ENGINEERING TECH,CONSTRUCTION
Openspace | January 24, 2023
OpenSpace, a global leader in reality capture and AI powered analytics, has recently announced platform support for the Insta360 Sphere, an easy-to-install, dual 360° camera that can be mounted to DJI Mavic Air 2 and Air 2S drones. When combined with OpenSpace's technology, drone capture with Sphere is simple and scalable, making 360° capture accessible to a broader corporate audience.
Sphere joins an increasing list of capture technologies supported by OpenSpace's platform, such as 360° cameras, mobile cameras, drone cameras, and LiDAR scanners, empowering users to capture in a manner of their choice.
The Insta360 Sphere integration produces a 360° view using two cameras, one upward facing and one downward facing, where the camera is rendered invisible in the capture, allowing drone pilots of varying levels of experience to capture all aspects of a job site without the need for additional flights. In addition, Sphere simplifies installation and flight with an easy locking mechanism and FlowState stabilization to ensure smooth filming.
OpenSpace is currently beta testing captures with the Insta360 Sphere in order to optimize calibrations, capture processing, image quality, battery life, ease of installation, elevated captures, and angle selection. Customers will be able to get Sphere support later this quarter.
OpenSpace Capture allows users to attach cameras to their hard hats, drones, robot, or other apparatus and walk around the site as they usually would. Once the video is sent to the cloud, OpenSpace's computer vision technology stitches images together and pins them to the floor plan regardless of where the camera is mounted, thus establishing a reliable visual record of the site state. Powered by the company's Vision Engine, the site image map is ready to view about 15 minutes after it has been uploaded.
About OpenSpace
OpenSpace, founded in 2017, is an AI technology firm on a mission to bring new levels of transparency and efficiency to the construction and real estate industries. It uses cutting-edge technology to empower teams to capture, evaluate, and complete their job efficiently. OpenSpace integrates common off-the-shelf 360° cameras, computer vision, and artificial intelligence, thereby making it simple to capture a complete visual record of a project site, share it over the cloud, and track progress remotely. The platform serves as a single source of information, increasing coordination, driving accountability, and simplifying conflict resolution.
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PERSPECTIVES, CONSTRUCTION
Core & Main | March 09, 2023
Core & Main, a leading distributor of water, storm drainage, wastewater, and fire protection products recently completed its acquisition of Landscape & Construction Supplies, LLC. As previously announced, all assets of Landscape & Construction Supplies will now be a part of Core & Main. With the completion of the acquisition of Landscape & Construction Supplies, Core & Main is set to enhance their market position by expanding their product offerings and services. The acquisition provides Core & Main with access to a wider range of high-quality products, including silt fence, erosion control products, and geosynthetics.
Landscape & Construction Supplies with two locations in Chicago’s metropolitan area is a full-service provider of geosynthetics products. Since 2004, Landscape & Construction Supplies has built a reputation as a top provider of silt fences, as well as geosynthetics, erosion control products, and drainage materials. Their products and services are available for customers in more than 15 states. Their steady commitment to quality and innovation has made them a go-to supplier of geosynthetics, erosion control products, and drainage materials for contractors, engineers, and municipalities alike.
Steve LeClair, Chief Executive Officer of Core & Main, stated, “The acquisition of Landscape & Construction Supplies allows Core & Main to expand our existing geosynthetics and erosion control product offering to our customers in the upper Midwest through the expertise and experience of this established and well-regarded company.”
(Source – Business Wire)
Brad Cowles, President of Core & Main, remarked, “We are pleased to welcome the Landscape & Construction Supplies associates into the Core & Main family.” He further added, "Their team’s breadth of knowledge and strong local relationships will strengthen our ability to serve our combined customer base in the region."
(Source – Business Wire)
About Core & Main
Core & Main, founded in 2017 and headquartered in St. Louis, MO, is a major national distributor serving municipal, non-residential, and residential end markets for water, wastewater, storm drainage, and fire prevention products and services. They have over 300 locations throughout the country, allowing them to provide their customers with local expertise and a reliable supply network.
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ENGINEERING TECH, CONSTRUCTION
Unibloc | March 10, 2023
On March 9, 2023, Unibloc Hygienic Technologies informed that it has acquired Metaltech Precision Engineers. With this acquisition, the company can further integrate its supply chain, reducing the time it takes to get products to Unibloc customers and adding significant capacity to support growth.
Unibloc Hygienic Technologies, a company owned by May River Capital, completed three acquisitions in the past 18 months. In January, the company acquired Duluth, GA-based Standard Pump, a hygienic and industrial process pump manufacturer, including drum pumps and fluid transfer equipment. On the other hand, in August 2021, the company had acquired UK-based Flotronic Pumps, a manufacturer of air-operated double diaphragm (AODD) pumps and related accessories.
Chris Stevens, CEO of Unibloc Hygienic Technologies, remarked, “With the two companies’ long history of partnership, Metaltech and UHT leadership saw an opportunity to bring Metaltech’s team members, experience and equipment inside the UHT organization.”
He added, “The combination of the two businesses fits hand-in-glove with our internal manufacturing investments and continues our strategy of providing superior customer responsiveness combined with the assurance they will receive premium quality hygienic flow control equipment.”
(Source – Business Wire)
Dan Barlow, Founding Partner, May River Capital said, “The vertical integration of Metaltech into the UHT portfolio allows Unibloc to have meaningful additional control over its supply chain.”
He added, “The acquisition supports UHT’s growth strategy and further enhances the company’s operating efficiency. We are pleased to welcome the Metaltech team to the UHT platform.”
(Source – Business Wire)
About Unibloc
Unibloc Hygienic Technologies, founded in 1984 and headquartered in Kennesaw (Georgia), specializes in flow control technology and performance. The company offers a range of highly engineered products for use in hygienic flow control applications, including drum pumps, positive displacement pumps, and air-operated double diaphragm (AODD) pumps. UHT's products are designed for ease of use and maintenance, helping customers avoid downtime, reduce operating costs, and meet critical deadlines.
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