A landmark investment to build next-generation industrial and manufacturing capabilities for future aerospace production has officially opened at the UK’s University of Sheffield Advanced Manufacturing Research Centre (AMRC).
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New orders of metalworking machinery, measured by the U.S. Manufacturing Technology Orders Report published by The Association For Manufacturing Technology (AMT), totaled $583.4 million in May 2026. This was a 1.8% decline from April 2026, but a 47.8% increase over May 2025.
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QuantumDiamonds (QD), one of Europe’s fastest-growing semiconductor equipment companies, has announced the close of a €91 million funding round to scale production of its quantum-based semiconductor inspection technology.
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Emesent, an autonomous mapping and robotics company, has announced $17 million (USD) in total new funding to accelerate development of its Cortex AI autonomy platform, expand its Aura cloud software offering, and deepen its operations across the engineering, defense, architecture, mining and construction (AEC) sectors.
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Phase3D has announced the successful completion of an oversubscribed $2.9 million funding round that will accelerate the commercial expansion of its in-situ inspection technology for metal additive manufacturing. The investment will support increased manufacturing capacity, software development and wider deployment of the company’s Fringe Inspection platform as demand for production-scale quality assurance continues to grow.
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Shipments of cutting tools, measured by the Cutting Tool Market Report, a collaboration between The Association For Manufacturing Technology (AMT) and the U.S. Cutting Tool Institute (USCTI), totaled $258.9 million in April 2026.
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Today’s manufacturers require inspection capabilities that move at the speed of production. Traditional quality control processes centered around dedicated metrology laboratories are increasingly being complemented by portable, flexible, and autonomous measurement technologies that bring inspection directly to the point of manufacture.
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Following three difficult years, the German machine tool industry can breathe a first sigh of relief: incoming orders increased by 15 percent in the first quarter of 2026. Nevertheless, the situation remains challenging.
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Nearfield Instruments, a leader in advanced semiconductor 3D metrology and process control, has announced the successful closure of a $380 million Series-D funding round. The transaction values the company at $1.6 billion, marking a major milestone in Nearfield’s development into a global leader in semiconductor metrology and inspection.
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Accenture has agreed to acquire Industries eXcellence Group (IndX), a division of Engineering Group and long-standing partner of Siemens Digital Industries. The acquisition will strengthen Accenture’s ability to help manufacturers modernize product development, production and supply chain operations through software, data, and AI-enabled technologies.
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