Formic, a pioneering provider of Robots-as-a-Service (RaaS) automation solutions for U.S. manufacturers, has recently raised an impressive $27.4 million in Series A financing. The funding round, led by Blackhorn Ventures and supported by several notable investors, underscores a growing industry
Boeing is embarking on an ambitious endeavor by establishing a state-of-the-art engineering facility within the Cici & Hyatt Brown Center for Aerospace Technology at Embry-Riddle Aeronautical University, located in Daytona Beach, Florida. The new hub will focus intensely on engineering work
The electric motor industry is on the brink of a revolution, driven by a strategic partnership between ECM PCB Stator Tech and East West Manufacturing. This collaboration is set to transform electric motor production through advanced technology and manufacturing practices, with a consumer product
The importance of sustainability in the medical packaging sector has surged in recent years due to the significant environmental impact of healthcare plastics. As the demand for more eco-friendly solutions rises, packaging manufacturers are compelled to optimize their sustainability efforts by
Maryland has recently been awarded a $1 million grant by the U.S. Department of Energy’s Office of Manufacturing and Energy Supply Chains. This generous grant is part of a larger $50 million federal initiative designed to expedite the national adoption of smart manufacturing technologies across the
EMVision Medical Devices, an innovative Australian med-tech company based in Sydney and Brisbane, has made a significant leap forward by establishing its pilot commercial production line for the emu™ point-of-care brain scanner. This critical development is supported by a final $1.25 million n
The transformation of manufacturing processes through advanced technologies heralds a new era for industry, often referred to as Industry 4.0. Smart factories, a key component of this era, utilize cutting-edge technologies such as artificial intelligence (AI), machine learning, and the Internet of
In 2022, there was a staggering 2,000 percent increase in cybersecurity attacks targeting commonly used protocols, with threat actors increasingly focusing on disrupting operational technology (OT) operations. Critical infrastructure environments, which include power plants, grids, and distribution
The off-site construction industry, despite its numerous benefits, including reduced construction time and enhanced quality control, has been plagued by inefficiencies and a heavy reliance on manual processes. However, advancements in automation technology promise to revolutionize this sector,
The Georgia Department of Economic Development (GDEcD) and the Golden Isles Development Authority have announced a significant milestone for industry development in Brunswick, Georgia. The Innovation Isles Aerospace Park has earned the Georgia Ready for Accelerated Development (GRAD) certification
