Lockheed Martin Ventures has invested $21.8 million in Machina Labs, a manufacturing company that uses AI and robotics to produce sheet metal products. Bethesda, Md.-based Lockheed Martin, which develops defense technologies, said it invested in Machina Labs through its venture division to bring “their advanced and agile manufacturing platform to our customers.” “We aim to operationalize and scale solutions with speed and effectiveness so the U.S. and our allies can stay ahead of emerging threats,” said Chris Moran, vice president…
…also received funding from strategic investors including Lockheed Martin Ventures and Prosperity7, as well as angel investors including early Uber executives. The Chaparral autonomous VTOL cargo aircraft initially uses a hybrid-electric powertrain. Source: Elroy Air LCI commits to Elroy Air's long-term growth LCI said its investment in Elroy Air's system underpins its long-term commitment to sustainable growth and innovation. Under the terms of the deposit-backed agreement, LCI will initially acquire 20 aircraft with an option for a total of up…
…member organizations such as Johnson & Johnson, Lockheed Martin, and AmSkills, among others, convinced us that we could further our regional support and execute our mission on a significant level by opening an office in this region.” “Over the past several years, our institute has brought about $13 million in both technology and workforce projects to the region, with funding from the Department of Defense, Department of Commerce, and the Department of Labor,” said Arnie Kravitz, chief innovation officer of…
…4. Mobile robots can improve materials handling Lockheed Martin implemented AMRs from 6 River Systems Inc. to improve material handling. The defense contractor is in an industry with very limited players and unique requirements. Lockheed has an autonomous systems roadmap to achieve full automation by 2035. While the company is rigorously automating its products, it did not have any autonomous solutions for its internal warehouses. Lockheed Martin faced the following challenges: Complex and dynamic supply chain Stringent security requirements Lack…
…The financing was led by Autodesk, with Lockheed Martin and British Patient Capital participating alongside returning investors Atomico and Episode 1 Ventures. “CloudNC's bold vision is impressive and their solution will soon allow anyone, from hobbyists to high-tech aerospace companies, to order and have parts delivered to them anywhere in the world with the click of a button,” said Stephen Hooper, vice president of design and manufacturing of cloud solutions at Autodesk. “In a similar way to how the internet…
…received investments from industry leaders such as Lockheed Martin Ventures, Johnson Controls, Airbus Ventures, and The Fontinalis Group. Humatics transponder provides specific positioning Humatics described its transponder as an electronic “tag” that is attached to a high-value asset. This enables its location to be digitized with a unique identification and streamed many times per second for real-time positioning. This specific positioning data enables localization, navigation, and collaboration of robots, tooling, surgical instruments, and even humans. The new system enables any…
…first graduates went on to work for Lockheed Martin and Special Operations. They went from mining coal underground to machining parts for Blackhawk helicopters,” she said. For many people, there is an initial shock when they walk through the door, observed Walker. They have concerns about whether they will be able to master the technology. But with practice and dedication, most students are successful, she said. “I have graduates who say, ‘I didn’t know that this was out here and…
…of units each week for customers including Lockheed Martin, CSAT Solutions, ACT Fulfillment, DHL, GXO Logistics, and Office Depot. RICOH Service Advantage to support 6RS robots 6 River Systems said its software and Chuck robots empower warehouse associates to work faster and more efficiently, improving uptime. Ricoh said it will provide expert technical and customer support through RICOH Service Advantage, whose infrastructure will enable 6 River systems to continue expanding quickly across the U.S. Ricoh's certified technicians will work alongside…
…in the U.S., Canada and Europe, fulfilling millions of units each week for companies including Lockheed Martin, CSAT Solutions, ACT Fulfillment, DHL, XPO Logistics, and Office Depot.
…include the U.S. Department of Defense (DoD), Lockheed Martin Corp., and Ford Motor Co. It said the DoD alone represents a $20 billion revenue opportunity. In addition to its FlashFuse technology and polymer- and polymer-composite products, Essentium said it is developing metal additive systems to offer unique metallurgies and advanced microstructures for applications with demanding structural integrity. The company added that it expects its investments in metal printing systems and digital manufacturing initiatives to create opportunities in an estimated $318…
…holemaking process quality.” The company's customers include Lockheed Martin, Pratt & Whitney, and General Electric. It said it has built equipment as small as a phone booth and as large as this newest SpaceX collaboration. Beaumont Machine expands with ABB “We just completed a project with SpaceX, using this newly developed control system in tandem with integrated large ABB robotics for positioning of the electrode,” said Beaumont. The new Beaumont small-hole electrical discharge machine (EDM) at SpaceX in Hawthorne, Calif.,…
…companies, including SHoP Architects, South Park, and Lockheed Martin, are evaluating it. Since the launch of its open beta in December, Omniverse has been downloaded by over 50,000 individual creators, said NVIDIA. “NVIDIA Omniverse connects worlds by enabling the vision of the metaverse to become a reality,” said Richard Kerris, vice president of the Omniverse development platform at NVIDIA. “With input from developers, partners and customers, we’re advancing this revolutionary platform so that everyone from individuals to large enterprises can…
