MANUFACTURING TECHNOLOGY

Interlink Announces Acquisition of SPEC Sensors and KWJ Engineering

Interlink Electronics | December 20, 2022 | Read time : 02:00 min

Interlink Announces News
Interlink Electronics, Inc. (Nasdaq: LINK) announced today that it has acquired the businesses of SPEC Sensors and KWJ Engineering ("SPEC/KWJ"), two industry-leading designers and manufacturers of gas, air and environmental quality sensors, for approximately $2 million.

"We are excited to add SPEC and KWJ to Interlink's already-robust sensors portfolio and capabilities, We view this as the first of many acquisitions that will enable Interlink to create a world-class diversified portfolio of cutting-edge sensor technologies. This acquisition meaningfully advances Interlink's resources and product offerings, gives us a significant presence in Silicon Valley and adds engineering talent and intellectual property in gas and air quality sensing that is difficult to replicate."

-Steven N. Bronson, Chairman, President, and CEO of Interlink.

SPEC/KWJ bring with them a multi-decade portfolio of gas sensor intellectual property as well as an accomplished engineering and product development team. SPEC/KWJ's trailing twelve months revenue was over $4 million through November 2022.

"Our team is very excited to join the Interlink family, and we look forward to building on our history and leveraging Interlink's expertise and global reach to expand our markets and our product offerings."

-Ed Stetter, CEO of SPEC and KWJ.

About Interlink Electronics, Inc
Interlink Electronics is a world-leading trusted HMI, sensor, and IoT solutions provider. In addition to standard product offerings, Interlink utilizes its expertise in materials science, manufacturing, firmware, and software to produce in-house system solutions for custom applications. For 35 years, Interlink has led the printed electronics industry to commercialize its patented Force Sensing Resistor® technology. It has supplied some of the world's top electronics manufacturers with intuitive sensor and interface technologies like the VersaPad and the new VersaPad Plus, which boasts the largest active surface area of any resistive touchpad. It also has a proven track record of supplying technological solutions for mission-critical applications in a diverse range of markets—including medical, automotive, consumer electronics, telecommunications, and industrial control—providing standard and custom-designed sensors that give engineers the flexibility and functionality they seek in today's sophisticated electronic devices. Interlink serves an international customer base from its headquarters in Irvine, California, and its world-class materials science lab and R&D center in Camarillo, California. They are supported by strategic global locations covering manufacturing, distribution, and sales support.

Spotlight

In cooperation with Oak Ridge National Laboratory and Okuma America Corporation this hybrid manufactured flange part was created to demonstrate this cutting-edge technology. The precision and control of traditional subtractive CNC machining, with the freedom and flexibility of additive manufacturing. This means we can create complex, customized parts with unparalleled efficiency and precision.

Spotlight

In cooperation with Oak Ridge National Laboratory and Okuma America Corporation this hybrid manufactured flange part was created to demonstrate this cutting-edge technology. The precision and control of traditional subtractive CNC machining, with the freedom and flexibility of additive manufacturing. This means we can create complex, customized parts with unparalleled efficiency and precision.

Related News

PROCUREMENT & SUPPLY CHAIN

Tempo’s New System Update to Solve Electronics Manufacturing Supply Chain Issues

Tempo Automation | January 31, 2023

On January 30, 2023, Tempo Automation Holdings, Inc. has updated its Accelerated Electronics Manufacturing Platform with new management tools to provide real-time visibility and manage the inventory aspect across projects and prototype buildings, protecting clients against potential supply chain problems in the electronics sector. At the core of this new update lies Tempo’s very own inventory management system and will manage and update the status of every electronic component in real-time, from receiving, storage, manufacturing, and production. It is designed specifically for the requirements of quick-turn electronic manufacturing with a high, mix or low volume. CEO of Tempo, Joy Weiss, said, "Our customers rely on us to rapidly source materials from numerous vendors, then consolidate inventory into our warehouse to support their product development." She further added, "Given the impact that industry component shortages have had on our customers, we invested in upgrading our platform to provide real-time, traceable inventory management at the customer, project, and component level." (Source – Globe Newswire) It will protect clients against instability in the market of electronic components, warn about critical components beforehand. It will also help them assign the components to their prototype and demanded product builds to market quickly and avoid re-design expenses. It also offers solutions to domestic electronics manufacturing at crucial times. It provides rapid Printed Circuit Board Assembly (PCBA) prototyping, on-demand manufacturing, digital thread from design to delivery, and virtual tours in the factory. Its PCBA capabilities include HDI, rigid, fine-pitch BGA and QFN assembly and stacked micro-vias. Its class 2 and 3 productions have ISO9001:2015, AS9100D, and ISO13485:2016 certifications. About Tempo Automation Tempo Automation is one of the prominent software companies providing electronics manufacturing solutions and launching electronic products in the market. It's Accelerated Electronics Manufacturing Platform assists with PCBA manufacturing to offer fast and the best solution to low-volume manufacturers. Headquartered in San Francisco, California, the company’s digital automation, data intelligence and vast network enables its clients to cope with the competition. Tempo provides solutions to various industries from rockets, robots, autonomous cars, drones, technology, medial and space.

Read More

MANUFACTURING TECHNOLOGY

NuScale Places First RPV LLM Production Order with Doosan Enerbility

NuScale Power | March 10, 2023

On March 9, 2023, NuScale Power Corporation, a leading proprietary and innovative advanced nuclear small modular reactor (SMR) technology provider, announced that it has placed the first upper reactor pressure vessel (RPV) long lead material production order with Doosan Enerbility, a world-class manufacturing and engineering company. As scheduled, the order was made at the end of 2022 for the materials required to begin producing the first NuScale Power Modules, which are anticipated to commence commercial operation in 2029 at the Utah Associated Municipal Power Systems' Carbon Free Power Project. The companies will produce more modules with comparable delivery schedules for future NuScale VOYGRTM SMR power plant projects. NuScale and Doosan started an effort in April 2022 to complete manufacturing the forging dies for the upper RPV in preparation for the long lead order. The new LLM order is comprised of heavy forgings, steam generator tubes, and welding material for six upper RPVs. The anticipated overall weight of the components for six higher RPVs exceeds 2,000 tonnes. In addition to Doosan, NuScale is strengthening its supply chain preparedness by working with its extensive network of world-class suppliers and manufacturers in the United States and internationally. NuScale's President and Chief Executive Officer John Hopkins commented, “Finalizing and submitting this order to our valued partner, Doosan, showcases NuScale’s transition to the manufacturing phase of our modules and highlights our advanced position in the market to deploy our SMR technology to customers by the end of the decade.” He further emphasized, “Our strong relationships with experienced partners like Doosan demonstrate NuScale’s robust global supply chain and positions us to meet the growing interest for NuScale VOYGR power plants that we are seeing around the world.” (Source – Business Wire) About NuScale Power NuScale Power Corporation is a leading advanced nuclear small modular reactor (SMR) technology solutions provider. Its innovative SMR technology involves modular designs allowing easy installation and scalability, making them ideal for small and medium-sized power applications. The company's flagship product is the NuScale Power ModuleTM, which has a capacity of 60 MWe and can be combined to create larger power plants. In 2020, the company received approval from the U.S. Nuclear Regulatory Commission for its SMR design, making it the first and only SMR technology to receive such approval in the United States. With its cutting-edge technology and commitment to innovation, NuScale Power Corporation is well-positioned to play a leading role in the future of clean energy.

Read More

MANUFACTURING TECHNOLOGY

SYSPRO’s Latest Release Offers Advanced Capabilities to Manufacturers & Distributors

SYSPRO USA | March 06, 2023

SYSPRO, a worldwide supplier of ERP software specifically designed for manufacturers and distributors, recently unveiled new features in their latest ERP release. These features include enhanced functionality to support better internal and organizational controls, a more connected supply chain, improved business intelligence, and increased digital agility. The new release will assist manufacturers and distributors with, Enhanced performance and intelligence Enhanced data and insights are in demand among manufacturing executives, who seek a centralized Business Intelligence (BI) solution that makes intelligence a critical aspect of business operations. SYSPRO Embedded Analytics, incorporates data and intelligence capabilities directly into the ERP system. This enables greater visibility of operational activities throughout the organization, empowering SYSPRO users to generate, tailor, and implement dashboards and visualizations effortlessly anywhere in SYSPRO. As a result, users can obtain real-time, precise, and pertinent data from all business areas. Improved organizational controls SYSPRO's Dimension Analysis feature broadens the financial reporting capabilities of the product by providing a multi-dimensional, comprehensive perspective of an organization's financial data. Through Dimension Analysis, users can categorize financial transactions effectively, which provides the necessary business context for more in-depth analysis and informed decision-making. As a result, this solution enhances flexibility and governance, making it ideal for businesses that are expanding and extending their operations across geographical boundaries. Improved transparency throughout the supply chain In this release, the Sales Price Hierarchy solution, expands on the price lists and price groups capability. This feature provides greater flexibility in establishing the price structure, prioritization, and simplifying pricing before promotions, seasonal changes, or cost adjustments. These new capabilities help optimize the distribution and sales channel, and aftermarket support for sales. The enhancement promotes transparency throughout the supply chain, allowing businesses to gain more insights and make informed decisions. Paulo de Matos, Chief Product Officer at SYSPRO, said, "The recent economic volatility has tested the resiliency of manufacturers and distributors and their ability to meet the demand of customers or connect with global supply chains. There is a growing need for visibility and organizational efficiency, which requires businesses to shift away from manual systems and instead leverage meaningful data intelligence.” He further added, "The capabilities of the latest release of SYSPRO ERP Software enables our customers to improve overall control of their business's value chain.” (Source – CISION PR Newswire) About SYSPRO USA SYSPRO is a global ERP solutions provider for manufacturing and distribution industries. For over four decades, SYSPRO's specialists have been addressing unique industry requirements and facilitating customer adaptation and growth. With over 15,000 licensed companies in more than 60 countries on six continents, SYSPRO provides guidance and support at every stage as a trusted advisor.

Read More