Desktop Metal, a prominent player in the 3D printing industry, is facing a critical juncture as it navigates substantial financial losses and prepares for a strategic merger with Nano Dimension. The company's third-quarter financial report for 2024 reveals a troubling financial landscape,
The recent surge in U.S. machine tool orders has captivated industry observers, as demand has been driven primarily by U.S. contract machine shops. According to the Association for Manufacturing Technology (AMT), new orders for CNC machines in September 2024 amounted to $450.6 million, representing
The manufacturing sector has undergone significant transformations with the advent of AI (Artificial Intelligence) and IoT (Internet of Things), two powerful technologies that are reshaping every facet of production. These innovations are not fleeting trends but foundational shifts that
Precision manufacturing is an essential component in industries that demand perfection, such as aerospace, medical, automotive, and electronics. Recognizing this demand, Mekalite, a renowned precision manufacturing service provider based in Shenzhen, China, recently launched its upgraded CNC
Control system migrations are complex undertakings that require meticulous planning and execution. For industrial settings, ensuring a seamless transition from outdated systems to modern ones entails mitigating numerous risks. Front-End Loading (FEL) emerges as a pivotal methodology in this
The manufacturing and packaging industries are undergoing a significant transformation driven by advanced technologies such as Artificial Intelligence (AI), the Internet of Things (IoT), and automation. These innovations, collectively referred to as AIoT, are not only reshaping industry practices
