Machinery & Equipment - Business Research Insights

Siemens Acquires Altair Engineering Siemens has signed an agreement to acquire software provider Altair Engineering Inc. Siemens CEO Roland Busch said the addition of Altair's capabilities in artificial intelligence, computing, simulation and data science will create a complete AI-powered simulation and design portfolio. By adding Altair’s simulation portfolio and mechanical and electromagnetic capabilities, Siemens expects to enhance its comprehensive Digital Twin to deliver a full-suite, physics-based, simulation portfolio as part of Siemens Xcelerator. Source- https://lnkd.in/gGUsztDB

eVTOL Aircraft Maker Runs Out of Money, Stopping Operations German eVTOL jet maker Lilium announced that it is ceasing operations for its two subsidiaries, citing a lack of funding and an inability to pay its existing debts. As a result, the company plans to file for insolvency and will apply for self-administration proceedings. The development comes seven years after Lilium’s first test flight and two years before it planned to begin deliveries. The company had already compiled a list of potential customers, including Saudi Arabia with an order for up to 100 jets and American advanced air mobility company UrbanLink with an order for 20 aircraft. Additionally, last year, Lilium struck a deal with Texas’ EMCJET to make the aircraft brokerage and management company the exclusive dealer of Lilium’s aircraft through 2030. Source- https://lnkd.in/gqbTbweV

Farm Equipment Editor to Moderate Technology Panel During FEMA Fall Convention Mike Lessiter, editor/publisher of Farm Equipment and Precision Farming Dealer, will moderate the New Technology Panel: Today, Tomorrow & Beyond, during the Farm Equipment Manufacturers Assn. Fall Convention, Oct. 22-24 in Addison, Texas. This engaging panel discussion delves into the promising innovations and cutting-edge technologies poised to transform the ag and farm equipment manufacturing industry. Presenters include: Source- https://lnkd.in/gMECq_Sh

Quieter and Smoother”: Liebherr Dozers Mark 8th Gen of Hydrostatic Drive On this episode of The Dirt, we take a look at Liebherr’s dozers, which host and professional operator Bryan Furnace calls one of the quietest and smoothest machines he has operated. The 75-year-old German-based company, which has been selling and producing construction equipment in the U.S. since 1970, offers seven models of dozers. The lineup is now in its eight generation and covers class sizes from 29,000 to 160,000 pounds. The dozers all are equipped with hydrostatic drive – including the PR 776, which is the world’s largest dozer with the technology. Guest Emanuel Vasquez, Liebherr’s product manager for crawler dozers and loaders, explains that the company has been deploying hydrostatic drive since the 1950s for its reduced noise and smoother ride, as well as other advantages, which he outlines on the show. He also discusses other benefits of Liebherr dozers and gives a rundown of the next-generation PR 776, which runs on a 768-horsepower diesel engine and weighs 72 metric tons. So to find out more about Liebherr’s dozer lineup, check out the latest episode of The Dirt. Source- https://lnkd.in/g92vqgxe

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#Itsoftware #market #business #machinary #machine #machinemarket #automation #constuction #consumergood #consumer #revenue #technology #ceo #vp #manger #cfo #tech #trend #size #share #growth #stratergy #news #forecast #leadership #coo #research #researchreport #luxury #industry #google #windows #apple #usa #founder #founders #global #director #europe #uae #america #china #africa #health #chemical #power

#Itsoftware #market #business #machinary #machine #machinemarket #automation #constuction #consumergood #consumer #revenue #technology #ceo #vp #manger #cfo #tech #trend #size #share #growth #stratergy #news #forecast #leadership #coo #research #researchreport #luxury #industry #google #windows #apple #usa #founder #founders #global #director #europe #uae #america #china #africa #health #chemical #power

#Itsoftware #market #business #machinary #machine #machinemarket #automation #constuction #consumergood #consumer #revenue #technology #ceo #vp #manger #cfo #tech #trend #size #share #growth #stratergy #news #forecast #leadership #coo #research #researchreport #luxury #industry #google #windows #apple #usa #founder #founders #global #director #europe #uae #america #china #africa #health #chemical #power

#Itsoftware #market #business #machinary #machine #machinemarket #automation #constuction #consumergood #consumer #revenue #technology #ceo #vp #manger #cfo #tech #trend #size #share #growth #stratergy #news #forecast #leadership #coo #research #researchreport #luxury #industry #google #windows #apple #usa #founder #founders #global #director #europe #uae #america #china #africa #health #chemical #power

#Itsoftware #market #business #machinary #machine #machinemarket #automation #constuction #consumergood #consumer #revenue #technology #ceo #vp #manger #cfo #tech #trend #size #share #growth #stratergy #news #forecast #leadership #coo #research #researchreport #luxury #industry #google #windows #apple #usa #founder #founders #global #director #europe #uae #america #china #africa #health #chemical #power