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Iotic Raises $8.4 Million and Expands U.S. Team

"Iotichas secured investment of$8.4 Million and strengthened its management team in the U.S.to accelerate growth and meet increasing demand for its pioneering digital twin technology," said a company spokesperson. Ioticenablesenterprises and its ecosystemsof assets, objects, companies and people to interact securely. Thedigital softwarecompanyprovides the secureoperatingenvironment and tools to createdigitaltwins ofanything, enabling their secure interaction and building oftrue interoperable ecosystems. With a focus on the U.S. mar...

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Timken to Acquire BEKA Lubrication

The Timken Company has reached an agreement to acquire BEKA Lubrication (BEKA), a global supplier of automatic lubrication systems. The company serves a diverse range of industrial sectors including wind, food and beverage, rail, on- and off-highway and other process industries. "The acquisition of BEKA expands our global leadership in the highly attractive automatic lubrication systems market sector, increases our geographic scale and market coverage in Europe and Asia and will create new opportunities to serv...

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Self-Propelled Platform Truck-Tug

Air Technical Industries (ATI) has announced the development of a heavy-duty self-propelled platform truck-tug. "In addition to carrying heavy loads, it is powerful enough to pull along several trailers or loads simultaneously, saving time by doing it in one trip instead of multiple trips," said a company spokesperson. The propulsion is battery powered 24 volt DC and controls are built-in below the platform, which can open at one end for service access. The travel speed is infinitely variable from zero up to 4 MPH and the unit is ...

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Inline Laser Marking and Laser Cleaning Solutions

"Global manufacturers are facing increasing pressure from their clients in the automotive industry to provide part-to-part traceability. Being able to trace every part inside their production facilities with a unique, permanent, scannable barcode provides data-oriented manufacturers invaluable information for process control," said a Laserax spokesperson. Laserax has developed a line of laser markers that enables direct part marking to help manufacturers trace every product from early production steps to the assembly of the final ...

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End-to-End Documentation of Machine Processes

Marposs recently introduced its own MES FactoryNET software suite designed to provide a powerful interface between machine, operator, production and resource planning and higher-level ERP systems. FactoryNET 4.0 enables end-to-end documentation of the machine processes due to its connection directly with process monitoring. This connection delivers knowledge that can be used to reduce set-up and downtime, optimize lead times and enhance machine utilization. Systems without process monitoring like automatic sorters, hardening furnaces or pac...

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Oerlikon Partners with United Launch Alliance

Oerlikon AM, the additive manufacturing (AM) unit of Oerlikon, has announced it will provide metal additively manufactured qualification and flight components for United Launch Alliance's (ULA) next- generation Vulcan Centaur rocket. "ULA is the world's most experienced and reliable launch service provider, with more than 130 launches and 100% mission success," said a company spokesperson. ULA will design and develop the components, while Oerlikon supports with Design for AM, printing and post-processing. The nickel alloy 718 comp...

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