Chinese Logistics Robotics Provider Geek+ Secures $200M In Series C Round

Geek+ | June 18, 2020

Chinese logistics robotics provider Geek+ announces today it closed its Series C funding round at over USD $200 million in early 2020. Following the completion of a US$150 million series C1 funding round led by GGV Capital, D1 Capital Partners along with Warburg Pincus in June 2019, Geek+ finalized a series C2 round led by V Fund with the participation of Redview Capital and Vertex Ventures earlier this year. Founded in 2015, Geek+ operates as a logistics robots firm that integrates artificial intelligence and advanced robotics technologies to create efficient, flexible, and reliable logistics robot solutions that help businesses improve efficiency and realize intelligent and flexible transformation of their supply chain.

Spotlight

Automakers depend on a lot to get consumers to buy their wares: quality, performance, design, technology. But the single most important factor in keeping an automaker profitable in the long term is likely manufacturing. Investing in a new model—and the plants and components that of into making them a reality—can easily run into the billions of dollars.

Spotlight

Automakers depend on a lot to get consumers to buy their wares: quality, performance, design, technology. But the single most important factor in keeping an automaker profitable in the long term is likely manufacturing. Investing in a new model—and the plants and components that of into making them a reality—can easily run into the billions of dollars.

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MANUFACTURING TECHNOLOGY

AON3D's Duplication Mode Doubles the Output of a High Temperature 3D Printer

AON3D | March 15, 2022

Montreal-based AON3D announced an optional firmware upgrade for its AON M2+ High-temperature Industrial 3D Printer to enable Duplication Mode and Mirror Mode 3D printing. This innovative new feature doubles the production of new and existing M2+ machines, allowing factory floors to keep up with expanding demand. With unrestricted access to the world's most advanced thermoplastics, the most significant build volume in its class, and features that minimize post-processing, the AON M2+ continues to be the agile manufacturing solution of choice for businesses worldwide, capable of producing functional end-use parts at scale in half the time of any other high-temperature 3D printer. Through an Independent Dual Extrusion (IDEX) mechanism, the AON M2+ will be able to print two identical parts or two mirrored parts concurrently, doubling the machine's output. In addition, the IDEX system allows for more design freedom because it can print big interior geometries and non-linear holes with water-soluble support options while cutting down on the amount of work needed afterward. The AON M2+ can also print high-performance materials like PEEK, PEKK, and ULTEMTM, which are some of the strongest and best materials available for 3D printing right now. It has a superior strength-to-weight ratio compared to many metals High heat resistance: temperatures up to 260 °C can be used continuously Resistance to chemicals and hydrocarbons Low friction and high wear resistance Additionally, there are other advantages. The AON M2Duplication +'s Mode upgrade provides twice the size, twice the output, and more material possibilities than any other sub-$60,000 high-temperature 3D printer on the market. By the fall of this year, duplication and mirror mode is planned to be available via a firmware upgrade. Existing AON M2+ customers on a success plan will automatically receive the upgrade. Visit AON3D.com to learn more about the AON M2+, easy financing options, and high-performance material options for your project.

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IoT automation and analytics software company Waylay announced digital twins of equipment for time efficient retro-fitting of legacy assets.

businesswire | November 30, 2020

IoT mechanization and examination programming organization Waylay today declared its industry initial zero-code provisioning entry dependent on advanced twins of hardware for time proficient retro-fitting of inheritance resources. In an ideal world, all hardware would be associated. Truly, a great many heritage machines are bolted out of Industry 4.0 arrangements due to the restrictive expense of retro-fitting. Thus embellishing hardware with associated sensors is needed to release the maximum capacity of gathered IoT information, to upgrade execution with preventive and predictive upkeep and to make new result based help models. Waylay gives the business initial zero-code provisioning entry to address this worldwide issue, with advanced twin creation with no human mediation. At the point when retro-fitting gear, field specialists ought to introduce the sensors, pair them, add machine-explicit settings and register client explicit necessities, for example, edge settings, warnings, contact information, caution streams, and so on The regularly under-featured issues of retro-fitting are nearby complexities that support groups find during establishment - zero touch actuation is as yet a dream. A conventional spreadsheet-based establishment approach frequently experiences fragmented provisioning information and manual altering blunders and needs top to bottom preparing for the field team, hindering turn out plans. Zero-code provisioning entrance consequently starts Digital Twins The Waylay zero-code provisioning entrance ensures a brisk, adaptable and complete establishment measure. Its creation depends on asset design settings that auto-populate the necessary info handle, no writing computer programs is required. It definitely rearranges the provisioning cycle while authorizing that all obligatory data is given before the establishment cycle can be finished. Explicit settings, for example, data that partners sensors to actual hardware can be entered from any end client gadget, PDA or tablet. The advanced twin - what could be compared to gear with its sensor information and examination - will be introduced consequently and will line up with the pre-arranged mechanization rules in the Waylay robotization stage for observing and streamlining the recently associated resource. “Waylay takes the organizational nightmare out of the time consuming retro-fitting process to connect legacy equipment,” said Piet Vandaele, CEO of Waylay. “Our zero-code provisioning portal transforms installation processes. Pairing and completion of settings becomes a time efficient exercise and assets can finally get access to Industry 4.0 incentives.” ABOUT WAYLAY Waylay is a leading IoT automation and analytics software company that builds automation software for the Internet of Things. Waylay's data orchestration platform is used by enterprises to develop automation applications using IoT, IT and cloud data in the most flexible way.

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MANUFACTURING TECHNOLOGY

Stratasys Direct Manufacturing and Xcentric Mold & Engineering Announce a Strategic Relationship

Xcentric | May 02, 2022

Stratasys Direct Manufacturing, a pioneer in 3D printing and advanced manufacturing services, has announced a strategic relationship with Xcentric. The partnership will enable Xcentric to expand its additive manufacturing capabilities by outsourcing 3D printing projects to Stratasys Direct. In addition, this will allow Xcentric customers to place orders online and access Stratasys Direct's fleet of more than 200 industrial-grade printers located in eight locations across North America. Stratasys Direct, with over 30 years of experience in 3D printing, design, and engineering, offers a comprehensive suite of additive manufacturing services, including FDM®, PolyJetTM, stereolithography, laser sintering, SAFTM, MJF, and DMLM, as well as a complete suite of secondary processing and assembly. Customers of Xcentric will be able to leverage these services while placing orders with Xcentric. "We continually strive to meet the evolving needs of our customers. One of those needs is the expansion of our 3D printing capabilities and providing an automated quoting and order platform for those services. Partnering with Stratasys Direct was a strategic and obvious choice given their deep expertise and experience in additive manufacturing services. Our core values are aligned, and we are excited about growing this strategic relationship," Matt McIntosh, CEO of Xcentric Mold & Engineering "Additive manufacturing is becoming an increasingly mission-critical part of any manufacturer's operations, and Stratasys Direct has built its capabilities and expertise to meet that growing demand at a world-class level of quality and consistency," said Josh Metzger, Director of Business Operations at Stratasys Direct. "Our additive manufacturing services will complement Xcentric's core services, which will benefit Xcentric's customers by providing a broader range of manufacturing services at their fingertips." For those interested in learning more about Xcentric's enhanced 3D capabilities, on May 5 at 1 p.m. EST, they will offer a joint webinar with Stratasys Direct to explore When to Use Additive Manufacturing vs Injection Molding (register here). If you require assistance with a 3D project, submit a quote request here. Click here to learn more about Xcentric's additive manufacturing services. With over 25 years of experience, Xcentric has always put the needs of designers and engineers first when it comes to rapid prototyping, injection molding, CNC machining, and 3D printing. Xcentric is designed to be agile, employs a team of professionals, and approaches all they do from an engineer-centric perspective. Xcentric is trusted by tens of thousands of product developers and engineers throughout North America to bring their innovations to life. Stratasys Direct Manufacturing, a part of Stratasys Ltd. is the market leader in 3D printing and advanced manufacturing services across a broad variety of additive and traditional technologies. Stratasys Direct assures the success of customers' projects at every level of product development, from prototypes to production runs, by using nearly 30 years of 3D printing, design, and engineering knowledge. Stratasys Direct provides methodologies, materials, and processes that improve and increase additive and conventional manufacturing capabilities for businesses of all sizes, from start-ups to established global brands.

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