CNC

Hitachi-LG Data Storage to Sell SK hynix Heat Sink for PlayStation 5 with Exclusive Promotion

Retrieved on: 
Monday, January 22, 2024
TIM, M.2 SSD, Amazon, SSD, Thermal interface material, CNC, PlayStation 5, P41, Hitachi-LG Data Storage, PlayStation, Video game

SEOUL, South Korea, Jan. 22, 2024 /PRNewswire/ -- January 22, Hitachi-LG Data Storage Inc., SK hynix 's global distributor and manufacturing partner, is set to launch the new "Haechi H01" heat sink designed specifically for the PlayStation 5.

Key Points: 
  • SEOUL, South Korea, Jan. 22, 2024 /PRNewswire/ -- January 22, Hitachi-LG Data Storage Inc., SK hynix 's global distributor and manufacturing partner, is set to launch the new "Haechi H01" heat sink designed specifically for the PlayStation 5.
  • This innovative heat sink aims to maximize the cooling performance of the high-performance P41 internal SSD, developed by SK hynix.
  • It boasts a heat dissipation area approximately 2.3 times larger than that of a standard M.2 SSD heat sink.
  • Additionally, Hitachi LG Data Storage plans to introduce a PlayStation 5 Slim-specific M.2 SSD heat sink from SK hynix in the near future.

CENTENE CORPORATION ANNOUNCES APPOINTMENT OF MICHAEL A. CARSON AS PRESIDENT AND CHIEF EXECUTIVE OFFICER OF ITS MEDICARE BUSINESS

Retrieved on: 
Monday, January 22, 2024
Shared services, Medicaid, Health, Rich, Knowledge, Medicare, Operation, Business administration, University, CNC, Ecosystem, Growth, Centene Corporation, Harvard Pilgrim Health Care, Air force, Advisory board, Management

ST. LOUIS, Jan. 22, 2024 /PRNewswire/ -- Centene Corporation (NYSE: CNC), a leading healthcare enterprise committed to helping people live healthier lives, today announced two appointments. Michael A. Carson joins Centene as President and Chief Executive Officer (CEO) of its Medicare business, Wellcare. Mr. Carson will be responsible for Medicare business performance, strategy and growth and will report to Centene President Ken Fasola. Carson succeeds Richard Fisher, who has been appointed to the Operations leadership team under Centene Chief Operating Officer Susan Smith. Mr. Fisher will have responsibility for key financial and operational processes across Shared Services, as well as lead enterprise development, management and optimization of Centene's key vendor partnerships.

Key Points: 
  • Michael A. Carson joins Centene as President and Chief Executive Officer (CEO) of its Medicare business, Wellcare .
  • Mr. Carson will be responsible for Medicare business performance, strategy and growth and will report to Centene President Ken Fasola.
  • Carson succeeds Richard Fisher, who has been appointed to the Operations leadership team under Centene Chief Operating Officer Susan Smith.
  • Mr. Carson also served as the CEO of Bright Health Plan and as the President and CEO of Harvard Pilgrim Health Care.

Hitachi-LG Data Storage to Sell SK hynix Heat Sink for PlayStation 5 with Exclusive Promotion

Retrieved on: 
Monday, January 22, 2024
TIM, M.2 SSD, Amazon, SSD, Thermal interface material, CNC, PlayStation 5, P41, Hitachi-LG Data Storage, PlayStation, Video game

SEOUL, South Korea, Jan. 22, 2024 /PRNewswire/ -- January 22, Hitachi-LG Data Storage Inc., SK hynix 's global distributor and manufacturing partner, is set to launch the new "Haechi H01" heat sink designed specifically for the PlayStation 5.

Key Points: 
  • SEOUL, South Korea, Jan. 22, 2024 /PRNewswire/ -- January 22, Hitachi-LG Data Storage Inc., SK hynix 's global distributor and manufacturing partner, is set to launch the new "Haechi H01" heat sink designed specifically for the PlayStation 5.
  • This innovative heat sink aims to maximize the cooling performance of the high-performance P41 internal SSD, developed by SK hynix.
  • It boasts a heat dissipation area approximately 2.3 times larger than that of a standard M.2 SSD heat sink.
  • Additionally, Hitachi LG Data Storage plans to introduce a PlayStation 5 Slim-specific M.2 SSD heat sink from SK hynix in the near future.

Canada Nickel Announces Corporate Updates

Retrieved on: 
Friday, January 19, 2024
Taykwa Tagamou Nation, Aborigine, Mining, CNC, TTN, Deutsche Bank, Sale, Scotiabank, TSX Venture Exchange, News

The loan will carry an interest rate of 1.25% per month for the extension period.

Key Points: 
  • The loan will carry an interest rate of 1.25% per month for the extension period.
  • Under one of the agreements, the Company agreed to grant to the vendor a 2.0% net smelter returns royalty on the applicable claims.
  • Canada Nickel has further agreed to issue 100,000 common shares to Taykwa Tagamou Nation ("TTN") pursuant to the terms of the exploration agreement between Canada Nickel and TTN (the "TTN Exploration Agreement") and 100,000 common shares to Apitipi Anicinapek Nation ("AAN") pursuant to the terms of the exploration agreement between Canada Nickel and AAN (together with the TTN Exploration Agreement, the "Exploration Agreements"), in each case in respect of the Company's regional properties surrounding its Crawford project.
  • The Exploration Agreements continue important relationships through which Canada Nickel recognizes and respects the Aboriginal and Treaty rights of TTN and AAN while engaged in exploration activities on the Company's properties.

Motion Control Market size to increase by USD 5.20 billion during 2022-2027, Integration of motion control systems with digital drives to drive the growth - Technavio

Retrieved on: 
Thursday, January 18, 2024
Robotics, CNC, Parker Hannifin, HMI, Competition, Motion planning, Mobile robot, Growth, Moog Inc., Semiconductor, User interface, Actuator, EtherCAT, Encoder, Mitsubishi Electric, Schneider Electric, Permanent magnet motor, Numerical control, Industrial Ethernet, Servomotor, Automation, Industrial, Programmable logic controller, Metal, Torque, Intelligence, Electronics, AC, Rockwell Automation, ABB, YOY, USD, Linearity, Free, SCADA, Nature, Electronic

NEW YORK, Jan. 18, 2024 /PRNewswire/ -- The motion control market size is expected to grow by USD 5.20 billion between 2022 and 2027.

Key Points: 
  • NEW YORK, Jan. 18, 2024 /PRNewswire/ -- The motion control market size is expected to grow by USD 5.20 billion between 2022 and 2027.
  • The integration of motion control systems with digital drives boosts market growth.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.
  • Machine Vision Systems, Positioning Systems, Acceleration, and Deceleration Control, Motion Amplifiers, and Torque Control Systems contribute to comprehensive motion solutions.

Bantam Tools Acquires Evil Mad Scientist to Accelerate Development of Next Generation Art and Handwriting Machines

Retrieved on: 
Wednesday, January 17, 2024
Student, Windell, Multimedia, Friends, Documentation, CNC, Love, Acquisition, Drawing, Make, 3D printing

PEEKSKILL, N.Y., Jan. 17, 2024 /PRNewswire-PRWeb/ -- Bantam Tools, the desktop CNC manufacturer that builds exceptional computer controlled machines for innovators, is excited to announce the acquisition of Evil Mad Scientist, the designer and manufacturer of popular computer-controlled drawing and handwriting machines that provide versatile solutions to artists and educators. Dr. Windell Oskay and Lenore Edman, co-founders of Sunnyvale, California, based Evil Mad Scientist, will move to Peekskill, New York, headquarters of Bantam Tools, as CTO and COO overseeing technical development and operations.

Key Points: 
  • Bantam Tools, the desktop CNC manufacturer, acquires Evil Mad Scientist, the designer and manufacturer of popular computer-controlled drawing and handwriting machines.
  • "We are excited to announce the acquisition of Evil Mad Scientist and its amazing art machines," said Bre Pettis, CEO of Bantam Tools.
  • As developers of popular drawing and handwriting machines, the acquisition of Evil Mad Scientist will expand offerings at Bantam Tools to include art machines, in addition to the high-precision Bantam Tools Desktop CNC Milling Machines.
  • The next generation of Bantam Tools art machines that Dr. Windell Oskay and Lenore Edman are helping to develop will be marketed under the Bantam Tools NextDraw™ brand.

Xaba Closes $2 Million Seed Extension to Deliver Intelligent, Self-programming Robotic Systems for Manufacturing

Retrieved on: 
Tuesday, January 9, 2024
Data Management, Technology, Other Technology, Software, Networks, Artificial Intelligence, MIG, Artificial intelligence, TIG, Physics, BDC, AI, CNC, Algorithm, Welding, Acquisition, Cognition, Cobot, Lockheed Martin, Robotics

The funding round was led by BDC Capital’s Deep Tech Venture Fund with participation from Hitachi Ventures and existing investor Hazelview Ventures .

Key Points: 
  • The funding round was led by BDC Capital’s Deep Tech Venture Fund with participation from Hitachi Ventures and existing investor Hazelview Ventures .
  • The investment will be used to establish and staff a new robotics lab and accelerate the delivery of two Xaba manufacturing platforms.
  • Xaba is augmenting industrial robots and cobots with xCognition, an artificial intelligence (AI)-powered software solution.
  • xCognition leverages innovative proprietary machine learning algorithms to model the elasto-mechanical-dynamic behavior of industrial robotics and cobots, as well as workpiece variances.

Italian Industrial Automation Market Analysis and Forecast to 2028 - A $13.46 Billion Market by 2028, Influenced by AI and IIoT Trends

Retrieved on: 
Friday, January 12, 2024
PLC, Architecture, Mechanics, Metallurgy, Component, Plastic, DCS, CNC, Robotics, Distribution, Automation, HMI, Cement, Welding, Blockchain, Control System, Original equipment manufacturer, Industrial, Quality control, Market, Industrial internet of things, Internet, SCADA, Control, Mobile robot, Wood, Butterfly valve, Growth, Consumer electronics

The demand for industrial robots in the Italian industrial automation market is escalating as industries seek to automate repetitive and labor-intensive tasks.

Key Points: 
  • The demand for industrial robots in the Italian industrial automation market is escalating as industries seek to automate repetitive and labor-intensive tasks.
  • The growth of OEMs in the Italian industrial automation market is driven by their integral role in providing end-to-end automation solutions.
  • The increase in the annual installation of industrial robots significantly contributes to the growth of the industrial automation market.
  • The impact of the Industrial Internet of Things (IIoT) on the growth of the industrial automation market is profound.

Canada Nickel Receives Equity Investment from Samsung SDI

Retrieved on: 
Friday, January 12, 2024
Life, Partnership, Car, ESS, CNC, Samsung, Indian stock exchange, TSX Venture Exchange, Semiconductor, Mobile phone

Samsung SDI to invest US$18.5 million and acquire approximately 15.6 million shares of Canada Nickel, becomes an 8.7% shareholder

Key Points: 
  • Samsung SDI to invest US$18.5 million and acquire approximately 15.6 million shares of Canada Nickel, becomes an 8.7% shareholder
    TORONTO, Jan. 12, 2024 /PRNewswire/ - Canada Nickel Company Inc. ("Canada Nickel" or the "Company") (TSXV: CNC) (OTCQX: CNIKF) is pleased to announce that the Company has entered today into a Subscription Agreement with Samsung SDI Co., Ltd. ("Samsung SDI") to make a US$18.5 million investment in Canada Nickel at a price of C$1.57 per Common Share.
  • Upon closing of the private placement contemplated in the Subscription Agreement, Samsung SDI will own approximately 15.6 million shares of the common shares of Canada Nickel, representing approximately 8.7% of the Company's issued and outstanding shares on a non-diluted basis.
  • "We are very pleased to welcome Samsung SDI as an investor and project partner with Canada Nickel," said Mark Selby, CEO of Canada Nickel.
  • "We are pleased to partner with Canada Nickel through this opportunity," said Ikhyeon Kim, Executive Vice President of Samsung SDI.

CADDi Partners with Hilltop Technology Laboratory, Inc. to Solve Industry Challenges with CADDi Drawer Implementation

Retrieved on: 
Tuesday, January 9, 2024
Data management, Knowledge, Partnership, CNC, Algorithm, Intuition, Senior, Drawing, Growth, Sales

CHICAGO, Jan. 9, 2024 /PRNewswire/ -- CADDi Inc., a global procurement solutions provider for the manufacturing industry, announced a strategic partnership with HILLTOP TECHNOLOGY LABORATORY INC, a manufacturing service provider specializes in rapid, precision prototyping using advanced CNC machining technology. This partnership marks a significant milestone as HILLTOP TECHNOLOGY adopts CADDi Drawer, an AI-enabled drawing management system designed to revolutionize efficiency and productivity.

Key Points: 
  • This partnership marks a significant milestone as HILLTOP TECHNOLOGY adopts CADDi Drawer, an AI-enabled drawing management system designed to revolutionize efficiency and productivity.
  • Recognizing these challenges as common roadblocks in the manufacturing sector, CADDi stepped in to implement CADDi Drawer.
  • CADDi Drawer was designed to address these challenges head-on," said Yushiro Kato, co-founder and CEO of CADDi.
  • With a strategic decision to partner with CADDi and integrate CADDi Drawer into its operations, HILLTOP TECHNOLOGY LABORATORY aims to streamline its quoting processes and optimize drawing data management.