Essentium, Inc., Hephzibah | July 13, 2020
Essentium, Inc., a leading innovator of industrial additive manufacturing (AM) solutions, today announced a distribution partnership with Hephzibah, prominent South Korean 3D printing specialist, to advance additive manufacturing in South Korea.
The combination of Hephzibah’s best-in-class service, customer support, and use-case specific expertise, together with the ground-breaking speed and economics of the Essentium High Speed Extrusion (HSETM) 3D Printing Platform will help resolve many of the historic barriers to widespread adoption of industrial-scale AM and to advance additive manufacturing in South Korean market. Manufacturing firms in South Korea recognize that adding 3D printing to their factory floors could save billions in production costs.
However, they face significant obstacles to using 3D printing for large-scale production, such as the strength of parts, speed and scale of production, and economics. The Essentium and Hephzibah partnership will deliver AM solutions, based on open ecosystems, that produce parts with the strength, speed, and scale customarily associated with injection-moulding and with vastly improved economics.
manufacturing | February 05, 2021
Luokung Technology Corp. (NASDAQ: LKCO) has led an interactive location-based services in China. It has announced eMapgo Technologies (Beijing) Co., Ltd. ("EMG") and Beijing New Energy Automobile Co., Ltd. (BAIC BluePark New Energy Technology Co., Ltd., Ticker: 600733.SH) ("BAIC BJEV") have decided to associate with the development of autonomous driving projects for BAIC BJEV's electric vehicles (EVs).
EMG already worked with BAIC BJEV and provided HD map services in autonomous valet parking ("AVP") for BAIC New Energy vehicles. The two companies will cooperate on L3 (conditional driving automation) to L4 (high driving automation) autonomous driving linked projects in-depth.
Darwin Lu, CEO of EMG, mentioned they are ultimately pleased to begin working with BAIC BJEV on projects. These projects leverage the HD Map capabilities with their manufacturing and brand awareness in China. This is all being done for the development of autonomous driving. This collaboration is framing a concrete future of the industry. It will encourage further actions in China's infrastructure in the future.
EMG is a leading intelligent service such as SAIC Volkswagen, HD map services for Proof of Concept ("POC"), and production cars of Ford, FAW Hongqi, Geely, and other automakers in AVP and autonomous driving in China. The company is one of the earliest map makers and participated in automated driving simulation testing services. It has also been the leading participant in formulating various HD map standards in China. Besides, EMG developed the intelligent location service platform autonomously that provides services to a two-dimensional and three-dimensional integrated map engine and a spatial-temporal big-data digital base in the Internet of Things, Internet of Vehicles, and vehicle-road collaboration.
About BAIC BJEV
Beijing New Energy Automobile Co., Ltd. is a Beijing Automotive Group Co., Ltd. It is devoted to the production of new energy vehicles. It is a foremost enterprise in the domestic new energy vehicle industry and the largest in China's pure electric passenger vehicle industry.
As announced by Luokung, it has engaged in a share purchase agreement to obtain 100% of EMG. The two parties are present in the process of closing the transaction.
About Luokung Technology Corp.
Luokung Technology Corp. is one of the top spatial-temporal big-data processing technology companies globally. It leads interactive location-based services company in China. It offers integrated SaaS, DaaS, and PaaS services for the Internet and Internet of Things of Spatial-Temporal big data. Therefore, based on geographic information systems and intelligent Spatial-Temporal big data, it establishes city-level and industry-level digital twin holographic data models to serve intelligent transportation, smart cities, and intelligent industry vigorously.
Business Risks and Future Opinion
The news release of the collaboration contains forward-looking statements in Section 21E of the Securities Exchange Act of 1934. It is amended and defined in the U.S. as the Private Securities Litigation Reform Act of 1995. These statements can be acknowledged by terminology such as "will", “future", "anticipates", “plans", "intends", "estimates", "going forward", and similar statements. These statements are based on management's prevailing expectations and current market and operating conditions. These also relate to events that involve all types of risks, uncertainties, and more factors. These are difficult to predict and are beyond the Company's control, which may cause the Company's real results, performance, or achievements.
Smart MFG Tech | April 12, 2021
Smart MFG Tech, LTD. has announced the upcoming release of NFT. SMARTMFG.IO is the first integrated tokenization and marketplace solution to create, preserving, offering, and distributing industrial design assets like non-fungible tokens (NFTs). It will allow users to build and list one-of-a-kind NFTs, engage in auctions, and commission custom-made industrial design and 3D models, as well as antique and novelty design for automotive, aerospace, space, drones, rockets, interior design, and other fields.
The use of NFTs has grown in popularity in recent months. Sales volume across major NFT marketplaces increased nearly 800% in February 2021, reaching more than $200M. However, broad-based mainstream adoption is yet to be applied for real utility outside of traditional and popular art.
NFTs for 3D Modelers, Industrial Designers, Mechanical Engineers, and Collectors
NFT.SMARTMFG.IO is based on SyncFab's pioneering enterprise NFT innovations which has been extended to include a much larger audience of non-enterprise customers who will benefit from this technology in their industrial design and collector activities. The solution would cater to 3D designers, industrial designers, mechanical engineers, architects, vintage automotive and novelty spacecraft collectors, as well as enthusiasts of innovation hardware collectibles, who choose to tokenize and sell their works as NFTs.
"This is not only a significant and valuable trend for marketplaces and creators; it also reflects tremendous customer demand – for collectibles, artwork, moments, and almost anything that can be tokenized on the blockchain," said Hikaru Yuki, Executive Director. "Smart MFG Tech looks forward to supporting the industry – creators, designers, collectors, 3D designers, engineers, storefronts, and customers – with our approach for enabling a user-friendly, mainstream NFT marketplace interface with the power of crypto connectivity and MFG."
Smart MFG Tech has announced upcoming features that will be available in the coming weeks, such as support for both enterprise and non-enterprise NFT creation and marketplace services, as well as accounts for NFT asset creators. Its marketplace accepts MFG and Ethereum-based crypto payments to encourage broader acceptance of NFT tokenization of Industrial Design for novelty and vintage design collectibles.
About Smart MFG Tech
Smart MFG Tech is a blockchain company that promotes emerging data mobilization technology, such as IIOT (Industrial Internet of Things), for use in the manufacturing industry. MFG Tokens® encourages collaboration and pace through supply chains and can be used to create custom rewards and compensate manufacturers for the effort and precision they put into competitive tender bids.