"In 2018, we achieved $425 million in new order bookings, up 12.8 percent year-over-year, and crossed the $400 million milestone in annual sales for the first time in the Company's history," stated Dr. Simon Raab, President and Chief Executive Officer. "We executed on our strategic sales growth initiative to increase our sales headcount by mid-teens for a second consecutive year. We continued our new product drumbeat with 14 new product releases. We accelerated our M&A pace with four acquisitions plus our first strategic investment and, in the process, created a new Photonics vertical. Our new product drumbeat and acquisitions expanded our product portfolio to the most technologically advanced and expansive in our history. Our platform for growth is stronger than ever."
We sell products and related services to the U.S. Government (the "Government") under General Services Administration ("GSA") Federal Supply Schedule contracts (the "Contracts") and have done so since 2002. Late in fourth quarter 2018,...
Low Cost, Reliable, High Performance Sensors Available NowSHENZHEN, China, Feb. 19, 2019 — (PRNewswire) — Livox is shifting the marketplace for LiDAR sensors by introducing a reliable, compact, ready-to-use solution for innovators, professionals and engineers, around the world working closely with 3D sensing technology. After years of intense R&D and exhaustive testing, Livox has released three high performance LiDAR sensors: The Mid-40/Mid-100, Horizon, and Tele-15. All sensors are developed with a wide range of different industry applications in mind, offering customers a best-in-class combination of precision, range, price and size.
As the first available Livox sensor, the Mid-40/Mid-100 sensor can accurately sense three-dimensional spatial information under various environmental conditions, and plays an indispensable role in fields such as autonomous driving, robotics, mapping, logistics, security, search and rescue, to name a few.
Low Cost and Mass Production
Traditionally, high-performance mechanical LiDAR products usually demand highly-skilled personnel and are therefore prohibitively expensive and in short supply. To encourage the adoption of LiDAR technology in a number of different industries ranging from 3D mapping and surveying to robotics and engineering, Livox Mid-40/Mid-100 is developed with cost-efficiency in mind while still maintaining superior performance.
Instead of using expensive laser emitters or immature MEMS scanners, Mid-40/Mid-100 adopts lower cost semiconductor components for light generation and detection. The entire optical system, including...
Drone Delivery Canada Unveils Its Largest and Farthest Range Cargo Delivery Drone, The 'Condor'
The Condor has been in development for the past year and is the next generation in DDC's drone delivery cargo aircraft. With a payload capacity of 180 kilograms or 400 pounds, and a potential travel distance of up to 200 kilometres, the Condor pushes the limits in both cargo capacity and distances. The Condor is powered by a next generation gas propulsion engine.
The Condor measures 22 feet long, 5.1 feet wide and seven feet tall. It has a wing span of approximately 20 feet and is capable of vertical take off and landing. It is equipped with DDC's proprietary FLYTE management system which is the same platform used in all of DDC's cargo delivery drones. This is also the same management system that was used in the fall of 2018, during the company's operations in Moosonee and Moose Factory, Ontario in support of Transport Canada's...
WINDGO, Inc., ProVector™ 2.0 Measurement and Projection Mapping System Patent Granted
"This technology is an exciting breakthrough as we can now visualize augmented reality perspectives on surfaces without the need for special goggles," says WINDGO's VP of R&D, David Strumpf. "Multiple observers can simultaneously see enhanced details projected onto objects that provide perspectives never seen before such as obscured detail below the surface of the object. We call this advancement of 3-D spatial mapping 'Actual Reality 2.0™' based on the ability to build composite image arrays of mixed-mode reality and then project meaningful data images onto object surfaces that are normally hidden from the user."
ProVector™ 2.0 can be configured to attach to safety glasses, hard hats, clothing, construction equipment or medical devices just to name a few. Applications can allow workers to see details in work...
Sabrewing Aircraft Company, Inc Takes On $2M+ In Drone-Fund-Led Capital Round To Complete Its Production Prototype Aircraft
CAMARILLO, Calif., Feb. 19, 2019
(GLOBE NEWSWIRE) -- Sabrewing Aircraft Company, Inc., a
startup that has designed and is building an unmanned Vertical Take
Off and Landing (VTOL) Group 5 regional cargo carrier drone, has
announced today that it has attracted significant investment from
the Drone Fund ( www.dronefund.vc), Idaten Ventures (
www.idaten.vc) and several other
The Drone Fund was the lead investor, providing $1.8M in funding; with Idaten Fund and other backers each investing in the round as well. The Drone Fund and Idaten Ventures financed the company’s angel funding in January 2018. The completion of this recent funding round provides funding to complete the full-sized pre-production prototype of their Rhaegal air vehicle and to begin preliminary flight testing in anticipation of a Series A round in the 3rd quarter of 2019.
Kotaro Chiba, the General Partner/Chief Dronist and Co-Founder of the Drone Fund, states, “The shortage of pilots is a serious problem globally. Japan has shortage of truck drivers for delivering as well.” He believes, “Sabrewing's product as such is a semi-autonomous, remotely-piloted large cargo drone that will solve these critical issues, and the...
Macquarie Capital Venture Studio Announces Commitments in Three InfraTech Companies
- AirMap, Envoy Technologies, and Teralytic join program’s third module
- InfraTech companies drive innovation in infrastructure and real assets
- Companies receive specialist knowledge, networking, brand building strategy
NEW YORK — (BUSINESS WIRE) — February 19, 2019 — Macquarie Capital Venture Studio (MCVS), a platform launched by Macquarie Capital and R/GA Ventures to drive innovation at the intersection of infrastructure and technology, today announced the addition of three companies to the portfolio – AirMap, Inc., Envoy Technologies and Teralytic Inc. These InfraTech companies were selected for their ability to significantly increase efficiency, sustainability and efficacy across infrastructure and real assets. As part of MCVS, Macquarie Capital and R/GA will work with each business to enhance the commercialization and distribution, and awareness of their technologies.
MCVS will also leverage Macquarie Capital’s network for deployment opportunities and future investment. R/GA will develop and execute a product and brand assessment for each company and prepare them for future milestones, including pitching and business development.
The three additions to the studio named today include:...
FoxFury Lighting Solutions and Sundance Media Group host an exercise demonstrating the use of UAV mapping technology in crime scene investigationsOCEANSIDE, Calif., Feb. 19, 2019 — (PRNewswire) — On Wednesday January 23th, 2019, Sundance Media Group along with FoxFury Lighting Solutions, Westwind Unmanned Vehicles, Yuneec Aviation, Pix4D, and Autel Robotics hosted a nighttime drone crime scene investigation demonstration in Henderson, Nevada. Recreating a homicide scene at a local equestrian park, the demonstration sought to use drones to capture forensic evidence at the scene in the dark and map it in 2D and 3D for law enforcement use.
The demonstration started at 6:00 pm PST. Douglas Spotted Eagle from Sundance Media Group greeted the attendees representing law enforcement, security services, and international delegations. The group moved into position along the perimeter of the scene to watch as the Sundance Media Group crew worked to show what would happen if law enforcement was arriving at the murder scene and mapping it for the first time.
Seamless Scan to CAD Software Solution for the FARO® Design ScanArmLAKE MARY, Fla., Feb. 19, 2019 — (PRNewswire) — FARO® (NASDAQ: FARO), the world's most trusted source for 3D measurement and imaging solutions for 3D design announces immediate availability of FARO RevEngTM. This advanced software platform provides FARO Design ScanArm and FARO 8-Axis FaroArm® system users with a powerful tool that enables a comprehensive digital design experience ( https://www.faro.com/reveng). RevEngTM addresses a variety of reverse engineering and design challenges across a range of industries including Automotive Aftermarket, Research & Development, Heritage Preservation, Industrial Machinery, Engineering Services and Computer Graphics.
Best in Class Scan to Design Capability
- Seamlessly scan, capture and display point clouds in color
- Generate point clouds geometrically and visually accurate relative to the scanned object
- Convert the point cloud into a high-quality mesh (i.e., edges, points and polygons that define the geometry of an object)
- Edit and optimize the mesh for further design purposes or make it 3D-printing-ready
Advanced Workflow Optimization
RevEngTM tools and functionality are tightly integrated to assure a seamless handoff of project information, which dramatically streamlines end-to-end workflows....
- Easy to Use: Intuitive icons