Tag: TechIndustryNews

  • Nano Dimension Appoints David Stehlin to Board of Directors

    Nano Dimension Appoints David Stehlin to Board of Directors

    WALTHAM, MA, Feb 11, 2025 – Nano Dimension Ltd., has announced an update to its Board of Directors (Board).

    David Stehlin. Image: LinkedIn

    Mr. David Stehlin has joined the Board. Mr. Stehlin has an extensive background as an executive with significant leadership skills in the technology industry where he has led strategic turnarounds, drove business growth, and ushered in technological advancements. He did this in his work at public and private high growth companies, including, the Telecommunications Industry Association (TIA), Spirent Communications, MRV Communications, Overture Networks, Ceterus Networks, Valo, and Antec. My. Stehlin holds a B.S. from the United States Naval Academy and an M.B.A. from National University.

    Mr. Ofir Baharav, chairman of the board of directors of Nano Dimension, shared, “We welcome David Stehlin to our Board with great excitement. David is the type of director the Company needs at this dynamic moment, with his wealth of experience leading innovative companies with his strategic approach. He will undoubtedly serve the interests of Nano Dimension shareholders as we continue to embark on our mission to realize the full potential of the Company.”

    About Nano Dimension Ltd.

    Nano Dimension Ltd., established in 2012 and headquartered in Ness Ziona, Israel, specializes in additive manufacturing solutions, particularly in 3D printing technologies. The company offers a range of products, including the DragonFly IV system for additively manufactured electronics (AME), Admatec 3D printers for ceramics and metals, and DeepCube AI software for optimizing production processes. These solutions cater to industries such as aerospace, defense, automotive, consumer products, industrial manufacturing, and medical sectors. In 2023, Nano Dimension reported revenues of approximately $56.31 million. The company’s mission is to transform design and production processes to meet the efficiency demands of Industry 4.0, focusing on intelligent machines that enable rapid prototyping and production of high-performance electronic devices.

    Source: Nano Dimension

  • MACOM’s MESC Gets French Advanced Semiconductor Development Contract

    MACOM’s MESC Gets French Advanced Semiconductor Development Contract

    LOWELL, MA, Feb 5, 2025 – MACOM Technology Solutions Inc. (MACOM) has announced that its France-based European semiconductor center (MESC), has been awarded a multi-year contract from Banque Publique d’Investissement (BPI) to lead the development and manufacturing of advanced semiconductor products, in collaboration with public and private sector partners. The ‘MAGENTA’ program’s goal is to develop next-gen Ka-band monolithic microwave integrated circuit (MMIC) front-end products, leveraging MESC’s existing gallium nitride (GaN) technology. A key program focus will be the development of amplifiers with power-added efficiency, an innovation that is intended to push the boundaries of high-frequency communications system performance. The products and capabilities developed under the program are intended to support telecommunication systems in the 5G-FR2 bands and low earth orbit (LEO) communication systems.

    “We believe that this noteworthy award will make MESC a stronger partner and supplier to the European telecommunications and space markets,” said Stephen G. Daly, president and chief executive officer, MACOM. “The MAGENTA team will collaborate and explore new MMIC design and manufacturing techniques to improve performance of critical global communication systems. We are pleased to have French government support as we build a stronger business in France to support the European market.”

    The MAGENTA program is financed by the French government within the framework of France 2030 and will be administered by BPI, the French agency for innovation and a financial institution. Under the terms of the contract, MESC will lead manufacturing of the MMICs developed by MAGENTA partners.

    About MACOM

    MACOM Technology Solutions Holdings, Inc., founded in 1950 and headquartered in Lowell, MA, designs and manufactures semiconductor products for the telecommunications, industrial, defense, and data center industries. Their product portfolio includes analog, digital, and mixed-signal integrated circuits, multi-chip modules, diodes, amplifiers, switches, and subsystems. MACOM has achieved certification to the IATF16949 automotive standard, the ISO9001 international quality standard and the ISO14001 environmental management standard. Serving over 6,000 customers annually, MACOM’s semiconductors are used in applications such as wireless and wired networks, satellite communications, radar systems, and data centers. In fiscal year 2024, the company reported revenues of approximately $729.6 million and employed around 1,700 individuals worldwide.

    About France 2030

    France 2030 is a strategic investment plan by the French government, allocating €54 billion to drive innovation and bolster the nation’s economic competitiveness. The initiative focuses on accelerating the ecological switch, expanding industrial sectors, and fostering technological improvements. Key objectives include developing small, innovative nuclear reactors, promoting green hydrogen, decarbonizing industries, and supporting sustainable agriculture and transportation. The plan also emphasizes investments in health, digital technology, and space exploration. By targeting these areas, France 2030 aims to position the country as a leader in sustainable development and cutting-edge industries by the end of the decade.

    Source: MACOM

  • Teledyne Completes Acquisition of Excelitas Aerospace, Defense Business

    Teledyne Completes Acquisition of Excelitas Aerospace, Defense Business

    THOUSAND OAKS, CA, Feb 5, 2025 – Teledyne Technologies Inc. announced the successful completion of the acquisition of select aerospace and defense electronics businesses from Excelitas Technologies Corp. for approximately $710 million. The acquisition includes the optical systems business known under the Qioptiq brand based in Northern Wales, UK, as well as the U.S.-based advanced electronic systems business.

    The UK-based optical systems business provides advanced optics for heads-up and helmet-mounted displays, dismounted tactical night vision systems and proprietary glass used in space and satellite applications. In the U.S., the advanced electronics business provides custom energetics, including electronic safe and arm devices, high-voltage semiconductor switches and rubidium frequency standards for defense and space applications. The acquired business will be included in Teledyne’s aerospace and defense electronics segment and operate under the name Teledyne Qioptiq.

    “We are pleased to have expeditiously closed this acquisition, which represents our tenth corporate carve-out transaction,” said Robert Mehrabian, executive chairman. “Teledyne Qioptiq adds new technology and highly complementary products and customers, and we are delighted to welcome this business and its employees to Teledyne.”

    “The combination of Teledyne Qioptiq’s technologies and our existing broad portfolio of defense products will give us additional opportunities to deliver solutions to our customers,” said George Bobb, president and chief operating officer. Doug Benner, EVP and GM, Teledyne Qioptiq added, “We are excited about the future and look forward to a seamless integration that will benefit our employees and customers.”

    About Teledyne

    Teledyne Technologies Inc., founded in 1960 and headquartered in Thousand Oaks, CA, is a diversified industrial conglomerate specializing in advanced technology and high-reliability solutions. The company operates in four primary segments: digital imaging, instrumentation, engineered systems, and aerospace and defense electronics. Teledyne serves in domains including aerospace and defense, factory automation, environmental monitoring, oceanographic research, deepwater oil and gas exploration, medical imaging, and pharmaceutical research. In 2023, Teledyne reported revenues of approximately $5.5 billion and employed around 14,900 individuals worldwide.

    Source: Teledyne

  • David Lorenzo Retires, Shawn Lindsay Takes Over as ITC President

    David Lorenzo Retires, Shawn Lindsay Takes Over as ITC President

    Image: IntelliCAD

    PORTLAND, OR, Jan 29, 2025 – The IntelliCAD Technology Consortium (ITC) has announced the planned retirement of ITC President David Lorenzo and the election of Shawn Lindsay as ITC President, effective Feb 1, 2025.

    David Lorenzo began working with CAD in the early 1980s. In 1986, after partnering with KETIV Technologies, Lorenzo played a pivotal role in transforming the company into a leading Autodesk AutoCAD reseller in North America. As vice president of KETIV’s software development, Lorenzo spearheaded the development of ArchT, BIM application for AutoCAD.

    Sean Lindsay. Photo: LinkedIn
    David Lorenzo. Photo: LinkedIn

    Transition Plan

    Lorenzo expressed his confidence in Shawn Lindsay, who has served as the ITC’s lead attorney for over 22 years, “Shawn’s exceptional legal expertise, deep institutional knowledge of the ITC and CAD industry, strong board connections, and collaborative leadership skills uniquely position him to effectively guide the ITC. I am confident Shawn will elevate the ITC to new heights, continue the ITC’s collaborative mission, and safeguard IntelliCAD as an alternative development platform for future generations.”

    Vitor Neves, chair of the ITC’s board emphasized upon Lindsay’s abilities, “Not only has Shawn effectively served as the ITC’s legal counsel for decades, he has also served as an Oregon legislator, which demonstrates his capacity to foster collaboration amongst diverse stakeholders. The unanimous election of Shawn underscores the ITC Board of Directors’ confidence in his leadership as the incoming president.”

    Shawn Lindsay stated, “I am honored to build upon the strong foundation Dave established at the ITC. His leadership has created a strong CAD platform and collective culture that serves as the bedrock for our members’ success. Collaborating with Jason Poitras and our talented team, we will continue to advance our technology while strengthening our member relationships and market presence.”

    About The IntelliCAD Technology Consortium

    The IntelliCAD Technology Consortium (ITC), established in 1999, is a non-profit organization headquartered in Portland, Oregon, USA. It develops the IntelliCAD engine and development platform, offering a cost-effective alternative to proprietary CAD software. ITC licenses its technology to member companies, enabling them to create and distribute their own CAD solutions. The consortium serves industries such as architecture, engineering, construction, and manufacturing, providing tools for 2D and 3D design, drafting, and modeling. ITC operates on a cooperative model, with members contributing to shared development costs. This approach allows ITC to offer a comprehensive CAD platform without the high costs associated with traditional proprietary software.

    Source: IntelliCAD