Tata Elxsi Partners with Arm

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BENGALURU, India, May 13, 2024 – Tata Elxsi, a global leader in technology and design services has collaborated with Arm, the global semiconductor design and software platform company, to offer advanced solutions on the latest Arm processors, which will help Automotive OEMs and Tier-1s fast track their transition to software-defined vehicles (SDVs).

Automotive architectures are evolving from a distributed and domain-based paradigm to SDV, which includes the use of high-performance computing (HPC). This evolution requires a strategic shift in software development, validation, and deployment philosophies. Tata Elxsi brings its extensive portfolio of SDV solutions through Tata Elxsi AVENIR, a SOAFEE-based software suite that enables the development, integration, building, testing, and deployment of applications entirely on the cloud with ease for OEMs and suppliers. Through this technology collaboration, Tata Elxsi will make this software suite available on the latest Arm Automotive Enhanced (AE) technology that will power the high-performance requirements of next-generation vehicles.

Tata Elxsi AVENIR includes a cloud-native development and validation environment, that enables seamless collaboration to develop and validate SDV functionalities, a Connected Digital Twin Framework, which enables easier adoption and management of digital twins and a pre-integrated subscription management software. This allows end users to subscribe to automotive features on demand.

“The automotive industry is being transformed by a massive increase in software and AI that demands more computing within the efficiency and safety constraints of the vehicle,” said Suraj Gajendra, vice president of products and solutions, Automotive Line of Business, Arm. “By bringing together its SDV solutions with Arm’s latest AE technology, Tata Elxsi is leveraging Arm’s efficient performance and safety leadership to accelerate software development cycles for next-generation vehicles.”

“Intelligent vehicles of the future will be powered by SDV, Data and AI, and it is critical that technology companies collaborate to overcome the growing complexities. We are committed to working with Arm to make Tata Elxsi AVENIR available on the latest generation of Arm cores, which will power future HPCs for SDV while fostering innovation and unlocking the benefits of scale,” said Shaju S, vice president & head, Transportation Business.

Tata Elxsi AVENIR integrated on Arm processors will provide automakers with a proven and ready-to-integrate SDV framework and modular software components that work seamlessly across Arm-based high-performance computing architectures and chips. This integration accelerates the “shift-left” in SDV development and validation processes, helping drastically cut down time-to-market and development risks.

About Tata Elxsi

Tata Elxsi is among the world’s leading design and technology services providers across industries, including automotive, broadcast, communications, healthcare, and transportation.

Tata Elxsi’s cloud-agnostic SDV development and validation solution, Tata Elxsi AVENIR, offers a scalable software service framework, which supports cloud-native development and vehicle edge platform deployment for vehicles. With Tata Elxsi AVENIR, applications can be seamlessly deployed as services through a sophisticated, service-oriented middleware layer, ensuring a streamlined and efficient deployment process. Through Tata Elxsi AVENIR, they are helping global OEMs realize their vision of Software-Defined Vehicles.

For more information, visit www.tataelxsi.com.

DGSHAPE Americas Announces 3DX Dental 3D Printer Bundle

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Powered by Roland DGA

IRVINE, CA, May 13, 2024 – Roland DGA’s DGSHAPE Americas dental business group has announced the addition of the 3DX Dental 3D printer Bundle, Powered by Roland DGA to its line of dental products and accessories. This bundle offers a reliable, full-service 3D printing solution at one affordable price, along with Roland DGA’s world-renowned customer service and support. Equipped with the 3DX bundle, dental businesses can produce a wide variety of products in-house quickly, easily, and cost-effectively, including dental models, dentures, provisional crowns and bridges, occlusal guards, surgical guides, custom clear retainers, and removable die fits.

The 3DX Dental 3D Printer Bundle, powered by Roland DGA includes the 3DXPRINT 3D printer (shown above), a 3DXWASH cleaning system, a 3DXCURE curing system, 3DXMODEL resin, and user-friendly software.

The 3DX bundle was created exclusively to complement DGSHAPE DWX wet and dry dental milling solutions. Its 3DXPRINT 3D printer incorporates state-of-the-art 4K LCD 3D print technology that provides fast, precise, and uniform production of 3D-printed dental applications, while the small footprint and high-quality output make it the ideal printing solution for dental laboratories and clinical offices of all sizes.

Within its compact housing, the 3DXPRINT features a large 190 x 120 x 180 mm build plate that offers a generous 40-square-inch surface, allowing users to print up to eight full-arches at one time – all with outstanding consistency and precision. Its print speed ranges from 10~50 mm per hour, depending on material layer thickness. In addition, its open-architecture platform is validated for use with resins from over 20 resin manufactures and more than 150 resins.

The 3DXPRINT’s durable, state-of-the-art design was developed through a 5-million-layer test process in real-time dental conditions to ensure the highest level of performance and reliability. Incorporating industrial-grade optical components further ensures an optimal product life cycle. It also features an automated cooling system (ACS) for ideal temperature maintenance.

“We are excited to offer this fast, precise, and affordable 3D printing solution to our customers,” said Roland DGA dental marketing manager Lisa Aguirre. “The 3DX bundle is a complete, advanced, easy-to-use 3D printing solution that perfectly complements our high-performance DWX milling machines. By integrating its capabilities into their workflows, businesses can optimize their production and offer same-day applications with outstanding uniformity and accuracy.”

The 3DX bundle comes complete with the 3DXPRINT 4K LCD 3D printer, 3DXWASH cleaning system, 3DXCURE curing system, and 3DXMODEL resin. In addition, it includes easy-to-use 3DXWORKS CAD design and slicing software, with no maintenance, update, or annual fees. 3DXPRINT is backed by Roland DGA’s unsurpassed one-year trouble-free warranty and support.

To learn more about the new 3DX bundle, visit http://www.rolanddga.com/3DXPRINT. For more information on the complete line of DGSHAPE dental milling solutions, visit https://www.rolanddga.com/dental.

About Roland DGA Corp. and DGSHAPE Americas

Roland DGA Corp. serves North and South America as the marketing, sales, distribution and service arm for Roland DG Corporation and its subsidiary, DGSHAPE. Founded in 1981 and listed on the Tokyo Stock Exchange, Roland DG of Hamamatsu, Japan is a worldwide leader in wide-format inkjet printers, engravers, photo impact printers and CNC milling machines. DGSHAPE Americas is the Roland DGA dental business group dedicated to the DGSHAPE line of products, most notable as a market leader in dental milling machines.

To learn more about Roland DGA Corp. and DGSHAPE Americas, visit https://www.rolanddga.com/dental.

About Roland DG Corp.

With the purpose of “To Empower Creativity and Excitement Worldwide,” Roland DG Corp. strives to bring new opportunities to society through digital solutions that make it easy for anyone to create things. The company’s inkjet printers and printer/cutters are widely used in a variety of visual communication fields, including signage and interior decoration. In the digital fabrication field, our inkjet printers, cutting machines, and 3D digital fabrication tools enable the personalization and customization of items tailored to individual customer needs. By adopting a high-mix, low-volume, on-demand approach, Roland DG aims to create new applications. Recently, Roland DG has further expanded the digital transformation frontier. The company provides a cloud-based service to enhance customers’ printing operations and profitability and a cloud-based production improvement solution offering the expertise of its proprietary production support system for small and medium-sized manufacturers.

To learn more about DGSHAPE Corp., visit www.dgshape.com.

Akribis Announces RDM-A Series Rod Motors

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Akribis Systems has announced a new addition to its varied motion control product line: RDM-A Series rod motors for space-constrained applications requiring high motor forces and smooth linear motion.

RDM-A Series rod motors are compact in size and feature a tubular design to distribute magnetic flux evenly along the circumference of the stator. With this approach, they achieve continuous forces from 2.1 to 137.8N and peak forces from 6.2 to 413.4N. An air gap between the coil and magnet track enables non-contact axial linear movement and steady force production over the length of the stroke, and ironless construction ensures cog-free motion. The result: high motor forces, smooth motion, efficiency and precision.

A multi-mover option allows single motor control over multiple movers on one track to simplify complex, multi-axis applications.

About Akribis Systems

Akribis Systems is a global designer and manufacturer of direct drive motors, stages, positioning systems and precision components for a wide range of industries. Akribis continually innovates and develops cutting-edge products that keep manufacturing, testing and inspection systems productive and reliable.

For more information, visit www.akribis-sys.com.

Emerson Announces AVENTICS Series 625 Sentronic Valves

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Emerson announced the new AVENTICS Series 625 Sentronic Proportional Pressure Control Valves. With a control deviation of less than 0.5%, the new valves are designed to deliver highly accurate, electronic proportional pressure control and provide the flexibility needed to support sophisticated pneumatic control engineering applications. Data acquisition software (DaS) software included with Series 625 Sentronic valves also make it possible to quickly startup, monitor and control valves directly on a PC.

Emerson AVENTICS Series 625 Sentronic valves and software provide flexible, precise control for high-precision manufacturing, ensuring efficient operations directly from your PC.

Four valve sizes from 1 millimeter up to 20 mm support a comprehensive range of flow rates, from 55 liters per minute to 4,700 l/min. Pressure capabilities range from vacuum levels up to 50 bar, which can reduce the overall number of valves required for a machine design. Housing material is available in brass, aluminum or stainless steel and sealing material in nitrile (NBR) or fluoroelastomer (FKM) options. There are also three sets of connectors, M12 5-pin, M12 8-pin and M16 7-pin.

As development and manufacturing phases continue to get shorter, fast startup procedures and reliable, controllable manufacturing processes are more important than ever. Using the DaS software, operators can diagnose, control, repair or individually configure valves. They can also perform cascade controls when applications require exceptional precision and other complex control loops. The expanded range of diagnostic and monitoring functions include input pressure, commanded pressure, internal temperature and ethernet communication.

To learn more about AVENTICS Series 625 Sentronic Proportional Pressure Control Valves, please visit www.emerson.com/en-us/catalog/automation/industrial-factory-automation/proportional-pressure-c ontrol-valves/aventics-625-en-gb.

About Emerson

Emerson, headquartered in St. Louis, MO (USA), is a global technology and engineering company providing innovative solutions for customers in industrial, commercial, and residential markets. Their Automation Solutions business helps process, hybrid, and discrete manufacturers maximize production, protect personnel and the environment while optimizing their energy and operating costs. Their Commercial and Residential Solutions business helps ensure human comfort and health, protect food quality and safety, advance energy efficiency, and create sustainable infrastructure.

For more information, visit www.emerson.com.

NVIDIA Results, Conf Call on May 22, 5PM ET

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NVIDIA will host a conference call on Wednesday, May 22, at 2PM PT (5PM ET) to discuss its financial results for the first quarter of fiscal year 2025, which ended April 28, 2024.

The call will be webcast live (in listen-only mode) on investor.nvidia.com. The company’s prepared remarks will be followed by a question-and-answer session, which will be limited to questions from financial analysts and institutional investors.

Ahead of the call, NVIDIA will provide written commentary on its first-quarter results from its CFO, Colette Kress. This material will be posted to investor.nvidia.com immediately after the company’s results are publicly announced at approximately 1:20PM PT.

The webcast will be recorded and available for replay until the company’s conference call to discuss financial results for its second quarter of fiscal year 2025.

About NVIDIA

NVIDIA is the world leader in accelerated computing. For more information, visit www.nvidia.com.

AREA Announces AR Safety Infographic

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BOSTON, MA, May 10, 2024 – Augmented Reality for Enterprise Alliance (AREA) announced the AR Safety Infographic, a new tool that explores the benefits and potential safety risks of using AR in the workplace. By carefully considering safety before deploying AR solutions, organizations may be able to avoid issues before they occur.

Each section contains the benefits and challenges of using AR and includes a summary to the left when it is clicked on. There is also a detailed page for the section when clicking the ‘LEARN MORE’ button to help you understand the benefits and potential risks and how to manage them.

“Our mission is to help companies in all parts of the AR ecosystem achieve greater operational efficiency through the smooth introduction and widespread adoption of interoperable AR-assisted enterprise systems,” said Mark Sage, executive director of the AREA. “Our AR Safety Infographic provides reliable guidance that makes the path to AR adoption surer, shorter, and smoother.”

The sections include:

AR Experience – integrates the digital and physical worlds seamlessly, and any interactions should feel like you are interacting within a real-world environment.

Cognition – Effective use of technology-based environments and augmented reality reduces cognitive load by scaffolding information and lessons’ contents

Sensory – Engaging in immersive experiences can offer many benefits, catering to personal growth, entertainment, education, and even therapeutic purposes.

Environmental – Augmented Reality has all the trapping to encourage sustainability in the energy sector; AR is being used to power renewable energy systems by providing a more detailed understanding of energy sources and their potential.

Physical – The most prevalent benefit is the AR headset experience, enabling users to see their physical surroundings while interacting with virtual assets. This allows not only safety for the user by seeing their surroundings but also mobility.

Devices & Accessories – Augmented Reality Devices encompass various hardware, each offering unique immersive experiences.

See the AREA website for member companies contributing to the AR Safety Infographic.

About the AR for Enterprise Alliance (AREA)

The AR for Enterprise Alliance (AREA) is the only global membership-funded alliance helping to accelerate the adoption of enterprise AR by supporting the growth of a comprehensive ecosystem. The AREA accelerates AR adoption by creating a comprehensive ecosystem for enterprises, providers, and research institutions. AREA is a program of Object Management Group (OMG).

For more information, visit the AREA website.

Velo3D Q1 Results, Conf Call on May 15, 5PM ET

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FREMONT, CA, May 10, 2024 – Velo3D, Inc., a leading additive manufacturing technology company for mission-critical metal parts, announced that it will release its first quarter 2024 financial results after the market close on Wednesday, May 15, 2024.

The company will host an earnings conference call and webcast to discuss its financial results at 2:00PM Pacific Time / 5:00PM Eastern Time the same day. The US dial-in for the call is (877) 704-2771 and (201) 689-8732 for non-US callers. Please ask to be joined to the Velo3D call.

The live webcast of the call can be accessed from the Events page of the Investor Relations section of Velo3D’s website at ir.velo3d.com, along with the company’s earnings press release and presentation which will be posted prior to the start of the conference call.

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, Aerojet Rocketdyne, Lockheed Martin, Avio, and General Motors. Velo3D has been named as one of Fast Company’s Most Innovative Companies for 2023.

For more information, please visit Velo3D.com.

Hexagon Appoints Tom Kurtz, Joe Nichols

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HUNTSVILLE, AL, May 10, 2024 – Hexagon’s Asset Lifecycle Intelligence division today announced the addition of Tom Kurtz and Joe Nichols to senior leadership roles, reinforcing its commitment to the expansion of the company’s enterprise asset management (EAM) and asset performance management (APM) solutions. Kurtz will serve as vice president, Portfolio Strategy for EAM; and Nichols will serve as vice president, Portfolio Strategy for APM.

Both executives will lead the continued growth and evolution of Hexagon’s EAM and APM solutions and further Hexagon’s vision of the Smart Digital Reality – where all data are digitally available, in one place, in real-time, with 360-degree context combining complete line-of-sight to every situation in an ever-changing world.

Their appointments come on the heels of Hexagon’s recent acquisition of Itus Digital, a leading APM provider that complements Hexagon’s HxGN EAM platform and its broader Hexagon portfolio of solutions. APM enhances the effectiveness of an Asset Lifecycle Intelligence strategy by providing real-time data, predictive insights and optimization opportunities, ensuring that assets are managed efficiently throughout their lifecycle.

“From the most complex facilities to the simplest tasks across a broad range of industries, customers rely on HxGN EAM, and now Itus Digital’s APM solutions, to provide valuable insights across the asset lifecycle,” said Mattias Stenberg, president, Hexagon’s Asset Lifecycle Intelligence division. “The addition of Tom and Joe will provide meaningful leadership to advance our EAM and APM solutions to drive greater value for our customers. Additionally, their leadership will be essential as Hexagon builds a Smart Digital Reality where data is leveraged to unlock more insights to provide transformational improvements in safety, quality, efficiency and productivity.”

Tom Kurtz served in several leadership positions at SAP. Most recently, Kurtz was vice president, Global Solution Lead, Asset and Service Management at SAP and managed SAP’s end-to-end portfolio for its EAM and field service management solutions. Prior to SAP, Kurtz held roles at Business Objects, Bravanta and Accenture. Kurtz holds a bachelor’s degree from Santa Clara (Calif.) University.

Joe Nichols was most recently co-founder and chief executive officer of Itus Digital until its acquisition by Hexagon in April 2024. Prior to founding Itus Digital, Nichols was chief operating officer and vice president of product strategy at GE following its acquisition of Meridium in 2016. Nichols started his career at Meridium, where he was responsible for driving the creation and go-to-market strategy for its market-creating asset performance management solutions. Nichols owns a degree in management of information systems from Radford (Va.) University.

HxGN EAM is an industry-leading asset management solution designed to extend asset lifecycles and improve productivity. With more than 30 years of experience and continuous innovation, HxGN EAM, and the addition of Itus Digital’s solutions, empowers organizations to evolve from EAM to Asset Performance Management (APM).

Its wide range of risk, condition, and reliability-based maintenance instruments, and applied technologies like AI and ML can deliver accurate, trusted data and strategic insights to drive better decision-making while ensuring policy compliance.

About Hexagon

Hexagon is the global leader in digital reality solutions, combining sensor, software and autonomous technologies. They are putting data to work to boost efficiency, productivity, quality and safety across industrial, manufacturing, infrastructure, public sector, and mobility applications.

Their technologies are shaping production and people related ecosystems to become increasingly connected and autonomous – ensuring a scalable, sustainable future.

Hexagon has approximately 24,500 employees in 50 countries and net sales of approximately 5.4bn EUR. Learn more at hexagon.com.

Bentley Q1 Revenue Up 9% to $338M with $70M Profit

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EXTON, PA, May 10, 2024 – Bentley Systems, Inc., the infrastructure engineering software company, announced results for its first quarter ended March 31, 2024. For the first quarter of 2024, the company reported revenue of $337.8M up 8.76% compared to $310.6M revenue of fourth quarter of 2023, with net income $70.3M.

CEO Greg Bentley said, “We are pleased with our 24Q1 performance, as year-over-year ARR growth of 11% (excluding China, 11.5%) is consistent with our recent financial outlook range for 2024. Profitability and operating cash flow started the year ahead of our expected pace, with subscription revenues (91% of total) fully on pace, although our digital integrator Cohesive’s professional services business unrelated to Bentley Systems software has declined significantly from 2023.

“Coinciding with our 40th anniversary observance, on March 21st in London we announced that COO Nicholas Cumins will succeed me as CEO on July 1st, as I take up the new role of Executive Chair. Through this generational transition we can perpetuate our characteristic steadiness, while cognizant that unprecedented opportunities presented by infrastructure digital twins could springboard, for Bentley Systems, transformative growth.”

COO Nicholas Cumins said, “I again thank the Board of Directors for entrusting me with the responsibility of following in Greg’s footsteps as CEO. With our singular focus on helping users improve infrastructure delivery and performance, Bentley is well positioned to address the infrastructure sectors’ biggest challenges, including the widening gap in engineering resource capacity. Our 24Q1 results are consistent with the trends we have seen in previous quarters, led by strong growth in Public Works / Utilities, and solid growth in Resources.”

CFO Werner Andre said, “We are pleased with the strong start to the year, which puts us in a good position to achieve our full-year outlook. Our strong 24Q1 operating margin and cash flow performance enabled us to de-lever by 0.5 times Adjusted EBITDA in the quarter, and by 1.7 times since the beginning of 2023. With all remaining debt protected from high or rising interest rates through very low fixed coupons on our convertible notes and our interest rate swap, we are well positioned to maintain our dividend, share repurchases, and programmatic M&A readiness.”

A complete chart of the financial results is available here.

About Bentley Systems

Bentley Systems is the infrastructure engineering software company. They provide innovative software to advance the world’s infrastructure – sustaining both the global economy and environment. Their industry-leading software solutions are used by professionals, and organizations of every size, for the design, construction, and operations of roads and bridges, rail and transit, water and wastewater, public works and utilities, buildings and campuses, mining, and industrial facilities. Their offerings, powered by the iTwin Platform for infrastructure digital twins, include MicroStation and Bentley Open applications for modeling and simulation, Seequent’s software for geoprofessionals, and Bentley Infrastructure Cloud encompassing ProjectWise for project delivery, SYNCHRO for construction management, and AssetWise for asset operations. Bentley Systems’ 5,200 colleagues generate annual revenues of more than $1 billion in 194 countries.

For more information, visit www.bentley.com.

Techman Robot Announces TM30S Robotic Arm

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Techman Robot announces the launch of the TM30S robotic arm. This state-of-the-art heavy payload AI collaborative robot (Cobot) is set to revolutionize the industry with its maximum payload capacity of 35kg, pushing the boundaries of what’s possible in automation.

TM30S

The TM30S is an extension of the TM AI cobot series, now catering to even higher payloads. With the ability to carry up to 35kg and boasting a reach of 1702mm across six joints, the TM30S offers the best “reach-to-weight” ratio compared to other cobots in the 30kg category. Its impressive reach, coupled with its robust carrying capacity, positions the TM30S as the ideal solution for palletizing applications.

Efficient AI Mixed case depalletizing with TM30S

TM30S stands out with its exceptional reach and heavy payload, surpassing other collaborative robots in its class. Equipped with built-in smart vision and a 3D camera. TM30S utilizes 3D and AI recognition technology to instantly detect the size and position information. This innovative technology allows the robot to arrange items without the need for pre-specified stacking patterns, handling complex scenarios like tilting, fitting, and tape wrapping, thus achieving efficient AI mixed case depalletizing.

Perfect for challenging heavy-duty automation

This robot’s versatility makes it ideal for a huge range of challenging tasks involving palletizing and packaging, massive pick-and-place jobs, material handling, and heavy machine tending. The TM30S particularly shines in specific applications such as semiconductor backend processes, which demand substantial manual labor for loading, unloading, and lifting wafer boxes that weigh up to 35 kilograms.

TM30S is a fully functional smart collaborative robot with powerful AI. It has smarter vision and peripheral software integration, and a more intuitive user interface. The TM30S leverages the next generation of AI to provide unprecedented automated production efficiency in smart manufacturing.

For more information, visit Techman Robot website.