News
Digital twins, software maturity and other automation trends
22+ hour, 3+ min ago (829+ words) AI-powered simulation technology and other types of robotics software are becoming more powerful and cost-effective for manufacturers. At the Automate conference in Chicago, several speakers discussed the latest in simulation technology, how software and physical artificial intelligence is maturing, as…...
US manufacturing expands again in June, but at slower rate than in May
1+ day, 44+ min ago (808+ words) The overall economy grew for the 20th month in a row, but the Iran war and price volatility are still major concerns for manufacturers. Economic activity in the U. S. manufacturing sector expanded in June'for the sixth consecutive month to 53. 3%, or 0. 7 percentage point…...
Joby, Toyota form electric air taxi joint venture
1+ day, 1+ hour ago (497+ words) The new entity is part of the companies" strategic alliance that has been in the works since 2024, which aims to support the certification and commercial production of Joby"s e VTOL aircraft. Joby and Toyota have also entered into an…...
Where to start with mobile automation
1+ day, 2+ hour ago (560+ words) Formova's leadership at Automate outlined what companies should consider when transitioning their operations to accommodate AGVs or AMRs. For a long time, automation was considered a luxury reserved for bigger companies or something that only worked in special settings. Robotics…...
Onsemi agrees to buy Synaptics for about $7 B
2+ day, 1+ hour ago (532+ words) Onsemi said it believes the all-stock transaction will enhance its global position in physical artificial intelligence. Chipmaker onsemi announced it has agreed to acquire Synaptics as part of an all-stock transaction for about $7 billion in a push to bolster its…...
Humanoid hype, surging investor capital and the state of industrial robots
2+ day, 1+ hour ago (830+ words) Executives at Automate discussed the future of robotics, from bipedal prototypes and increased automation demand to growing accessibility for manufacturers of all sizes. CHICAGO " Although humanoid robots are the best they've ever been, there is still a long way to…...
Rocket Lab to acquire Iridium Communications for $8 B
2+ day, 28+ min ago (564+ words) The deal will be the rocket manufacturer's "shortcut" to enter the space applications market, CEO Peter Beck said. Accessing Iridium's spectrum could also help level the playing field with Space X. In conjunction with the agreement, Rocket Lab has secured $3. 6 billion…...
Moving the needle: How a vinyl producer became comfortable with instability
2+ day, 23+ hour ago (1063+ words) Furnace Record Pressing CEO Ali Miller explains how the vinyl record manufacturer fine-tunes its process to service its customers. Unlike a lot of her record-making colleagues, Ali Miller doesn't have a background in performing music or touring. She got into…...
Manufacturing procurement: Transform sourcing into strategy
3+ day, 5+ hour ago (921+ words) The opportunity is clear: By modernizing processes, integrating data, and embracing digital tools, procurement can evolve from a transactional function into a strategic driver of competitive advantage. Manufacturing procurement'is distinct from other business functions because every purchase, no matter how…...
Lockheed Martin signs $35 B DOD contract to quadruple interceptor production
6+ day, 34+ min ago (12+ words) Manufacturing Dive...