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Nureva to integrate with Extron control and automation solutions

Key Insights and Signals in Industrial

Deals
Metso Outotec to supply copper solvent extraction and electrowinning technology to North America
The order value of approximately EUR 50 Mn (USD 54 Mn) has been booked in the Minerals segment fourth-quarter orders received. Its scope of delivery includes basic engineering, a technology package for the VSF solvent extraction and electrowinning plants, and advisory services for mechanical installation and commissioning, start-up, and spare parts. Read More>>
Curtiss-Wright signs agreement with Schweitzer Engineering labs
The two companies have signed a teaming agreement whereby Curtiss-Wright will serve as a channel to market SEL’s digital protective relays and engineering services for the global commercial nuclear market. Curtiss-Wright aims to support the domestic and international nuclear fleet with qualified safety-related and non-safety-related SEL digital protection products. Read More>>
Seiko Epson and Universal Display announce OLED evaluation agreement
Universal Display will supply its proprietary phosphorescent OLED materials and technology to Epson for AR/VR display applications. They will further collaborate with Epson as the proliferation of OLEDs is expected to broaden and grow in the consumer electronics landscape. Read More>>
Partnership
Nureva integrates with Extron to enable sound location tracking
Nureva announced that its HDL300 and Dual HDL300 audio conferencing systems can now integrate with Extron control and automation solutions to deliver camera-tracking features that support hybrid working and learning. To update the Extron Control Systems Driver, Extron used Nureva’s sound location device API, available through Nureva Developer Toolkit. Read More>>
Product Launch
908 Devices unveils new glucose and lactate online device for bioprocess monitoring and control 
908 Devices launched MAVEN, a device for online monitoring and controlling glucose and lactate in cell culture and fermentation processes. MAVEN is used in concert with the company’s REBEL device, an at-line cell culture media analyzer that quantitates over 30 additional key media nutrients in less than 10 minutes. Read More>>
Coherent, Inc. introduces 905 nm Pulsed Triple-Junction edge-emitting lasers for industrial LiDAR
The company introduced its 905 nm triple-junction edge-emitting semiconductor lasers for light detection and ranging in industrial applications. The new 905 nm semiconductor lasers from Coherent feature a triple-junction design that efficiently emits up to 100 W of optical power in nanosecond pulses. Read More>>
Executive Movements
FARO Technologies announces changes to its board of directors
FARO appointed Jawad Ahsan to its Board of Directors, the planned retirement of a long-time Board member, Stephen Cole, and Alex Davern as the Chair of the Company’s Audit Committee in connection with Mr. Cole’s upcoming retirement. Read More>>
Stanley Black & Decker names Fortune Brands Executive as CFO
The company appointed the chief financial officer of Fortune Brands Innovations Inc. to lead its finances as the tool maker works on substantial cost cuts. Mr. Hallinan will join Stanley Black & Decker after a 17-year career as a home- and security products maker at Fortune Brands. Mr. Hallinan will remain CFO at Fortune Brands until March 2. Read More>>
Financial and Market Activity
Polycab India Q3 PAT seen up 18.6% YoY to INR 292.5 Cr (USD 35.8 Mn)
The brokerage house expects Polycab India to report a net profit of USD 35.8 Mn, up 18.6% year-on-year (up 9.2% quarter-on-quarter). Net Sales are expected to increase by 8 percent Y-o-Y (up 9.3 percent Q-o-Q) to Rs 3,641.7 crore. Read More>>
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Latest Industry Insights from Draup Braindesk

Research and Development Expansion
  1. METTLER TOLEDO focuses on investing in product innovation that provides technologically advanced products to customers for existing and new applications. 
  2. It develops applications to complement products and provide complete solutions to customers. 
  3. The company is keen on enhancing technology advancements to generate new products or features and increase the value of products. It includes software to process the signals captured by the sensors of instruments, application-specific software, and software that connects solutions to customers’ existing IT systems. 
Digital Transformation in Food Manufacturing
  1. METTLER TOLEDO focuses on leveraging its data management software and product inspection technologies that integrate into the cloud platform to offer end-to-end supply chain data for its customers’ visibility. 
  2. The partnership between Mettler-Toledo and the cloud platform is about developing and providing a robust and proven infrastructure to handle the wealth of digital data. 
  3. Mettler-Toledo allows food manufacturers to extend food safety performance by collecting and managing data for every product from the factory to digital track and trace. 
Product Inspection Management
  1. METTLER TOLEDO is keen on updating ProdX, product inspection management software that enables manufacturers to operate a cost-effective digital solution that provides real-time food compliance, digital traceability, and data integrity to complete product inspection management. Service Providers with rich expertise in Product Inspection Management would be apt to serve METTLER TOLEDO. 
Bioprocessing Operations
  1. METTLER TOLEDO focuses on Bioprocessing Operations by leveraging single-use sensors to create one of the most comprehensive sensor offerings in the bioprocess market. It expands its offering to include various sensors, including pressure and common control parameter in downstream and upstream bioprocess applications. Service Providers with rich expertise in Bioprocessing Operations would be apt to serve METTLER TOLEDO. 

Startup Spotlight

Company – Verdant Robotics
Total Funding  USD 58 Mn
About: Verdant Robotics drives the super-human farming revolution by unlocking transformative value through robotics and AI, digitizing the entire farm, acting on each cubic centimeter to maximize quality and yield, and creating a more sustainable, profitable future for producers and consumers. Read more>>

Latest Reports Published in Draup

Newell Brands Inc. Account Intelligence Report
Newell Brands focuses on innovation, sharpening brand positioning, strengthening international businesses, enhancing digital marketing and omnichannel capabilities, building customer relationships, improving cash efficiency, and improving key working capital metrics. Read More>>
Nilfisk Account Intelligence Report
Nilfisk supplies professional cleaning equipment in industrial, commercial, and consumer markets. The core business supplies industrial and commercial cleaning machines and professional high-pressure equipment. Read More>>
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