Redwire | December 10, 2021
Redwire Corporation, a global leader in mission critical space infrastructure for the next generation space economy, announced a three-year supplier agreement with Terran Orbital, a global leader and pioneer in the development, innovation and operation of small satellites and Earth observation solutions.
Through this agreement, Redwire will deliver a range of advanced components and solutions that will be used in Terran Orbital’s industry-leading line of satellite manufacturing and service offerings. Terran Orbital recently announced that it intends to go public through a merger with special purpose acquisition company Tailwind Two Acquisition Corp.
As a leading supplier of space infrastructure and components, Redwire is enabling more cost-effective, high-performance satellite solutions that will transform the future of connectivity, remote sensing and data services.This strategic partnership leverages our robust technology portfolio and highly innovative teams to enhance Terran Orbital’s satellite solutions while maintaining supply chain agility and meeting the mission requirements."
Peter Cannito, Chairman and CEO of Redwire.
Marc Bell, Co-Founder and CEO of Terran Orbital, said, “In support of Terran Orbital’s continued quest to offer customers best-in-class solutions, we look to build lasting partnerships with suppliers like Redwire that have significant space heritage and can support the quality and pace of our product offering that differentiate us from our competitors.”
Redwire’s range of advanced components and spacecraft solutions include lightweight high compaction rollable solar array systems developed at the company’s Goleta, California, facility; machine vision camera and advanced avionics systems, developed at the company’s Littleton, Colorado, facility, which are being used for NASA’s Orion spacecraft and Firefly Aerospace’s Blue Ghost lunar lander; power solutions, developed at the Longmont, Colorado, facility; and sun sensors and star trackers, developed at the company’s Marlborough, Massachusetts, facility, which have nearly five decades of flight heritage and most recently flown on NASA’s Mars 2020 mission and GPS III mission.
Additionally, Redwire’s world-class digital engineering capabilities offer customers state-of-the-art modeling and simulation, which enable configuration of multiple satellite constellations and other assets within a single simulation, thereby reducing development and operations costs.
Redwire Corporation is a global leader in mission critical space infrastructure for the next generation space economy, with valuable IP for solar power generation and in-space 3D printing and manufacturing. With decades of flight heritage combined with the agile and innovative culture of a commercial space platform, Redwire is uniquely positioned to assist its customers in solving the complex challenges of future space missions.
About Terran Orbital
Terran Orbital Corporation is a leading vertically integrated provider of end-to-end satellite solutions. Terran Orbital combines satellite design, production, launch planning, mission operations, and in-orbit support to meet the needs of the most demanding military, civil and commercial customers. In addition, Terran Orbital is developing the world’s largest, most advanced NextGen Earth Observation constellation to provide persistent, real-time Earth imagery.
Greenland Technologies | February 04, 2022
Cyngn, a developer of autonomous vehicle solutions for industrial fleets, and Greenland Technologies Holding Corporation, a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machinery and vehicles, announced a strategic partnership on February 3 in which Cyngn will integrate its self-driving vehicle capabilities into Greenland forklifts via its proprietary Enterprise Autonomy Suite (EAS).
With the integration of EAS, Greenland forklifts will be able to effortlessly transition between completely autonomous, manual, and remotely operated modes. In addition, organizations that use Cyngn's self-driving technology also have access to a wide range of analytics and software tools that can help them improve their operations.
"Currently, there are over 850,000 forklifts operating in the United States alone,"
-stated Lior Tal, Cyngn’s Chairman and CEO.
Greenland is known as a leader in the electric industrial vehicle and equipment space. This partnership is a great way to bring self-driving technology to a common type of vehicle.
"This partnership is another major development as we execute on our plans to bring the most innovative technology to our customers. Autonomous forklifts will not only make it easier for our customers to get work done and provide them with data that has never been available before, but the technology will also help them achieve their environmental sustainability goals by operating vehicles more efficiently."
-Raymond Wang, CEO of Greenland
Greenland's GEF Electric Lithium Forklifts are intended for various industries, including transportation, warehousing, and manufacturing. They plan to add self-driving features to Greenland's electric loader and electric excavator in the next few months.
*This news release contains forward-looking statements as defined by Sections 27A and 21E of the Securities Act and Exchange Act of 1934, as amended.
Frost & Sullivan | July 27, 2021
According to Frost & Sullivan's recent analysis on lights-out manufacturing, the rapidly falling cost of robotics and constantly rising labor expenses will drive manufacturers' shift to a lights-out setting. The production process is entirely automated in a lights-out environment, with minimal human involvement needed to operate day-to-day operations. By switching to a lights-out operations model, companies can maximize their human capital and save up to 20% on labor expenses while increasing productivity output by 30%. Furthermore, they can meet their sustainability and zero-carbon emission targets by conserving energy during production hours. Automotive, general manufacturing, electronics and electrical components, and logistics and warehousing are four key sectors anticipated to make rapid development toward a fully automated lights-out environment in the near future.
A lights-out manufacturing process can unleash many possibilities with a long-term vision, a digital-first approach, and a highly-skilled human workforce, including:
• Rise of micro-factories: This will be driven by moving toward decentralized structures and automated manufacturing processes, requiring a smaller workforce and less space, energy, and resources.
• Grid manufacturing: By adopting operational customization as a business strategy, companies will accomplish mass customization through cyber-physical systems and computational advancements driving intelligent automation.
• Manufacturing-to-zero-as-a-service: To provide industrial optimization with a zero-based value proposition, an integrated strategy that uses all core "zero" technologies is needed.
• Industrial Internet of Things (IIoT) platform: Building a collectively intelligent IIoT platform requires ensuring a seamless transfer of information among interconnected stakeholders.
Transformative Mega Trends Enabling Lights-Out Manufacturing is the most recent addition to Frost & Sullivan's TechVision research and analyses, which are available through the Frost & Sullivan Leadership Council and assist organizations in identifying a continuous flow of growth opportunities to succeed in an uncertain future.
About Frost & Sullivan
Frost & Sullivan has been world-renowned for its role in assisting investors, corporate leaders, and governments in navigating economic changes and identifying disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success for over six decades.