article thumbnail

Energy giant announces $200 million green hydrogen investment

Manufacturer's Monthly

From 2026, ENEOS will produce up to 680 kilograms of green hydrogen per day at Bulwer Island by building and running a $200 million demonstration plant. Image: Zainab / stock.adobe.com Japanese oil company, ENEOS, is set to increase its production of green hydrogen using its own technology in Queensland. A portion will be shipped to Japan.

Form 98
article thumbnail

Elon Musk claims Tesla will start using humanoid robots next year

The Guardian Manufacturing

Billionaire says Optimus will start performing tasks for carmaker in 2025 and could be ready for sale in 2026 Business live – latest updates The Tesla chief executive, Elon Musk, has claimed the company will produce “genuinely useful” humanoid robots to start working in its factories next year. Continue reading.

Robotics 137
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

MACH 2026 Where The UK Manufacturing Community Comes Together

i4.0 today

MACH 2026, the UK’s premier manufacturing and engineering exhibition, has already secured more than 65% of its floorplan, 16 months ahead of the event. From groundbreaking advancements in machinery to showcasing capacity and capability across the supply chain, MACH 2026 is a reflection of the sector’s resilience, ingenuity, and innovation.

article thumbnail

UK’s National Semiconductor Strategy - a plan begins to form

E&T

In the US, the CHIPS Act passed last year has pledged almost $280bn to semiconductor-related investments by the end of 2026, with just over $50bn of that earmarked specifically to support local manufacturing. Quite a lot of the solutions highlighted by the strategy are not semiconductor specific,” he says.

Form 98
article thumbnail

The state of Australia’s defence manufacturing

Manufacturer's Monthly

billion from its defence division, though military contracts form a smaller part of its broader operations. Navy submarine production, expected to create up to 1,000 jobs and be completed by 2026. Raytheon Technologies follows in second place, generating $39.57 billion from arms sales, making up nearly 60 per cent of its total revenue.

article thumbnail

CynLr raises Series A funding to realize robot vision for ‘universal factory’

Robotics Business Review

It is developing technology to enable robots to manipulate objects of any shape, color, size, and form toward its “universal factory” or “factory-as-a-product” concept. ” of 25 robots, which CynLr plans to expand to more than 50 systems by 2026. and EU to co-develop pilot applications. The 13,000-sq.-ft.

article thumbnail

Confronted by Rising Costs, Weakening European Demand, and Increased Competition from Chinese Automakers, Volkswagen opts for Drastic Restructuring

Frost & Sullivan Manufacturing

This unprecedented decision forms part of a larger plan to save €10 billion by 2026. However, the current restructuring plan would not only jeopardize thousands of jobs but would also require existing employees to accept pay cuts and freezes through 2026.