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Microsoft and Siemens to drive human-machine manufacturing collaboration driven by AI copilots

Key Insights and Signals – Industrial

Partnerships
Realtime Robotics, HLS Engineering partner to digitize manufacturing
Realtime Robotics collaborated with HLS Engineering to improve the manufacturing processes of industrial robotics. To identify bottlenecks and improve productivity, the collaboration combines optimization services and scanning technology. Read More>>
Microsoft and Siemens partner to drive AI adoption
Microsoft and Siemens have joined together to launch Siemens Industrial Copilot, an AI-powered assistant designed to improve human-machine collaboration in production. The collaboration intends to use AI to drive innovation across the industrial sector and provide workers with cutting-edge tools. Read More>>


Center Setup and Expansion
Trina Solar hosts sneak peek at Texas solar manufacturing facility
Over 160 people attended the event, demonstrating a commitment to local job development and the advancement of the US solar business. The factory is scheduled to open in 2024 and will produce high-output Vertex modules on revolutionary wafer technology. Read More>>
Jakson Group inaugurates state-of-the-art genset manufacturing plant in Maharashtra
Jakson Group opened a cutting-edge genset manufacturing plant in Phaltan, Maharashtra, with a capacity of 2500 gensets per year. The facility is consistent with Jakson’s commitment to sustainable and high-quality energy solutions. Read More>>
TDK to establish Lithium-ion battery manufacturing plant in India
To supply Apple iPhones, TDK Corp wants to build a lithium-ion battery manufacturing facility in Haryana, India. The plan is intended to diversify Apple’s production away from China and enhance its supply chain in India, so contributing to regional economic growth and job creation. Read More>>


Executive Movements
Air Fryer maker SharkNinja names Puma Brand Chief Adam Petrick as Global CMO
Former Puma Global Chief Brand Officer Adam Petrick joins SharkNinja as Chief Marketing Officer. Petrick, who spent 24 years at Puma, will oversee SharkNinja’s global marketing, strategy, branding, creative, and new product development. Read More>>
Grass Valley adds Michael Prinn as Chief Financial Officer
Michael Prinn has been named Chief Financial Officer at Grass Valley. He has considerable leadership experience from Poplar Homes and SeaChange International. His financial knowledge complements Grass Valley’s growth plan and operational improvement objectives. Read More>>


Merger and Acquisition
Watts Water Technologies Inc. to acquire Josam Company
Watts Water Technologies, Inc. is planning to buy Josam Company, a well-known drainage and plumbing product company with annualized sales of around US$ 35 Mn. This strategic decision matches with Watts’ expansion goal and broadens the company’s product line for a variety of industries. Read More>>


New Product Development and Product Launch
Fruitcore Robotics releases new software to bring complex paths to graphical programming
Fruitcore Robotics released a software upgrade for the Horst industrial robot that allows customers to build complex courses intuitively using the graphical user interface of the horstFX control software. This capability shortens setup times and streamlines automation for a variety of industrial processes such as gluing and assembly. Read More>>
ChargePoint deploys new fast-charging platform
ChargePoint’s Express Plus Power Link 2000 DC fast-charging platform has been successfully deployed, offering sustained 500kW charging speeds for the Mercedes-Benz HPC NA network. The modular platform allows for the charging of two vehicles at the same time and includes smart software for a better user experience. Read More>>

Latest Industry Insights from Draup Braindesk

Masco Corporation Account Intelligence Report

Key Funding Alert

Generac invests in Spanish manufacturer of EV and smart charging systems
Generac Power Systems invested US$ 31.6 Mn in Wallbox, a provider of EV charging and energy management systems based in Barcelona. Through innovative solutions, the cooperation hopes to hasten the energy transition. Read More>>

Latest Reports Published in Draup

Kion Group AG Account Intelligence Report
Kion is introducing fuel cell systems for industrial trucks, demonstrating its commitment to achieving net-zero emissions and aligning with the Science Based Targets initiative. Specializing in material handling automation, the company optimizes material and information flow within factories. Read More>>

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