IAI

The Armored Group, LLC Receives Significant Order to Provide 4x4 Light Armored Vehicles “AMITAY” from the Israeli Ministry of Defense

Retrieved on: 
Monday, June 13, 2022

The Armored Group, LLC (the Company or TAG) today announced that it received a significant order to provide 4x4 Light Armored Vehicles in a project called AMITAY from the NYC based mission of the Israeli Ministry of Defense.

Key Points: 
  • The Armored Group, LLC (the Company or TAG) today announced that it received a significant order to provide 4x4 Light Armored Vehicles in a project called AMITAY from the NYC based mission of the Israeli Ministry of Defense.
  • These units will be delivered to support the end user, and to maximize the safety and combat effectiveness of their armed forces.
  • TAG, LLC Executive Vice President Beau Gailey commented, These vehicles will be the first line of defense for the Israeli Defense Forces (IDF).
  • Founded in 1992, The Armored Group (TAG) has 30 years of experience engineering, manufacturing, and customizing armored vehicles for use by government agencies, military organizations, law enforcement, and non-governmental organizations (NGOs).

The Israel Ministry of Defense will begin testing a robotic unmanned vehicle (M-RCV Medium Robotic Combat Vehicle), developed by the Ministry's Directorate of Defense Research and Development (DDR&D), the Tank and APC Directorate, and Israeli security ind

Retrieved on: 
Monday, June 13, 2022

TEL AVIV, Israel, June 13, 2022 /PRNewswire/ -- The robotic combat vehicle will be unveiled today at Elbit Systems' pavilion at the Eurosatory Defense and Security Exhibition.

Key Points: 
  • TEL AVIV, Israel, June 13, 2022 /PRNewswire/ -- The robotic combat vehicle will be unveiled today at Elbit Systems' pavilion at the Eurosatory Defense and Security Exhibition.
  • The vehicle also features a capsuled drone for forward reconnaissance missions, and a passive sensing kit developed by Elbit Systems and Foresight.
  • The vehicle will also incorporate sights, an IAI missile launcher, and Rafael Advanced Defense Systems' 'Spike' missiles.
  • It is operational during the day and night in all-weather scenarios, while emphasizing operational effectiveness, simplicity, minimum operator intervention, and integration into heterogeneous unmanned arrays.

Faraday Future Selects Cerence to Provide Natural, Human-Like Voice for its In-Car Assistant in the New FF 91 EV

Retrieved on: 
Wednesday, June 1, 2022

(Photo: Business Wire)

Key Points: 
  • (Photo: Business Wire)
    To create natural, comfortable interaction between drivers and the FF 91, FF will leverage the most innovative TTS technology from Cerence.
  • In addition, Cerence SSE will integrate with FFs voice recognition and natural language understanding engines with crystal-clear input from drivers and passengers.
  • Cerence SSE combines advanced statistical signal processing algorithms with the latest machine learning technologies to provide superior performance with moderate CPU consumption.
  • Faraday Future is a true innovator, and the upcoming start-of-production of the FF 91 marks a major milestone in the next generation of electric vehicles, said Stefan Ortmanns, CEO, Cerence.

Robotics and Automation Actuators Market worth $35.8 billion in 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, June 6, 2022

Asia Pacific is estimated to lead the robotics and automation actuators market by 2027.

Key Points: 
  • Asia Pacific is estimated to lead the robotics and automation actuators market by 2027.
  • The market growth in this region can be attributed to the installation of automation systems in Japan and China and the higher manufacturing of industrial robots in these regions.
  • The presence of some major companies such as SMC (Japan), MISUMI Group Inc. (Japan), IAI (Japan) is also contributing to the growth of the Asia Pacific robotics and automation actuators market.
  • Moog (US), SMC (Japan), Curtis Wright (Exlar) (US), and MISUMI (Japan) are some of the leading players covered in the robotics and automation actuators market report.

Robotics and Automation Actuators Market worth $35.8 billion in 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, June 6, 2022

Asia Pacific is estimated to lead the robotics and automation actuators market by 2027.

Key Points: 
  • Asia Pacific is estimated to lead the robotics and automation actuators market by 2027.
  • The market growth in this region can be attributed to the installation of automation systems in Japan and China and the higher manufacturing of industrial robots in these regions.
  • The presence of some major companies such as SMC (Japan), MISUMI Group Inc. (Japan), IAI (Japan) is also contributing to the growth of the Asia Pacific robotics and automation actuators market.
  • Moog (US), SMC (Japan), Curtis Wright (Exlar) (US), and MISUMI (Japan) are some of the leading players covered in the robotics and automation actuators market report.

Plataine Extends Its Digital Thread Technology to Help Composites Manufacturers Overcome Supply Chain Challenges

Retrieved on: 
Thursday, May 19, 2022

WALTHAM, Mass., May 19, 2022 /PRNewswire-PRWeb/ -- Plataine, a leading provider of AI-based manufacturing optimization solutions, has extended its cloud-based automated Digital Thread technology, to help manufacturers working with composite materials, mitigate current global supply chain challenges and improve on time delivery. The Digital Thread delivers a holistic view of an asset or material across its entire lifecycle, and Plataine's newest capabilities use cloud-based technology that enables manufacturers to log the complete genealogy of a product, stretching across multiple sites and organizations. This creates a holistic view – from raw material to finished part – available to anyone who has been provided with the credentials to access the information.

Key Points: 
  • Current supply chain challenges such as soaring raw material and transportation costs, and acute shortages of labor and components present unprecedented challenges to any manufacturer.
  • Raw material manufacturers can now make a 'Digital ID' available for each material they produce, allowing all relevant stakeholders in the supply chain to access any approved information, including material properties, material history, shelf life, defects and fault details.
  • Avner Ben-Bassat, President & CEO at Plataine, says: "Our expanded Digital Thread technology allows manufacturing organizations to securely share material and product data, and enables managers to know what is happening at all points along the supply chain and production lines.
  • We are excited to help manufacturers better cope with the recent supply chain challenges, reduce costs and improve quality control, while freeing overworked staff from mundane tasks."

Selina Enhances Executive Team With Addition of Lena Katz as Chief Technology Officer

Retrieved on: 
Tuesday, May 17, 2022

Selina, the fast-growing lifestyle and experiential hospitality brand targeting Millennial and Gen Z travelers, is pleased to announce that Lena Katz has joined its executive team as Chief Technology Officer.

Key Points: 
  • Selina, the fast-growing lifestyle and experiential hospitality brand targeting Millennial and Gen Z travelers, is pleased to announce that Lena Katz has joined its executive team as Chief Technology Officer.
  • In this role, Katz reports to Selinas co-founder and CEO, Rafael Museri, and is responsible for overseeing Selinas technology roadmap and innovation initiatives including product development.
  • Katz joins Selina with extensive technology experience as well as a proven track record in software engineering, infrastructure, development and security.
  • As a proven product and technology leader, and a traveler herself, Lena brings the requisite skills, knowledge and vision to this important role, said Museri.

Plataine Launches a Free Trial Package for Its Time Sensitive Material Management Solution

Retrieved on: 
Tuesday, May 3, 2022

PARIS, May 3, 2022 /PRNewswire-PRWeb/ -- Plataine, a leading provider of AI-based optimization solutions for advanced manufacturing, announced today a Try & Buy package for its Time Sensitive Material Management software solution. The cloud software automatically manages time sensitive material ensuring higher quality while avoiding rework and material waste. The application provides complete visibility of inventory and real-time tracking of time sensitive material properties such as remaining shelf-life and exposure times.

Key Points: 
  • PARIS, May 3, 2022 /PRNewswire-PRWeb/ -- Plataine, a leading provider of AI-based optimization solutions for advanced manufacturing, announced today a Try & Buy package for its Time Sensitive Material Management software solution.
  • The cloud software automatically manages time sensitive material ensuring higher quality while avoiding rework and material waste.
  • Plataine's Time Sensitive Material Manager provides an easy-to-use cloud software to track and manage material and assets in real-time, eliminating the dependency on paper and manual processes.
  • With our Free Trial, composites fabricators can now gain better control and visibility into time sensitive material management and have a direct impact on reducing manufacturing costs and bottom lines."

WaveDancer Releases Fiscal Year 2021 Results

Retrieved on: 
Tuesday, April 12, 2022

FAIRFAX, Va., April 12, 2022 (GLOBE NEWSWIRE) -- WaveDancer (NASDAQ: WAVD), today reported its results for the fiscal year ended December 31, 2021, with results highlighted by expansion in gross margins driven by a sharp shift away from lower margin 3rd party software sales and toward higher margin professional services.

Key Points: 
  • FAIRFAX, Va., April 12, 2022 (GLOBE NEWSWIRE) -- WaveDancer (NASDAQ: WAVD), today reported its results for the fiscal year ended December 31, 2021, with results highlighted by expansion in gross margins driven by a sharp shift away from lower margin 3rd party software sales and toward higher margin professional services.
  • During 2021, WaveDancer completed two key acquisitions and successfully rebranded the company as a leading provider of secure, blockchain-based supply chain management solutions.
  • Mr. Benoit continued, This fiscal year was one of impressive growth in professional services revenues and gross profit.
  • Such statements involve risks and uncertainties which could cause actual results to vary materially from those expressed in the forward-looking statements.

Middle River Aerostructure Systems Deploys Plataine's AI-based Optimization Software to Automate and Digitize Manufacturing

Retrieved on: 
Wednesday, April 6, 2022

WALTHAM, Mass., April 6, 2022 /PRNewswire-PRWeb/ -- Middle River Aerostructure Systems (MRAS), a world-leading Aerospace Manufacturer for engine nacelles and aerostructures that was acquired by ST Engineering, has deployed Plataine's AI-based optimization solution to automate and streamline production processes in its Baltimore, MD manufacturing facility. The solution enhances MRAS agility and improves quality while reducing material waste.

Key Points: 
  • MRAS deployed Plataine's AI-based optimization solution to automate and streamline production processes in its Baltimore, MD manufacturing facility.
  • WALTHAM, Mass., April 6, 2022 /PRNewswire-PRWeb/ -- Middle River Aerostructure Systems ( MRAS ), a world-leading Aerospace Manufacturer for engine nacelles and aerostructures that was acquired by ST Engineering, has deployed Plataine's AI-based optimization solution to automate and streamline production processes in its Baltimore, MD manufacturing facility.
  • As part of its strategy to develop an integrated digital and automated manufacturing environment, MRAS chose Plataine as its software partner.
  • Middle River Aerostructure Systems, acquired by ST Engineering North America, is a world-leading manufacturer of thrust reversers, engine nacelle components and specialized aerostructures.