IBAS

The Barnes Global Advisors Recognized as a Finalist for the 2024 MilAM/America Makes Education and Workforce Development Award

Retrieved on: 
Wednesday, January 17, 2024

SEWICKLEY, Pa., Jan. 17, 2024 /PRNewswire-PRWeb/ -- The Barnes Global Advisors (TBGA) were recognized at the Military AM Summit as a finalist for the 2024 Education and Workforce Development Award, presented in partnership with America Makes. This recognition is a testament to TBGA's commitment to advancing additive manufacturing (AM) technologies and fostering a skilled workforce in the United States.

Key Points: 
  • SEWICKLEY, Pa., Jan. 17, 2024 /PRNewswire-PRWeb/ -- The Barnes Global Advisors (TBGA) were recognized at the Military AM Summit as a finalist for the 2024 Education and Workforce Development Award, presented in partnership with America Makes.
  • We're proud that our training efforts were acknowledged as we consider workforce development to be a pillar of our organization.
  • We're proud that our training efforts were acknowledged as we consider workforce development to be a pillar of our organization."
  • Learn more about The Barnes Global Advisors and the Resilient Manufacturing Ecosystem by visiting the website at: http://www.barnesglobaladvisors.com
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SkyWater Florida and Deca Technologies Announce $120M DOD Award to Expand Advanced Packaging Capabilities in Osceola County, Florida

Retrieved on: 
Wednesday, January 10, 2024

These capabilities will be made possible through the five-year DOD contract recently awarded to Osceola County and SkyWater Florida, which is expected to fund the facilitization, tooling and build-out of the Center for Neovation.

Key Points: 
  • These capabilities will be made possible through the five-year DOD contract recently awarded to Osceola County and SkyWater Florida, which is expected to fund the facilitization, tooling and build-out of the Center for Neovation.
  • SkyWater is the first domestic licensee of Deca’s M-Series and Adaptive Patterning solutions to support the reshoring of the semiconductor supply chain.
  • In response to the vital need for reshoring, Osceola County and SkyWater plan to stand up advanced packaging capabilities and capacity for low-volume/high-mix production of secure 2.5 and 3D Advanced System Integration and Packaging (ASIP) solutions.
  • It’s an important addition because it completes our advanced packaging trifecta of interposer, hybrid bonding, and now fan-out wafer level packaging technology – all in one facility – to support both DOD and commercial customers.”

Government-funded IBAS Program Enters Next Phase of Silicon Interposer Development at NeoCity in Florida

Retrieved on: 
Wednesday, December 6, 2023

The IBAS program’s goal is to establish a comprehensive domestic silicon interposer manufacturing capability, supporting several advanced electronic systems.

Key Points: 
  • The IBAS program’s goal is to establish a comprehensive domestic silicon interposer manufacturing capability, supporting several advanced electronic systems.
  • Awarded to BRIDG in October 2019, phase one of the program was completed in November 2022 with BRIDG partners, imec and SkyWater Technology .
  • “We are excited to launch the next phase of this contract,” stated Jim Vandevere, president of BRIDG.
  • “This final program phase is an important milestone as we prepare our interposer platform offering,” said Dale Miller, SkyWater Florida vice president and general manager.

New Defense Department Program Aims to Transform U.S. Metal Manufacturing in Casting and Forging Industry

Retrieved on: 
Monday, December 11, 2023

NASHVILLE, Tenn., Dec. 11, 2023 /PRNewswire/ -- The Institute for Advanced Composites Manufacturing Innovation® (IACMI), in partnership with the Department of Defense's (DoD) Industrial Base Analysis and Sustainment (IBAS) Program, announced today a national workforce initiative to help meet essential U.S defense needs in the casting and forging industry. The multi-year agreement between DoD and IACMI is already underway to develop curriculum for a series of stackable training opportunities in the metals industry that focus on the development of trades and engineering labor in the metals industry. The announcement came as the 2023 Defense Manufacturing Conference (DMC) kicked off in Nashville.

Key Points: 
  • The new Metallurgical Engineering Trades Apprenticeship & Learning (METAL) program aims to transform the U.S. metal manufacturing workforce in the castings and forging industry by developing a national training network to sustain and bolster the base metals workforce through 2050.
  • IACMI will engage world-renowned metallurgical and industry experts and educational institutions to develop a core METAL program curriculum and training methods in early 2024.
  • In its testbed phase, this curriculum will focus on traditional base metal processes, like casting, forging, and plate production.
  • "Our goal for METAL is to ensure the nation's metal manufacturing workforce is a source of strategic and competitive advantage for the United States."

America's Cutting Edge Celebrates Three Years

Retrieved on: 
Thursday, December 7, 2023

KNOXVILLE, Tenn., Dec. 7, 2023 /PRNewswire/ -- On Dec. 7, 2020, University of Tennessee (UT) professor Tony Schmitz took a bold step in helping revitalize U.S. manufacturing.

Key Points: 
  • That's the day he launched America's Cutting Edge's (ACE) successful online training program.
  • The goals: Inspire young people about jobs in manufacturing, kickstart careers with machining training and help others further develop their skillsets.
  • Its growth has been through the support of the U.S. Department of Defense's Industrial Base Analysis and Sustainment (IBAS) Program.
  • From there, the conception of the online machine tool course became a reality – the no-cost course was released to the public.

ACE Training Hits Milestone Aimed at Rebuilding Job Skills in U.S. Manufacturing

Retrieved on: 
Thursday, August 31, 2023

KNOXVILLE, Tenn., Aug. 31, 2023 /PRNewswire/ -- In celebration of upcoming Labor Day which honors hard working Americans, the Institute for Advanced Composites Manufacturing Innovation® (IACMI), in partnership with the Department of Defense (DoD), announced today that in the first half of 2023 it has doubled the number of people trained through its highly successful workforce development program, America's Cutting Edge (ACE).

Key Points: 
  • ACENet has expanded its in-person curriculum to more than 20 machine tool training centers in 9 states.
  • ACE brings together the scientific expertise of ORNL, advanced training tools and techniques of UT, and the workforce development leadership of IACMI – The Composites Institute.
  • "The emerging ACE workforce training network is critical to helping build resiliency in America's manufacturing capability and its global competitiveness," said Joannie Harmon, vice president of workforce at IACMI.
  • ACE is attractive as an introductory course to machining, as 75% of participants have no prior CNC experience.

Cerus Corporation Announces Follow-on Award of U.S. Department of Defense Funding for Development of Pathogen Reduced, Lyophilized Cryoprecipitate

Retrieved on: 
Monday, June 5, 2023

Cerus’ LyoCryo product is being designed for shelf stability, rapid availability, and portability, enabling administration to patients in remote environments with the aim of increasing survival from traumatic injury bleeding.

Key Points: 
  • Cerus’ LyoCryo product is being designed for shelf stability, rapid availability, and portability, enabling administration to patients in remote environments with the aim of increasing survival from traumatic injury bleeding.
  • Optimizing survival and recovery of military personnel with combat-related injury is a priority for the Army’s Combat Casualty Care Research Program.
  • For civilians, trauma with massive bleeding is the leading cause of death for people under the age of 45 years in the U.S.
  • We are gratified by the DoD’s decision to provide additional funding for this important project,” stated Dr. Laurence Corash, Cerus’ chief scientific officer and co-founder.

eMagin Corporation Announces First Quarter 2023 Results

Retrieved on: 
Thursday, May 11, 2023

HOPEWELL JUNCTION, N.Y., May 11, 2023 (GLOBE NEWSWIRE) -- eMagin Corporation, or the “Company,” (NYSE American: EMAN), a U.S.-based leader in the development, design, and manufacture of Active-Matrix OLED microdisplays for high-resolution, AR/VR and other near-eye imaging products, today announced results for its first quarter ended March 31, 2023.

Key Points: 
  • HOPEWELL JUNCTION, N.Y., May 11, 2023 (GLOBE NEWSWIRE) -- eMagin Corporation, or the “Company,” (NYSE American: EMAN), a U.S.-based leader in the development, design, and manufacture of Active-Matrix OLED microdisplays for high-resolution, AR/VR and other near-eye imaging products, today announced results for its first quarter ended March 31, 2023.
  • Total revenues for the first quarter of 2023 decreased 11% to $6.6 million, compared with $7.4 million reported in the prior-year period.
  • Operating expenses for the first quarter of 2023, including R&D expenses, were $4.0 million, compared with $3.7 million in the prior-year period.
  • Adjusted EBITDA for the first quarter of 2023 is a negative $1.4 million, compared with negative $0.2 million in the prior-year period.

eMagin Corporation Announces Fourth-Quarter and Full-Year 2022 Results

Retrieved on: 
Thursday, March 9, 2023

HOPEWELL JUNCTION, N.Y., March 09, 2023 (GLOBE NEWSWIRE) -- eMagin Corporation, or the “Company,” (NYSE American: EMAN), a U.S.-based leader in the development, design and manufacture of Active Matrix OLED microdisplays for high-resolution, AR/VR and other near-eye imaging products, today announced results for its fourth quarter and full-year 2022.

Key Points: 
  • Our backlog of open orders as of December 31, 2022, shippable within 12 months, was $14.8 million.
  • These were important milestones for eMagin because these certifications are required by most customers in the aerospace, aviation and defense industries.
  • “Throughout 2022, we improved our positioning as a supplier of choice to address the rapidly expanding AR/VR market with our patented direct-patterned technology dPd™.
  • “The fourth quarter of 2022 was the fifth consecutive quarter in which eMagin achieved year-over-year growth in product revenues and exceeded $7.0 million in quarterly product revenues.

SkyWater Technology Reports Fourth Quarter and Full Year 2022 Results

Retrieved on: 
Monday, February 13, 2023

SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced financial results for the fourth quarter and full year 2022, ended January 1, 2023.

Key Points: 
  • SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced financial results for the fourth quarter and full year 2022, ended January 1, 2023.
  • “We are pleased to enter 2023 with growing momentum,” said Thomas Sonderman, SkyWater president and chief executive officer.
  • Landmark partnership announced with the State of Indiana and Purdue University to build advanced $1.8 billion semiconductor fab.
  • Record results for both ATS and Wafer Services, driving revenues to $213 million for the year, with a significantly expanded gross margin profile and positive adjusted EBITDA generation.