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August 19, 2021

Sandvik to Acquire CAM Software Company Cambrio

Desktop Metal Inc. reached an accord to acquire ExOne Co. in a transaction intended to accelerate 3D printing for mass production. Under the agreement, Desktop Metal will pay a combination of cash and stock valued at a total of $575 million to take over ExOne. Both companies have developed additive manufacturing technology designed to mass produce parts.


Lordstown Motors Corp. said it still plans to start building its first electric trucks in September, Bloomberg reported. The startup company is grappling with rising costs for tools and R&D. The truck maker said it expects to have liquidity of between $225 million and $275 million in cash and cash equivalents. The company described its Ohio plant as production ready.



Boeing Co. successfully conducted a test flight of its 737 Max aircraft in China as the plane maker tries to get the Max recertified in that country, Reuters reported. The flight took place Aug. 11. The 737 Max has been grounded in China for more than two years. About 30 airlines and 175 countries have permitted the 737 Max to return to the air following two crashes that killed 346 people.


The growth in the amount of code and project complexity in vehicles rising at an exponential rate means more cybersecurity risk for OEMs and suppliers, writes Steve Tengler, principal of Kugler Maag Cie. "Consumer trust and prestige on the line," Tengler says. "Automakers and suppliers are faced with putting up defenses against cyberattacks."



Hexagon’s Manufacturing Intelligence division has started a tour. The Make It Smarter America Tour has hit the road with 14 stops across the United States. At each stop, Hexagon subject matter experts (SMEs) will engage with local manufacturers and engineers to explore emerging technologies and strategize digital roadmaps to achieve each company’s autonomous potential.


Hitachi Astemo was created from the merger of Hitachi Automotive Systems with three former Honda affiliates: Nissin Kogyo, Keihin and Showa. The new company says it has the global scale, technical depth, software capabilities and advanced manufacturing resources to address changing mobility technology areas such as safety, electrification, comfort and sustainability.







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