Cummings Research Park’s Post

🚨 Aerospace Innovation Taking Off! 🚨 Salient Motion, a Culver City-based aerospace and defense component supplier, has raised $12M in total funding! 💰 Led by Cantos Ventures and supported by Andreessen Horowitz, AE Ventures, Hummingbird Ventures, and BoxGroup, this funding will fuel: • Scaling the engineering team 👩💻 • Accelerating product development ⚙️ • Expanding manufacturing in Southern California with a new facility in Torrance 🏭 🔧 What does Salient Motion do? Founded in 2022 by CEO Vishaal Mali, the company builds modular actuation systems for highly regulated industries like aerospace, military defense, and advanced manufacturing. Their innovative Motion Control Platform addresses challenges in industries burdened by stringent regulations, high costs, and long certification timelines. Key features: • Modular design for maximum reusability across components 🔩 • Software-driven functionality replacing traditional hardware 🖥️ • Cutting FAA certification times by 50% ⏱️ • Enhanced reliability, extending component lifespans and cutting maintenance costs 🔧 Salient Motion is focused on partnerships, not just purchase orders, offering zero NRE and aftermarket revenue shares to OEMs. Salient Motion is ready to revolutionize the industry, driving innovation and efficiency across critical sectors! 🚀 📢 Stay tuned to Future Techly for the latest updates on this groundbreaking initiative and the latest in tech and business! 💥 Source: FinSMEs #Aerospace #DefenseTech #AdvancedManufacturing #Innovation #SalientMotion #TechFunding #ModularDesign #FAA #FutureTechly

Ready! Set! Takeoff! Learn more about the Accelerator Centre inaugural Aerospace Accelerator Program!

🚀 ITK: Save Time & Money in Aerospace with Model-Based Development 🚀 Leverage ITK's expertise in Model-Based Development for more than innovation in aerospace. Our approach streamlines development, reduces errors early, and accelerates time-to-market, translating into significant time and cost savings for you. ITK Advantages ✈️ Reduce Costs: Early issue detection means fewer late-stage fixes. 🔍 Faster to Market: Efficient processes cut development time. 🛠️ Innovate Economically: Achieve cutting-edge results cost-effectively. 🔐 Lower Risks: Predictable projects mean controlled budgets. Choose ITK for a cost-effective, timely aerospace project completion. Ready to optimize? #Aerospace #ModelBasedDevelopment #SaveTime #SaveMoney #ITK

🚀 ITK: Save Time & Money in Aerospace with Model-Based Development 🚀 Leverage ITK's expertise in Model-Based Development for more than innovation in aerospace. Our approach streamlines development, reduces errors early, and accelerates time-to-market, translating into significant time and cost savings for you. ITK Advantages: ✈️ Reduce Costs: Early issue detection means fewer late-stage fixes. 🔍 Faster to Market: Efficient processes cut development time. 🛠️ Innovate Economically: Achieve cutting-edge results cost-effectively. 🔐 Lower Risks: Predictable projects mean controlled budgets. Choose ITK for a cost-effective, timely aerospace project completion. Ready to optimize? #Aerospace #ModelBasedDevelopment #SaveTime #SaveMoney #ITK

Looks like times have changed! 27 years ago, when I was a Supply/Commodity manager at Pratt & Whitney and a lead aerospace team member for the new UTC Purchasing Initiative, I/we faced immense pressure from the P&W and UTC VPs of purchasing to move small machined parts manufacturing to new suppliers domestically (far away) and overseas which would dismantle the supply network ("economic cluster," in late-1990s terminology). I strongly resisted that pressure because the Connecticut River Valley contained a highly developed network of ~100 first-, second-, and third-tier suppliers (only 3 first-tier suppliers out of 60 were not located in Connecticut). This supply network had been in existence for some 50+ years and was a treasure of know-how, quality, and responsiveness. I know because I personally visited most of them, some of them many times. The relationships we had with them were outstanding. The commodity, called "Small Machined Parts (<30 cm characteristic dimension), was never produced internally. It was always outsourced locally. SMP consisted of tens of thousands of part numbers for all engine models, front to back, inside and out, commercial and military, from JT3s, J52s, and JT8Ds to the then-present engine models PW2000, PW4000, and F119, spaning some 40 years. The P&W and UTC VPs of purchasing did not like or respect the data that I presented to support my argument for not changing suppliers. They wanted price savings quickly and were insensitive to the quality and delivery performance of new suppliers given the peculiarities of most parts. I, as well as some of my colleagues, had the objective to help our local suppliers reduce the price gap, reduce their costs, and improve quality and delivery performance by teaching them Lean principles and practices. After I left P&W I wrote two papers describing that experience, and they were published in a top supply chain management journal. It is nice to see the top leader showing some respect for its hard-working and loyal local suppliers. The network truly is a treasure. #lean #leanhealthcare #leanmanufacturing #leanleadership #leanthinking #leantransformation #CEO #management #leadership #business #leanmanagement #respectforpeople #leansixsigma #kaizen #tps #leanconstruction #agile #Toyota #TPS #leaders #classicalmanagement #change #reallean #fakelean #leadershipdevelopment #innovation #prattwhitney #cbia

In this highlight from the webinar with Duro & AstroForge, Michael & Laura discuss the engineering work that goes into developing new integrations for our customers. They also explore trends in aerospace, including the big impacts being made by smaller, faster-moving teams that are driven by innovation and rapid iteration. Check out the full webinar: https://lnkd.in/gWd7bhei

MDRC: Four pillars powering Michigan’s electric future for the DoD! The MDRC links Michigan innovation to the DoD’s energy needs, fueling growth and advancing your position in the defense energy storage and battery supply chain. Learn more here: https://buff.ly/3weX1N0 The Michigan Office of Defense and Aerospace Innovation Michigan Economic Development Corporation Michigan Manufacturing Technology Center MxD SAE Government Technologies Centrepolis Accelerator Macomb County Planning & Economic Development Oakland County, Michigan Government SEMCA Michigan Works! National Advanced Mobility Consortium (NAMC) Southeast Michigan Community Alliance Michigan Economic Development Corporation Detroit Regional Partnership

Last week, we asked you 'Which key area of aerospace innovation do you believe will shape the future of the industry?' Here's how you answered.

StrategicSpinOff: Hanwha Aerospace Co's Calculated Division for Market Mastery Hanwha Aerospace Official has announced a spin-off, segregating its industrial solutions and semiconductor equipment ventures from its core defense operations. This move is a testament to the company's commitment to refining its focus and optimizing its market presence across diverse sectors. Strategic Impact and Market Dynamics: 🎯 Operational Efficiency: The separation promises streamlined operations, with each entity poised to enhance its agility, customer responsiveness, and market-specific growth strategies. 🎯 Market Positioning: Tailored approaches post-spin-off could fortify Hanwha Aerospace Co's foothold in both the industrial solutions and semiconductor equipment markets, driving competitive advantage. 🎯 Competitive Response: This strategic recalibration is set to send ripples through the defense, industrial, and semiconductor landscapes, potentially sparking a wave of industry realignments. Innovation and Technological Advances: 🔧 Focused Innovation: With a laser focus on their respective markets, the newly independent entities are expected to accelerate innovation, pushing the boundaries of technology in their domains. 🔧 Technological Synergies: The spin-off could catalyze technological synergies, sharpening each business's edge in delivering specialized, cutting-edge solutions. 🔧 Industry Standards: Hanwha Aerospace Co's move might set new benchmarks in innovation and product development, influencing industry standards within their markets. Investor Insights and Recommendations: 💡 Strategic Investment Opportunities: Investors should keep a close eye on the growth paths of the spun-off entities, as they may present ripe opportunities in burgeoning sectors. 💡 Risk Assessment: It's crucial to balance the potential of these opportunities with a thorough risk analysis, considering market fluctuations and sector-specific challenges. 💡 Strategic Considerations: Evaluate the spin-off's alignment with long-term industry trends and its potential to reshape market dynamics for a well-rounded investment strategy. Hanwha Aerospace Co's strategic spin-off is more than a corporate restructuring—it's a visionary approach to conquering market complexity and fostering innovation. For investors and industry observers, this is a clarion call to reassess the landscape and identify emerging opportunities. Stay ahead of the curve with Market Unwinded - Your compass in the world of strategic market shifts. Dive deeper into this strategic move: https://lnkd.in/enZW8K7u #HanwhaAerospace #MarketStrategy #OperationalExcellence #InnovationLeadership #InvestmentOpportunities #MarketUnwinded

At Newton, we put our research into action. 🎬 Julian Bertie, equity research analyst, recently visited a company that focuses on the design and manufacturing of commercial aircraft as part of his research into the aerospace supply chain. ✈️ Learn more about Newton’s multidimensional research team and philosophy 👉 https://bit.ly/3Neo3t6 #InvestmentResearch #ResearchInAction #SupplyChain