Manufacturing.net Electric vehicle startup RIvian says it has raised another $2.5 billion in funding from accounts advised by investment firm T. Rowe. Price. The company has a contract with Amazon to build 1,000 electric delivery vans starting next year at its factor, a former Mitsubishi plant Normal, Illinois. Rivian also is rolling out a pickup truck and an SUV for sale to consumers next year.
Visit https://www.manufacturing.net/automotive/news/21139826/ev-startup-rivian-nets-24b-in-funding to view the full article online.
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Barrons Like the rest of the economy, the U.S manufacturing sector seems to have hit bottom in April. But the aggregate numbers obscure the interesting story: After plunging 32% between February and April, new orders of durable goods jumped 16% in May. At the same time, inventories of unsold goods have been flat after jumping sharply in March, which means manufacturers may have to ramp up production soon to meet rising demands.
Visit https://www.barrons.com/articles/autos-and-aerospace-are-driving-the-coronavirus-manufacturing-cycle-51593116736 to view the full article online.
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Aerospace Manufacturing Engineering teams are developing cleaner, faster and highly advanced electric aircraft using Ansys simulation solutions. Through a new sponsorship with Air Race E, Ansys technologies will help accelerate the design of innovative all-electric race planes competing in the 2021 Air Race E World Championship, a series of international air racing competitions that are spurring the future technology developments needed to drive more sustainable aviation.
Visit https://www.aero-mag.com/ansys-and-air-race-e-pioneer-next-generation-electric-aircraft/ to view the full article online.
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TCT Magazine BAE Systems has set a target for 30% of its Tempest fighter jet componentry to be manufactured with 3D printing as a new multi-million-pound smart factory opens in Warton, Lancashire. In addition to around one-third of parts being 3D printed, BAE Systems is also aiming for half of the Tempest to be put together by robots on the UK defense group’s assembly line. The company’s new Lancashire facility is said to be "first-of-its kind" and will house automated robots and virtual and augmented reality technology to support the production of next-generation combat aircraft systems like Tempest.
Visit https://www.tctmagazine.com/additive-manufacturing-3d-printing-news/bae-systems-additively-manufacture-tempest-components/ to view the full article online.
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IT Proportal Amazon Web Services (AWS) has announced the launch of SiteWise, a new platform to track and monitor Internet of Things (IoT) platforms in data centers, factories and similar facilities. Two years after first announcing the tool during AWS re_Invent, the company has confirmed the tool has entered general availability.
Visit https://www.itproportal.com/news/aws-launches-iot-monitoring-service/ to view the full article online.
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Today’s Motor Vehicles Expensive metalworking fluids may no longer be needed to cool and lubricate workpieces and cutting tools. Instead, there is green and clean method, EcoCooling, which uses only ionized and cooled air and has none of the environmental hazards and costs related to oil-based fluids. EcoCooling is the result of long-term, interdisciplinary R&D from the same team that developed the technology behind Amazon’s ground-breaking family of front-lit Kindle devices.
Visit https://www.todaysmotorvehicles.com/article/dry-machining-technology/ to view the full article online.
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EurekAlert! Researchers from ITMO University have improved on the technique of local processing of composites based on nanoporous glass with addition of silver and coper; now, it is possible to predict with high accuracy the optical properties of a plasmonic component.
Visit https://eurekalert.org/pub_releases/2020-07/iu-iur071320.php to view the full article online.
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Today’s Motor Vehicles Hyundai Motor Co. shipped the first 10 units of the Hyundai XCIENT Fuel Cell mass-produced hydrogen fuel cell heavy-duty truck to Switzerland. The company plans to ship a total of 50 XCIENT Fuel Cells to Switzerland this year, with handover to commercial fleet customers starting in September. Hyundai plans to roll out a total of 1,600 XCIENT Fuel Cell trucks by 2025.
Visit https://www.todaysmotorvehicles.com/article/hyundai-hydrogen-commercial-truck-testing-switzerland/ to view the full article online.
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