Technology

meviy Empowers Japan’s Tsubame Industries’ Archax Robot Development, Revolutionizing Parts Procurement in the Robotics Industry

Published

7 months ago

May 30, 2024

SCHAUMBURG, Ill., May 30, 2024 /PRNewswire/ — meviy, the groundbreaking AI-driven parts procurement platform developed by MISUMI Group Inc., proudly announces its integral role in the production of “Archax”, the awe-inspiring human-piloted robot manufactured by Tsubame Industries Co., Ltd. (“Tsubame Industries”).

Archax, standing at an impressive fifteen feet tall, weighing 3.5 tons and built at a cost of $3 million U.S. dollars, is a remarkable feat of engineering, boasting four legs, a humanoid upper body, two arms, and a meticulously crafted hand with five fingers, akin to that of a human. Designed for human piloting, Archax represents the forefront of technological innovation in the robotics industry, captivating audiences globally with its fusion of science fiction and reality.

In the arduous journey of robot development, where time is a critical factor, meviy emerged as a game-changer for Tsubame Industries. By leveraging meviy from the inception of the project, the company streamlined their parts procurement process, expediting development timelines and overcoming traditional bottlenecks associated with sourcing and quoting parts.

Key Benefits of utilizing meviy in Archax’s development:

Streamlined Procurement: meviy enables quote and order processes using only 3D data, eliminating the time-consuming task of converting 3D designs into 2D drawings. This streamlined approach significantly accelerates the procurement cycle, empowering developers to focus on innovation rather than administrative tasks.

Real-time Machining Insights: With meviy, users gain instant access to machining availability and pricing, facilitating agile decision-making and enabling rapid iteration on design patterns. Additionally, meviy’s AI capabilities offer insightful suggestions to overcome machining constraints, ensuring seamless integration of complex design elements.

Precision Machining for Creative Freedom: meviy’s innovative machining capabilities effortlessly cater to the intricate requirements of Archax’s hand elements, enabling the realization of sophisticated movements and aesthetically pleasing designs. By enhancing creativity and precision, meviy elevates the appeal and functionality of Archax, setting new standards in robot aesthetics and performance.

“As a pivotal partner in the development of Archax, meviy has revolutionized our approach to parts procurement, empowering us to accelerate innovation and bring our vision to life,” commented Mr. Ryo Yoshida, CEO, Tsubame Industries. “With meviy, we’ve not only reduced lead times but also unlocked new levels of creativity, ultimately enhancing the appeal and functionality of Archax.”

meviy continues to spearhead technological advancements in parts procurement, facilitating seamless collaboration between developers and manufacturers across industries. As robotics continues to evolve, meviy remains committed to driving innovation and accelerating the pace of progress, both in Japan and the U.S.

About meviy:
meviy is a leading, global provider of precision manufacturing solutions, specializing in CNC machining, sheet metal fabrication, and rapid prototyping. With a focus on innovation and customer satisfaction, meviy delivers high-quality, custom parts to a diverse range of industries worldwide.

About MISUMI:
MISUMI is a global distributor and manufacturer of industrial automation components. With a commitment to offering efficient, cost-effective solutions, MISUMI is a single source for the electric vehicle manufacturing and assembly industry. MISUMI’s catalog of highly configurable components is a fast, dependable, and cost-effective option for last- minute design changes, prototyping, and meeting full-scale design and application requirements.

About “Archax,” a human-piloted robot
Archax is a human-piloted robot developed by Tsubame Industries Co., Ltd. It has four legs, a humanoid upper body, two arms, and a hand with five fingers at the end of it, just like a human. It not only has a cockpit in its chest but can also transform into two modes: robot mode and walking mode. Archax, which looks like something out of science fiction, is a mere realization of Tsubame Industries’ philosophy of “bringing the world of ‘science fiction’ to ‘scientific reality'”.

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SOURCE MISUMI USA

Technology

Inspur Smart Healthcare Participates in GITEX IMPACT 2024 Exhibition

Published

42 minutes ago

December 23, 2024

DUBAI, UAE, Dec. 23, 2024 /PRNewswire/ — From October 13th to 16th, the GITEX IMPACT 2024, Dubai’s Carbon Neutrality and Technology Exhibition, was held in Dubai. Organized by the Ministry of Economy and Ministry of Tourism of the United Arab Emirates, the exhibition focused on the forefront of sustainable development technologies, encompassing a wide range of sectors including construction, oil and gasoline, energy, and healthcare. It stands as one of the largest technology exhibitions in the Middle East and globally. Inspur Smart Health was invited to participate, showcasing its core products and cases of empowering the digital and intelligent transformation of the healthcare industry at the exhibition.

At the exhibition site, Inspur Smart Health introduced a series of products and solutions to government agencies and medical institutions, including the Health and Medical Big Data Intelligent Platform, Inspur Medical Industry International Trade Platform, Integrated Healthcare and Long-term Care Platform, Health Examination Center Solutions, Medical Group Information Management Platform, Internet Hospitals. These presentations comprehensively demonstrated Inspur Smart Health’s product innovation advantages and service capabilities.

Through this “debut” in the Middle East and even the global market, Inspur Smart Health has laid a solid foundation for further expanding its overseas “circle of friends” and establishing international brand recognition. In the future, Inspur Smart Health will continue to leverage its technological advantages in big data and artificial intelligence, constantly enhance the internationalization level of its products and solutions, deepen the exploration of overseas markets, and contribute to the thriving development of the global medical digital industry.

View original content:https://www.prnewswire.com/apac/news-releases/inspur-smart-healthcare-participates-in-gitex-impact-2024-exhibition-302338199.html

SOURCE Shandong Inspur Intelligent Medical Technology Co., Ltd.

Technology

UNIVERSAL MUSIC GROUP AND AMAZON MUSIC EXPAND GLOBAL RELATIONSHIP

Published

42 minutes ago

December 23, 2024

Reflects New Era in Music Streaming, Including Artist-Centric Principles and Furthering Authentic Engagement Between Artists and Fans

SANTA MONICA, Calif., Dec. 23, 2024 /PRNewswire/ — Universal Music Group (UMG), the world leader in music-based entertainment, and Amazon Music today announced an expanded global relationship that will enable further innovation, exclusive content with UMG artists, and advancement of artist-centric principles including increased fraud protection.

UNIVERSAL MUSIC GROUP AND AMAZON MUSIC EXPAND GLOBAL RELATIONSHIP

This reflects the two companies’ shared commitment to advancing and safeguarding human artistry, while ensuring UMG’s artists achieve their commercial potential through the service’s continued product enhancements and exclusive content that elevate authentic engagement between artists and fans.

UMG and Amazon Music will work closely to explore new and enhanced product opportunities designed to benefit artists and enrich the experience of their fans. UMG will also collaborate with Amazon Music as it continues to expand in audio, including further innovation in audiobooks, audio and visual programming, and its investment in livestreamed content that has connected millions of fans with their favorite artists across all genres and corners of the world. UMG and Amazon will also work collaboratively to address, among other things, unlawful AI-generated content, as well as protecting against fraud and misattribution.

Sir Lucian Grainge, Chairman & CEO, Universal Music Group said, “We are very excited to advance our long-standing, excellent partnership with Amazon Music that marks a new era in streaming—Streaming 2.0. We appreciate Amazon Music’s deep commitment to the interests of our artists, and look forward to progressing our shared artist-centric objectives through product innovation and accelerating growth of their service.”

Steve Boom, VP of Audio, Twitch and Games for Amazon said, “UMG has always been a collaborative partner to Amazon Music, and as we continue to invent and introduce more artist-to-fan connections through our product and exclusive content, we’re redefining what it means to be a streaming service. We’re thrilled to expand our relationship with UMG which will enable us to partner on meaningful new ways for artists to deepen their engagement with fans around the world, while working together to protect the work of artists, songwriters and publishers.”

Notes to editors:

About Universal Music Group
Universal Music Group exists to shape culture through the power of artistry. UMG is the world leader in music-based entertainment, with a broad array of businesses engaged in recorded music, music publishing, merchandising and audiovisual content. Featuring the most comprehensive catalogue of recordings and songs across every musical genre, UMG identifies and develops artists and produces and distributes the most critically acclaimed and commercially successful music in the world. Committed to artistry, innovation and entrepreneurship, UMG fosters the development of services, platforms and business models in order to broaden artistic and commercial opportunities for our artists and create new experiences for fans. For more information, visit www.universalmusic.com.

About Amazon Music
Amazon Music is an immersive audio entertainment service that connects fans, artists, and creators through music, podcasts, and culture. Amazon Music brings fans closer to what they love, with curated and personalized playlists, artist livestreams, artist merch, and Amazon Exclusive podcasts. Prime members get access to over 100 million songs in shuffle mode, All-Access playlists, plus the largest catalog of top ad-free podcasts, included with their membership. Customers can upgrade to Amazon Music Unlimited for full, on-demand access to 100 million songs in HD, a growing catalog of Ultra HD and Spatial audio, and the world’s largest selection of audiobooks from Audible. Anyone can listen to Amazon Music by downloading the free Amazon Music app, or wherever they listen to music including Alexa-enabled devices. Learn more at amazon.com/music.

View original content to download multimedia:https://www.prnewswire.com/news-releases/universal-music-group-and-amazon-music-expand-global-relationship-302338093.html

SOURCE Universal Music Group

Technology

Repurchase of Loomis’ shares during the fourth quarter 2024 completed

Published

42 minutes ago

December 23, 2024

STOCKHOLM, Dec. 23, 2024 /PRNewswire/ — Loomis AB has through the repurchase program that was resolved and communicated on October 28, 2024, repurchased 590,100 shares. Loomis AB’s holding of own shares thereby amounts to 2,514,653 shares, corresponding to 3.54 percent of the outstanding shares in the company. The total number of shares in Loomis AB, including the company’s own shares, amounts to 71,000,000.

For information about transactions in the repurchase program, please see:
https://www.nasdaq.com/european-market-activity/news/corporate-actions/repurchase-of-own-shares.

This press release is also available on the company’s website, www.loomis.com.

For more information, please contact:

Jenny Boström
Head of Sustainability and IR
jenny.bostrom@loomis.com
+46 79 006 45 92

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/loomis-ab/r/repurchase-of-loomis–shares-during-the-fourth-quarter-2024-completed,c4086142

The following files are available for download:

https://mb.cision.com/Main/51/4086142/3187900.pdf

Repurchase of Loomisâ€™ shares during the fourth quarter 2024 completed

View original content:https://www.prnewswire.com/news-releases/repurchase-of-loomis-shares-during-the-fourth-quarter-2024-completed-302338207.html

SOURCE Loomis AB