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IMI Posts $290 Million of Revenues for Q1 of 2024

05/10/2024 | IMI
Integrated Micro-Electronics, Inc. (IMI) reports group revenues of US$290 million for Q1 2024, 16% lower than the previous year, partly due to the divestment of STI which was still contributing revenues to the company last year. Cost rationalization activities have mitigated the drop in revenues to maintain IMI core operating margin at 2.4%, which sits at a similar level to 2023. Net loss for the group totaled US$3.7 million in the first quarter of 2024.

Manta Ray UUV Prototype Completes In-Water Testing

05/02/2024 | DARPA
The Manta Ray prototype uncrewed underwater vehicle (UUV) built by performer Northrop Grumman completed full-scale, in-water testing off the coast of Southern California in February and March 2024.

Real Time with… IPC APEX EXPO 2024: Exploring Electronic Card Testing and AI Integration with SPEA

05/02/2024 | Real Time with...IPC APEX EXPO
Luca Fanelli, President of SPEA, and Andrea Furnari, Vice President, give insight into the company and its business units. The challenges in testing electronic cards and the company's solutions are discussed. SPEA has a global reach and focus on the US market are emphasized. The use of AI in testing, particularly in optical inspection and test program execution, is examined.

Boeing T-7A Red Hawk Triples Progress

05/01/2024 | Boeing
The Boeing T-7A Red Hawk achieved three recent milestones, propelling the advanced pilot trainer for the U.S. Air Force forward.

Real Time with… IPC APEX EXPO 2024: Aegis Software Partners With Arch Systems

04/29/2024 | Real Time with...IPC APEX EXPO
Jason Spera, CEO of Aegis Software, discusses the company's collaboration with Arch Systems to develop the Aria X2 Bridge, a tool designed to boost continuous improvement. Spera delves into how Arch's AI enhances the work of human engineers, the harmonious relationship between Arch and Aegis, the integration process, and the customer experience. As Spera explains, the integration of Factory Logics and the Aria Bridge is simple, benefiting existing Factory Logics customers with pre-existing seed data.
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