Linux Foundation Announces High Performance Software Foundation

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HAMBURG, Germany, May 17, 2024 – Linux Foundation, the nonprofit organization enabling mass innovation through open source, is excited to announce the launch of the High Performance Software Foundation (HPSF). Through a series of technical projects, HPSF aims to build, promote, and advance a portable core software stack for high performance computing (HPC) by increasing adoption, lowering barriers to contribution, and supporting development efforts.

As use of HPC becomes ubiquitous in scientific computing and digital engineering, and AI use cases multiply, more and more data centers deploy GPUs and other compute accelerators. HPSF will provide a neutral space for pivotal projects in the high performance computing ecosystem, enabling industry, academia, and government entities to collaborate on the scientific software stack.

HPSF benefits from strong support across the HPC landscape, including Premier Members Amazon Web Services (AWS), Hewlett Packard Enterprise (HPE), Lawrence Livermore National Laboratory (LLNL), and Sandia National Laboratories (SNL); General Members AMD, Argonne National Laboratory (ANL), Intel, Kitware, Los Alamos National Laboratory (LANL), NVIDIA, and Oak Ridge National Laboratory (ORNL); and Associate Members University of Maryland, University of Oregon, and Centre for Development of Advanced Computing (C-DAC). HPSF will set up a technical advisory committee (TAC) to manage working groups tackling a variety of HPC topics. Drawing from member organizations and community participants, the TAC will follow a governance model based on the Cloud Native Computing Foundation (CNCF).

The HPSF is launching with the following initial open source technical projects:

  • Spack: the HPC package manager.
  • Kokkos: a performance-portable programming model for writing modern C++ applications in a hardware-agnostic way.
  • Viskores (formerly VTK-m):  a toolkit of scientific visualization algorithms for accelerator architectures.
  • HPCToolkit: performance measurement and analysis tools for computers ranging from desktop systems to GPU-accelerated supercomputers.
  • Apptainer: Formerly known as Singularity, Apptainer is a Linux Foundation project providing a high performance, full featured HPC and computing optimized container subsystem.
  • E4S: a curated, hardened distribution of scientific software packages.

HPSF aims to make life easier for high performance software developers through a number of focused initiatives, including:

  • Continuous integration resources tailored for HPC projects
  • Continuously built, turnkey software stacks
  • Architecture support
  • Performance regression testing and benchmarking
  • Collaborations with other LF projects, such as OpenSSF, UEC, UXL Foundation, and CNCF

The HPSF welcomes organizations from across the HPC ecosystem to get involved and help drive innovation in open source HPC solutions. To learn more about the HPSF, including how to get involved, contribute, and become a member, please visit hpsf.io.

About the Linux Foundation

The Linux Foundation is the world’s leading home for collaboration on open source software, hardware, standards, and data. Linux Foundation projects are critical to the world’s infrastructure, including Linux, Kubernetes, Node.js, ONAP, OpenChain, OpenSSF, PyTorch, RISC-V, SPDX, and more. The Linux Foundation focuses on leveraging best practices and addressing the needs of contributors, users, and solution providers to create sustainable models for open collaboration.

For more information, please visit linuxfoundation.org.

JETCAM Orders Controller 4 Released

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JETCAM International s.a.r.l. has announced the release of JOC 4, an update to its automation front end to its nesting software, JETCAM Expert.

JOC4 premium automation nest export

Enhanced nest data reporting functionality

JOC 4 has a completely rewritten nest batch information export dialog, allowing users to easily extract any information on nests, material, stock and orders, for import into other data systems such as ERP. Users can select multiple nests, choose the data type and fields to export, with a CSV file immediately available.

Wider Expert nesting software support

JOC 4 now also supports JETCAM Expert Lite and Expert 1, widening the range of nesting systems that can take advantage of its ordering and nest viewing capabilities.

Material translation files

Useful for users exporting data from CAD/bending software with different material information, the new material translations functionality allows mapping of external material names to JETCAM material types – this is especially useful for customers cutting the same material with different gasses. This ensures that customers can correctly map material information as parts are imported, and also ensures that the correct material data is displayed in subsequent exported data.

CAD Nest Splitter upgraded

The CAD Splitter, used for splitting DXF nests down into individual DXF files, has been updated to allow a processor to be run after splitting. This can be useful for users wishing to extract additional information from text found within each DXF, such as material, thickness, rotations allowed, etc., which can then be used during the CAD import process as normal.

Hundreds of other changes throughout the software

Many other areas of the software have benefited from incremental updates. JOC now supports soft licensing, with one-click updating of maintenance expiry online. Other changes include additional configuration options for JETCAM’s Ultra Performance Nesting option, enhanced data exchange with other systems during CAD import, an upgraded ‘Copy/Mirror’ function of complete assemblies, improvements in Progressive Nesting, updates on the Orders search function, and new RCP (Remote Control Processing) overrides and functions.

Free trial for existing nesting users

Existing JETCAM Expert nesting customers can take advantage of a free 60-day trial offer, allowing them to test JOC 4’s automation without risk. A dedicated online video tutorial course in the JETCAM University ensures that users can be up and running within a few hours. Existing customers should contact their JETCAM reseller for further information on the 60-day trial. Terms and conditions apply.

JOC 4 is available for immediate download free of charge for all existing customers with a current maintenance contract.

About JETCAM International s.a.r.l.

JETCAM International has been developing and distributing its JETCAM Expert range of CADCAM software since 1986, serving the sheet metal and aerospace/automotive composite cutting industries. In use in 83 countries worldwide, JETCAM software supports virtually every CNC punching, laser, plasma, routing, waterjet and flatbed cutting machine available today, and provides automation and Industry 4.0 IIoT connectivity. The software has received various accolades and awards due to its high level of automation and fast return on investment.

For more information, visit www.jetcam.com.

Trimble Infinity Awards Winners Announced

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WESTMINSTER, CO, May 17, 2024 – Trimble announced the winners of its inaugural Trimble Infinity Awards, which recognize organizations for their remarkable accomplishments in achieving capital program and infrastructure management success.

The Infinity Awards were announced in a special ceremony at the Trimble Innovate 2024 User Conference in Cleveland, OH. At Innovate, nearly 1,400 Trimble customers, business partners and other industry leaders gathered for three days to explore strategies and solutions for asset lifecycle management — a holistic approach to efficiently managing property and infrastructure assets from their inception to their long-term operation and maintenance.

“We congratulate all the Infinity Award winners on achieving impressive levels of digital innovation and real results that will benefit their communities for generations to come,” said Cyndee Hoagland, senior vice president of Trimble’s Owner and Public Sector. “These honorees demonstrate that, regardless of your organizational size, budget or focus, you can deliver efficiently, affordably and sustainably by connecting data, teams and processes across all phases of the asset lifecycle.”

The overall Infinity Award winner for 2024 is the City of Raleigh, North Carolina, which saves millions of dollars annually using industry best practices and Trimble digital solutions for designing, building, operating and maintaining its infrastructure.

The other winners span three categories of Infinity Awards — Excellence, Growth and Trailblazer — reflecting their diverse strengths in using digital technologies for capital improvement and infrastructure management. The complete list of award winners is below.

Trimble Infinity Award Winners 2024

Overall Winner for Asset Lifecycle Management
City of Raleigh, North Carolina

Other Infinity Award Categories

Excellence – Enterprise-wide Problem Solving
City of Round Rock, Texas
Georgia State Financing & Investment Commission
Las Vegas Valley Water District, Nevada
Massachusetts Division of Capital Management and Maintenance
Oklahoma Department of Transportation
Prince William County Service Authority, Virginia
University of California San Diego
University of Southern California

Growth – Significant Digital Transformation
City of Lorain, Ohio
City of Savannah, Georgia
DeKalb County, Georgia
Gainesville Regional Utility, Florida
Montgomery County, Pennsylvania

Trailblazer – Innovation Through Integration
Greer Commission of Public Works, South Carolina
Metropolitan Sewer District of Greater Cincinnati, Ohio
Polk County, Florida
St. Johns County, Florida

Only Trimble customer organizations are eligible to be nominated for Infinity Awards. Nominations are accepted from customers themselves as well as from Trimble business partners and staff.

To identify the 2024 winners, nominations were evaluated by a selection committee of seven Trimble senior managers and executives using a numeric scoring system based on criteria aligned with industry best practices for capital program and infrastructure asset management. To ensure accuracy and objectivity, the committee members participated in multiple rounds of blind scoring, without knowing how other committee members scored the same nominees. Any Trimble staff member with a direct working relationship with a nominated organization was excluded from the selection process.

“All the honorees have worked hard to win their well-deserved awards,” said Hoagland. “It’s clear they are inspiring other organizations to make the journey of digital transformation that will help them serve their communities even better through improved project outcomes and well-maintained infrastructure.”

About Trimble

Trimble is transforming the ways people move, build and live. Core technologies in positioning, modeling and data analytics connect the digital and physical worlds to improve our customers’ productivity, quality, safety, transparency and sustainability.

For more information about Trimble, visit www.trimble.com.

Buildots Announces Delay Forecast

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LONDON, UK, May 17, 2024 – AI construction technology leader Buildots has announced the launch of its new Delay Forecast feature, an AI-powered tool that predicts delay risks and alerts construction teams about pace issues so that they can proactively mitigate potential delays before they escalate. The feature also includes granular, activity-level insights into the root causes of delays, enabling project managers to continually improve performance and strategy.

The new Delay Forecast tool from Buildots helps construction projects stay on track by identifying activities at risk of delay and enabling project teams to mitigate those risks. (PRNewsfoto/Buildots)

Intuitively integrated into Buildots’ main dashboard, Delay Forecast flags activities that are at risk of falling behind schedule, quantifies those risks by providing projections of forecasted delays, as well as recommendations for pace corrections to mitigate and prevent delays. When users get delay alerts, they can input new pace assumptions and see how these changes might affect the timeline, allowing them to optimize and fine-tune strategies and determine the best path forward. The dashboard also enables project teams to track risk trends week by week, allowing them to see the real-life impact of their decisions.

The feature was developed after research performed by Buildots found that 62% of construction site activities consistently run slower than planned, and that 25% of activities run at half their planned pace. The findings also indicated that many times – even when critical activities performed poorly week after week – these issues go unnoticed until they have already significantly impacted project timelines.

“At Buildots we believe that accurate progress data, performance indicators, and data-driven insights are critical to solving issues that plague almost all construction projects, such as delays and inefficiency,” said Aviv Leibovici, Buildots co-founder and CPO. “Those core beliefs inspire all that we do, from developing the Performance Driven Construction Management (PDCM) method, to designing new tools like Delay Forecast.”

The new feature has been beta-tested on a number of global construction sites and has been shown to facilitate a 50% reduction in delay times when used together with the PDCM method. One of those sites is a large-scale Danish government complex, currently being built by leading Scandinavian contractor NCC Denmark. According to project manager Niels Frank Jensen, “Using Delay Forecast, not only can we now identify risks very early, but also inform our trades of the exact pace required to meet the schedule. Trades can adjust manpower resources accordingly by viewing quantities of work. We’re finally able to back our instincts and prioritize activities based on actual performance and what’s really at risk.”

Delay Forecast is now available immediately to all current Buildots users and new customers.

About Buildots

Buildots is a global construction technology leader bringing the power of AI and computer vision to automate on-site progress tracking. The platform provides construction teams with accurate data and previously unavailable predictive performance metrics, empowering them to make data-driven decisions. Buildots’ platform improves project visibility and efficiency, leading to reduced delays, enhanced error detection, and successful delivery of projects. Buildots is helping increase efficiencies of large-scale construction projects across North America, the UK and EMEA.

For more information, visit Buildots website.

Stratasys Q1 Results, Conf Call on May 29, 5PM ET

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MINNEAPOLIS, MN & REHOVOT, Israel, May 16, 2024 – Stratasys Ltd. will release financial results for the first quarter ended March 31, 2024, after market close on Wednesday, May 29, 2024. The Company plans to hold the conference call to discuss its first quarter 2024 financial results on Wednesday, May 29, 2024, at 5PM ET.

The investor conference call will be available via live webcast on the Stratasys website at investors.stratasys.com; or directly at the following Web address: https://event.choruscall.com/mediaframe/webcast.html?webcastid=H13Rjkjs

To participate by telephone, the US toll-free number is 877-407-0619 and the international dial-in is +1-412-902-1012. Investors are advised to dial into the call at least ten minutes prior to the call to register. The webcast will be available for 6 months at investors.stratasys.com, or by accessing the above-provided Web address.

About Stratasys

Stratasys is leading the global shift to additive manufacturing with innovative 3D printing solutions for industries such as aerospace, automotive, consumer products and healthcare. Through smart and connected 3D printers, polymer materials, a software ecosystem, and parts on demand, Stratasys solutions deliver competitive advantages at every stage in the product value chain. The world’s leading organizations turn to Stratasys to transform product design, bring agility to manufacturing and supply chains, and improve patient care.

To learn more about Stratasys, visit www.stratasys.com.

Ashlar-Vellum Releases Cobalt Share App in Apple Mac App Store

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AUSTIN, TX, May 16, 2024 – Ashlar-Vellum, the leading developer of 2D CAD and 3D modeling software, announces the release of the Cobalt Share Application in the Apple Mac App Store. This transformative collaboration tool is available for free, empowering creatives and professionals to work together seamlessly, sharing design files and moving easily between Mac and Windows platforms.

Unlike other viewers, Cobalt Share not only allows users to view and collaborate on designs, but also exports in over 40 formats, including DWG, DXF, STEP, IGES, PDF, and many more. This makes it a powerful tool for working with diverse teams and spheres of design.

“We are thrilled to bring the Cobalt Share App to the Apple Mac App Store, making it more broadly accessible to Apple users worldwide,” said Robert Bou, president of Ashlar-Vellum. “Our goal is to facilitate seamless collaboration and inspire creativity. We believe the Cobalt Share App will have a profound impact on the way people work together, cross-team, cross-software, cross-platform.”

The Cobalt Share App

  • Empowers real-time collaboration and sharing
  • Provides an intuitive interface for easy adoption
  • Enables cross-platform compatibility
  • Supports macOS High Sierra(10.13) or higher
  • Exports in over 40 formats, including DWG, DXF, STEP, IGES, PDF
  • Downloads for free from the Apple Mac App Store

Download the Cobalt Share Application now, free on the Apple Mac App Store, and experience the power of seamless collaboration and flexible idea exchange.

About Ashlar-Vellum

Founded in 1988, Ashlar-Vellum is the leading provider of precision CAD and 3D modeling software that automates and simplifies the design process for drafting, design, and engineering professionals on both Macintosh and Windows platforms. Ashlar-Vellum’s unique Organic Workflow featuring their renowned Vellum user interface and powerful toolsets have earned the loyalty of innovators around the world. Ashlar-Vellum operates from its headquarters in Austin, TX with their development team and administrative support in Ukraine and around the world.

To learn more, visit www.ashlar.com.

Siemens Partners with Sony

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PLANO, TX, May 16, 2024 Siemens and Sony Corp. are partnering to introduce a new solution that combines the Siemens Xcelerator portfolio of industry software with Sony’s new XR head-mounted display (HMD), SRH-S1 – designed using Siemens’ NX software, a core solution used across Sony to design its industry leading products.

Image courtesy of Sony Corp.

On stage at Realize LIVE in Las Vegas, Seiya Amatatsu, Head of Sony’s XR Technology Development Division, detailed how his team relies on Siemens’ NX software from the Siemens Xcelerator portfolio to help develop a new HMD. The SRH-S1 includes an XR head-mounted display with high-quality 4K OLED Microdisplays and controllers for intuitive interaction with 3D objects. Sony has been using the Siemens Xcelerator portfolio as its primary product engineering software since 2015, at an accelerated pace.

“Sony succeeded in implementing NX in the fastest schedule in the world and we were able to improve our design process productivity by 25%. Although significant advancements have been made with NX, I wanted to achieve further evolution with a product that brings innovations allowing direct editing in an immersive environment. I believed that could be realized with Siemens and as a result, the XR head-mounted display was developed that could bring innovative products to market more rapidly,” said Sony’s Amatatsu.

Sony’s XR head-mounted display is a fundamental part of the forthcoming NX Immersive Designer, an integrated solution that combines Siemens’ industry leading product engineering software, NX, exclusively with Sony’s breakthrough XR technology to deliver immersive design and collaborative product engineering capabilities.

“At Sony, we are committed to creators. In every line of our business, we want to enable creators to create, and the SRH-S1 does just that. Our head-mounted display and dedicated controllers lets you create more intuitively in a fully immersive environment, allowing you to move freely between the virtual and real worlds — collaborating and creating with colleagues around the world in real time, – and it will enable more innovation,” explained Hirohito Kondo, deputy general manager, XR Business Development Division, Product Management Department of Sony.

“The tight integration of the hardware and software gives designers and engineers all new, incredibly natural ways to interact with the Digital Twin. And that interaction is the key. We’re not just viewing designs. This is about doing meaningful hands-on engineering. That is why the image quality is so important – as well as the precision of the controls and even the comfort of the headset – because together, it lets you collaborate more, engineer better, and innovate faster. It lets you do real, meaningful engineering — and without ever having to build a physical prototype.”

Siemens’ NX Immersive Designer is expected to launch at the end of 2024. To register your interest in Siemens’ NX Immersive Designer and learn more about how it is going to change the landscape of immersive visualization and collaboration, visit: https://plm.sw.siemens.com/en-US/nx/products/nx-immersive-designer/.

About Siemens Digital Industries Software

Siemens Digital Industries Software helps organizations of all sizes digitally transform using software, hardware and services from the Siemens Xcelerator business platform. Siemens’ software and the comprehensive digital twin enable companies to optimize their design, engineering and manufacturing processes to turn today’s ideas into the sustainable products of the future. From chips to entire systems, from product to process, across all industries. Siemens Digital Industries Software – Accelerating transformation.

About Siemens Digital Industries

Siemens Digital Industries (DI) is an innovation leader in automation and digitalization. Closely collaborating with partners and customers, DI drives the digital transformation in the process and discrete industries. With its Digital Enterprise portfolio, DI provides companies of all sizes with an end-to-end set of products, solutions and services to integrate and digitalize the entire value chain. Optimized for the specific needs of each industry, DI’s unique portfolio supports customers to achieve greater productivity and flexibility. DI is constantly adding innovations to its portfolio to integrate cutting-edge future technologies. Siemens Digital Industries has its global headquarters in Nuremberg, Germany, and has around 72,000 employees internationally.

About Siemens AG

Siemens AG (Berlin and Munich) is a leading technology company focused on industry, infrastructure, transport, and healthcare. From more resource-efficient factories, resilient supply chains, and smarter buildings and grids, to cleaner and more comfortable transportation as well as advanced healthcare, the company creates technology with purpose adding real value for customers. By combining the real and the digital worlds, Siemens empowers its customers to transform their industries and markets, helping them to transform the everyday for billions of people. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a globally leading medical technology provider shaping the future of healthcare.

In fiscal 2023, which ended on September 30, 2023, the Siemens Group generated revenue of €77.8 billion and net income of €8.5 billion. As of September 30, 2023, the company employed around 320,000 people worldwide.

Further information is available on the Internet at www.siemens.com.

Siemens, Microsoft Expand Partnership

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PLANO, TX, May 16, 2024 – Siemens Digital Industries Software announced today an expansion of its partnership with Microsoft to make the Siemens Xcelerator as a Service portfolio of industry software available through Microsoft’s cloud and AI platform Azure and integrating it with generative AI and Copilot features. This will increase flexibility and choice for Siemens’ customers and make Microsoft’s industry-leading AI solutions more accessible to Siemens customers.

“Our customers have asked for Siemens to bring our industry leading industrial software to Azure,” said Tony Hemmelgarn, CEO and president, Siemens Digital Industries Software. “Siemens and Microsoft have been partners for more than 35 years, and we are pleased to expand this partnership so we can best enable our customers to digitally transform through our joint solutions.”

As a first step, Siemens will deliver Teamcenter X software, the rapidly scalable and secure PLM solution, on Microsoft Azure, enabling customers to implement their mission critical solutions on their preferred cloud and AI platform. Built on the same trusted, robust and secure Software-as-a-Service (SaaS) architecture used by some of the world’s leading manufacturers and innovators, Teamcenter X empowers teams to start fast and get their product data under control, enabling them to reduce cycle time, minimize IT costs and speed innovation. With the availability of Teamcenter X on Azure, organizations can benefit from Microsoft’s responsible AI tools and access to enterprise-grade security.

This continued collaboration builds on the launch of the Teamcenter app on Microsoft Teams which connects frontline factory and service teams to the design and engineering teams through Siemens’ industry-leading Teamcenter software for PLM. The new app takes advantage of the latest advances in generative AI and Natural Language Processing: With Azure OpenAI in Azure AI Studio, Siemens developers have built custom copilot functionality to enable frontline workers to access the engineering enterprise from the palm of their hand and collaborate in more inclusive ways.

Siemens is also developing a Copilot for Microsoft 365 plugin for the Siemens Teamcenter app on Teams, enabling workers across the entire product lifecycle and value chain to better track and prioritize their workloads. They will be able to ask Microsoft Copilot for help with summarizing outstanding tasks and workflows out of the comfort of their Teams app. To deliver new features like these to customers as fast as possible, Siemens developers are using GitHub Copilot.

“As Microsoft and Siemens continue to deepen our collaboration, we are excited to bring the power of Azure AI to the Siemens Xcelerator portfolio to meet growing market demand and help businesses focus on delivering differentiated customer value faster. By harnessing our latest advances with generative AI and Copilot capabilities, together we empower design engineers, frontline workers and teams across business functions and geographies, unlocking new levels of customer-centric innovation and productivity,” said Nick Parker, president, industry & partnerships at Microsoft.

To learn more about how Siemens and Microsoft are working together to bring greater flexibility and choice for PLM on the cloud and making industry-leading AI solutions more accessible, visit: https://blogs.sw.siemens.com/teamcenter/teamcenter-teams-and-ai/.

About Siemens Digital Industries Software

Siemens Digital Industries Software helps organizations of all sizes digitally transform using software, hardware and services from the Siemens Xcelerator business platform. Siemens’ software and the comprehensive digital twin enable companies to optimize their design, engineering and manufacturing processes to turn today’s ideas into the sustainable products of the future. From chips to entire systems, from product to process, across all industries. Siemens Digital Industries Software – Accelerating transformation.

About Siemens Digital Industries

Siemens Digital Industries (DI) is an innovation leader in automation and digitalization. Closely collaborating with partners and customers, DI drives the digital transformation in the process and discrete industries. With its Digital Enterprise portfolio, DI provides companies of all sizes with an end-to-end set of products, solutions and services to integrate and digitalize the entire value chain. Optimized for the specific needs of each industry, DI’s unique portfolio supports customers to achieve greater productivity and flexibility. DI is constantly adding innovations to its portfolio to integrate cutting-edge future technologies. Siemens Digital Industries has its global headquarters in Nuremberg, Germany, and has around 72,000 employees internationally.

About Siemens AG

Siemens AG (Berlin and Munich) is a leading technology company focused on industry, infrastructure, transport, and healthcare. From more resource-efficient factories, resilient supply chains, and smarter buildings and grids, to cleaner and more comfortable transportation as well as advanced healthcare, the company creates technology with purpose adding real value for customers. By combining the real and the digital worlds, Siemens empowers its customers to transform their industries and markets, helping them to transform the everyday for billions of people. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a globally leading medical technology provider shaping the future of healthcare.

In fiscal 2023, which ended on September 30, 2023, the Siemens Group generated revenue of €77.8 billion and net income of €8.5 billion. As of September 30, 2023, the company employed around 320,000 people worldwide.

Further information is available on the Internet at www.siemens.com.

Velo3D Announces $10M Q1 Revenue with $28M Loss

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CAMPBELL, CA, May 16, 2024 – Velo3D, Inc., announced financial results for its first quarter ended March 31, 2024. For the first quarter of 2024, the company reported revenue of $ 9.8M, compared to $1.8M in the fourth quarter of 2023. Net loss was $28.3M.

“We were pleased with our first quarter performance as we continued to successfully execute on our strategic priorities,” said Brad Kreger, CEO of Velo3D. “Specifically, we are now just starting to see the benefit of our new go to market initiatives as we booked $17 million in new orders during the quarter. Additionally, we entered the second quarter with $22 million in backlog. We believe this strength reflects the continued customer confidence in our technology as well as our success in expanding our footprint in our core markets, including the defense sector, as we added 3 new defense customers in the first quarter. Our re-alignment efforts are also showing progress as we further reduced our quarterly costs and improved our operational efficiency. We also executed on our initiatives to improve system reliability which is reflected in the fact that approximately 50% of first quarter bookings were from existing customers. Finally, we remain committed to achieving cash flow breakeven in the second half of the year.”

A complete chart of the financial results is available here.

About Velo3D

Velo3D is a metal 3D printing technology company. 3D printing, also known as additive manufacturing (AM), has a unique ability to improve the way high-value metal parts are built. However, legacy metal AM has been greatly limited in its capabilities since its invention almost 30 years ago. This has prevented the technology from being used to create the most valuable and impactful parts, restricting its use to specific niches where the limitations were acceptable.

Velo3D has overcome these limitations so engineers can design and print the parts they want. The company’s solution unlocks a wide breadth of design freedom and enables customers in space exploration, aviation, power generation, energy, and semiconductor to innovate the future in their respective industries. Using Velo3D, these customers can now build mission-critical metal parts that were previously impossible to manufacture. The fully integrated solution includes the Flow print preparation software, the Sapphire family of printers, and the Assure quality control system—all of which are powered by Velo3D’s Intelligent Fusion manufacturing process. The company delivered its first Sapphire system in 2018 and has been a strategic partner to innovators such as SpaceX, Honeywell, Honda, Chromalloy, and Lam Research. Velo3D has been named as one of Fast Company’s Most Innovative Companies for 2023.

For more information, please visit Velo3D.com.

ITandFactory Announces E&I Electrical Designer 2024

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BAD SODEN AM TAUNUS, Germany, May 14, 2024 – ITandFactory GmbH, a leading provider of innovative engineering software solutions, has unveiled the latest version of E&I Electrical Designer – Release 2024. Packed with cutting-edge features and functionalities, this new release is set to elevate the electrical design experience for professionals across industries.

“Celebrating innovation and progress, the release of E&I Electrical Designer 2024 marks a pivotal moment in the evolution of electrical design. With its advanced features and enhanced compatibility, our software empowers engineers and designers to navigate the complexities of modern projects with confidence and efficiency. At ITandFactory GmbH we’re committed to driving industry excellence and supporting our clients on their journey towards success in the digital era,” said Mr. Ajit Joshi, managing director, ITandFactory GmbH.

What’s new in E&I Electrical Designer 2024?

Improved System Compatibility

Built over the latest AutoCAD OEM graphics engine, E&I Electrical Designer 2024 is now compatible with latest Microsoft Windows 11 operating system – with 64-bit support.

Seamless 3D PDF Export

E&I Electrical Designer 2024 introduces an intuitive 3D PDF Export feature, allowing users to effortlessly convert intricate 3D models into PDF format. This feature is especially useful when sharing 3D models with metadata with non-CAD users, as it allows them to view and interact with the designs without requiring any specialized software.

User Friendly Web based view of Model for collaboration

Using E&I Electrical Designer 2024 users can export drawings to the glTF formats. The glTF format is optimized for online use web viewers in the web browsers, which means that 3D models exported to glTF can be easily viewed and shared online, without losing the design intent. It revolutionizes the way engineers and designers showcase their designs online for collaboration with performance.

Enhanced Collaboration with Publish

E&I Electrical Designer 2024 includes a new feature called “Publish”, which allows users to publish engineering data & Drawings to a central repository for easy access and collaboration. It offers a sophisticated list of available file formats, making it easier & efficient for users to create, store, and share documents across multiple platforms.

In conclusion, the release of E&I Electrical Designer 2024 represents a significant milestone in the realm of electrical design. With enhanced compatibility, intuitive features like 3D PDF Export and glTF format support, and improved collaboration capabilities through the Publish feature, our software is poised to revolutionize the way engineers and designers approach their projects. At ITandFactory GmbH, we remain committed to driving innovation and excellence in the industry, empowering our clients to thrive in the digital era.

Experience the future of electrical engineering design by downloading E&I Electrical Designer today from our website. Existing users can upgrade by contacting us at info@enidesigner.com, while new users can embark on a journey of enhanced productivity with our complimentary 7-day trial.

For detailed insights and to access the trial version, visit www.enidesigner.com.

About ITandFactory GmbH

ITandFactory GmbH (a fully owned subsidiary of Neilsoft) is one of the leading solution providers for innovative technologies which help to streamline the challenges of engineering processes. Since inception, their mission has been to develop solutions with a focus on improving engineering. Their aim is to judiciously use their in-depth experience & expertise for developing Innovative Engineering Solutions – E&I Electrical Designer, CADISON and Visio P&ID Process Designer, and make it possible for users to work with maximized productivity, less effort, minimal time and at affordable costs.

For more information, visit https://itandfactory.com/en/.