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Velo3D, Inc., a leader in metal additive manufacturing (AM) technology, announced a Cooperative Research and Development Agreement (CRADA) with two Naval Air Systems Command (NAVAIR) federal laboratories, Naval Air Warfare Center Aircraft Division (NAWCAD) and Fleet Readiness Center East (FRC East), to advance additive manufacturing capabilities for the aerospace and defense sectors. Under the terms of the four-year agreement, Velo3D will collaborate with NAWCAD and FRC East to explore and characterize advanced materials tailored for military flight hardware. The partnership aims to enhance the understanding of AM for production of complex, high-performance components used in military aircraft and systems, ensuring these parts meet the rigorous standards required for defense operations. "This CRADA with NAWCAD and FRC East represents a significant milestone in advancing our ability to provide precise, repeatable and scalable additive manufacturing solutions for the defense industry," Arun Jeldi, Chief Executive Officer for Velo3D. "By focusing on engineering-driven solutions, we are

Visa Cash App Racing Bulls Formula One™Team has deployed Neural Concept, the world’s leading AI platform for engineering design to accelerate the team’s car design and optimize aerodynamic performance through AI-powered, data-driven engineering workflows that enable faster design iteration and better-informed decisions. Neural Concept’s proprietary Engineering AI platform complements traditional Computational Fluid Dynamics (CFD) with high-speed predictive simulations. Engineers can use digital twins to evaluate thousands of design variants across complex “multi-physics” environments that mimic real-world track conditions such as wind and temperature differences. This enables VCARB to explore more designs, unlocking new performance gains within every iteration. Laurent Mekies, Team Principal, Visa Cash App Racing Bulls said: “In Formula One, every millisecond counts and innovation at the design stage can be the difference between leading the pack or falling behind. By integrating Neural Concept’s cutting-edge Engineering AI into our aerodynamic development, we’re unlocking new levels of speed and precision in our design

This annual educational webinar will share results from CIMdata’s 2025 global PLM status and trends survey. ANN ARBOR, Michigan, USA 10 June 2025—CIMdata, Inc., the leading global research, consulting, and education firm specializing in Product Lifecycle Management (PLM) and the Digital Transformation it enables, announces an upcoming free educational webinar, “2025 PLM Status & Trends.” The webinar will take place on Thursday, 10 July 2025, at 11:00 a.m. (EDT) and last for one hour. This eagerly awaited annual webinar will provide insight into CIMdata’s global PLM Status & Trends research survey results. The research aims to deepen the global PLM community’s collective understanding of the status, drivers, and preconditions necessary for companies to derive value from their investment in PLM. Topics to be covered include spending trends, implementation focus, value perception, and processes that are enabled, to name a few. Additionally, the webinar will share some of the key potential PLM industry

CIMdata’s Aerospace & Defense Practice Director, James Roche, featured in the May edition of PPI SyEN with an article entitled "Current Reality and Trends in Model-Based Systems Engineering – Insights from Industry Research.” Read the full article at https://issuu.com/ppisyen/docs/ppi_syen_147_may_edition/29?utm_campaign=PPISyEN147&utm_medium=Post&utm_source=PPILinkedIn To view the original press release, please click here.

HCLTech, a leading global technology company, inaugurated its delivery center in Thiruvananthapuram, Kerala. Located at the Technopark, the center will deliver projects across AI, GenAI, Cloud and emerging technologies to HCLTech’s clients across industry verticals. Sri Seeram Sambasiva Rao, IAS, Special Secretary, Electronics & IT (E&IT), Government of Kerala, Fabrizio Salvatore, Head of Infrastructure Services and Information Security, EMT Member, Allianz Technology, Jayant Tulsiani, Branch Head, Allianz Technology India and Sudip Lahiri, Executive Vice President and Head of Financial Services—Europe and UKI, HCLTech, were present on the occasion. This is HCLTech’s second delivery center in Kerala, following the inauguration of the first center in Kochi last October. The company aims to cultivate innovation-driven learning and offer career opportunities for aspiring IT professionals in the region. To view the original press release, please click here. Search for HCLTech on CIMdata.com

We’re excited to welcome Mark Smith to Microvellum as our new Brand Ambassador. Mark brings over 30 years of experience as an Industrial Technology Teacher and industry advocate, with a career dedicated to advancing technical education and bridging the gap between schools and the manufacturing workforce. He has developed and led computer-integrated manufacturing programs at both the high school and college levels, teaching CAD/CAM, CNC programming, and design using industry-standard tools and software like Microvellum. His passion for education and his deep understanding of wood product manufacturing have positioned him as a trusted voice in the industry. Beyond the classroom, Mark has served in leadership roles with respected organizations such as WoodLINKS USA, the Woodwork Career Alliance (WCA), the Association of Woodworking & Furnishings Suppliers (AWFS), and the National Woods Board. He is a frequent contributor to advisory boards, education committees, and skills competitions, consistently advocating for the future of skilled trades As Brand Ambassador, Mark will work alongside

EON Reality, the world leader in AI-assisted Virtual Reality and Augmented Reality-based knowledge transfer for industry and education, announces the transformative new release of EON-XR 11.1. Packed with innovative features and significant enhancements, version 11.1 empowers learners, educators, and professionals with new ways to develop practical skills, collaborate in real time, and personalize career growth through immersive technology—delivering advanced capabilities to elevate learning, collaboration, and upskilling for students and professionals globally. What’s New in EON-XR: Immersive, Personalized, and Skill-Based Learning Skill Simulators Experience a new level of practical training with four cognitive modes designed to develop real-world competence: Procedure Mode: Master structured, step-by-step procedures with guided practice and feedback—ideal for any field requiring precision, safety, and compliance. Decision Mode: Make critical choices under real-world pressure, applying ethical and data-driven logic. Creative Mode: Tackle real-world challenges using innovation and constraint-based problem solving. Exploratory Mode: Spark scientific curiosity and pattern recognition through open discovery. Multi-Avatar Soft Skills Master soft skills in group settings with

Wipro Limited, a leading AI-powered technology services and consulting company, announced the relocation of its Middle East regional headquarters from Al Khobar to Riyadh, Saudi Arabia. The new office in Riyadh was inaugurated in a ceremony attended by the Wipro executive team, employees, and customers. This is the latest addition to Wipro’s growing presence in the region, which includes offices in Riyadh, Al Khobar, Jeddah, and Jubail. “The inauguration of Wipro's new regional headquarters in Riyadh marks a significant milestone that contributes to accelerating the growth of the Kingdom's digital economy,” said Mohammed AlRobayan, Deputy Minister for Technology at the Ministry of Communications and Information Technology (MCIT).“This also underscores the attractiveness of Saudi Arabia's digital business environment. We value the company's investment in developing national competencies, in line with the objectives of Saudi Vision 2030 and enhancing the Kingdom's position as a global technology hub.” In addition to this new office opening, Wipro

Honeywell announced new digital technologies that leverage artificial intelligence and are designed to accelerate the industrial shift from automation to autonomy. At the 49th annual Honeywell Users Group, the company introduced a suite of AI-enabled cybersecurity solutions designed to bolster the defenses of operational technology (OT) environments against the evolving landscape of cyber threats. Together, Honeywell Cyber Proactive Defense and Honeywell OT Security Operations Center will help companies reduce the risk of cyberattacks in industrial environments, increase resiliency and support continuous operations. The company also announced the expansion of the Honeywell Digital Prime platform to encompass an enterprise-wide set of solutions that effectively test and modify engineering projects before implementation, helping reduce plant downtime and increase throughput when deployed into production. In a recent survey of 300 U.S. decision-makers and influencers in energy and energy-adjacent industries, Honeywell found that 91% believe AI has near-term potential to enhance energy security, and 85% are already either actively using or

Keysight Technologies, Inc. and Synopsys, Inc. introduced an AI-powered RF design migration flow to expedite migration from TSMC’s N6RF+ process to N4P technology, to address the performance requirements of today’s most demanding wireless integrated circuit applications. Building on TSMC’s Analog Design Migration (ADM) methodology, the new RF design migration workflow integrates RF solutions from Keysight and the AI-powered RF migration solution from Synopsys to streamline the redesign of passive devices and design components to TSMC’s more advanced RF process rules. RF circuit designers can now use AI technologies for RF design migration with TSMC’s ADM methodology. Beyond the productivity gains offered by ADM, the Keysight and Synopsys migration workflow leverages the performance gain of the N4P process for the LNA design migrated from N6RF+. Key components of the design migration flow include the Synopsys Custom Compiler™ layout environment with Synopsys ASO.ai™ for rapid analog and RF design migration, Synopsys PrimeSim™ circuit simulator, and Keysight RFPro for device parameterization, automated