Category Archives: Featured News

Mantle Raises $20M in Series C Funding

SAN FRANCISCO, CA, July 11, 2024 – Mantle, the leader in metal 3D printing technology for precision tooling, announced it has reached a significant milestone by securing $20 million in Series C funding. This achievement, raising the company’s total funding to more than $61.5 million, marks a crucial step towards widespread adoption of its precision metal manufacturing technology.

Mantle’s metal 3D printers are designed to deliver unparalleled efficiency, accuracy, surface finish, and tool steel properties, redefining the production of mold and die inserts. Tools made with Mantle’s technology have produced millions of parts, reducing both tooling lead times and costs. (Photo: Business Wire)

The Series C funding round will be critical in supporting Mantle’s rapid market expansion, scaling manufacturing to meet demand, and developing new capabilities and materials. Led by Schooner Capital, a Boston-based private investment firm, the round was also joined by the company’s largest existing investors, including Fine Structure Ventures, Foundation Capital, Corazon Capital, 11.2 Capital, and Build Collective.

“Mantle is poised to revolutionize the global tooling industry,” said Alexandra Manick, principal of Schooner Capital. “The company’s advanced manufacturing platform, TrueShape, is proven to deliver significant cost savings and, more importantly, unprecedented speed for its customers. This paradigm-shifting solution is readily adoptable and sorely needed to address persistent skilled labor shortages and accelerate product development timelines for industrial toolmakers and OEMs worldwide.”

Heyco Products, a US-based manufacturer of wire protection products and electrical components, has integrated Mantle technology into its advanced in-house molding and toolmaking capabilities. This move aims to reduce time-to-market for its products, enhance efficiency in its toolroom, and attract next-generation talent. The mold insert shown here was printed using Mantle’s metal 3D printing process to create a threaded cap. (Photo: Business Wire)

Reshoring Manufacturing with 3D Printing: A Path to Renewed Independence and Efficiency

The recent push towards reshoring manufacturing back to the United States has highlighted the urgent need for innovative solutions to address labor shortages while reducing costs and improving production efficiencies. Among the myriad of technologies attempting to step up to this challenge, metal 3D printing has emerged as a cornerstone, poised to redefine the future of American manufacturing.

“The fragile state of the global supply chain has triggered a massive reshoring initiative that sharply increased the demand for molded parts and thus toolmaking,” said Ted Sorom, CEO and co-founder of Mantle. “We’re navigating a twin set of hurdles: a toolmaking workforce in the US that has shrunk by half over the past quarter-century, coupled with the rising costs and extended lead times brought on by constrained toolmaking capacities. This has driven manufacturers to seek out groundbreaking solutions. For our innovative customers, the adoption of Mantle’s tooling technology has emerged as a key strategy to enhance labor productivity, cut expenses, and drastically shorten lead times.”

Easing Labor Scarcity of Toolmakers

Amid a severe labor shortage of toolmakers and skilled tradespeople plaguing the manufacturing industry—fueled by a workforce nearing retirement and a surging demand for the tooling essential for everyday products—manufacturers are turning towards automation and cutting-edge technology solutions to navigate these workforce obstacles.

Heyco Products, a US-based manufacturer of wire protection products and electrical components, deployed Mantle technology for its in-house molding and toolmaking capabilities.

“We purchased a Mantle system for two reasons: to reduce time-to-market for our products and to make our toolroom more efficient while attracting next-generation talent to Heyco,” commented Danny Anthony, Heyco’s vice president of operations. “By using Mantle to print mold tooling, we have already brought a new product to market two months faster than we would have otherwise. We also increased the throughput in our toolroom by giving our toolmakers access to the latest technology that makes them significantly more productive.”

General Pattern, a fourth-generation, woman-owned custom manufacturer specializing in low to medium plastic forming operations, has adopted Mantle’s advanced 3D printing technology to enhance the flexibility to build production tools at prototype lead-times and minimize the need to build entire tools by the toolmakers which significantly reduces costs, lead times, and labor. With Mantle’s technology, the company was able to produce a tool that not only saved 3.5 weeks of lead time but required just four active hours of toolmaker time.

“We pride ourselves in our commitment to staying at the forefront of technology. Tackling both the decline of next generation toolmakers and the relentless pace of industry demand, embracing Mantle’s metal 3D printing technology was not just a step towards innovation, it was a leap towards securing our legacy,” said Denny Reiland, third-generation CEO of General Pattern.

Positioned for Explosive Growth in Tooling Needs

After a year marked by double-digit growth in shipments, Mantle’s precision metal 3D printing technology is designed specifically to print injection mold tools, an application where other metal 3D printing methods have traditionally fallen short. This innovation slashes both the time and cost needed to fabricate high-quality molds and dies. The technology offers unmatched precision, surface finish, and metal properties while automating the tool production and reducing the dependence on scarce skilled labor.

Mantle’s innovative technology has played a crucial role in producing millions of end-use parts, ranging from medical devices and deodorant packaging to industrial components. By focusing on printing tools for mass production rather than the parts themselves, the company has tackled the longstanding issues of high costs and lengthy production times associated with tool creation for mass production. This strategic shift has resulted in cost reductions for customers exceeding 65 percent and accelerated manufacturers’ development cycles by up to 90 percent.

About Mantle

Mantle accelerates product development by simplifying how mold tool components are made. Mantle’s TrueShape metal 3D printing technology delivers the accuracy, surface finish, and tool steel properties required for demanding tooling applications. Tools made with Mantle’s technology have produced millions of parts while reducing tooling lead times and costs. Mantle is headquartered in San Francisco, CA.

To learn more, visit

CAD SCOUT 3Dfindit Browser Extension Announced

CINCINNATI, OH, July 10, 2024 – 3Dfindit offers a new free browser extension for download. The tool revolutionizes the search for parts online and prevents the creation of unnecessary parts.

The new CAD SCOUT 3Dfindit browser extension enables users to find component parts faster. The latest development from the CADENAS Innovation Lab elevates component searches for engineers, designers and planners to a new level. The free tool is now available in Google Chrome and Microsoft Edge, with other browsers to follow soon.

Find 3D CAD models anywhere on the web with a single click

Finding the right part can be a challenge for even the most experienced engineers. CAD SCOUT 3Dfindit saves you valuable time by increasing your search efficiency. When you find a component part on a website, CAD SCOUT displays matching component parts available in 3Dfindit, where you can easily download part files in more than 100 CAD, CAE, and BIM formats. That means no more tedious web searches on manufacturer websites. It also eliminates the need to create new components, by linking to the model in your account for easy reference.

How to use CAD SCOUT 3Dfindit?

  1. Install the extension from your browser’s Web store: Google Chrome or Microsoft Edge.
  2. When you are on a website that displays a part you are looking for, launch the tool via the extension button.
  3. Select one of the CAD SCOUT search results and download it directly in over 100 CAD, CAE, and BIM formats.

Extension from Google or Bing

CAD SCOUT can also complement your search in Google or Bing. Just enter your search term in the search bar and open the new browser extension. You will immediately receive detailed results for matching 3D models that are available on 3Dfindit.

Pro tip: Great addition to ENTERPRISE 3Dfindit

CAD SCOUT is free and quick to install. It is also easy for all ENTERPRISE 3Dfindit customers to use. Designers can use CAD SCOUT to take them to the company’s internal parts repository.

Contact to learn more.

About 3Dfindit

3Dfindit is the search engine for engineers, architects, and buyers to configure and download manufacturer-certified 2D/3D CAD, CAE, and BIM models in 100+ formats.

Find the part you need at

CADchat Updates Platform, Adds DXF Support

COLUMBIA, SC, July 10, 2024 – CADchat, the pioneer in digital workspaces for product development, is proud to announce a significant update to its platform with the introduction of powerful 2D CAD features: native DXF support. This latest innovation is set to transform how professionals in engineering, architecture, and beyond handle 2D CAD data, offering a seamless and efficient collaboration experience unlike any other.

CADchat allows users to collaborate on large and otherwise cumbersome DXF and other 2D CAD files.

Incorporating user feedback regarding the common pain points in traditional 2D CAD collaboration—such as slow rendering, cumbersome PDF workflows, and disjointed communication—CADchat has engineered a solution that integrates high-performance 2D CAD rendering directly into its digital workspaces via native DXF support. “We’ve seen how challenging it can be for teams to work with 2D drawings, especially when dealing with large files that bog down performance,” said Graham Bredemeyer, CEO of CADchat. “Our new features are designed to eliminate these obstacles, making collaboration instantaneous and seamless.”

CADchat’s layer navigation allows users to show, hide, and collaborate on specific portions of a 2D CAD file.

Key enhancements include:

  • High-Performance Rendering: CADchat bypasses the inefficiencies of PDFs by offering instant DXF rendering, dramatically speeding up the process of opening and interacting with complex drawings.
  • Real-Time User Interaction: Enhanced tools allow team members to see each other’s cursors and viewpoints in real time, ensuring clear communication and precise markups during collaborative sessions.
  • Advanced Markup Tools: Users can now engage with 2D drawings using a variety of markup tools such as pens, highlighters, sticky notes, and shapes, fostering more dynamic and effective feedback.
  • Threaded Discussions: Pinning comments to specific parts of a drawing initiates conversational threads right within the workspace, enhancing clarity and context.
  • Layer Navigation: Professionals can easily navigate through various layers of their DXF files, tailoring the visibility of each component to suit the task at hand.

“We’re already receiving an excellent response from our beta users,” added Bredemeyer. “From architects reviewing detailed floor plans to engineers revising complex machinery layouts, our platform supports a broad range of use cases, making it the tool of choice for industry leaders.”

The new 2D CAD features are integrated into CADchat’s existing framework, which means they are accessible within the same digital workspace used for 3D CAD and other project-related activities. This unified approach ensures that teams can switch between different types of content without losing the context of their work, thereby enhancing productivity and reducing time spent on project coordination.

CADchat’s commitment to continuous innovation is evident in its product roadmap, which includes future support for additional file formats like DWG and the ability to convert PDF files into high-fidelity 2D CAD files directly within the CADchat platform. “Even if all a user has is a PDF, we’re developing the capability to transform it on our servers into a renderable 2D CAD format, providing the same seamless experience as with native DXF or DWG files,” said Bredemeyer.

This functionality is anticipated to revolutionize how teams manage and interact with existing documentation, significantly simplifying the transition from traditional file formats to advanced CAD workflows. While this feature is currently in development and projected for future release, it signifies CADchat’s proactive approach to addressing the evolving needs of the industry.

About CADchat

CADchat is dedicated to revolutionizing the way teams collaborate on physical product development. By integrating advanced technological tools with user-friendly interfaces, CADchat offers secure, persistent, and interactive digital workspaces that support a multitude of design and development tasks across various industries.

For more information, visit

BlackPearl Technology Introduces Zephyr

THE WOODLANDS, TX, July 9, 2024 – BlackPearl Technology, Inc. has announced the release of the Zephyr, an ultra-low-power, Class 1 Division 1, 11 sensors-in-1 wireless instrument gauge that redefines the boundaries of data acquisition in diverse industrial applications.

Key Features and Benefits

  • 11 Sensors-in-1: Zephyr integrates (2) onboard sensors—a temperature sensor and IMU with an accelerometer—and supports (9) external, hardware-configurable sensor inputs including 4-20mA sensors, voltage input sensors, strain gauge sensors, thermocouples, and more.
  • Comprehensive Wireless Connectivity: The Zephyr supports Bluetooth, Wi-Fi (2.4GHz and 5GHz), 900MHz Mesh Networking, and LoRaWAN for seamless integration with any network or existing system.
  • Ultra Low-Power: With an ultra-low-power design, the Zephyr can run on battery power for up to 3 years, making it ideal for remote and long-term monitoring applications.
  • Secure Data Management: The Zephyr comes standard with encryption technology to secure data and onboard storage and ensure confidentiality.
  • Rugged and Reliable: Housed in a Class 1 Division 1, explosion-proof enclosure, the Zephyr is built to thrive in harsh industrial environments.
  • Extensive Protocol Support: The Zephyr supports most machine-to-machine communication protocols for easy integration with existing systems and infrastructure.
  • Ready Availability: The Zephyr is proudly made in North America resulting in quick delivery and high-quality craftsmanship.

“The Zephyr embodies a revolution in industrial wireless data acquisition,” said David Smith, co-founder & VP of Innovation at BlackPearl Technology, Inc. “With its all-in-one design, ultra-low-power consumption, and robust connectivity options, the Zephyr is the ultimate solution for industrial businesses seeking uninterrupted data integration and reliable performance. This launch sets a new standard for operational efficiency and safety in hazardous environments.”

This announcement follows closely on the heels of BlackPearl’s latest innovation launch—BlackDAQ, a modular, all-in-one data acquisition system engineered for the harshest industrial environments. Introduced with features like expansive connectivity options, rugged industrial design, and advanced data processing capabilities, BlackDAQ complements the Zephyr by providing a flexible and comprehensive solution for seamless data acquisition, processing, and transfer.

For more information and specifications, or to download the data sheet, please visit

About BlackPearl Technology, Inc.

Headquartered in The Woodlands, TX, BlackPearl Technology is a leading provider of innovative IIoT solutions for industries worldwide. Specializing in engineering, manufacturing, and client services, the BlackPearl ecosystem supports the entire product design and development lifecycle from conception to full-scale manufacturing.

The BlackPearl team of skilled electrical, mechanical, software, and firmware engineers is dedicated to bringing innovative ideas to life. By leveraging the latest technology, BlackPearl develops reliable solutions that solve problems and enhance operational processes. All design and development work is conducted in North America.

For more information, visit

EON Reality Announces EON Spatial IQ

IRVINE, CA, July 9, 2024 – EON Reality, the world leader in augmented and virtual reality-based knowledge and skills transfer for industry and education, announced a groundbreaking advancement in 3D annotation technology. The company’s new EON Spatial IQ feature is set to transform how industries interact with and learn from 3D environments.

EON Spatial IQ utilizes advanced AI to automatically generate highly accurate annotations for 3D models, 360-degree environments, and even physical spaces. This innovation addresses a long-standing challenge in the industry, dramatically reducing the time and effort required to create detailed, interactive 3D simulations.

“For years, the XR industry has grappled with the complexities of annotating 3D environments efficiently,” said Dan Lejerskar, chairman at EON Reality. “Our new technology doesn’t just solve this problem—it opens up entirely new possibilities for training, simulation, and knowledge transfer across a wide range of industries.”

Key features of EON Spatial IQ include:

  1. Automatic annotation generation from a single image or scan
  2. Seamless integration with 3D models, 360-degree environments, and physical spaces
  3. Enhanced capabilities for skill simulation, incident recreation, and standard operating procedures
  4. Improved interaction between AI avatars and 3D objects for intuitive, show-and-tell learning experiences

This breakthrough is expected to have far-reaching implications for industries such as manufacturing, healthcare, aerospace, and education, where high-fidelity simulations are crucial for training and operations.

EON Reality plans to release EON Spatial IQ by the end of July 2024, marking a significant milestone in the company’s mission to make knowledge transfer more accessible and effective through XR technologies.

About EON Reality

EON Reality is a global leader in Augmented and Virtual Reality-based knowledge transfer for industry and education. EON Reality’s immersive platform powers the creation of interactive and engaging training, education, and performance applications. With EON-XR, users can create, share, and experience content that enhances learning outcomes and operational performance. For more information about EON Reality and the latest EON-XR product release, please visit

EON Reality Announces Adaptive Learning Paths

IRVINE, CA, July 9, 2024 – EON Reality, the world leader in augmented and virtual reality-based knowledge and skills transfer for industry and education, announced a groundbreaking enhancement to its EON-XR platform, Adaptive Learning Paths. It is a revolutionary feature that personalizes the educational journey for each user, marking a significant leap forward in experiential learning technology.

This new functionality builds upon EON Reality’s existing suite of products, which includes EON-XR for creating extended reality experiences and EON-AI for generating comprehensive learning content. The Adaptive Learning Paths feature takes personalized education to the next level by tailoring the learning experience to each individual’s knowledge, goals, and progress.

Key features of the Adaptive Learning Paths include:

  • Personalized Learning Progression: Automatically generates a customized series of lessons based on the user’s profile and initial knowledge assessment.
  • Multi-Level Content: Offers lessons across various difficulty levels, from beginner to expert, ensuring learners are always appropriately challenged.
  • Dynamic Path Adjustment: Continuously calibrates the learning path based on user performance and feedback, ensuring optimal knowledge acquisition.
  • Comprehensive Topic Coverage: Utilizes advanced knowledge mapping to ensure thorough understanding of chosen subjects.
  • Flexible Learning Options: Allows users to focus on specific skills or follow recommended sequences, catering to diverse learning preferences.

“With Adaptive Learning Paths, we’re not just creating lessons; we’re crafting personalized educational journeys,” said Dan Lejerskar, founder of EON Reality. “This technology represents a paradigm shift in how knowledge is transferred, making learning more efficient, engaging, and tailored to individual needs.”

The new feature integrates seamlessly with EON Reality’s existing XR and AI technologies, leveraging immersive environments, 3D models, and interactive simulations to enhance the learning experience. It’s designed to benefit a wide range of users, from K-12 students to corporate trainees and higher education learners.

EON Reality’s Adaptive Learning Paths are set to transform various sectors, including education, corporate training, and professional development. The technology is now available as part of the EON-XR platform, with ongoing updates planned to further refine and expand its capabilities.

About EON Reality

EON Reality is a global leader in Augmented and Virtual Reality-based knowledge transfer for industry and education. EON Reality’s immersive platform powers the creation of interactive and engaging training, education, and performance applications. With EON-XR, users can create, share, and experience content that enhances learning outcomes and operational performance.

For more information, please visit

EON Reality Releases EON-XR 10.2

IRVINE, CA, July 9, 2024 – EON Reality, the world leader in augmented and virtual reality-based knowledge and skills transfer for industry and education, has announced the release of EON-XR 10.2. This latest update delivers groundbreaking enhancements and features that significantly elevate the capability and interactivity of immersive learning experiences.

EON-XR 10.2 introduces a series of transformative features that are already revolutionizing how instructors and students engage with material in XR:

  • EON SoftSkills
    The EON SoftSkills module just became even more powerful with the integration of the sophisticated GPT-4o (Omni) language model, providing:
    • A marked increase in response times—now 2-5x faster.
    • Highly engaging AI Roleplay Avatars for lifelike training scenarios.
    • Advanced and accurate assessment capabilities to measure soft skill proficiency.
  • EON-XR Portal
    This new portal serves as your springboard into the world of custom AI Assistants. Create and edit AI entities that can interact naturally within both physical and virtual spaces.
  • Express Creation
    Turn any static image into a complete, interactive lesson in moments with our innovative Express Creation feature. It’s never been this easy or fast to build an XR lesson from just an image!
  • EON AI Ready
    EON Reality listened to user feedback and improved the editing features in EON AI Ready. Now you can easily swap out AI-generated 3D objects or 360° environments without losing your annotations, making the editing process faster and more efficient.
  • AI-Generated 360 Environments
    Experience our breathtakingly realistic new 360 environments, with superior realism, higher quality, better control, and native 6K resolution, courtesy of Blockade Labs’ Model 3. Your educational and training simulations will reach new heights of immersion.
  • Automatic Collision Detection
    Our latest feature ensures that 3D simulations adhere to real-world physics, preventing unrealistic walkthroughs and interactions within virtual settings.

“These features showcase EON Reality’s dedication to not only meet the current demands of XR technology but to anticipate and shape the future of immersive education,” said Dan Lejerskar, Chairman of EON Reality. “With EON-XR 10.2, we are bringing the power of advanced AI and immersive environments to the fingertips of educators and learners across the globe.”

Complete with numerous bug fixes and user experience improvements, the EON-XR 10.2 release is setting a new standard in the industry. Educators, trainers, and XR enthusiasts now have new tools at their disposal to create deeply engaging and effective teaching and learning environments.

View the full release notes and explore the new features in the EON-XR Release Notes 10.2.

About EON Reality

EON Reality is a global leader in Augmented and Virtual Reality-based knowledge transfer for industry and education. EON Reality’s immersive platform powers the creation of interactive and engaging training, education, and performance applications. With EON-XR, users can create, share, and experience content that enhances learning outcomes and operational performance.

For more information, please visit

3D Systems Partners with Precision Resource

ROCK HILL, SC and SHELTON, CT, July 9, 2024 – 3D Systems, a leading additive manufacturing solutions provider, and Precision Resource, a leader in the production of critical components for the automotive, heavy-duty, aerospace, and medical device industries, announced they have entered a strategic partnership to scale and accelerate additive manufacturing. Combining both organizations’ deep applications expertise with 3D Systems’ Direct Metal Printing (DMP) platform will enable a faster path to market for applications in high-criticality industries. As part of this agreement, Precision Resource is purchasing two 3D Systems DMP Flex 350 Dual 3D printers to be part of the manufacturing workflow in its AS9100-certified Huntington Beach, California facility. The seamless integration of 3D Systems’ industry-leading DMP technology into Precision Resource’s production value processes, complemented by 5-axis machine centers and advanced inspection systems, will expand its portfolio of precision metal forming processes – offering new solutions to meet the evolving needs of Precision Resource’s customers and open new markets for the company.

3D Systems’ DMP Flex 350 platform is designed for flexible application use from application development to serial production.

Engineers from 3D Systems’ Application Innovation Group (AIG) partnered with the Precision Resource team to develop this solution. Both teams possess deep expertise in metal manufacturing processes as well as in high-value applications across a variety of industries. This engineering expertise combined with 3D Systems’ DMP technology, and Precision Resource’s extensive secondary finishing capabilities resulted in an efficient and robust, end-to-end manufacturing solution for AM parts to meet the performance needs of high criticality components and solve lingering supply chain issues through vertical integration.

3D Systems’ DMP Flex 350 platform is designed for flexible application use from application development to serial production. The quick swap build modules and fast powder recycling help accelerate production, and a central server manages print jobs, materials, settings, and maintenance to facilitate the 24/7 productivity. Due to the unique vacuum chamber concept of the DMP Flex 350 printers, argon gas consumption is heavily reduced while delivering best-in-class oxygen purity (<25 ppm) resulting in exceptionally strong parts of high chemical purity, better metallurgical properties, and exceptional surface finish. The printer also includes 3DXpert software that supports every step of the additive manufacturing workflow from design to post-processing, to quickly and efficiently transition from a 3D model to successfully printed parts.

“We are excited to partner with 3D Systems, a company that shares our dedication to excellence and innovation,” said Chris Gratton, general manager, Precision Resource. “This partnership allows us to leverage the latest advancements in metal additive manufacturing, further positioning Precision Resource at the forefront of technological progress. This expansion into metal additive printing underscores Precision Resource’s ongoing commitment to providing exceptional value to our clients, customers, partners, and stakeholders. As we embark on this exciting new chapter, we remain dedicated to our mission of excellence and continuous improvement.”

“Manufacturing parts for high-criticality industries require precision without compromise,” said Jeph Ruppert, vice president, technical business development, 3D Systems. “Companies focusing on these areas require constant innovation to meet the accuracy, speed, reliability, and productivity demands of increasingly complex production. Bringing together the industry-leading technology and applications expertise of 3D Systems and Precision Resource will deliver increased quality, improved total cost of ownership, reduced time to market, and minimized supply chain disruption. I’m looking forward to seeing how our collaboration can amplify and accelerate the potential of metal AM.”

About 3D Systems 

More than 35 years ago, 3D Systems brought the innovation of 3D printing to the manufacturing industry. 3D Systems’ solutions address a variety of advanced applications in healthcare and industrial markets such as medical and dental, aerospace & defense, automotive, and durable goods.

More information on the company is available at

About Precision Resource

Precision Resource is a global leader in fineblanking technology for the automotive, heavy-duty, aerospace, and medical device industries. Founded as a tool shop in 1947, the company has developed into one of the world’s largest and most advanced suppliers of fineblanked components. Additionally, Precision Resource supports their customers with precision CNC machined components, complex assemblies, and now also metal 3D printed components. Precision Resource operates eight production facilities in the United States, Canada, Mexico, China, and Slovenia.

More details about the company are available at

Altair Named Samsung Advanced Foundry Ecosystem Partner

SEOUL, South Korea, July 9, 2024 – Altair a global leader in computational intelligence, has been selected as an electronic design automation (EDA) partner for the Samsung Advanced Foundry Ecosystem (SAFE).

Through this collaboration, Altair and Samsung Electronics will combine Altair’s comprehensive EDA technology with Samsung Foundry’s manufacturing capabilities to establish a more innovative, more efficient semiconductor design and production process.

“Integrated design and verification solutions are a key element in the semiconductor industry, which demands fast, high-quality production,” said Doha Kim, country manager, Altair Korea. “By providing various design and verification solutions, Altair supports collaboration within the ecosystem, including with Samsung Foundry, design houses, and fabless companies, to enhance productivity and quality.”

Altair was selected as a SAFE EDA partner for its diverse technological capabilities in providing various solutions needed for semiconductor design and verification, including silicon debugging tools. These solutions are used to meet and verify various design requirements for foundry customers by providing chip design, analog circuit verification, production process simulation, and rapid debugging technology.

Among these solutions is Altair FlowTracer, a visualization platform for digital circuit design flow that facilitates problem identification and resolution for library and process design kit (PDK) users through visualization. Additionally, it standardizes complex multi-structure design flows, enabling efficient management of semiconductor design and verification processes.

Within the partnership, Altair also plans to offer integrated solutions including high-performance computing (HPC) resource management, AI-based meta-scheduling technology, and data analytics solutions. Together, both companies aim to enhance market responsiveness and product development competitiveness to quickly handle large amounts of data.

For more information, visit

About Altair

Altair is a global leader in computational intelligence that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI. Altair enables organizations across all industries to compete more effectively and drive smarter decisions in an increasingly connected world – all while creating a greener, more sustainable future.

To learn more, please visit

SLB, TotalEnergies Announce 10-Year Partnership

LONDON, UK, July 8, 2024 – SLB and TotalEnergies announced a 10-year partnership to co-develop scalable digital solutions for enabling access to energy resources, with improved performance and efficiency. The partnership establishes a flexible framework for the companies to work together on addressing key challenges across the energy value chain, including carbon capture, utilization, and sequestration (CCUS).

The companies will integrate advanced digital capabilities, including artificial intelligence (AI), with new and existing applications on SLB’s extensible Delfi digital platform, adhering to the Open Group’s OSDU® Technical Standard. SLB and TotalEnergies will combine digital and domain expertise to accelerate the development and deployment of digital solutions at scale. The co-development will benefit TotalEnergies’ global operations and SLB’s worldwide customer base.

“Collaboration and knowledge sharing are key for our industry to continuously develop more effective ways of unlocking energy access,” said Rakesh Jaggi, president of SLB’s Digital & Integration business. “With this visionary partnership, we’re combining the know-how and expertise of both companies to accelerate the delivery of new digital capabilities that will benefit the whole industry.”

The partnership will initially focus on subsurface digital solutions for reservoir engineering and geoscience modeling and interpretation, leveraging Delfi on-demand reservoir simulation (ODRS). These processes will be accelerated and automated using AI and real-world learnings from both companies.

“Through this digital partnership we will develop cutting-edge next-generation software, digital applications and new algorithms applied to geoscience. Thanks to these innovative modeling technologies, we will not only be better able to utilize the analyses of geological reservoirs and basins in the Oil & Gas sector to reduce emissions but also to make further progress in geological carbon storage,” said Namita Shah, president, OneTech at TotalEnergies.

About SLB

SLB is a global technology company that drives energy innovation for a balanced planet. With a global footprint in more than 100 countries and employees representing almost twice as many nationalities, we work each day on innovating oil and gas, delivering digital at scale, decarbonizing industries, and developing and scaling new energy systems that accelerate the energy transition.

For more information, visit

About TotalEnergies

TotalEnergies is a global integrated energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Their more than 100,000 employees are committed to provide as many people as possible with energy that is more reliable, more affordable and more sustainable. Active in about 120 countries, TotalEnergies places sustainability at the heart of its strategy, its projects and its operations.