman, and Raytheon Technologies to explain their vision of becoming a model-based enterprise, which starts with a digital thread. A maturity curve became apparent reflecting each organization's progress on digitalizing their operations and the value of connecting and sharing data as part of an Industry 4.0 strategy.
We're delighted to have teamed up with Frost & Sullivan to share our vision for the future of manufacturing.The findings published in these reports should help both large enterprise and midsized manufacturers who build complex, highly engineered products in addressing the challenges of how to migrate over to completely digital operations. These challenges are increasingly becoming more manageable and can be accomplished today with fewer resources and budget.
Tom Hennessey, CMO, iBASEt.
iBASEt is committed to helping shape the future of the digital, model-based enterprise. This research project is one of several future forums and reports that will be shared – coupled with the company's model-based practice, to help mid-sized and large enterprise manufacturers further advance their digital journeys.
"MES is the layer that ultimately all of these IoT devices are going to be mostly interacting with," suggested Erwin Balmater, Solution Architect at Northrop Grumman, as shared in the research report, Achieving the Promise of a Manufacturing Execution System.
iBASEt is a software company that simplifies how complex products are built and maintained. Founded in Southern California in 1986, iBASEt solutions ensure digital continuity across manufacturing, quality, and maintenance, repair, and overhaul (MRO) operations on a global scale. The iSeries, powered by Solumina, is a cloud-native platform that establishes a digital ecosystem to drive innovation and improve operational performance. iBASEt customers include Lockheed Martin, Northrop Grumman, Rolls Royce, Pratt & Whitney, and Textron.
Nortech Systems | August 31, 2020
Nortech Systems Incorporated, a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, aerospace & defense and industrial markets, announced that it has completed the sale and leaseback transactions for its manufacturing facilities in Bemidji and Mankato, Minnesota at a sale price of $6.3 million. The proceeds from the sale will be used to pay down debt as well as related expenses and taxes.
Concurrent with the closing on the sale, Nortech entered into long-term lease agreements for the Bemidji and Mankato, Minnesota facilities for an initial 15-year term, with multiple renewal options. "We are pleased with the successful execution of this sale and leaseback transaction which generated significant net cash proceeds. Following the debt repayment, Nortech’s balance sheet and working capital is positioned for investments in capital equipment and strategic initiatives," stated Jay D. Miller, Chief Executive Officer and President.
Aeva | November 08, 2021
Aeva a leader in next-generation sensing and perception systems, today announced that it has selected Fabrinet a leading provider of advanced precision optical and electronic manufacturing services, to produce Aeva’s 4D LiDAR chip module. As the engine of Aeva’s unique frequency modulated continuous wave (FMCW) technology approach to LiDAR, the module integrates key components onto a single silicon photonics chip module including laser transmitters, optics, and receivers. The silicon photonics design brings together a compact and mass-manufacturable LiDAR solution for automotive and industrial applications.
Aeva selected Fabrinet for its deep expertise in silicon photonics integrated devices and advanced precision optical systems. With today’s announcement, Aeva is bringing online an advanced production line at Fabrinet and is establishing a local team in Thailand to support manufacturing activities. This new production line will produce Aeva's third generation 4D LiDAR chip modules and scale to support mass production volumes. The facility is automotive qualified with IATF 16949 certification.
“We are excited to have been chosen by Aeva to manufacture their unique FMCW LiDAR chip module for automated driving and beyond using silicon photonics technology,Our advanced manufacturing capabilities will enable Aeva to bring their vision to reality at mass production scale and we look forward to supporting Aeva as long-term partners as they ramp toward production.”
Seamus Grady, CEO at Fabrinet
“Fabrinet is a trusted manufacturer and automotive qualified supplier to some of the largest global OEMs and Tier 1 suppliers in automotive and non-automotive applications, and this agreement allows us to accelerate our production manufacturing capabilities well ahead of schedule,” said Tim Willis, Vice President of Global Supply Chain, Manufacturing and Strategy at Aeva. “We are thrilled to partner with them to deliver the world’s first 4D LiDAR chip module at mass scale for the global automotive industry and beyond as we aim to fulfill our mission to bring perception to all devices.”
About Aeva Technologies, Inc.
Founded in 2017 by former Apple engineers Soroush Salehian and Mina Rezk, and led by a multidisciplinary team of engineers and operators experienced in the field of sensing and perception, Aeva’s mission is to bring the next wave of perception technology to broad applications from automated driving to consumer electronics, consumer health, industrial robotics, and security.