Metrology News – Published by Metrologists for Metrologists
While reading ‘The New Silk Roads’ by Peter Frankopan in past days I came across a quote from almost 2500 years ago – “A talent for following the rules of yesterday is not sufficient to improve the world of today”.
This quote put into perspective the profusion of investment stories Metrology News reported during July. Investments in both acquisitions to strengthen company strategy’s and product offerings along-side investments in new emerging companies, with what are deemed ground-breaking technologies, all in preparation for the fourth industrial revolution. In this month’s newsletter we highlight many of these investment announcements.
Industry 4.0 is being adopted quickly by progressive manufacturing organizations, focussed on improving both quality and productivity, together with the automation of many traditional manually performed tasks – including visual inspection – with AI and machine vision playing an increasing role in this domain. The COVID crisis, and follow-on consequences, appears to have focussed many to accelerate their implementation of next generation manufacturing philosophies and technologies.
These are indeed interesting times for manufacturing industry with traditional rules and manufacturing practises being ‘torn-up’. Those who stand-still risk an uncertain future, whether equipment supplier or end-user, with metrology becoming ever more centric to new-age manufacturing processes.
“The train, departing on a new journey, has already left the station”.
Some 90 articles were published in the month and we highlight below in this month’s magazine selected published articles from the month. The complete library of July articles can be accessed by clicking here.
As usual I welcome your comments, news and views along with suggested guest articles for publication – my inbox is always open.
Keith Mills – Publishing Editor
Sandvik has signed an agreement to acquire US based DWFritz Automation Inc., a leading global provider of precision metrology, inspection- and assembly solutions for advanced manufacturing. DWFritz Automation designs, builds and supports engineer-to-order high-speed, non-contact metrology solutions and automation systems … read more
In-Place Machining Company, LLC (“IPM”), a globally recognized high acuity field machining company focused on providing highly technical, precision on-site machining, diamond wire cutting and measurement services to customers, has announced that it has acquired Exact Metrology as of July 2, 2021 … read more
Renishaw has announced that the formal sale process being carried out has concluded after none of the proposals received were considered satisfactory by the company. The sale process was instigated at Renishaw after executive chairman Sir David McMurtry and non-executive deputy chairman John Deer indicated their intention to sell … read more
Sandvik has signed an agreement with Battery Ventures to acquire US-based Cambrio, with an end-to-end portfolio in CAD/CAM software for manufacturing industries like automotive, transportation, energy, medical and aerospace. Cambrio will be reported in the Design & Planning Automation division within Sandvik Manufacturing and Machining Solutions … read more
Hexagon AB has announced the acquisition of Immersal Oy, a pioneer and leading innovator of spatial mapping and visual positioning solutions used to produce augmented reality (AR) applications. AR applications enhance real-world experiences by augmenting a user’s visual perception with the display of digital content in the physical world. AR’s ability … read more
Jenoptik has announced that Marposs will takes over all Jenoptik employees at the main site in Peseux, Switzerland, as well as in Ratingen and Ludwigsburg, Germany, 40 people in total. In 2020, Jenoptik generated revenue of around 7 million euros with process metrology for grinding machines … read more
Path Robotics, developer of the world’s first truly autonomous robotic manufacturing system, has announced it received $100 million in pre-emptive Series C financing led by Tiger Global. Existing investor Addition also participated in the round, along with Silicon Valley Bank. “Most robots merely repeat what they are told, with no ability … read more
A consortium, led by the National Physical Laboratory (NPL), has secured £22.6m ($31M) funding for a 5-year innovation initiative, the first for the Advanced Machinery & Productivity Institute (AMPI), which will be based in Rochdale, Greater Manchester, UK. The funding has been provided through UK Research and Innovation’s flagship Strength … read more
Inkbit, the company that built the first 3D printing system driven by vision-based feedback control, has announced the closing of $30M in its Series B round of financing. The new funding, will boost production of the company’s additive manufacturing system … read more
Fero Labs, the Explainable Industrial Machine Learning software company, has announced the closing of a $9 million Series A round led by Innovation Endeavors, with participation from Deutsche Invest VC. This funding will support Fero Labs in expanding its product offerings to new sectors and ultimately push the industrial manufacturing community … read more
VividQ has announced that it has closed a new funding round of £11M ($15.1M) to establish its vision for the future of displays with Computer-Generated Holography. This round is led by Innovation Platform (IPC) from the University of Tokyo, who are joined by Foresight Williams Technology … read more
AI vision software company Neurala recently announced it has raised $12 million in funding to advance the development of vision AI for manufacturing. The latest round brings the total invested in Neurala to $26 million. The funding will enable Neurala to evolve and accelerate adoption of its vision AI in the … read more
The UK’s National Quality Infrastructure (NQI) partners, NPL, BSI and UKAS with the Department for Business, Energy and Industrial Strategy have published Standards for the Fourth Industrial Revolution, an Action Plan to unlock the value of standards for innovation. Advances in areas such as artificial intelligence, super-fast intelligent communications networks and … read more
Renishaw has announced that at the upcoming EMO Milano 2021 it will be demonstrating its latest smart factory solutions to support the digitalisation and control of end-to-end manufacturing processes. End-to-end process data capture is invaluable for the insight, analysis, and improvement of manufacturing processes. It allows manufacturers to predict, identify and correct … read more
Google Cloud has launched Visual Inspection AI, a new purpose-built solution to help manufacturers, consumer packaged goods companies, and other businesses worldwide reduce defects and deliver significant operational savings from the manufacturing and inspection process. Today, defects in products such as computer chips, cars, machinery, and other products cost manufacturers billions … read more
An open-access digital architecture for manufacturing shop floors has simplified the way data can be handled across an organisation, showing how manufacturers of any size can build a scalable, fully connected smart factory. Factory+, designed by digital engineers at the University of Sheffield Advanced Manufacturing Research Centre (AMRC), provides an open … read more
Despite the challenging past year, a new study indicates that digital transformation has become more of a priority for 67% of manufacturers across Europe. The research, commissioned by Panasonic and undertaken by industry experts Aberdeen, showed organisations have recognised the importance of using technology to improve time-to-market, overall equipment effectiveness … read more
North Star Imaging (NSI) has introduced a new range of High Energy X-ray systems, MeVX product line, that are available in 3, 6 and 9 Million Electron Volts (MeV). These advanced CT systems are now available with Linear Accelerators offering energies up to 9MeV yet providing the same ease of use … read more
FARO Technologies has announced the release of its all-new Quantum Max ScanArm, an advanced portable measurement tool that features three purpose-built hot-swappable Laser Line Probes (LLPs). Designed to meet a variety of small and medium-sized measurement needs, the LLPs—xR, xP and xS— ensure that users are no longer forced to choose … read more
Of the billions of products manufactured and inspected each day, few could be made without some level of industrial automation. Modern manufacturing demands high quality control standards. Manual inspection is slow, prone to error, and impeded by product size, space constraints, lighting conditions, and fast production line speeds … read more
Receive the #1 online digital metrology magazine directly into your inbox featuring the very latest news from the manufacturing metrology sector.